How to Beat Inflation
(Note: Stay tuned for the giveaway winners announcement at the end of the article) Ahh inflation, the most terrifying arch-nemesis of early retirees. You’re no longer working, relying on your portfolio (which is dropping during a bear market), and then you get hit with a whopping 9% increase in spending? Yikes! Is it time dust off the ol’ resume and go crawling back to your boss to beg for your job back? What happens to a FIRE person’s expenses when inflation runs hot? Do you get burned? The interesting thing is, this whole time with inflation running at 9%+ and […]
Reader Case: Can This Family Survive Higher Mortgage Rates?
The times sure are a-changing. As mortgage rates around the world climb inexorably higher on the back of central bank interest rate hikes, everything in the housing market seems to be changing, in ways that continue to surprise us. Today’s reader case is a great example of this. What should have been a fairly straightforward analysis turned out to be anything but. Read on to find out why. Hey FIRECracker & Wanderer, I am a huge fan of you both and inspired by your journey. Absolutely LOVE,LOVE, LOVE your book.(Did i mentioned that I love your book!?). Going on 10 […]
Let’s Go Exploring! Zadar, Croatia: The Best Sunset in the World
Croatians hate it when tourists come to Croatia, ignore its history, food, and culture, only to ask “So, uh, where’s all the Game of Thrones stuff?” So, of course the first question I asked when I got to Zadar was “Where’s all the Game of Thrones stuff?” My tour guide’s response: “Most of that is in Dubrovnik. Here in Zadar, we’re low key and not full of tourists.” That turned out to be a blessing. With a population of just 87,000, Zadar felt more intimate and local. But what it lacked in Game of Thrones bragging rights, it made up […]
How Much Will House Prices Fall?
Lately, my google newsfeed has been filled with scary headlines like Nearly 1 in 4 homeowners say they’d have to sell home if interest rates rise more, according to survey Canadian Real Estate Prices Expected To Drop 24%, Can Crash 40%: Oxford Economics B.C. home sales drop 35% as rising mortgage rates bite: ‘The housing correction has started But on the flip side, there are also articles saying the exact opposite, like: Home prices could rise 15% in 2022 despite efforts to cool market: Royal LePage Some experts say prices could fall as much as 40%, while others think it’s […]
Reader Case: Is FIRE Attainable for this VanLife Couple?
Since our inbox is filling up with lots of reader cases, it’s time for another one : Hey Kristy and Bryce! I just finished “Quit Like a Millionaire” for the second time in as many weeks, and just wanted to shoot you a thank you. While it’s certainly not the first book I’ve read on FIRE/related topics, it’s certainly one of the most updated, concise, and helpful! I’m at an impasse, hoping you can help. Here’s my situation: Married, in our late 30s We live in a converted van, work full time, and travel the US Income / Expenses: ~$114k […]