Reader Case: Lean FIRE or buy a ski studio?
Today’s reader case jumped out at me from the subject line, mainly because it might be the most Canadian reader case I’ve ever heard. Don’t believe me? Check it: Hello Firecracker! As a fellow Canadian, I really love your book and blog where I can find not only US centric insights! I am in my mid 30s and on track to reach my FI number of 600k in a year or so with 522k investments in index funds. Once I reach 600k, my original plan is to continue working to save up 1 year expenses in cash so that I […]
Making Work From Home Permanent
Before the pandemic, hustling was seen as a badge of honour. People went to cubical farms, put in long hours, swore, and got stuck in traffic during their commutes, rushed through family dinners, woke groggily to a 6am alarm, only to repeat the entire cycle again. But then the pandemic happened, putting the pause button on everybody’s crazy hectic lives. Working from home was suddenly mainstream, not just for weirdo digital nomad types. Employees finally had more autonomy and time to themselves without their dreaded commute. Priorities shifted, and employees started picking their family, health, or free time over a […]
Reader Case: I Lost My Job. Then I Lost Money Day Trading.
My life revolves around numbers. You can even say math is my religion. But sometimes you find a reader case in which number and logic, though revealing, doesn’t actually solve the problem. What do you do in this case? Let’s find out: Hi guys, I am in my 30s and I came across you guys when I was researching FIRE. And guess what, I went to the same university as you did and on Christmas 2017 I gobbled up your website and have been a big fan/advocate ever since. I even read your “Quit like a Millionaire” book. Loved it […]
Reader Case: I’m Scared I Screwed Up My Family’s Future￼
I know everyone’s doom-scrolling the news right now about what’s happening in the Ukraine, so I thought we’d all take a break from the daily news by doing a reader case. I can’t even say I chose this reader case because honestly, this time, this reader case chose me. I simply couldn’t look away. A slow moving train wreck that’s impossible to ignore, this reader case serves as a warning for other’s not to get into the same situation because, as the reader says, “I’m embarrassed at my financial mistakes …but…maybe it can help others.” Dear Firecracker and Wanderer, Firstly […]
Reader Case: Should this professional actor buy a home?
One of the reasons why we got a book deal was because a Hollywood actress read our blog and enthusiastically plugged us to her literary agent. So, when I saw this reader case in my inbox from another Hollywood actor, it immediately grabbed my attention: Hello Firecracker! Huge fan and admirer of yours! I’m Sam (a pseudonym for privacy purposes) and I’m a professional actor in my 30s in the tv/film industry. I have an S-Corporation, but for simplicity, I have combined my personal and corporate income/expenses in these figures. A large portion of my expenses are because I rent […]