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How Has Covid-19 Affected Your FIRE Journey? Part 2

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FIRECracker is a world-travelling early retiree. She used to live in one of the most expensive cities in Canada, but instead of drowning in debt, she rejected home ownership. What resulted was a 7-figure portfolio, which has allowed her and her husband to retire at 31 and travel the world. Their story has been featured on CBC, the Huffington Post, CNBC, BNN, Business Insider, and Yahoo Finance. To date, it is the most shared story in CBC history and their viral video on CBC's On the Money has garnered 4.5 Million views.
FIRECracker
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In my quest to find out if FIRE works during bear markets as well as be bull markets, I’m interviewing friends in the FIRE community, who are in different parts of the FIRE journey, to see how covid-19 has affected their financial plans. Last time, we featured Clover from SimplyCloverLiving, a flight attendant who is still saving 50% of a government subsidy despite being on a job hiatus due to the pandemic. Read her interview here. Today, we have Sandy and Belinda (note: names have been changed for anonymity), a pair of Chautauquans who are on different paths of the […]

Reader Case: House Horny in Florida

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The Wanderer retired from his engineering job at a major Silicon Valley semiconductor company at the age of 33. He now travels the world, seeking out knowledge from other wealthy people, so that he can teach people how to become Financially Independent themselves.
Wanderer
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This morning I woke up and realized it’s been a long time since I did a rent-vs-buy reader case. So I thought I’d dust off the ol’ “Housing” Gmail folder and take one for a spin. I’m weird like that. It’s getting hot here in Fort Lauderdale, Florida and I don’t mean just the temperature. My wife and I are being tempted to buy a house (gasp!) due to rising rents and the fact that we have a little baby girl due in July 2020. We feel like we’ve been doing well in our financial situation but have gotten confused […]

Reader Case: Investing for FIRE in Malaysia

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The Wanderer retired from his engineering job at a major Silicon Valley semiconductor company at the age of 33. He now travels the world, seeking out knowledge from other wealthy people, so that he can teach people how to become Financially Independent themselves.
Wanderer
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I don’t know about you, but I am getting a little tired of the constant COVID-this and COVID-that coverage in the news, so just so I can remember what life used to be like before everything went all coo-coo-ca-ca, let’s do a reader case for old time’s sake! Hi Kristy, I have been reading your blog as well as that of your FIRE friends (RoG, GoCurryCracker etc). And I have done my calculations and projections for my retirement plan. But I need some advice because I think that we have some unique situations here in Malaysia that is affecting us […]

How Covid-19 Changed Our Budget

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FIRECracker is a world-travelling early retiree. She used to live in one of the most expensive cities in Canada, but instead of drowning in debt, she rejected home ownership. What resulted was a 7-figure portfolio, which has allowed her and her husband to retire at 31 and travel the world. Their story has been featured on CBC, the Huffington Post, CNBC, BNN, Business Insider, and Yahoo Finance. To date, it is the most shared story in CBC history and their viral video on CBC's On the Money has garnered 4.5 Million views.
FIRECracker
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“When shit hits the fan, we’re off to…“Thailand” “Toronto?!” When COVID-19 shut everything down and wreaking havoc on the economy, our (dreamy) prime minister Justin Trudeau told all Canadians abroad that now was the time to come home before flights shut down and it would be too late. So that’s what we did. But on the flight home, I worried that without our backup plan of using SE Asia to control our living expenses, we’d be stuck in Canada, freezing our butts off while our budget spiralled out of control. After all, while we were gallivanting around Europe and Asia, […]

Reader Case: New York Doctor Dreams of Nomadic FIRE

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FIRECracker is a world-travelling early retiree. She used to live in one of the most expensive cities in Canada, but instead of drowning in debt, she rejected home ownership. What resulted was a 7-figure portfolio, which has allowed her and her husband to retire at 31 and travel the world. Their story has been featured on CBC, the Huffington Post, CNBC, BNN, Business Insider, and Yahoo Finance. To date, it is the most shared story in CBC history and their viral video on CBC's On the Money has garnered 4.5 Million views.
FIRECracker
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Hi friends, our inbox has been exploding with reader cases and since we’re in isolation anyway, I thought it would be a good time to pick one. This one comes to us from a New York primary care doctor, who, before we get started, I just want to extend my sincerest thanks. Fighting the COVID-19 pandemic on the front lines, coping with mask shortages, and a medical system stretched to the brink, they’re fighting this unrelenting virus day in and day out, We salute you, brave soldiers of medicine. Thank you for saving our lives. (note: e-mail has be edited […]

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