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Reader Case: Should I go To Grad School?

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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.
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One of the reasons I love doing case studies is because our readers come from such a wide and varied background. Sometimes they’re tech entrepreneurs, sometimes they’re non-traditional earners such as actors or artists. Today’s case study is from someone still in school and wondering what the right move is to set themselves up for a FIRE-friendly career, which is an excellent questions that I wished more people asked at that stage of their careers. So without further ado, let’s dive in, shall we? To Grad School or not to Grad School… That is my question! I absolutely adore your […]

Reader Case: Feeling Disheartened about FIRE. Please help!

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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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Our inbox is overflowing with reader cases so time to pick another one! Dear Ms.FIRECracker and Mr.Wanderer, First of all I would like to thank you both for giving my life a sense of purpose and direction and why not.. HOPE!… After reading “Quit Like a Millionaire” 3 years ago my life really completely changed for the better I must say and for that I will be forever grateful… more than that you have a full time preacher of the FIRE movement now… I have “converted” 3 of my friends and counting.. if only more people will know about these […]

Is the US in a Recession?

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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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Last week, GDP numbers came in for Q2, and they…don’t look great. The U.S. economy unexpectedly shrank for a second quarter in a row this year, according to data released Thursday. GDP Flashes Recession Warning Sign, Forbes.com The US has now experienced negative GDP growth for 2 consecutive quarters, and that’s the commonly accepted definition of a recession. So…the US is now in a recession, right? Surprisingly, the answer is not so clear cut, and there’s plenty of disagreement about whether this is a “real” recession or not, with economists, financial analysts and (of course) politicians weighing in on both […]

Reader Case: Can This Family Survive Higher Mortgage Rates?

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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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Latest posts by FIRECracker (see all)

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 […]

Reader Case: House Hacker Dreams of FIRE

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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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Happy Monday everyone! It’s been a while since we’ve done a reader case, so I thought I’d dive into the ol’ mail bag and see what we can find. Today’s reader’s approach to FIRE is using a strategy called House Hacking, so this should be fun. Let’s dive in, shall we? Hey good afternoon, Hopefully you two are doing well and getting to enjoy your FIRE life.  First off, I wanted to say thanks for your book and blog, they have re-lite the FIRE for me.  I’ve read most of the common FIRE books and blogs over the past years, […]

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