Latest posts by FIRECracker (see all)
- QUIT LIKE A MILLIONAIRE is Now Published! - July 9, 2019
- Reader Case: Start Early, Retire Early - July 5, 2019
- Chautauqua UK 2019: A Week Together With Our Tribe - July 1, 2019
Hey everyone! Today we have a BIG announcement about our upcoming Chautauqua in the UK, but first a little background.
Many years ago when we first started working Wanderer picked up a book from the library he had heard rave reviews about. It was a book called Your Money or Your Life.
Your Money or Your Life is considered by many in the FI community to be the original book that started the entire FI movement. This book was the first time I had ever heard the term “Financial Independence” at all. The core concept of this book that I took away was.
- Link your spending to your Happiness. Does spending X on Y make you more happy, or less happy?
- Eliminate spending that does not make you happy.
- Build up enough assets to pay for your pared down annual spending and you are now Financially Independent.
To say it was a game changer would be a massive understatement, and the public agreed, rocketing the book to New York Times Best-Seller status, landing the authors Joe Dominguez and Vicki Robin on the Oprah Winfrey show (twice!) and elevating them to basically revered demi-god status.
Now, the book is not without its flaws. It was originally published in 1993 and by the time I read it somewhere in the early 2000’s, parts of the book had become laughably dated. The original version I read had a section about investments that was about 2 pages and basically instructed the reader to buy Treasury Bonds, because they were yielding 12% and what more do you need?
So while the original core ideas behind Your Money or Your Life were sound, the strategies on how to implement it were not. And unfortunately, by the time we found out about this book, the authors had gone silent. I read that Joe Dominguez, sadly, passed away in the late 90’s, and Vicki Robin had stopped writing about Financial Independence and disappeared into the metaphorical woods to focus on other things.
So it’s in this vacuum that what I like to call the “Modern FIRE Movement” was formed. Started mostly by Jim “The Godfather” Collins and Mr. “The Money” Mustache, and then later joined by MadFientist, Paula Pant, Jeremy, Justin, and, of course, ourselves. Our goal was ambitious: We wanted to figure out how to adapt that original message of Financial Independence/Early Retirement to today’s investing environment.
And we’ve succeeded in doing not just that, but in finding multiple pathways to FIRE. Whether through real estate investing (Paula), frugality (MMM), Index Investing (Jim), Global Arbitrage (Us, Jeremy) or some combination, the Modern FIRE Movement has largely succeeded in finding and marking pathways for others to follow to Financial Freedom.
So what does this have to do with Chautauqua?
Well, remember Vicki Robin, the author of Your Money or Your Life? Out of the blue she contacted Cheryl, the organizer of Chautauqua Ecuador and asked if she could be a speaker.
The reaction was immediate.
Mr. Money Mustache, who had originally been scheduled to appear for the first week of Chautauqua Ecuador only, changed his plans so he could join us in the second week as well, specifically so he could meet Vicki. And then as word started spreading about what was going on, and under the transitive property of “The Idol of My Idol is My…Super-Idol, I guess?” the second week of Chautauqua Ecuador sold out almost immediately. Hence why that big red “SOLD OUT” sign appeared mysteriously on the right sidebar there on Chautauqua Ecuador. We didn’t even have time to announce the change on our blog before it got sold out.
So again, why am I telling you this?
Well, after weeks of back-room cloak-and-dagger negotiations, I am thrilled to announce…
Vicki Robin will ALSO be appearing at Chautauqua UK as well!
Besides co-authoring the book that basically coined the phrase Financial Independence, Vicki Robin is a renowned speaker, educator, and an activist for sustainable living.
Many people ask us whether Early Retirement is some short lived fad that will continue to work 30, 40 years from now. Well, Vicki is living proof, because she’s the ONLY one who did it for that long!
I don’t like to say things like “once-in-a-lifetime opportunity,” but if you come to Chautauqua UK, you will get to meet not only us, MadFientist, and Jim “The Godfather” Collins, but also the Eve of “Adam & Eve” fame of the entire FI movement!
And that may be as close to a once-in-lifetime opportunity as it gets.
But act fast. If what happened to the Ecuador Chautauqua is any indication, any remaining seats are going to get snatched up FAST.
Official Chautauqua UK Site: http://ukchautauqua.weebly.com/
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