The Cheat Code to Financial Independence
I first heard about making big bucks overseas from Andrew Hallam, a self-proclaimed “Millionaire Teacher” and author. That was way before I discovered FIRE, and now that I know about both, combining them to create a “cheat code” to FI makes perfect sense. The trick is to find a job in a country with something called a “territorial taxation” system, enabling you to keep 100% of your earnings, tax-free! Bonus points if your employer also covers your accommodations. After learning about this strategy from friends who became FI without a STEM degree or 6-figured salary, I realized that it’s a […]
Reader Case: Can We Afford to Leave the US?
Maybe it’s our travelling instincts longing to get back out onto the open road, but lately we’ve been picking a lot of travel-related reader cases. Today’s is another doozy. This time, our reader wants to know if after a lifetime of hard work and diligent saving, can they afford to pack up all their stuff and retire to…Portugal? Hi Kristy and Bryce, Thank you so much for taking the time to read the below information and considering us for one of your case studies! Kristy’s story was instrumental in my belief that the FIRE movement is accessible to anyone, if […]
Why Women Are Better At Investing
When I first started this blog, one of my mentors (a man) told me, “you’re going to have a huge disadvantage writing a finance blog as a woman. No man will ever read it.” (Millions of views and tens of thousands of subscribers later—half of which are men—he’s been proven wrong) In engineering school, I was outnumbered 8 to 100 as a woman by my male classmates. And finally, at work, there were two male bathrooms for every female bathroom to accommodate the high male-to-female ratio in my field. Women still earn 80 cents for every dollar a man makes. […]
Will the Delta Variant Cause a New Recession?
About a week ago, a pretty dramatic announcement came blasting out from Wall Street: The Pandemic Recession is officially over! Woohoo! Champagne flowing all around! The pandemic sparked recession ended in April 2020 after just two months, according to the National Bureau of Economic Research The covid recession is officially over, and it was the shortest on record: CNN Of course, the reason that you probably haven’t heard about this pretty momentous news is that it’s been buried by a far scarier story: The resurgence of the Delta variant in the USA. In the past two weeks, the number of average new […]
Reaching Financial Independence in Poland
One of our favourite underrated places to travel to in Europe is Poland. Having explored nearly all of the European Schengen (World’s largest Visa-free zone) countries, Poland reigns supreme as the best value for money. Even Eastern European countries like Estonia, Latvia, and Lithuania couldn’t beat it. And a big part of the reason is because, even though, Poland is part of the European Union, it hasn’t adopted the Euro. Instead, its currency is the Zloty, which is nearly on parity with the Malaysian ringgit. Not surprising then, that we when visited Poland, we felt like we were getting southeast […]