F.I.R.E. Financial Independence Retire Early, with Dave from StrongMoneyAustralia.com

FIRE is a worldwide community of like-minded people, who share ideas and strategies on how to reach financial independence and retire early. Generally, this involves a combination of aggressive saving (up to 70% of their income), investing in shares or property, and cutting their cost of living. By doing this, they aim to quit their jobs, remove themselves from the rat race and live off investment income for the rest of their lives. Today’s Guest is Dave from Strong Money Australia, who retired at the age of 28 and now lives in Perth with his partner and their dog. In this interview, Dave shares his story and explains how the FIRE philosophy has helped him adopt a simpler lifestyle, save money and retire early.What you’ll learnHow Dave reached Financial Independence in less than 10 yearsThe lifestyle philosophy behind the FIRE movementHow much you need to save to retire earlySaving More or Earning More – what’s the quickest way to retire early?Shares versus Property – what’s the best strategy?How he and his partner live off $45,000 a yearDave’s top tips for living frugallyWhy he started blogging and podcastingMore informationShow notes and resources mentioned in this interview are available at https://thedadtrainlcom/25