In a way, aspiring to financial independence is all about comfort. Forgetting what the jam-packed commute feels like. Never having to deal with workplace politics again. Leaving all the money worries behind and spending the rest of your days in a state of pure bliss and relaxation. Ain’t gonna miss this part of the day …
Over the past six weeks or so, it seems that the vast majority of news articles, blog posts and social media updates I read are, in one way or another, related to Covid. This blog is no exception. So today, I want to take a break from the relentless stream of pandemic- and money-related stories …
Forget Money – Banker on FIRE Turns One Year Old! Read More »
Figure out your expenses. Multiply them by 25 to get your magic FI number. Hit that number. Leave your job – and live happily ever after. Simple enough – if you believe 99% of the personal finance articles out there. Except it’s not. On the contrary, there is a high degree of likelihood that whatever …
Are We There Yet? Why Your FIRE Number Could Be Way Off Read More »
On Saturday night, after a long day of taking care of the kids, catching up on life admin (and even squeezing in a workout!), I was partaking in my favourite activity – relaxing on the couch with a cold beer. Unfortunately, I broke my own cardinal rule of avoiding the news – and was immediately …
Seize The Moment Today – Because It Won’t Be There Tomorrow Read More »
When it comes to finances, 2019 was an eventful year for the Banker On Fire family. Early in the year, I had a pretty significant setback at work which caught me totally off-guard. It was totally out of my control and yet had a meaningful impact on my trajectory within the firm. Landing on the …
