Understanding FIRE: Financial Independence Retire Early

On this weeks episode were exploring the FIRE movement, and joining me as a guest to talk all about it is Logan Leckie.

For those of you who don't know, FIRE is a method people use to help them to save their money in pursuit of retiring early. FIRE shows you that retirement doesn't have to be an age, and that in fact its actually a number. Its a method that encourages saving an investing your money, with the aim of living off the investments returns.

Logan is a strong believer in the FIRE movement and currently developing an app that aims to help people better manage their finances while pursuing this strategy. 

In the episode, we discuss the FIRE in detail, but a few specific topics we focused on includes:
- how to make the most of FIRE in your 20's
- the best way to manage FIRE
- how to calculate your Financial Independence (FI) number
- how young adults can implement it regardless of their financial situation

It was such a great episode and Logan shared so much useful information about FIRE. Most importantly though, he showed us that everyone can pursue this sort of strategy, whatever your financial situation. 

You can find all the links to what we spoke about in the show below:

- Compounding Interest calculator
- Calculating your FI
- Mr Money Moustache, a famous blogger of the FIRE movement
- Two additional podcasts to help you further your understanding of FIRE:
     - Choose FI
     - Mad Fientist

- Topia Life is where you can get in touch with Logan and find out more about his app and FIRE

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