FIRE: If you take care of your money, your money takes care of you

Money Making Sense

FIRE: If you take care of your money, your money takes care of you

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Published on Dec 18, 2024, 1:00:10 AM
Total time: 00:25:13

Episode Description

Having Financial Independence so you can Retire Early (FIRE) is achievable, if you know the right formula.  Aaron Clark, owner of The Accounting Nerd, LLC says the first thing you need to do is change your mindset.  Then invest in relatively safe, Index Funds.

Susan Speirs, the CEO of Utah Association of CPAs, says money is a very psychological and behavorial aspect to our being.  So there must be discipline in order to live a FIRE lifestyle. And do you know the difference between 'Coast FIRE and Barista FIRE?'

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More about Money Making Sense

The goal of Money Making Sense is to help you find more financial peace. Host Heather Kelly and guest experts focus on reviewing paychecks and analyzing family decisions. They also talk about vacationing on a budget, retirement savings on a limited income, reducing household expenses, the financial impact of owning pets and how money affects relationships. Money Making Sense will give you practical ideas on how to improve your bottom line. Money Making Sense is a 2017, 2018, 2020 and 2021 People's Choice Podcast Award Finalist.