Your Survival Guy

Preparing your investments and family for when disaster strikes.

Disclosure

  • Home
  • Your Survival
    • EMP Threat
    • Tucker Explains
    • Newport Gas Outage
    • Water
      • Emergency Water Storage
      • Let There Be Water
    • Get Your Gun and Your Training Now
    • Satellite Phones
    • Navy SEAL Survival Kit
  • Your Money
    • Coronavirus Infects Stock Market
    • Looking for a Better America
    • You Invest, They Win
    • Where to Keep Your Cash
    • Paris
    • How to Buy a Boat
    • Dead or Alive? The Future of Long-Term Investing
    • Is Vanguard too Big?
    • Cryptocosm and Life After Google
    • The Last Intelligence Report
    • The Truth Behind the S&P 500
    • RAGE Gauge
    • How Many “Retirees” Will Keep Working?
    • Your Retirement Life
    • You’ll Love This if You’re Dreaming of an Active Retirement Life
  • Weapons
    • Self Defense
    • Every Family Should Own at Least One Shotgun: Here Are Three
  • About Me
    • Preparing for Times Like These
    • My Videos/Pics
    • Music
      • RIP Neil Peart: You Will Always Be Remembered as a “Modern-Day Warrior”
  • You
    • Our Cabin on Kodiak, Alaska
    • If You Are in Pain, this May Help. It Helped Me.
    • How to Save for a Grandchild
    • FIRE! Financial Independence, Retire Early
    • Compound Interest
    • Arithmetic of Portfolio Losses
    • Maximum Portfolio Withdrawal Rate
    • An Efficient Frontier
    • Retirement Compounders
    • Counterbalanced Total Returns
  • Survive & Thrive
    • January 2021
    • December 2020
    • November 2020
    • October 2020
    • September 2020
    • August 2020
    • July 2020
    • June 2020
    • May 2020
    • April 2020
    • March 2020
    • February 2020
    • January 2020
    • December 2019
    • November 2019
    • October 2019
    • September 2019
    • August 2019
    • July 2019
    • June 2019
    • May 2019
    • April 2019
    • March 2019
    • February 2019
    • January 2019
    • December 2018
    • November 2018
    • October 2018
    • September 2018
    • August 2018
    • July 2018
    • June 2018
    • May 2018
    • April 2018
    • March 2018
    • February 2018
    • Welcome

“Dad, You’re Stressing Me Out” FIRE! (Part II)

July 1, 2019 By E.J. Smith - Your Survival Guy

By wavebreakmedia @ Shutterstock.com

Living a lifestyle where you spend 50% less than your “normal” spending doesn’t sound like much fun. But that’s exactly what many members of the FIRE movement are doing. FIRE standing for Financial Independence, Retire Early.

I’ve been studying this movement big-time, because there’s a lot for you and me to learn by understanding what others are doing. This is not some hypothetical model of how you’ll live your life off your investments. This is real. It’s a lifestyle.

When I brought up living a FIRE-centered life to my daughter she said, “Dad please stop with the FIRE, you’re stressing me out.”

“Don’t you want to hear about the Savings Sherpa?” I asked.

The Savings Sherpa, for example, on an Air Force officer’s salary of just over $100k (these are not deadbeats) or $90k after-tax, went on a 12-day vacation to Hawaii on a $725 budget. How is that possible? With creativity.

When he travels, he uses his lounge memberships and often arrives the night before his flight, eats dinner for free, sleeps comfortably in his sleeping bag on his feather soft foam pad, has breakfast for free, and makes his flight in the morning.

He travels with food containers and saves what he doesn’t eat to have later or bring home to his girlfriend who loves their lifestyle. It actually sounds fun and becomes like a game once you start reading these stories.

Now this may not be everyone’s cup of tea, but what I’ve said from the very beginning when studying this FIRE movement is that, we can all certainly learn from what they are doing.

It’s romantic. It’s the frontier of discovering what you need in your life. And there’s thousands of examples of FIRE lifestyles. Stay tuned.

Follow along with my entire series on FIRE here.

The following two tabs change content below.
  • Bio
  • Latest Posts
My Twitter profileMy Facebook profileMy Instagram profile

E.J. Smith - Your Survival Guy

E.J. Smith is Founder of YourSurvivalGuy.com, Managing Director at Richard C. Young & Co., Ltd., a Managing Editor of Richardcyoung.com, and Editor-in-Chief of Youngresearch.com. His focus at all times is on preparing clients and readers for “Times Like These.” E.J. graduated from Babson College in Wellesley, Massachusetts, with a B.S. in finance and investments. In 1995, E.J. began his investment career at Fidelity Investments in Boston before joining Richard C. Young & Co., Ltd. in 1998. E.J. has trained at Sig Sauer Academy in Epping, NH. His first drum set was a 5-piece Slingerland with Zilldjians. He grew-up worshiping Neil Peart (RIP) of the band Rush, and loves the song Tom Sawyer—the name of his family’s boat, a Grady-White Canyon 306. He grew up in Mattapoisett, MA, an idyllic small town on the water near Cape Cod. He spends time in Newport, RI and Bartlett, NH—both as far away from Wall Street as one could mentally get. The Newport office is on a quiet, tree lined street not far from the harbor and the log cabin in Bartlett, NH, the “Live Free or Die” state, sits on the edge of the White Mountain National Forest. He enjoys spending time in Key West and Paris. Please get in touch with E.J. at ejsmith@yoursurvivalguy.com
My Twitter profileMy Facebook profileMy Instagram profile

Latest posts by E.J. Smith - Your Survival Guy (see all)

  • Are $2,000 Checks Going to Rebuild NYC? - January 15, 2021
  • The Fed is Sacrificing Retirees to Save the Banks - January 15, 2021
  • How Are You Doing on a Local Level? - January 14, 2021
  • February RAGE Gauge: Americans Focusing on What’s In Front of Them - January 14, 2021
  • There’s Always a Way Forward for Americans Like YOU - January 13, 2021

If you enjoyed this post, email it to a friend:

  • Email
  • Print
  • Facebook
  • LinkedIn
  • Twitter
  • WhatsApp

Related Posts

Trending

  • H2O, Skiing, Hiding A$$ET$, Bitcoin, Ammo & More
  • What Living in Two Americas Looks Like Today
  • America 2022: Time to Take Back What's Ours
  • There's Always a Way Forward for Americans Like YOU
  • Why Buying Bonds Matters in Times Like These
  • Great Reset, Swiss Way, and Living YOUR WAY
  • Be Prepared for Another Great Lockdown, Recession, or Reset
  • Stocks: Are You Sticking Your Neck Out Too Far?
  • How Are You Doing on a Local Level?
  • February RAGE Gauge: Americans Focusing on What's In Front of Them

YOUR SURVIVAL GUY MUST READS

  • Sidney Powell: We’re Fighting the Entire Globalist Elite Power Structure
  • Navy SEAL Hell Week: “You Come SEE ME FIRST and We’ll ALL Get Through This TOGETHER”
  • Is Your Cash Safe? Probably not This Safe
  • Buying Time When You Need to Flee
  • Why Vanguard is too Big: Part II
  • Presidential Debate #2: What if It Wasn’t Cancelled?
  • Lumber Prices Soar
  • You may Find this Video About COVID “Science” VERY Interesting…I Did
  • Market Down 900 Points and Here’s what YOU Told Me
  • Victoria Spartz Upsets Democrats’ Biggest Hope for a Flip
Only if You’re Serious
Only if You’re Serious
Only if You’re Serious
Escape the City
Only if You’re Serious
Why Vanguard is Too Big for YOU
See Who's Missing the Boat
You Invest, They Win
Emergency Water Storage
Emergency Water Storage
Emergency Water Storage
Why Fidelity is Number One

Copyright © 2021 | Terms & Conditions

loading Cancel
Post was not sent - check your email addresses!
Email check failed, please try again
Sorry, your blog cannot share posts by email.