Aussie Firebug

Ask Firebug Fridays - 11


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www.aussiefirebug.com/aff/Question (5:37)Hi Aussie Firebug,Big fan of the podcast and blog. You're my favourite finance personality and I love following along each month and watching you get closer and closer to FIRE.Congratulations on selling your house! What do you plan to do with the funds now? Invest all at once or dollar cost average into the market?Thanks,RickQuestion (13:37)Hi Aussie Firebug,I just had a few quick questions:1) What is your FIRE goal/At what age are you hoping to retire, with what sort of income?2) How much do you currently work (at your 9-5) and are you planning to progressively cut back on work or straight retire?3) What is/was your salary at your 9-5?4) With the potential of a stock market/real estate crash, do you feel you will have to work a 9-5 during these tougher economic times?Once again, thank you so much for your generosity and sharing.Keep fighting the good fight.Take Care,TomQuestion (18:35)Hey Mate,I've been following your blog / Vlog / presence for 12 months now. I'm almost 23 and closer towards the start of my Journey (compared to yourself) however I'm a good saver and very frugal.I'd love to see you talk about a few things in particular.1. Your HECS Debt and what you did with it. (I'm in an industry that is performance-based and when I have a well performing month you really begin to feel the drag of a HECS debt). Would you suggest paying it off if you have sufficient funds to do so or let it run its course?2. Chasing the FHOG. If I was going to bother with it I'd wanna do regional as its 20k vs 10k. However, I don't really want to live in the property for 12 months. Moreover, the tradeoff in building in a regional area VS the appreciation had in an area maybe closer to Melbourne.I'd love to hear a little more about what you did towards the start of your Journey and any other obstacles you had to overcome etc.Regards,Jordan
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