The Irish FIRE Podcast

The Irish FIRE Podcast

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The Irish FIRE Podcast episodes

  • The Mrs Smart Money Interview - Part 2

    In this episode, Michael continues his conversation with Kel, AKA Mrs Smart Money, who embarked on a "No Spend Year™" in 2019. She reduced her family's expenses by over €27,000, leading her to write a best-selling book, Mindful Money: More Money, More Freedom, More Happiness, became QFA qualified and became a money coach. Since her no spend year, she has harnessed her scientific background to create a powerful coaching formula to help others build the lives they deserve.

    In part 2, Kel shares details of what happened after her no spend year and how she was able to follow her passion to help more people take control of their finances.

    Show Notes

    Learn more about Kel at her website:

    https://www.mrssmartmoney.com

    Or you can catch up with her daily insights over on Instagram:

    https://www.instagram.com/mrssmartmoneyhq

    Or on Linked In:

    https://www.linkedin.com/in/kel-galavan-money-mindset-coach/
     
    Subscribe to The Irish Fire Podcast Newsletter:
    https://www.firepodcast.ie/newsletter    

    35 min
  • The Mrs Smart Money Interview - Part 1

    In this episode, Michael talks with Kel, AKA Mrs Smart Money, who embarked on a "No Spend Year™" in 2019. She reduced her family's expenses by over €27,000, leading her to write a best-selling book, Mindful Money: More Money, More Freedom, More Happiness, became QFA qualified and became a money coach. Since her no spend year, she has harnessed her scientific background to create a powerful coaching formula to help others build the lives they deserve.

    In part 1, Kel shares details of what led her to adopt the no spend year and how things played out as she embarked on this unconventional path.


    Show Notes

    Learn more about Kel at her website:
    https://www.mrssmartmoney.com

    Or you can catch up with her daily insights over on Instagram:

    https://www.instagram.com/mrssmartmoneyhq

    Subscribe to The Irish Fire Podcast Newsletter:
    https://www.firepodcast.ie/newsletter

    32 min
  • Good & Bad Money Spending Habits

    In this episode, Michael takes a close look at intentional money spending.  He explains how becoming good at spending money is a skill and gives examples of good and bad money spending habits.


    Show Notes

    Join the newsletter at:
    https://www.firepodcast.ie/newsletter

    16 min
  • Travel & FIRE, with Stephen

    In this episode, Michael talks to Stephen about travel and FIRE.  Stephen is originally from Ireland but has spent time in Canada as well as countries all over the world.  Stephen spent 6 and a half years back packing around the world, while saving for FIRE.  Stephen works in hospitality, picking up jobs as he travels, traveling on a budget and saving for FI at the same time.

    These days, Stephen is semi FI and he talks with Michael about how he built this lifestyle, how he will adapt with children, offers travel advise and how he defines his FIRE lifestyle.

    Show Notes:

    Follow Stephen at:

    https://www.youtube.com/@outoftheboxtraveler

    https://www.instagram.com/outoftheboxtraveler


    JL Collins new book:
    https://www.amazon.co.uk/Pathfinders-Extraordinary-Stories-Financial-Independence/dp/B0CKWFWF95/

    https://mrsmoneyhacker.com/

    Subscribe to the newsletter:

    https://www.firepodcast.ie/newsletter

    42 min
  • Property VS Stocks, With Andrew

     In this episode, Michael talks with Andrew, who was last on the podcast in 2021 talking about Investment Trusts.  This time, Michael and Andrew compared property VS stock.  Likely the most discussed topic on many FIRE groups, what is the better investment, property or stocks?

    Andrew looks at the pros and cons of each and makes a conclusion about the better investment.

    Disclaimer: Michael and Andrew are not professional investors and nothing in this episode should be considered financial advise.

    Show Notes:

    Andrew's previous podcast episode:

    https://www.firepodcast.ie/investment-trusts-with-andrew

    Join the newsletter:

    https://www.firepodcast.ie/newsletter

    27 min
  • I Don't Really Want to Retire Early - Interview with Tom - Part 2

    In this episode, Michael continues his conversation with Tom, a 26 year old pharmaceutical salesperson based in Wexford.


    In part two, we cover:

    - Tom discussed the power of the flexible work place and reasons not to worry about retiring early if you love your job.
    - Why the real journey from FIRE is to build a life you around work, rather than trying to escape from work.
    - Why the RE of FIRE is really just about leaving the 9-5 grind, more so than retiring in the traditional sense.
    - Michael compares his life from 2017 to today - to highlight how FIRE has changed his life.
    - Tom discusses how he plans to adjust his life for potentially having a family one day.
    - Tom discusses his financial education and how he discovered the FIRE movement.
    - Tom discusses property and why he likes investing in property
    - Tom and Michael give their opinion on cryptocurrency
    - Tom and Michael discuss compound interest.

    Show Notes:

    If you missed part 1 of the interview, go back and have a listen:
    https://www.firepodcast.ie/the-gen-z-fire-blue-print

    Subscribe to the newsletter:
    https://www.firepodcast.ie/newsletter

    22 min
  • The Gen Z FIRE Blueprint - Interview with Tom - Part 1

    Tom, a 26 year old pharmaceutical salesperson based in Wexford, shares his FIRE story with Michael.  Tom was able to save €40,000 by the time he was 25 and purchase his first house aged 26.


    Tom's story is inspiring as he managed to avoid so many of the common financial pitfall's from such a young age.  His story shows what it possible when making sound financial decisions from a young age and is a blue print for anyone looking to pursue financial independence at any age.

    There will be more to come in part two of this interview.

    Show Notes:

    Follow Michael's process at:
    www.firepodcast.ie/newsletter

    22 min
  • The Money Flamingo Tribute

    In this episode, Michael pays tribute to the Money Flamingo website (https://www.moneyflamingo.com).  He mentions how Tina's work has been a huge motivator for him, especially since 2021 and explores how many attributes from the Money Flamingo website are starting to apply to his own FIRE journey.


    Show Notes:

    Link to the Money Flamingo Article:
    https://www.moneyflamingo.com/time-to-semi-retire/

    The Die with Zero Calculator:
    https://www.moneyflamingo.com/free-resources/

    The Money Flamingo Podcast Interview:
    https://www.firepodcast.ie/flamingo-fire-the-money-flamingo-interview

    Subscribe to The Irish FIRE Podcast Monthly email:
    https://www.firepodcast.ie/newsletter

    17 min
  • Your Questions Answered 2023

    In this episode, Michael answers a few questions that he has received over the last few weeks from podcast listeners.


    These questions include:
    - What are the best broker accounts in Ireland?
    - What are the top two things Michael recommends when pursuing FIRE?
    - What are some of my options around travel expenses when self employed?
    - Questions around refinancing property to buy an investment property.

    Show Notes:

    Investment Trusts with Andew:

    https://www.firepodcast.ie/investment-trusts-with-andrew-driver

    Legal Deductions when you own your own company episode:

    https://www.firepodcast.ie/legal-tax-deducations-when-you-own-a-company

    Revenue guidelines on travel expenses:
    https://www.revenue.ie/en/employing-people/employee-expenses/travel-and-subsistence/index.aspx

    Mortgages with Laura Mansbridge:
    https://www.firepodcast.ie/mortgages-with-laura-mansbridge

    Sign up at the newsletter:
    https://www.firepodcast.ie/newsletter

    16 min
  • How to Get Started in Buying Investment Property

    In this episode, Michael discusses the basic things that one needs to do to become a property investor.  He covers the ins and outs of looking for the right property to buy, to negotiating through the sales process.  The episode covers things such as the Rent Pressure Zone in Ireland, but is also suitable for listeners overseas.


    Show Notes:

    Episode with Ken:
    https://www.firepodcast.ie/talking-financial-independence-with-ken-from-the-humble-penny

    Previous Episodes on Property:
    https://www.firepodcast.ie/mortgages-with-laura-mansbridge
    https://www.firepodcast.ie/buying-an-investment-property-with-no-deposit
    https://www.firepodcast.ie/buying-property-in-2022
    https://www.firepodcast.ie/my-property-strategy
    https://www.firepodcast.ie/why-i-buy-property

    Rent Pressure Zone Calculator:
    https://www.rtb.ie/calculator/rpz

    Subscribe to the Newsletter:
    https://www.firepodcast.ie/newsletter

    16 min

About The Irish FIRE Podcast

From the publisher's feed

The Irish FIRE Podcast explores the journey to financial independence and early retirement from an Irish perspective. Hosted by Michael Houghton, the podcast covers practical strategies for saving,…

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