What we’re about
Update 4/12/24
Hit me up if you have ideas, comments, questions, requests.
~ Mike Phillips
@folkefire
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Are you pursuing the radical path of financial independence and early retirement (FIRE)? This is a big tent party - spanning SlowFI to FatFI and all iterations in between. Let's get together to discuss our philosophy of money and LIVING LIFE. Whether you're already financially independent, on your way, or curious about how to get started, we'd love to have you.
Our main rules are
> 1. be nice and encourage genuine conversation,
> 2. don't lecture or take up too much space,
> 3. have empathy and sensitivity for our different stations and/or journey.
ADDITIONAL RESOURCES via Mike P
Resource 1 – Explore Shockingly Simple Math
One of the realizations that transformed my own perception of retirement savings was thinking about savings as a percentage of income versus a specific dollar amount. This blog (and thought leader) helps to explain the importance in doing so: https://www.mrmoneymustache.com/…/the-shockingly…/
Resource 2 – Actively Choose Financial Independence
I began to observe and incorporate relevant ideas from the ChooseFi podcast community. The hosts are younger adults that retired in approx. 10 years. I highly recommend listening to at least the first five episodes on the following list: https://www.choosefi.com/essential-listening-guide-2/
Note: The episode with JL Collins is especially interesting to me – he’s my favorite thought leader in the community.
Resource 3 – Learn As Much As Possible
In addition to the links and podcasts provided on this page, I bolstered these themes with popular and relevant books on the subject – for free. I created a free Audible account at audible.com. (You can also download the Libby app from the app store and borrow most of these for free from your local public library.) Check out: The Simple Path to Wealth by JL Collins, I Will Teach You to Be Rich by Ramit Sethi, and The Millionaire Next Door by Thomas J. Stanley. If you’re still having fun with these, try Your Money or Your Life by Vicki Robin. These books offer the fundamental knowledge I didn’t learn in school (HS, Undergrad, Grad) to reach retirement goals.
Resource 4 - Crunch the Numbers
We're lucky enough to have BigErn as a regular guest presenter and member of our group. Check out his website for a wealth of information diving deep into the number-related nuance of FI.
Upcoming events (1)
See all- New Years - New Youse!Dick's Primal Burger, Portland, OR
It's nearing the end of the calendar year - let's do some sharing! Here's what I will do:
Count the number of people in the room, divide by 90 minutes, give each person an equal amount of time to share - stopping you when you've hit your time!
Conversation Topics
Year in Review:
- what you did well FIRE-related
- something FIRE-related you achieved
- what you could have done better, FIRE-related
- favorite FIRE-related learning of the year
- Any other FIRE-related reflectionsNext Year:
- what FIRE-related learning you'll take into the new year
- what FIRE-related goal do you have next year
- what do you want to say about your FIRE-journey a year from todayFavorite Seasonal Holiday Song
- Mine is Fairytale of New York