Australian FI Weekly #55 – with FIRE Your Own Way

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Welcome to another #AusFIWeekly with handpicked Financial Independence links and events from Australia and abroad. I’m Michelle, a mid-30s semi-retiree sharing my FI journey at FrugalityandFreedom.com

Today, I welcome another guest curator from our local FI community to pick some favourite financial independence links. Say hello to Jordan from FIRE Your Own Way! Over to you…

Hi, I’m Jordan and a newbie blogger at FIRE Your Own Way. In my 20s, before I knew FIRE existed, I took a mini-retirement. It was amazing. Except that I was burning through my savings!

Then I discovered FIRE. It was an absolute light bulb moment. 

I love that FIRE brings the freedom of time. I love that it unlocks the freedom to travel, spend time with family and pursue your passions…all on your own schedule! And I love that there are so many different ways to get there.  

I started FIRE Your Own Way to explore all the different and unique paths to FIRE. Whatever your journey looks like, I’d love to hear about it!

fireyourownway.com
Instagram @fire.your.own.way
Twitter @FIREyourownway

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Australian Links

16 milestones to motivate you on your FIRE journey – FIRE Your Own Way
Many of you out there will know that the journey to FIRE is far from being an overnight one. Like any long journey, it helps to break it down into smaller goals. Discover 16 traditional and not-so-traditional milestones to aim for on your path to Financial Independence and early retirement. 

101 things on my early retirement bucket list – HisHerMoneyGuide
Have you thought about what you really want to do once you retire? It’s easy to get consumed in thinking about why you’re aiming for FIRE and how you’re going to get there. Even if retirement is a while off, it’s worth considering what goals you want to achieve once you’re there. Be inspired with this 101-item bucket list from HisHerMoneyGuide. 

FIRE and Kids – The cost of raising children in Australia – Aussie HIFIRE
Ever wondered how much it really costs to raise kids in Australia while aiming for FIRE? Aussie HIFIRE offers their perspective as a FIRE blogger with small children. The post has some great breakdowns of all kinds of different costs, from ongoing expenses to hidden opportunity costs. This is an interesting read whether you already have kids, are planning kids and even if you don’t see any children on your horizon (SINKs and DINKs can score some insights into what they’re not spending money on).

The one with matched betting – F.I.R.E Down Under
Looking for new ways to earn extra money on the side? Matched betting may (or may not) be your thing! I personally hadn’t heard too much about it until I read this post. It’s a great introduction into what matched betting is and how you can get involved in it in Australia. Plus if you’re a F.R.I.E.N.D.S fan, you can’t help but love the tributes to the classic TV show F.I.R.E Down Under puts into every post – what a bonus!

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International Links

Backyard Farming Your Way to FIRE – Think Save Retire (USA)
Turning your backyard (or front yard or courtyard) into an urban farm could save you thousands. Plus being a green thumb isn’t only good for your bank account. It’s also a more sustainable way to source your fruit, vegetables, eggs, chicken and whatever else you can grow or raise on your property. Think Save Retire gives some great stories of how others have mastered backyard farming. 

The Magical Wealth-Building Power of White Privilege – Financial Mechanic (USA)
Strap yourself in for a powerful opinion piece on financial privilege. This is one intelligent, thoughtful post about the sometimes-hidden advantages that different groups enjoy. Financial Mechanic uses an effective analogy throughout the article which makes understanding the concept of financial privilege simple. It’s thought provoking, timely and well worth a read.

Choose Your Own Adventure: The 5 Personas of FIRE – Prairie FIRE Canada
Which one of these personas are you? Are you a Mustachian who values simple frugal living and pure DIY? Are you a Land Baron who’s slowly and surely building a real estate empire? Or are you something else? This blog post from Prairie FIRE Canada is a fun way to reflect on your approach to FIRE. 

Going Back to Work After a Year Long Sabbatical – Hippie Finance (USA)
What happens when you take a year off work? If you’re the Hippie Finance blogger your net worth increases and you also land a pay raise. All while being in neck-deep in a global pandemic! Check out this blog post to find out how they did it.

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Thanks again to FIRE Your Own Way for curating this week’s edition. Follow Jordan’s journey over at fireyourownway.com

Want to be an #AusFIWeekly guest curator? Got other Australian blog posts to recommend? Get in touch.

Yours in pursuit of FI,
Michelle @ Frugality and Freedom

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