My name's Matt, I'm a country boy for regional Victoria who is on track to reach Financial Independence and Retire Early (FIRE) by my mid-thirties. I interview interesting people on topics relating to financial independence. You can learn more about the FIRE movement in Australia here https://www.aussiefirebug.com/start-here/

Today, my guest is fellow FIRE enthusiast/podcaster/blogger, Captain FI!He’s actually been on the podcast before but I had to take that episode down due to ASIC’s 2022 guidelines.Cap came and stayed at the Firebug household after attending the Rask event in my hometown. It was a lot of fun meeting and greeting others from the FIRE community and it was extra special to do so in my own backyard.This was very much an improv podcast and I didn’t have any set questions.We had a general chitchat about Captian Fi’s financial journey and other topics relating to FIRE.Some of the topics we cover in today’s episode are:<ul><li>Who is Captain FI? (00:02:36)</li><li>Investing a big lump sum into the share market (00:04:47)</li><li>Finding a financial planner (00:16:01)</li><li>Investing psychology (00:26:24)</li><li>Reaching financial independence (00:41:26)</li><li>Does your FI number include a paid-off house? (00:43:43)</li><li>Selling shares to pay your living expenses (00:45:46)</li><li>The psychology of spending (00:52:26)</li></ul><h1>Links</h1><ul><li>Website - <a href='https://captainfi.com/'>Captain FI</a></li></ul><a href='https://www.aussiefirebug.com/podcast/'>www.aussiefirebug.com/podcast</a>

Aussie Firebug

88. Captain FI - Financially free at 29

Today, my guest is none other than my accountant, Clayton!Clayton and I have talked about doing this podcast for a while. I pay him thousands of dollars each year to help with tax planning, structuring our investments and businesses and other strategic decisions that ultimately help me reach FIRE sooner.I thought it would be interesting to chat to him about what role an accountant can play when someone is trying to reach FIRE, and explore why certain decisions were recommended for our family in terms of tax advice and planning. Some of the topics we cover in today’s episode are:<ul><li>The difference between an accountant, a tax advisor and a financial planner (00:05:36)</li><li>The role an account can play in someone’s journey to financial independence? (00:09:08)</li><li>Common financial structures for people wanting to improve their situation (00:11:56)</li><li>Some of the advantages of a financial trust structure (00:14:13)</li><li>The difference between tax minimisation and tax evasion (00:16:52)</li><li>How can people get the most out of their accountant? (00:22:30)</li><li>Easy things you can do to help you at tax time (00:26:58)</li><li>How do you find a good accountant who'll work with you to build wealth? (00:34:33)</li><li>What are the main things to consider when starting a sole trader/freelancer business? (00:36:54)</li><li>How often does the ATO actually audit people? (00:49:10)</li></ul><h1>Links</h1><ul><li>Website - <a href='https://mcmillans.com.au/'>McMillans</a></li></ul><a href='https://www.aussiefirebug.com/podcast/'>www.aussiefirebug.com/podcast</a>

87. Clayton - My Accountant

<h1>FIRE/Life Update</h1> <a href='https://www.aussiefirebug.com/podcast/'>www.aussiefirebug.com/podcast</a>

86. FIRE/Life Update

Today my guest is Carl Jensen who is better known in the FIRE community as Mr. 1500.He’s a family guy living in Colorado with his wife and two young children and managed to retire at the ripe old age of 43. Some of the topics we cover in today’s episode are:<ul><li>The story behind the name &quot;Mr. 1500&quot; (00:02:06)</li><li>Investment philosophy and strategies (00:07:25)</li><li>Carl’s interest in Tesla and EVs in general (00:18:44)</li><li>Balancing frugality and fulfilment on the path to FI (00:23:49)</li><li>The biggest benefits of achieving FI (00:26:31)</li><li>How Carl handled the cultural challenges of pursuing early retirement (00:39:04)</li><li>What Carl wishes he knew when he started his journey to FI (01:09:58)</li></ul><h1>Links</h1><ul><li>Website - <a href='https://www.1500days.com/'>1500 Days to Freedom</a></li></ul><a href='https://www.aussiefirebug.com/podcast/'>www.aussiefirebug.com/podcast</a>

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