Mr. Money Mustache Wonders... "Is the FIRE Movement Dead?" | MHFI 308
Mile High FI Podcast
Ramit Sethi's critique: balance, not rejection
They summarize Ramit's point that extreme frugality can hurt happiness while applauding FIRE principles.
Doug chats with Pete Adeney, Mr. Money Mustache, about whether the FIRE Movement is dead, in response to a variety of online commentary claiming this statement as fact. Doug & Pete review and critique multiple perspectives, including notable names like Dave Ramsey and Morgan Housel while also addressing misconceptions, highlighting the value of Financial Independence, and acknowledge the movement’s evolution.
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Links
- Pete Adeney/Mr. Money Mustache
- Jared Dillian, “The FIRE Movement”
- Jarrad Morrow, “The FIRE Movement Won’t Work Like It Used To (Here’s Why)”
- Dave Ramsey, “Why the F.I.R.E. Movement Isn’t Sustainable”
- Ramit Sethi, “The Problem with the “FIRE” Movement”
- Mindy & Carl on Ramit Sethi’s “I Will Teach You To Be Rich”
- Brian Farrell, “What Happened To The FIRE Movement?”
- Morgan Housel, “Is the F.I.R.E. Movement Dead?”
- The Knowledge Project podcast, “Morgan Housel: Wealth is What You Have Minus What You Want”
- Gregory Galant, “Mark Cuban on the FIRE Movement: Financial Independence, Retire Early”
- MHFI Facebook group
- Doug’s site
- Check out Producer Chris’s blog: Epic Financial Journey
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**Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won’t even make such a claim. You shouldn’t take the info as financial, legal, or tax advice. We aren’t certified financial planners or advisors. We’re not qualified for much. So get advice from professionals.**
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Email the show: doug@milehighfi.com
0:00 Introduction
6:11 Jared Dillian, “The FIRE Movement”
23:16 Jarrad Morrow, “The FIRE Movement Won’t Work Like It Used To”
25:52 Dave Ramsey, “Why the F.I.R.E. Movement Isn’t Sustainable”
32:01 Ramit Sethi, “The Problem with the “FIRE” Movement”
38:06 Brian Farrell, “What Happened To The FIRE Movement?”
43:07 Morgan Housel, “Is the F.I.R.E. Movement Dead?”
50:40 Gregory Galant, “Mark Cuban on the FIRE Movement”
58:12 Soundcheck – Winter trips
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