The Irish FIRE Podcast

Michael Houghton

Michael Houghton is originally from New Zealand and is now settled in Ireland. Join him as he shares his journey of chasing financial freedom in an Irish context.

All Episodes

In the final episode of the podcast, Michael gives his final thoughts on achieving FI in Ireland. He explains that given the structure of Irish tax system, we are forced to take a longer term approach to FI and realistically early retirement in Ireland is more likely to take place when one is in their 50's. Quotes from the episode: "The FIRE movement has been a great thing to get me thinking about my retirement, however I think there is a fine line between education and obsession." "The past always feels like it was yesterday and the future always feels so far away.  10 years ago wasn't so long ago, but 10 years time feels like its a lifetime away." "There are so many great things about the FIRE movement, but at the core it is about spending less than we earn." "Financial Independence can sometimes feel like your trying to dig yourself out of a hole." "FIRE is ultimately a time freedom movement, money is simply the tool to get us there." Show Notes: View my latest portfolio update here: Join the newsletter list and lets keep in touch:

Jul 28

10 min 42 sec

In this special two year anniversary episode, Michael interviews Andrew Driver.  Andrew has been investing for a number of years and is well on his way to FI. In the interview, we talk about Investment Trusts, which are a great way to get around the horrid Deemed Disposal tax that exists in Ireland.  Invest Trusts are taxed at 33% and dividends are taxed at your Income Tax Rate - so they are a tax efficient way to invest in Ireland. Disclaimer: This interview is not financial advise - please take opinions on the interview for education purposes only. Show Notes: Where to buy investment trusts: Come and Meet Andrew at the Next Limerick Meet up Group - Subscribe to the newsletter to stay in touch with regular monthly updates:

Jun 5

35 min 17 sec

In this episode, Michael discusses The Barista FIRE Approach - the concept of building a small portfolio and letting compounding grow the portfolio while not withdrawing from the portfolio until when you retire. Barista FIRE is a great approach to FIRE in Ireland, as its an extremely tax efficient way to approach early retirement, and still allows for an early retirement age of 55. Subscribe to the newsletter to stay in touch with regular monthly updates:

May 25

13 min 31 sec

In this episode, Michael discusses the options around what he invests in 2021 and provides an update on how his investments has changed over the last 3 years. He answers questions such as: - Do I still invest in Peer to Peer Lending? - What is the best way to save for my children's college fund? - What is the most tax efficient way to invest as a sole trader? - Why do I say that Cryptocurrency looks like a better investment than ETFs in Ireland? To keep up to date with Michael's journey, subscribe to the monthly newsletter at:

Apr 16

19 min 22 sec

In this episode, Michael answers a question from Sinead, who has recently sold up her property in Ireland and has moved to the Canaries. Michael works through the numbers, to see if it is possible for Sinead to be financially independent within 5 years. To keep up to date with Michael's journey, subscribe to the monthly newsletter at:

Mar 24

11 min 28 sec

In this episode, Michael interviews Sean and Sinead from The Irish Savers Action Group (ISAG) Interview.  They are on a mission to promote financial literacy and to push positive progressive changes in the Irish investment tax rates. You can learn more about ISAG at the following places: ISAG Website: ISAG Facebook Page: Join The Irish FIRE Monthly Newsletter at:

Feb 20

31 min 23 sec

In this episode, Michael explores an alternative way to becoming financially independent - by building passive income streams. Michael defines passive income as any income that isn't generated directly to your time (e.g. selling your time for money). Michael compares some recent passive income that he has started to generate for himself against a traditional FIRE portfolio, to show how passive income can play a vital part towards your FI journey. Show Notes: Things mentioned on the show: Wholesale Directory Website: Choose FI - Interview with Mad Fientist: To member a FIRE Podcast member for free (and subscribe to the newsletter), visit:

Jan 28

12 min 24 sec

In the first episode of 2021, Michael announces that the format of the show for 2021 will change slightly.  Michael will answer questions he gets on financial independence from listeners this year - typically answering two or three questions per episode. Michael gives a quick update on his own financial journey, before answering the following questions in this episode: 1. Should I set up a company to use as a vehicle for my investments? 2. Should I fear market crashes? 3. When it comes to calculating your FI number, how do I handle extra expenses in the future?  Does this just mean that FI is pushed out further down the track, or is there another way of dealing with this? Email me your FIRE questions to Show Notes: Take a look at the "Irish Savers Action Group" - who are actively talking to TDs to change and encourage tax incentives on savings and investments: Become an Irish FIRE Member at:

Jan 16

22 min 42 sec

In this episode, Michael discusses the strategies he has adopted to reduce his tax bill.  He explains how he is able to reduce his actual effective personal tax rate to less than 9% living in Ireland (a high tax country). He also gives an update on his investment portfolio as at December 2020. Show Notes: Become an Irish FIRE Member at:  

Dec 2020

12 min 56 sec

Michael interviews Dave G, a co-host of the Limerick FI meet up group. Dave is based in Newcastle West, in Co. Limerick.  Dave is originally from the UK and is a PAYE earner.  He has a unique FIRE journey is looking to become FI through real estate investing. During the interview, we talk mindset, investing and how Dave keeps motivated on this FIRE journey. Show Notes: Check out Dave's website at: Dave and I both took part in the FIRE HQ event: Limerick FI Meet Up Group Be sure to visit:

Nov 2020

41 min 8 sec

In this episode, Michael mentions how his family embraced frugality and how they were able to reduce their expenses by a significant amount. He gives specific examples and leaves the episode with a challenge for you to take with you on how you can start embracing frugality. Show Notes: Buy a ticket for Fire HQ - Pete Adeney (Mr. Money Mustache) - Full Talk at WDS 2016 Become an Irish FIRE Podcast member at:

Oct 2020

17 min 8 sec

In this episode, Michael discusses the sacrifices one needs to make when pursuing financial independence.  He relates it back to his own decision and mentions why he realised that his time freedom movement was taking him away from his ultimate goal of becoming FI. Show Notes Fire HQ - Online FIRE Event: Mad Fientist - FI Laboratory Savings Calculator Become an Irish FIRE Podcast member at:

Sep 2020

13 min 58 sec

In this episode, Michael talks with Ken, who runs the blog "The Humble Penny". Ken is based in the UK and become financially independence at aged 34.  Topics covered in the interview include: 1. How Ken and his family were able to become financially independence within 10 years, through investments, multiple cashflow streams and businesses. 2. How can you use two hours per day to create a dream life. 3. How do you keep your get up and go and learn from your mistakes? 4. How do you deal with fame and finding the courage to put yourself out there? 5. Is your house an asset?  Should you pay off your mortgage, or invest? Show Notes The Humble Penny - Ken's Youtube Channel - Gathering Dreams - Financial Joy Academy - Become an Irish FIRE Podcast member at:

Aug 2020

45 min 57 sec

In this episode, Michael provides specific details about how he was able to put a deal together to use equity from his home to purchase an investment property in Ireland. Show Notes: The Mortgage Broker: Hugh Mulcahy -   Become an Irish FIRE Podcast member at:

Aug 2020

15 min 12 sec

In this episode, Michael talks with Gavin J Gallagher about property.  Gavin owns and operates the East Point Business Park in Dublin, but has also worked on hundreds of property deals over the last 25 years. Quotes from the Episode: "If you go into it blind, you can lose your shirt in this [property] business"... "I wouldn't rush into this with your eyes closed." "Be the Dealmaker." "This [property] is a team business." "The first deal is the best you will do, because of the tight learning curve." Show Notes: Gavin's Website: Gavin's Podcast (Behind the Facade):   Become an Irish FIRE Podcast member at:

Jul 2020

48 min 30 sec

In this episode, Michael shares his recent experiences (in story telling format) of some of his failed investments and ventures and the outcomes and downsides from dealing with the consequences. He explains how he over-engineered financial independence and how while he initially freed up time by working part time, that free time was quickly taken away by over committing to too many ventures. The episode provides some good advise - hopefully you can learn from his mistakes!

Jul 2020

8 min 14 sec

In this episode, Michael reflects on how financial independence ties into success and how wealth is only 25% of deemed success. Michael discusses why one needs to target all four pillars of success to find true happiness and reflects on his own story about how he is applying the four pillars. Show Notes: For more information about the Love Trees Co-Op: Become an Irish FIRE Podcast member at:

Jun 2020

12 min 36 sec

In this special first anniversary episode, Michael talks with Alan Donegan, a 41 year old entrepreneur from the UK, who became financially independent 18 months ago. Alan runs the Pop Up Business School and has helped teach thousands of people how to get started in the business world. This is a raw, honest interview with Alan, where he explains how he was able to become financially independent and what life is like for him now. Show Notes: Tony Robbins - Notes from a Friend: JL Collins - A Simple Path of Wealth Quit like a Millionaire Alan's Blog Pop up Business School Listen to more of Alan's podcast - The Rebel Entrepreneur Podcast Become an Irish FIRE Podcast member at:

Jun 2020

38 min 2 sec

In this episode, Michael reveals his realisations of 2020 and the changes he has made in response to learning from COVID 19. Apologies again for the sound quality on this episode, will have it fixed for the next episode. Show Notes: Open an account with Coinbase and get a €9 bonus: Latest Update on Forestry Crowd: Mortgage Broker - Get in touch with Hugh First Choice Financial Services To become a Irish FIRE Member:

May 2020

17 min 59 sec

In this episode, Michael talks with Andy Edstrom, who is an expert on everything Bitcoin.  He is a been a financial adviser for 7 years and was working in investors before then. We talk: - What its like to work on wall street. - Wolfe of Wall Street! - How a financial adviser turned to Bitcoin! - The advantages that Bitcoin has over other asset classes. - How Bitcoin can be a real life currency. - Why invest in Bitcoin Apologies for the sound quality of Michael's microphone in this episode! Show Notes Ray Delio - How the Economic Machine Works Square Cash App Buy Andrew's Book: Swan Bitcoin Get in Touch with Andy: Twitter: Website:

May 2020

38 min 29 sec

In this episode, Michael talks with former Irish Rugby International Jamie Heaslip.  Jamie provides insights into what hes doing after rugby, but we also talk about the processing of success when playing rugby. Jamie talks about how he manages his investments, knowing that his rugby career was going to finish in his 30s. He talks about how he looks to create wealth, through investing in assets We talk about how Jamie is dealing with the COVID 19 crisis, based on how he dealt with the highs and lows on the rugby field. We talk about the process of beating the All Blacks in 2016 - and how the Irish were able to work backwards to work out a plan to beat the All Blacks. We talk about what success means to Jamie and how he goes about the process of achieving success. We talk about his involvement with Flender and how he sees the future of the P2P Industry in Ireland and the future of Flender. Quotes from the episode: "To create financial wealth, you need to own something" "Don't stick your head in the sand.... address things straight on." "Hard work beats talent a lot of the times" "People are very quick to pass over wins.... you need to get comfortable not being able to control everything" Follow Jamie on social media: Sign up to Flender & Get behind Irish Business:

Apr 2020

40 min 8 sec

In this episode Michael talks about how he is investing during a downturn. He talks about some of the mistakes he has made and how he is looking to invest going forward. He also gives an update on what happens in Grupeer and how he is thinking about managing his P2P portfolio moving forward. Show Notes FIRE Dating: Irish P2P Platforms: Flender JL Collins - A Simple Path to Wealth

Apr 2020

18 min 3 sec

In this episode, Michael looks into the history of money and how the economy works. Mentions in the episode: - Coming off the gold standard - Fractional banking system - Understanding why central banks are printing money - Understanding that most of the money in our society is actually debt, not physical cash. He talks about how he is trying to leverage debt and is actively looking for new deals to generate income by leveraging debt, particularly with his new venture Forestry Crowd. Show Notes: How the Economic Machine Works - Ray Dalio The History of Money: Interested in learning about Forestry Crowd, visit:

Mar 2020

14 min 28 sec

In this episode, Michael gives an update on life in Ireland since the Coronavirus outbreak. He mentions how he is taking new opportunities with the change of market conditions and what changes he has made since the Coronavirus. Michael talks about his edge that has allowed him to work 12 hours per week - he mentions that people who are on an FI journey typically find an edge that allows them either to make extra money or give themselves extra time (or both). He reveals his own edge and how he was able to adapt to make more money from his edge. Finally, Michael reveals a final thought on the current market crash and why it isn't always as easy to buy when there are so many great bargains out there! Become a FIRE podcast member for free at:

Mar 2020

11 min 14 sec

In this episode, Michael chats with Alvar Damon, who provides a follow up interview (Alvar originally appeared on episode 36). Alvar lists some of the active investing and money saving tips, and also discusses how he manages time and energy. Show Notes: Episode Sponsor - Mintos. Cash back bonus: Become a member (free registration)

Mar 2020

25 min 31 sec

In this episode, Michael talks about how he might just be a bad investor! In the last two years, he has been involved in so many investment scams, that he is now looking at ways to change direction when it comes to investing. He talks about his own definition of what financial independence is for him and announces his new investment plan going forward - as well as a new business he is establishing. Show Notes Link to Forestry Crowd - Episode Sponsor - Mintos. Cash back bonus: Become a member (free registration)

Feb 2020

14 min 37 sec

In this episode, Michael shares the story of the Envestio scam, which he unfortunately got caught up in. He also shares some feedback from the last episode, and gives his advise on how best one should plan their investment portfolio, based on his experience with Envestio. Show Notes Episode Sponsor - Mintos. Cash back bonus: Become a member (free registration)

Feb 2020

13 min 6 sec

In this episode, Michael shares the story of the day he lost €6,000, caused from being over leveraged in his trading account. The story details how he reacts to some huge mistakes he made when trading the markets and the lessons that he learned from losing such a large amount of money in a short space of time. Show Notes Episode sponsor: Property Bridges - Become an Irish FIRE Podcast Member at -

Jan 2020

14 min 51 sec

In this episode, Michael explores the energy that one puts into various tasks - from work, personal projects, investing and life in general. He noticed that while he had cut down his working hours to as little as possible, he still found himself without enough time. Michael then came to the realisation that it wasn't time he was lacking - but energy. Michael discusses the concept of how one needs to manage their energy as well as their time - as there is only so much energy we have in one day. Michael also gives an update on how life has been going since moving down to semi retirement hours and his goal for 2020. Show Notes Episode Sponsor - Mintos. Cash back bonus: Become a member (free registration)

Jan 2020

12 min 37 sec

Michael makes a big announcement in this episode. Michael has made the decision to start living in a "semi-retired" status. He talks about how the story of "The Mexican Fisherman" inspired him to work towards reducing his working hours as much as possible. Michael talks about how a couple of his projects which he has been working on are now at a stage where he can step into them more and as a result, is able to cut back on his web development hours and effectively has become semi retired as a result - working around 10 hours per week. Quotes from the Episode: "Forever has to start one day. We are so prone to look so far into the distance, we forget we need to make the leap at some point into retirement." "The FIRE Movement is more of a time independence movement." Show Notes: The Mexican Fisherman on the Informed Decisions Podcast: Recent article about Michael developing hockey clubs in Munster: Episode Sponsor - Mintos. Cash back bonus: Become a member (free registration)

Nov 2019

12 min 27 sec

In this episode, Michael explores what can happen when you start to take opportunities, and the long term impact that that has when you start to take opportunities.  He gives examples from his own hockey coaching business, as well as other examples. Quotes from the episode: “Probably some of the best things that have ever happened to you in life, happened because you said yes to something. Otherwise things just sort of stay the same.” ― Danny Wallace, Yes Man “The only time you have no opportunities is when you decide to stop taking them.” ― Danny Wallace, Yes Man   Episode Sponsor: Property Bridges.  Sign up using the following link: Become a member:

Nov 2019

10 min 13 sec

In this episode, Michael lists the common errors he sees when it comes to starting a business.  He lists some of the common errors, and then gives his advise on how to start a business quickly and more effectively. He gives his own examples of how he has been able to start projects quickly. Show Notes Episode Sponsor - Mintos. Cash back bonus: Become a member (free registration)

Nov 2019

11 min 37 sec

In this episode, Michael talks with Robert White. Robert is in his 30's and he and his wife Emma became financially independence in 2015. Robert is from Romania originally, but worked in Germany for a few years on his path to FI. In the interview, we talk about how Robert & Emma were able to become financially independent, we talk about how he was able to start side hustles and earn extra income. Robert gives away his secret to how he was able to launch so many side businesses so quickly. We talk in the interview about what Robert is doing now - and how life is different to him now since he became financially independent. Show Notes: Money Club - Free event on the 12th of November: Robert White Facebook Page: Contact Robert at: Checkout FIRE Hub: Facebook page: Facebook Group: Become an Irish FIRE Podcast Member at:

Nov 2019

41 min 53 sec

In this episode Michael looks at some of the lessons that Robert Kiyosaki teaches and compares them against the FI movement. For example, Robert says: "Saving is for losers." "The sharemarket is nothing but a ponzi scheme." "Debt is good if its good debt." Michael explores this against what others in the FI community say, and then gives his own story about what he is trying to do based on Robert Kiyosaki's advise. Show Notes: Money Club - Free event on the 12th of November: Money Mindset event: Link to purchase Rich Dad Poor Dad: Link to updated portfolio: Episode Sponsor - Mintos. Cash back bonus: Become a member (free registration)

Nov 2019

13 min 27 sec

In this episode, Michael talks with Meagan from Mrs Money Hacker.  Meagan covers loads of great information, including: - Her own background and how she is potentially 5 years away from FI. - How her family is dealing with FI with a new baby and how she is reducing her expenses with a family. - The environment and FI.  How Meagan tries to reduce her carbon footprint while saving money! - Being an employee VS being a contractor - and the advantages and disadvantages of both. Show Notes: Meagan's Blog: Cork FI Meet up: Quit like a Millionaire Book: Episode Sponsor - Mintos. Cash back bonus: Events:

Oct 2019

35 min 48 sec

In this episode, Michael provides feedback from what he learnt at the Madrid FIRE 2019 conference. Quotes from the episode: "Financial Independence isn't about money. Money is a tool to give you freedom with your time." "Financial Independence is about spending all your money!" "The best thing I can be doing for my kids, is not leaving them my money... but teaching them how to become financially independent." Show Notes: Money Mindset Webinar: Episode Sponsor - Mintos. Cash back bonus:

Oct 2019

15 min 45 sec

In this episode, Michael talks to Alvar Damen. Alvar is a co host of the Financial Independence Europe podcast, is 26 years old and originally from The Netherlands, currently living in Scotland. Alvar talks about how he is trying to archive FI as an employee. He talks about some travel hacks that he has and touches on how important side projects are for him. He gives some examples of various side hustles that one could start. He also talks about his FI number and the types of investments he has and how him and his girlfriend work together on their FI journey. Show Notes: Mad Fientist Spreadhsheet: MMM - Spreadsheet to rule them all: Getting in touch with Alvar at FI Europe Podcast: Website: Facebook Page: Facebook Group: Twitter: Instagram: Events:

Oct 2019

30 min 31 sec

In this episode, Michael lists the three potential paths to financial independence in Ireland. He explores a new path which he hasn't considered before, after talking to a person at the Limerick FI Meet Up who had recently retired by pursuing this method. Show Notes The Money Mindset November Webinar: Limerick FI Ireland Meet Up Group:

Oct 2019

12 min 31 sec

In this episode, Michael talks with David Jelly from Property Bridges. David founded Property Bridges in 2018 and has seen it grow to over 2,000 investors. David shares his knowledge of the peer to peer lending space - both in Ireland and within Europe. David also shares about an exciting development that Property Bridges is working on - which will allow Irish investors to invest in Property Bridges through a pension! Show Notes: Link to Property Bridges: Social Media Accounts: Link to the Money Mindset Webinar Event:

Oct 2019

23 min

In this episode, Michael explores the idea that happiness and financial independence is a trade off. He challenges the listener to start living their life as if they were retired, and to start doing the things that they want to do now - rather than waiting until retirement. Show Notes: Mad Fientist Article: Events: To book in for the Pension Aware event, visit:

Oct 2019

14 min 1 sec

In this episode, Michael explores a concept known as cruise FI - where you focus your energy on building a large pension pot which you can then access in retirement. Once you have that retirement saving, you can then relax, knowing that you have the large pension available. Michael crunches the numbers when it comes to putting €500 per month into a pension from the age of 30. He also gives a summary of how he plans to cruise his way to FI through using a pension. Show notes: To view free events that you can attend visit:

Oct 2019

17 min 17 sec

In this episode Michael lists the 7 steps that he followed when he started pursuing financial independence. Michael tackles the "how" to FI, and gives practical steps for you to get started on your own FI journey. Show Notes: Rich Dad Poor Dad: A Simple Path to Wealth: Money Master the Game: Come and join Michael at an event:

Oct 2019

13 min 50 sec

In this episode, Michael talks to Aoife Gaffney, AKA Prudence Money Penny. Aoife is a Certified Behavioural Money Coach (CMC), Accredited Business All Stars Thought Leader, professional speaker and writer and former financial adviser. Michael interviews Aoife about a person's relationship with money, how you can improve your view point with money and just share general tips and advise when it comes to managing money! Quotes from the episode: "The different between an opinion and a pizza, is you opt for a pizza." "A bargain is only a bargain if you needed the thing in the first place and you had planned to pay full price for it." "The word budget doesn't sit right with me.... we call it a personal spending plan." "Make spending decisions based on a plan, not whats in your bank balance." "I see money as a friend... if you only spoke to them once a year, they're not going to hang around... " Show Notes: Cork Financial Independence Meet Up Group: Link to Aoife's books on Amazon: Email Aiofe:  For events and webinars visit:

Sep 2019

31 min 51 sec

In this episode, Michael explores the different tax rules around investments in Ireland and explain why he invests in certain assets based on the tax rates. He explains that tax rates are all about incentives and explores the good and bad investments based on tax rates. He highlights three investment tools that are tax efficient - pensions, capital gains tax and corporate tax - and explores options around each of these. Show Notes For events and webinars visit:

Sep 2019

15 min 2 sec

In this episode, Michael explores the idea of building potential income streams, in the hope that if one of them takes off, the upside payoff will give unlimited potential. He talks about why he made the decision to work part time - in the hope of using more of his time to work on various projects which might have a bigger upside in the long run. Michael mentions how financial Independence isn't just a financial journey, its a personal discovery journey! He talks about how to leverage other people's time and focus on taking baby steps to shift your focus from a single income steam, to multiple income steams. Show Notes For events and webinars visit:

Sep 2019

11 min 30 sec

In this episode, Michael shares how he uses credit cards to manage his daily cash flow. He gives a history of how he found himself in €30,000 in credit card debt 12 years ago and what he learned from that experience. Today, Michael uses two credit cards to pay for his day to day expenses.  He discusses how this strategy can be useful to improve cash flow and decrease bank charges. Show Notes Peer to Peer Lending Webinar:

Sep 2019

9 min 57 sec

In this episode, Michael shares some of his knowledge on the FOREX trading industry.  He looks at various options around active and passive FOREX trading.  Active trading is where you are in control over the trades that you carry out.  Passive trading is where another trader trades on your behalf.  Once the account is set up, the trading is fully passive. Michael is running free live webinar's each month, covering both active and passive (copy trading) FOREX trading.  To view the events and register, visit: Show Notes: To find out more about Bizintra visit and receive a call back with more information on how their free trading education works, visit:

Sep 2019

15 min 54 sec

In this episode, Michael talks to Ralph Benson from Moneycube. Ralph is on a mission to add more transparency to pensions and investment products. Pensions are a fantastic way to invest in an extremely tax efficient manner.  For many in Ireland, especially those who are PAYE earners, a Pension is the most tax efficient route to invest. Ralph is looking to make pensions "cool again".  He is going out on the road as part of the "Pensions Awareness Week".  He is hosting various free events where you can learn more about how you can utilise a pension as part of your financial freedom journey.  I am speaking at the event in Cork on the 24th and the Limerick event on the 25th of September. Show notes: Pensions Awareness week website: Pension Events: Evening Events: 24 September - Cork - 25 September - Limerick - 26 September - Dublin - Morning Events: 24 September - Cork - 25 September - Limerick - Ralph can be contacted at and For other events and webinars visit:

Sep 2019

34 min 10 sec

In this episode, Michael tackles the question of should you focus of paying debt (or your mortgage) quicker by making extra repayments, or should you invest. He looks at different options, such as: - Clearing off high interest debt. - Invest in cash producing assets. Once the cash flow from the investments pays for your mortgage, you will be effectively mortgage free. - Start making extra repayments on your debt and track it as an investment. Effectively borrow against your investment portfolio, with a promise to pay it back, plus interest. Show notes: Meet up Groups coming up: 12th September - Dublin meet up group: 18th September - Limerick meet up group:

Sep 2019

15 min 27 sec

In this episode, Michael talks with Guy Davis. Guy is a long time friend who Michael meet back to 2004. Guy started his financial Independence journey when he was 18 (he is in his mid 30's now.) What makes his story special, is that he began investing before the 2008 financial crisis, so has survived a recession and came out the other side better for it. Guy has always had this amazing ability to put time and freedom ahead of material possessions. This hasn't stopped his doing what he loves (such as traveling), but at this same time he has this vision to life his life in a relaxed, low cost life style. Guy is originally from Brisbane in Australia, but is currently living in Auckland, New Zealand, and has two kids aged 7 and 4. We touch on his financial education approach with his kids during the interview. Quotes from the episode: "When there is blood on the streets, that's when you need to be buying stocks." "If it is truly going to be the end of the financial system, the money in the bank is probably no good to you... so you may as well put it in equities as there is a very good chance your close to a bottom." "Financial Independence is delaying the short term gratification, knowing that your going to get a better pay off down the track."

Sep 2019

42 min 17 sec