The New FIRE Movement That Includes Rentals

You’ve probably heard of the FIRE movement before (financial independence, retire early). It’s a strategy that combines frugal living, saving as much money as possible, and investing everything you can to retire early. The problem? Not many people we know want to “retire early” just to be stuck in a coupon-cutting life for decades.What if you could achieve financial freedom while still traveling, going out to eat, buying the things you want, and not optimizing every single cent in your life? That’s where Afford Anything’s Paula Pant comes in, with her new “FIIRE” movement. Paula tried the FIRE movement and accomplished the goal—ultimate time freedom. But, contrary to much FIRE advice, she built a small, powerful rental property portfolio, paid it off, reduced her risk, and now lives a wealthy life traveling the world, running her own business, and doing what she wants.Today, Paula shares her new FIIRE strategy for financial freedom, why rental properties (preferably paid off) should play a part in yours, and why penny-pinching and saving as much money as possible will not get you the lifestyle you actually want. Dave: There’s a new FIRE movement, and this time it includes real esta...