At a glance, credit cards might seem at odds with Financial Independence. After all, credit cards accrue “bad” debt, which many people consider anathema to FIRE goals. Even so, for those who manage their budgets well, credit cards can play a role in a frugal lifestyle. And while Dave Gow doesn’t have experience in this realm, Hayden does!

Join the duo this session as they explore credit card hacking – the art of maximising points, cashback, travel perks, and other rewards. The goal of credit card hacking is to get “free money” from signup bonuses or rewards from your everyday spending. And while it’s not for every risk appetite, it can align with some FI outlooks.

Tune in to find out how your credit cards could work for you!

FI Case Study Request Form

Pearler

Strong Money Australia

Original Aussie FIRE e-book

Strong Money Australia’s audiobook

Disclaimer

Any advice is general and does not consider your financial situation needs, or objectives, so consider whether it’s appropriate for you. You should also consider seeking professional advice before making any financial decision.

Pearler is an Authorised Representative #1281540 of Sanlam Private Wealth Pty Ltd AFSL #337927. Read the FSG available from https://pearler.com/financial-services-guide

If you are considering any of the products we spoke about during the show, be sure to read the Product Disclosure Statement & Target Market Determination available from the product issuer’s website before deciding.

Hosted on Acast. See acast.com/privacy for more information.

Much like the Chupacabra or Berkshire Hathaway’s founding story, Aussie FIRE’s FI case studies have become the stuff of legend. This time ‘round, Dave and Hayden answer a question from a listener which may well have crossed your mind:

“Do I have enough in savings, investments, and super to retire early?”

Of course, this person’s portfolio, income, and living circumstances are specific to them. Even so, by listening to Dave and Hayden crunch the numbers with this listener, you can form some ideas which can help shape your FIRE journey. The Frugal Fraternity (a nickname we’re trialling for them) also discuss a classic long-term investing topic: ETFs or managed funds?

FI Case Study Request Form

Pearler

Strong Money Australia

Original Aussie FIRE e-book

Strong Money Australia’s audiobook

Disclaimer

Any advice is general and does not consider your financial situation needs, or objectives, so consider whether it’s appropriate for you. You should also consider seeking professional advice before making any financial decision.

Pearler is an Authorised Representative #1281540 of Sanlam Private Wealth Pty Ltd AFSL #337927. Read the FSG available from https://pearler.com/financial-services-guide

If you are considering any of the products we spoke about during the show, be sure to read the Product Disclosure Statement & Target Market Determination available from the product issuer’s website before deciding.

Hosted on Acast. See acast.com/privacy for more information.

Both are often touted as effective vehicles for long-term investing. But for those working towards FIRE, there are some key differences to consider between ETFs and super. On one hand, super is purpose-built for retirement, and offers a number of unique potential tax benefits. On the other, ETFs are more liquid, and may better suit the “early” in “retire early”.

So, what’s the right balance? Should you focus on one, the other, or a mixture of both? Well, Dave and Hayden can’t tell you what to do. Even so, they can discuss a range of different hypotheticals that help you find YOUR most suitable outcome. Enjoy!

FI Case Study Request Form

Pearler

Strong Money Australia

Original Aussie FIRE e-book

Strong Money Australia’s audiobook

Disclaimer

Any advice is general and does not consider your financial situation needs, or objectives, so consider whether it’s appropriate for you. You should also consider seeking professional advice before making any financial decision.

Pearler is an Authorised Representative #1281540 of Sanlam Private Wealth Pty Ltd AFSL #337927. Read the FSG available from https://pearler.com/financial-services-guide

If you are considering any of the products we spoke about during the show, be sure to read the Product Disclosure Statement & Target Market Determination available from the product issuer’s website before deciding.

Hosted on Acast. See acast.com/privacy for more information.