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Inspired by others already on the path, follow us as we pursue financial independence

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Author: Path to Fire

September Update

October 1, 2018September 29, 2018 / Path to Fire / 4 Comments

Another month down the road to financial independence! September was a huge month for us in a lot of ways. As mentioned in my last update, I received an after tax bonus of around $2000, which certainly went a long way this month. Unfortunately, we also had a lot of expenses pop up; car registration, … Continue reading September Update

August Update

September 1, 2018August 29, 2018 / Path to Fire / 11 Comments

Today's the day - our first progress update post! August has been a pretty good month for us financially. We had some unexpected veterinary expenses arise for our beloved dog. Luckily I was very quick to lodge both of our income tax returns in early July, which saw some nice refunds come through that bolstered … Continue reading August Update

A Note on Strategy

August 24, 2018August 24, 2018 / Path to Fire / 6 Comments

As I've delved deeper into the FIRE community, I've noticed two distinct trains of thought around how your portfolio should be structured. Colloquially distinguished as either the 'Bogle' strategy, named after Vanguard founder and former CEO, John Bogle, or the 'Thornhill' strategy, after Motivated Money's Peter Thornhill. Both men have seen great success in their … Continue reading A Note on Strategy

Where are we now?

July 27, 2018August 24, 2018 / Path to Fire / 11 Comments

In The Beginning. . . All stories have to start somewhere, and for us it isn't in a very good financial position. At the time of writing, our combined net worth is -$35,804.59, which includes: Liability Amount Car Loan  $   18,857.95 Debt Consolidation  $   18,576.74 Interest Free Cards  $   16,369.90 Total Debt  $    53,804.59 … Continue reading Where are we now?

The Journey Begins

July 26, 2018July 26, 2018 / Path to Fire / 1 Comment

Background My desire to achieve financial independence developed at a young age. Growing up, we had enough to get by, but my parents sacrificed a lot just to put food on the table. I remember thinking how I could grow wealthy and never have to want for anything later in life. I decided the path … Continue reading The Journey Begins

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