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TitreDateDurée
99. Ben Felix - Rational Investing, Market Efficiency & Building Wealth the Smart Way09 Nov 202501:35:37

This week, I’m joined by Ben Felix, Chief Investment Officer at PWL Capital and co-host of the Rational Reminder podcast. Ben is best known in the FIRE community for his YouTube channel, which has nearly 500K subscribers and features insights on investing, financial decision-making, and living a good life. Ben is one of the clearest voices in evidence-based investing. His work breaks down complex financial ideas into straightforward, data-driven insights that help investors cut through the noise. It’s a masterclass in rational investing, delivered by one of the best in the game.

In this conversation, we cover:

  • The truth about "beating" or timing the market (00:13:06)
  • Why market efficiency matters more than most investors think (00:24:41)
  • How to think about asset allocation and your own risk tolerance (00:49:26)
  • Why chasing dividends might not be the smartest path to FIRE (00:56:55)
  • What a realistic safe withdrawal rate looks like today (01:07:52)
Links

www.aussiefirebug.com/podcast

98. Alan Donegan - Building Businesses Without Debt & The Rebel Way to Financial Independence12 Oct 202501:22:33

Today on the podcast, we’re joined by Alan Donegan - co-founder of Rebel Business School and host of the Rebel Entrepreneur Podcast. Alan and his wife Katie reached financial independence in 2019, and since then they’ve been travelling the world, teaching people how to start businesses debt-free and take control of their finances.

In this episode we cover:

  • What role did your upbringing play in shaping your view on money and risk? (00:04:57)
  • Tell us about the Rebel Business School - when was it created and what’s its mission? (00:47:20)
  • You’ve taught business and finance around the world - have you noticed cultural differences in how people think about money and entrepreneurship? (01:10:16)
  • If you could only teach one skill outside of finance and business, what would it be and why? (01:13:31)
Links

www.aussiefirebug.com/podcast

89. Terry - Wealth Time Freedom (WTF)07 Jan 202401:15:55

Today's episode is something a bit different.

Terry, the host of the Wealth Time Freedom (WTF) podcast interviewed me a few months ago. The response was so positive from that episode that I decided to repost it on my show.

In this episode, Terry asks me about becoming a dad, my recent pivot with work and my new perspective on FIRE.

I found it to be a great conversation, and I hope you'll enjoy it too.

Links

www.aussiefirebug.com/podcast

Episode 11. Self Wealth11 Dec 201700:33:41
Our guest today is Andrew Ward, the founder and managing director of online investing tool Self Wealth. Andrew is a former Executive Manager at Commonwealth Bank who has held many other high positions throughout his 20 years in the finance sector. Andrew seen an opportunity in the market for an online community for investors, but after failing to get through the red tape that comes with working in a large organisation, decided to start up his own company.
Episode 10. Ms Frugal Ears31 Oct 201700:50:54
Our guest today is Serina Huang or better know as, Ms Furgal Ears. Serina works as a public servant but is also a writer, blogger, and foodie. A self proclaimed frugalista, Serina lives with her two sons in Canberra and has appeared in such publications as the RIOT ACT and the Canberra Times. She is currently wiritng a book about becoming a frugal multi millionaire and one day hopes to be a billionaire! In this episode, we talk about:Serina upbringing and working as an expat in TaiwanManaging 10 investment properties during a downturnThe importance of having your finances sorted especially if you go through a divorceStriking a balance between enjoying life and being frugalLiving off $50 a week for food, groceries, and toiletries
Episode 9. Pat the Shuffler.mp326 Sep 201700:56:36
Our guest today is Pat from life long shuffle.com. Pat’s a 29 year old construction engineer working in Sydney who is planning to retire early within 10 years. Having amassed a net worth of over quarter of a million already, he is well on his way.In this episode, we talk about:* Investing! And in particular franking credits and why Pat is such a fan*Extra Super contributions? Should you be adding more to your *Super each year?*Buying a house in Sydney*Explaining FIRE to normal people*Reaching FIRE with a partner
Episode 8. Jayden from the Rentvesting Podcast27 Aug 201700:58:11
Our guest today is Jayden Vecchio, a director, and co-founder for Red and Co who was awarded the 2016 FBAA Commercial Mortgage Broker of the Year award. You may know Jayden better as the co-host for the very successful 'Rentvesting Podcast' aimed at Gen X and Y Property Investors.In this episode, we talk about Jaydens path to success coming into the finance world when the GFC hit in 2009 and the devastation that caused the finance sector in Sydney. We also chat about his journey with property investing, moving cities, starting a company as well as a podcast and many more things.
Aussie Firebug Post - Property Vs Shares05 Jul 201700:27:33
Is there a more hotly debated topic among avid investors than property vs shares? Owning 3 investment properties and nearly $90K worth of ETFs over the last 5 years. I feel like I have experienced some of the best and worst of each asset class.This article details the pros and cons of the two, and ultimately which one is suited better for specific investing styles.
Episode 7. Mrs Firebug30 Apr 201700:32:31

A big part of the journey towards financial independence is finding a partner along the way who has the same goals and aspirations as you do towards your finances. It's more common to find a partner who has no idea that financial independence even exists! I invited Mrs Firebug on the podcast today to chat about what it's like on the other side of the relationship and dealing with someone who is obsessed with reaching financial independence.

Episode 6. 2015 Property Investor Of The Year: Steven Ryan21 Mar 201700:55:51
Steve Ryan, a 31 year old property investor who at age 29 became the 2015 'Your Investment Property Magazine' Investor of the year. Steven has been featured on such programs as ABC's 7:30, Property Investor Magazine, Real Estate Talk and many more. His net worth is well into 7 figures and has reached financial independence but does not plan to stop working anytime soon.
Episode 5. Chris28 Feb 201700:44:13
Chris is a 29 year old millennial from north east Victoria who owns a net worth of over $300K! Mainly invested in Vanguard managed funds, Chris also has a side business programming clocks and renting out his spare room through Air BnB. Tune in to hear about how he amassed this fortune at such a young age and how he plans to hit FIRE by 41.
Aussie Firebug Post - P2P Lending30 Jan 201700:28:21
Peer to peer (P2P) lending matches people who have money to invest with people who are looking for a loan. A relatively new service that follows a similar business model of other P2P services such as Airbnb and Uber. I invited Chris onto the podcast today to share his two years of experience with Australian based P2P lending services.Some of the topics we cover in today's show:* How P2P lending works* What returns has Chris been getting over the last two years* The differences in platforms available* Chris's overall experience with P2P lending and his advice to anyone who is considering investingArticle Link: http://www.aussiefirebug.com/p2p-lending/
Aussie Firebug Post - Rentvesting29 Oct 201600:22:00
What is Renting? What a horrible mash-up of words. Rentvesting? Rent-Investing? Rentvestor?Yuck!While the term itself doesn't sit well with me, the underlying principles defiantly do and I think a ton of millennials could benefit from it, so listen up muchacho's!... http://www.aussiefirebug.com/rentvesting/
88. Captain FI - Financially free at 2917 Dec 202301:19:09

Today, my guest is fellow FIRE enthusiast/podcaster/blogger, Captain FI!

He’s actually been on the podcast before but I had to take that episode down due to ASIC’s 2022 guidelines.

Cap came and stayed at the Firebug household after attending the Rask event in my hometown. It was a lot of fun meeting and greeting others from the FIRE community and it was extra special to do so in my own backyard.

This was very much an improv podcast and I didn’t have any set questions.

We had a general chitchat about Captian Fi’s financial journey and other topics relating to FIRE.

Some of the topics we cover in today’s episode are:

  • Who is Captain FI? (00:02:36)
  • Investing a big lump sum into the share market (00:04:47)
  • Finding a financial planner (00:16:01)
  • Investing psychology (00:26:24)
  • Reaching financial independence (00:41:26)
  • Does your FI number include a paid-off house? (00:43:43)
  • Selling shares to pay your living expenses (00:45:46)
  • The psychology of spending (00:52:26)
Links

www.aussiefirebug.com/podcast

Episode 4. Stockspot04 Sep 201600:57:33

I invite the founder and CEO of the Australian robo-advising company Stockspot to chat about entrepreneurship, investing and how traditional fund managers are ripping you off! Chris Brycki holds a Bachelor of Commerce, was the national winner of the ASX Schools Share Game three years in row, a highly experienced trader spending most of his career as a Portfolio Manager at UBS investing the banks’ capital and more recently an entrepreneur, founding his own company Stockspot. Show NotesWhat is a Robo-advisor?StockspotFat Cat Funds Report

Episode 3. Detrimental1222 May 201601:06:20
Summary Our guest today bought his first shares of News Corp at 12 years of age. Realising later in life that money through investing and business ventures would be his escape from conservative country living in rural NSW.  Investment properties in Australia and the US along with his own company are propelling Detrimental12 to reach financial independence in his early 30's! With a net worth of over $800K he is well on his way. Show Notes Financial Independence Australia Subreddit Detrimental's Blog about US Real Estate for Aussie's When Koalas attack!
Episode 2. Mad Fientist30 Mar 201601:06:29
SummaryI have been following today's guest for a few years now. He is one of my favourite FI bloggers and has recently hit financial independence in his mid thirties.The Mad Fientist analyses the tax code and looks at personal finance through the lens of early financial independence, he develops strategies and tactics to help you retire even earlier.Most personal finance advice is geared towards people retiring in their 60s or later and doesn’t apply to those pursuing early financial independence. The Mad Fientist focuses on providing advice and innovative tax-avoidance methods specifically for people wanting to break away from full-time employment very early in life.You can check out his site here but be warned, a lot of the information is geared towards the US system. But not all is lost, there is also countless information that can be transferred to an Australian striving for FI so I would defiantly check it out.One of his best resources is his podcasts which can be found here. I have listened to all of them and they are fantastic! A big reason that I started to podcast was because of how much quality info I was able to get out of the Mad Fientist's podcasts.Show NotesWhat is negative gearing?www.madfientist.comMad Fientist PodcastsPickle with more fans than Nickleback (the Facebook group has since been deletec)
Episode 1. Ben Everingham: The Stars Align In Paris...22 Mar 201600:44:00

In this episode I chat to Ben Everingham who was able to retire from full time work at the age of 29. Ben knew he was not wired the same as everyone else when he started working full time and quickly discovered that the 'normal' working life was never going to make him happy. After a Euro trip at 19 and finishing Uni, Ben was able to land a great job in Sydney earning over 6 figures. Most would think that they have it made with a great job straight out of Uni but after working a while Ben knew that this job was never going to satisfy him long term and whilst the money was great, he was miserable.After reading Rich Dad Poor Dad, Ben's eyes had been opened up to the possibility of investing and business ownership. Eager to get started, Ben was able to purchase 6 properties within 4 years and started his own business, thus achieving his goal of quitting full time work before the age of thirty...

87. Clayton - My Accountant10 Dec 202301:08:48

Today, my guest is none other than my accountant, Clayton!

Clayton and I have talked about doing this podcast for a while. I pay him thousands of dollars each year to help with tax planning, structuring our investments and businesses and other strategic decisions that ultimately help me reach FIRE sooner.

I thought it would be interesting to chat to him about what role an accountant can play when someone is trying to reach FIRE, and explore why certain decisions were recommended for our family in terms of tax advice and planning.

Some of the topics we cover in today’s episode are:

  • The difference between an accountant, a tax advisor and a financial planner (00:05:36)
  • The role an account can play in someone’s journey to financial independence? (00:09:08)
  • Common financial structures for people wanting to improve their situation (00:11:56)
  • Some of the advantages of a financial trust structure (00:14:13)
  • The difference between tax minimisation and tax evasion (00:16:52)
  • How can people get the most out of their accountant? (00:22:30)
  • Easy things you can do to help you at tax time (00:26:58)
  • How do you find a good accountant who'll work with you to build wealth? (00:34:33)
  • What are the main things to consider when starting a sole trader/freelancer business? (00:36:54)
  • How often does the ATO actually audit people? (00:49:10)
Links

www.aussiefirebug.com/podcast

86. FIRE/Life Update22 Oct 202300:22:40

I've been thinking about this post for the past 18 months, and to be honest, it's long overdue.

So much has changed over the last 11 years since I first stumbled across FIRE.

And if the podcast's feature image wasn't obvious enough, I recently became a father. 

So, now is the perfect time for a big update/recap on life at the Firebug household.


www.aussiefirebug.com/podcast

85. Mr. 1500 - Retired Early at 4323 Jul 202301:12:13

Today my guest is Carl Jensen who is better known in the FIRE community as Mr. 1500.

He’s a family guy living in Colorado with his wife and two young children and managed to retire at the ripe old age of 43.

Some of the topics we cover in today’s episode are:

  • The story behind the name "Mr. 1500" (00:02:06)
  • Investment philosophy and strategies (00:07:25)
  • Carl’s interest in Tesla and EVs in general (00:18:44)
  • Balancing frugality and fulfilment on the path to FI (00:23:49)
  • The biggest benefits of achieving FI (00:26:31)
  • How Carl handled the cultural challenges of pursuing early retirement (00:39:04)
  • What Carl wishes he knew when he started his journey to FI (01:09:58)
Links

www.aussiefirebug.com/podcast

84. Tony - My Dad18 Jun 202301:03:17

Today’s episode is very special to me personally.

I’m speaking with my dad about how he grew up and what money and life lessons he learnt along the way. He’s probably had the biggest impact on how I view the world (along with my mum) and set the foundations early on for me to be in the position I’m in today.

Some of the topics we cover in today’s episode are:

  • What life was like growing up in Melbourne with immigrant parents (00:02:16)
  • How Tony learned about money management as a child (00:13:08)
  • Leaving school at 15 to help contribute to the family farm (00:19:26)
  • Life lessons learnt from Tony’s immigrant parents (00:23:29)
  • Comparing the housing market in 2023 to the 1970s (00:29:13)
  • Learning about property investing (00:35:44)
  • Stock market investing (00:48:15)
  • Tony’s essential life lessons (00:53:47)

www.aussiefirebug.com/podcast

83. Bryce Holdaway and Ben Kingsley - The Property Couch08 Jun 202301:31:22

I’m excited today to be having a conversation with Bryce Holdaway and Ben Kingsley who co-host the very popular podcast called The Property Couch.

Some of the topics we cover in today’s episode are:

  • How Ben and Bryce originally made a connection (00:02:00)
  • Property investing guidelines and regulations (00:12:37)
  • Their investing strategy/philosophy (00:23:25)
  • The Australian housing and rental crisis (00:48:56)
  • Active property investing vs passive share market investing (00:37:03)
  • Are property investors adding to affordability issues or are they being used as political scapegoats? (00:56:45)
  • How The Property Couch podcast got started (01:20:33)
Links

www.aussiefirebug.com/podcast

82. Dr Toni Lindsay - The Certainty Myth30 Mar 202301:31:34

My guest today is Dr Toni Lindsay. Toni is a clinical psychologist who works primarily with people who are at the end of their life or have a severe illness (usually young people!).

In her own words: “My work has shaped how I think about all this FIRE stuff!”.

Toni is also the author of multiple books but the one which probably has the most application with FIRE would be “The Certainty Myth: How to be resilient when the world keeps changing”.

Some of the topics we cover in today’s episode are:

  • What does Toni actually do in the field of clinical psychology? (00:04:02)
  • What motivated Toni to write “The Certainty Myth”? (00:15:54)
  • How Acceptance and Commitment Therapy (ACT) can help with the journey to FI (20:19:00)
  • The relationship between uncertainty and anxiety and how we can better manage this (00:55:54)
  • Cognitive flexibility - how flexibility can be an antidote to uncertainty (01:01:43)
  • How FIRE plays a role in resiliency (01:10:54)
  • How Toni’s experience with mortality has shaped her FIRE journey (01:21:50)
Links

www.aussiefirebug.com/podcast

81. Super Changes Debate - Scott Phillips vs Cameron Murray - Part 209 Mar 202300:48:27

Following on from the previous episode, this is part 2 of the debate.

There’s been a few potential Super changes put forth by the Albanese government lately and I wanted to get two different viewpoints on the podcast to debate the pros and cons of the changes. I also wanted to talk about Super as a high-level concept. What exactly is Super? What’s the purpose of Super? Is Super fulfilling its job? etc. We have two returning guests joining in today’s discussion. CIO of The Motley Fool Australia, Scott Phillips and Economist Dr Cameron Murray. I’m playing moderator between these two as they give their different opinions on some of the following topics:

  • Are you for or against opening up Super to allow members to buy a home? (00:01:33)
  • Is confidence being eroded when the government keeps tinkering with the system? (00:08:20)
  • Is it just the rich getting richer? (00:15:08)
  • Is it a good idea for the government to invest in capital projects? (00:18:43)
  • The proposed Super cap (00:31:35)
Links

www.aussiefirebug.com/podcast

80. Super Changes Debate - Scott Phillips vs Cameron Murray - Part 102 Mar 202300:55:30

I’m so excited for this one today. There’s been a few potential Super changes put forth by the Albanese government lately and I wanted to get two different viewpoints on the podcast to debate the pros and cons of the changes. I also wanted to talk about Super as a high-level concept. What exactly is Super? What’s the purpose of Super? Is Super fulfilling its job? etc. We have two returning guests joining in today’s discussion. CIO of The Motley Fool Australia, Scott Phillips and Economist Dr Cameron Murray. I’m playing moderator between these two as they give their different opinions on some of the following topics:

  • What is the purpose of Super? (00:03:26)
  • Is there an alternative to the current Super system? (00:11:38)
  • Thoughts on how we could fix the Super system (00:19:27)
  • Do we actually need to have both Super and the Age Pension? (00:39:48)
Links

www.aussiefirebug.com/podcast

97. Andrew Page - Strawman14 Sep 202502:22:03

Today on the podcast, we’re joined by Andrew Page - founder and Managing Director of Strawman.com. With over 20 years’ experience as an analyst, commentator, and private investor, Andrew is a well-known voice in the Australian investing community. Before launching Strawman, he worked at The Motley Fool and Team Invest, and now focuses on helping everyday investors cut through the noise and build better portfolios.

In this episode, we cover:

  • How Andrew first got started in investing (00:03:09)
  • Why he believes stock picking still has a place, even in the age of index funds (00:27:21)
  • What separates a good business from a bad one, and how he evaluates founders (00:45:18)
  • His thoughts on Bitcoin and where it fits in a value investor’s world (01:28:49)
  • The best resources for anyone looking to branch out from passive investing (02:14:02)
Links

www.aussiefirebug.com/podcast

79. Queenie Tan - Invest with Queenie23 Feb 202301:24:50

Today my guest is Queenie Tan. She’s a 26-year-old Sydneysider who has amassed over 350K followers on various social media platforms. Raised by a single dad in Sydney, Queenie was earning $400 a week after she moved out of home at just 19. A few years later she was able to save a $100,000 property deposit and now at age 26, has a net worth of half a million dollars.

Some of the topics we cover in today’s episode are:

  • Queenie's upbringing and relationship with money (00:02:12)
  • How Queenie built her net worth to $500K by age 26 (00:10:03)
  • Dropping out of uni to start earning money (00:15:40)
  • Changing jobs every couple of years (00:21:11)
  • Queenie's thoughts on the term “Finfluencer” (00:46:28)
  • Financial content creators and the ASIC guidelines (00:51:09)
  • Sydney housing markets and financial freedom (01:05:34)
Links

www.aussiefirebug.com/podcast

78. The Mad Fientist - Life After Financial Independence26 Jan 202301:19:16

My guest today is Brandon Ganch who is better known in the FIRE community as the Mad Fientist. Brandon is an ex-computer programmer turned blogger and podcaster who reached financial independence at the ripe old age of 34 with his wife Jill. It’s always a pleasure to speak with Brandon as one of my financial/investing heroes and someone who’s been on the scene since the early days when I first discovered the concept of FIRE.

Some of the topics we cover in today’s episode are:

  • The life changing event of becoming a parent and how FI has helped (00:07:10)
  • Did Brandon really crack the Billboard Top 40 list with his debut album? (00:16:15)
  • How to raise a money conscious kid (00:20:13)
  • What’s life been like since Brandon quit his day job as a programmer? (00:30:03)
  • Difficulties switching from portfolio accumulation to consumption (00:36:50)
  • How the utility of money changes as you get older (00:40:22)
Links

www.aussiefirebug.com/podcast

77. Liz Thames - Mrs Frugalwoods19 Jan 202301:05:30

Today my guest is Liz Thames who is better known as Mrs Frugalwoods. Liz is a mother of two who lives with her husband Nate on a 66-acre homestead in rural central Vermont USA. She’s the author of the popular FIRE book called “Meet the Frugalwoods: Achieving Financial Independence Through Simple Living”.

Some of the topics we cover in today’s episode are:

  • Liz’s motivation behind writing a memoir-styled book (00:02:44)
  • How to transition from saving to living off your investments (00:07:39)
  • What does FIRE mean to Liz? (00:11:36)
  • How Liz and Nate achieved financial independence (00:15:37)
  • What does the Frugalwoods investment portfolio look like? (00:31:03)
  • Financial privilege. Can everyone achieve FIRE or is it only possible for a lucky few? (00:41:35)
  • How FIRE helps when raising two young girls (00:47:19)
  • Tips for buying a home (00:55:47)
Links

www.aussiefirebug.com/podcast

76. Tim Washington - Vehicle-to-Grid and the Energy Network of the Future08 Dec 202201:08:49

Today I’m talking with the Chair of the Australian Electric Vehicle Council, Tim Washington. Tim has also co-founded two companies - JET Charge, who specialise in supplying and installing EV Chargers and Charge Fox, Australia’s largest EV charging network.
EVs have been a hot topic in the FIRE Facebook group lately and I’ve had a few episodes on EVs in general but none that dig into the charging side of the equation which is a big part.

Some of the topics we cover in today’s episode are:

  • How does a home EV fast-charger work with your home solar system? (00:21:29)
  • How will the new FBT legislation affect the cost of EVs in Australia? (00:23:44)
  • How much does a EV fast-charger cost to buy and install? (00:26:09)
  • Is vehicle-to-grid (V2G) technology currently an option for Australians? (00:32:27)
  • Turning your car into a money-making asset instead of sitting idle 90% of the time (00:34:24)
  • Can Australia’s electricity grid handle the upcoming transition to EVs? (00:46:59)
  • Hydrogen cars (01:01:11)
Links

www.aussiefirebug.com/podcast

75. Scott O'Neill - Investing in Commercial Property01 Dec 202201:04:51

Today I’m welcoming back property investor Scott O’Neill to the podcast. Scott and his wife are self-made multi-millionaires that created $300K in passive income by 28. Since Scott was last on the show, I received a fair amount of emails asking me to get him back to give a more practical guide on investing in commercial real estate.

Some of the topics we cover in today’s episode are:

  • What is commercial real estate? (00:06:32)
  • Pros and Cons for both residential and commercial property (00:13:52)
  • Why commercial leases are so so important and very different compared to residential (00:21:58)
  • What about finding a tenant to lease your property? (00:29:02)
  • Are there strategies specific to commercial property investing? (00:41:50)
  • What to look for when doing due diligence (00:52:46)
Links

www.aussiefirebug.com/podcast

74. Jeff Speck - Walkable City24 Nov 202201:16:25

Today my guest is city planner and urban designer Jeff Speck. Originally trained as an architect, Jeff is most famous within the FIRE community for his award-winning 2012 book: ‘Walkable City: How Downtown Saves America, One Step at a Time’.

It’s amazing how such a small detail like walkability can touch on so many tenants within the FIRE ethos. The economy, health benefits and sustainability are all areas that are impacted greatly by our poorly designed cities which are where the majority of humans on earth live.

Some of the topics we cover in today’s episode are:

  • How Jeff became an expert in city planning. (00:03:25)
  • What is urban design and city planning? (00:09:02)
  • City development before the great depression and world war 2 (00:13:43)
  • How do we solve this problem of a car-centric environment? (00:36:25)
  • Health benefits of a walkable city (00:41:14)
  • How we can change our roads to benefit pedestrians and reduce traffic (00:52:09)
  • Different ways to make a city more walkable (00:57:48)
Links

www.aussiefirebug.com/podcast/

73. Kate Campbell - The Importance of Taking Calculated Risks17 Nov 202201:12:25

Today I’m talking with financial educator and podcast host Kate Campbell. Kate grew up in country Victoria and joined the defence force as a teenager before changing careers to finance and investing later on. She’s probably best known in the FIRE community as a co-host for many of the very popular podcasts that Rask Australia produces.

Some of the topics we cover in today’s episode are:

  • How Kate got started in finance and investing (00:03:30)
  • The importance of taking risks and just giving it a go (00:08:52)
  • What does Kate’s portfolio look like? (00:23:12)
  • Kate’s blog and podcast (00:32:04)
  • How Kate came to work with Owen at Rask Australia (00:38:03)
  • Common roadblocks people face with their finances (00:43:22)
  • Financial hurdles women have to face (00:44:56)
  • Money and psychology (00:54:04)
Links

www.aussiefirebug.com/podcast/

72. Dave Gow - Strong Money Australia Book10 Nov 202200:52:20

Today we welcome back Dave Gow who retired at the ripe old age of 28. He’s better known online as Strong Money Australia where he blogs about early retirement and how to live a happier life. It’s a really light-hearted chat today where we mainly talk about Dave’s new book which will be available on the 1st of December 2022 which is very exciting.

But we also cover a range of other topics such as:

  • Updates on early retirement (05:32)
  • Strong Money Australia book (06:53)
  • Publishing rights (12:58)
  • Audiobook difficulties (18:23)
  • Updates on the FIRE and Chill podcast comeback (34:15)
  • Elon Musk buying Twitter (43:20)
Links

www.aussiefirebug.com/podcast/

71. Steve McKnight - From 0 to 130 Properties in 3.5 Years03 Nov 202201:29:45

Today is a very special episode because if you had told me 10 years ago that I would be chatting to Steve McKnight on my own podcast, I would have never believed you. Steve is a professional investor, media commentator and online entrepreneur. But he’s probably most famous in the FIRE community for his book “From 0 to 130 Properties in 3.5 Years”. This was actually the second book about financial independence that I ever read and completely changed my life. Steve is one of three people who I’d consider as the most influential figures for me to come across throughout my investing journey so as you could imagine, this was a special episode for me personally.

Some of the topics we cover in today’s episode are:

  • Burnout and seeking an alternative path (00:06:15)
  • Investing in property (00:17:37)
  • Vendor financing (00:20:51)
  • Australia’s housing market is a Ponzi scheme (00:27:44)
  • Online entrepreneurship (00:46:30)
  • Finding meaning beyond financial independence (01:11:37)
Links

www.aussiefirebug.com/podcast/

70. Entrepreneur Brad Smith - Starting a Company at 1827 Oct 202201:05:59

Today I’m talking with Brad Smith. Brad is an entrepreneur and former young Australian of the year for Tasmania who founded a motorcycle company Braaap in 2005 at the ripe old age of 18. Entrepreneurship is sometimes popularised as a quicker way to reach FIRE with the added benefit of doing something that you love. But it doesn’t always work out this way.

Some of the topics we cover in today’s episode are:

  • Brad’s background and family upbringing (00:05:53)
  • What made Brad start a company so young? (00:15:11)
  • Finding a manufacturing factory in China (00:25:28)
  • The importance of separating personal finances from the companies (00:30:55)
  • Dealing with adversity (00:34:20)
  • Marketing vs engineering (00:39:09)
  • Electric motorcycles (00:43:36)
Links

www.aussiefirebug.com/podcast

96. Evan Lucas - Mind Over Money31 Aug 202501:35:56

Today on the podcast, we’re joined by Evan Lucas - behavioural economist, financial commentator, author of Mind Over Money, and former Head of Strategy at InvestSMART.

Some of the topics we dive into are:

  • How the increase in dual income households is reshaping family dynamics. (00:16:03)
  • How we can rewire our brains to spend less and live more freely. (00:34:06)
  • The link between identity, emotion and financial behaviour. (00:47:19)
  • The role behavioural finance plays in reaching FIRE. (00:41:09)
Links

www.aussiefirebug.com/podcast

69. FinFest 2022 & Sydney FIRE Meet-up with Luke20 Oct 202200:45:36

Today I'm joined by my high schoolmate Luke. 

Luke and I attended FinFest and the Sydney FIRE meet-up over the weekend. I thought it would be fun to recap the event/meetup because we both had a blast.

Some of the topics we cover in today's episode are:

  • The FinFest event (02:51)
  • The presentations on the day (08:05)
  • Food truck lines (09:18)
  • Bumping into others from the FIRE community (15:51)
  • The FIRE meet-up (30:08)
  • Noisy venues (31:06)
  • Other content creators coming to the meet-up (33:20)

www.aussiefirebug.com/podcast

68. Economist Dr Cameron Murray - Scrapping Super, Affordable Housing, Inflation and Political Corruption06 Oct 202201:35:11

Today I’m talking with Dr Cameron Murray. Cameron is a father of two currently living in Brisbane and holds a PhD in Economics from the University of Sydney. You may have seen Cameron in a collection of print media outlets and in TV programs such as Q&A on ABC. This is a big episode today because Cameron has such a breadth of knowledge across so many areas that affect our ability to retiree early. He has one of the most interesting and original takes on our Super system too which I think a lot of early retirees, such as myself, will be interested in hearing.

Some of the topics we cover in today’s episode are:

  • Why Australia should scrap Superannuation since the aged pension is a superior system that costs less and delivers more (00:11:20)
  • Housing policies and what changes need to be made to help affordability (00:52:46)
  • Money creation and its role in inflation (00:58:27)
  • Political corruption and what it costs Australians (01:25:52)
  • How to become a better economist (01:31:55)
Links

www.aussiefirebug.com/podcast

67. Noel Whittaker - Australian Personal Finance Legend22 Sep 202201:03:37

Today my guest is a legend in the Australian personal finance space. Noel Whittaker has been educating Aussies in money management and investing for over 50 years. He’s probably most famous for his international bestselling book "Making Money Made Simple" which has sold over a million copies worldwide!

Some of the topics we cover in today’s episode are:

  • Noel’s upbringing and first investments (00:02:19)
  • What made Noel become an author? (00:13:41)
  • Noel’s investment choices and experience (00:18:08)
  • Noel’s thoughts on Australian Superannuation (00:26:50)
  • Annuities in Australia (00:42:46)
  • The big issue with Lenders Mortgage Insurance (00:48:37)
  • What’s happened to the financial planning industry and how would Noel fix it? (00:50:38)
Links

www.aussiefirebug.com/podcast

66. Scott O'Neill - Self-made $300K in passive income by 28. Marketing BS or the real deal?15 Sep 202201:26:24

I have an interesting episode for you guys today and I think you’re really going to like it. My guest today is Scott O’Neill. Scott bought his first investment property in 2010 with a $60K deposit after saving for 5 years. Just 8 years later, Scott and his wife had 28 properties generating $300K of profit each year plus around $7Million of equity. And Scott is very adamant that he didn’t receive any financial help, gifts, inheritance, living at home rent-free until his late 20’s etc. He’s self-made and agreed for me to dive deeply into exactly how he managed to do it.

Some of the topics we talk about today are:

  • Scott’s background. What type of socioeconomic situation did he come from? (00:06:24)
  • How did Scott come to be an investor? (00:11:41)
  • The schools Scott attended and what type of career he had once he graduated from uni? (00:14:13)
  • A timeline of Scott and his wife’s salary and savings rate during those 8 years from 2010 to 2018 (00:17:15)
  • How did the banks let him and his wife load up on that much debt? Especially during the APRA crackdown in the early/mid-2010s. (00:42:04)
  • How much of their success does Scott attribute to timing and luck vs skill and hard work? (01:00:26)
  • How much he personally draws from his buyer agency business even after reaching financial independence? (01:13:39)
Links

www.aussiefirebug.com/podcast

65. My Efficient Electric Home (MEEH) with Tim Forcey08 Sep 202201:13:24

Today I’m chatting with chemical engineer/home energy advisor Tim Forcey. He’s probably known best in the FIRE community for creating the extremely popular Facebook group, My Efficient Electric Home (MEEH) which currently has over 65,000 members.

I’ve always said one of the most common traits in FIRE community is hyper efficiency of everything we spend money on, so I was very excited personally to have Tim on the show, especially with energy prices creeping higher and higher.

Some of the topics we cover include:

  • What made Tim become a home energy advisor? (00:02:25)
  • What are the low hanging fruits to make our homes more energy efficient? (00:08:42)
  • Is it true that electric air-conditioners are cheaper to run than gas systems for heating your home? (00:11:07)
  • What is the “thermal envelope” and why is it important? (00:25:06)
  • Building regulations in Australia and what Tim would mandate if he were in charge (00:37:46)
  • What are heat pumps, how do they work and why has gas heating been so popular? (00:44:21)
  • Tim’s thoughts on solar energy and home batteries (00:52:12)
  • The story behind “My Efficient Electric Home (MEEH)” Facebook group (01:00:50)
Links

www.aussiefirebug.com/podcast

64. Starting Your Career: Big4 vs Gov with Jeremy01 Sep 202201:10:03

Today we’re talking about two popular career paths - starting out at one of the big four or going into a government role. 

The Big Four is the nickname used to refer collectively to the four largest professional services networks in the world. These include Deloitte, Ernst & Young (EY), KPMG, and PricewaterhouseCoopers (PwC).

Joining me in this discussion is my old schoolmate Jeremy who did a cadetship at Deloitte where he worked for 6 years. Jeremy explains the interview process, culture, work-life balance and salary during his time at one of the big four.

I’m going to be representing starting out in government as I spent the first 8 years of my working life in the public sector.

Some of the topics we cover in today’s episode are:

  • What is the process of landing a job and what were the interviews like? (00:05:18)
  • How does a cadetship actually work? (00:14:51)
  • First year experiences (00:18:44)
  • Salary progression (00:21:36)
  • Big Four workloads and expectations (00:24:25)
  • Government experience, expectations & work culture (00:35:12)
  • The pros and cons of both career paths (00:48:28)
  • Dealing with burnout (00:56:49)
  • Finding meaningful work that brings purpose (01:00:25)
Links

www.aussiefirebug.com/podcast

63. Succession Planning with Terry Waugh18 Aug 202200:48:01

Today we’re talking about succession planning with the one and only Terry Waugh.

This is a pretty big topic but we’ll be focusing in on areas such as:

  • What is succession planning and why should we care? (02:22)
  • What are some of the available options for succession planning? (04:19)
  • Wills (07:06)
  • Testamentary trusts (13:31)
  • Succession planning within companies (20:52)
  • Superannuation - who gets it when you die? (24:15)
  • SMSF - what are the key differences? (28:42)
  • Life insurance inside superannuation (39:30)
  • How to protect your kids in case you die (31:01)
  • How much do these structures cost? (33:27)
Links

www.aussiefirebug.com/podcast

62. How to Vet Financial Advisors with Phil Harvey from PIFA11 Aug 202200:58:55

Have you ever been ripped off by a financial advisor? 

Today’s podcast is all about identifying the tactics financial advisors use that put their interests ahead of yours. 

Joining me in this discussion is Phil Harvey. He’s an independent financial advisor and one of the founding members of PIFA which stands for the Profession of Independent Financial Advisers.

Some of the topics we cover are:

  • Who is Phil Harvey? (05:41)
  • Phil's personal experience with financial advisors in 2010 before the royal commission (08:01)
  • What motivated Phil to help start PIFA? (11:20)
  • What is an independent financial adviser? (13:29)
  • Fee structure differences between independent and non-independent advisors (15:25)
  • What percentage of all financial advisors are independent? (22:09)
  • Red flags when vetting financial advisors (36:15)
  • Phil’s tips on avoiding being ripped off by a financial advisor (55:11)
Links

www.aussiefirebug.com/podcast

61. Matt Ridley - The Rational Optimist04 Aug 202201:15:28

My guest today is Matt Ridley, a British science writer, journalist and businessman who holds a PhD from Oxford in Biology. He’s worked for many famous publications such as The Economist, The Wall Street Journal and The Times (London).

Matt is probably best known within the FIRE community for his award-winning book, The Rational Optimist, published in 2010.

This is one of the best books I’ve ever read that offers a counterpoint to the prevailing pessimism of our age and proves, however much some people like to think to the contrary, that things are getting better.

Some of the topics we cover are:

  • How did Matt come to be a writer? (08:18)
  • As a scientist, what attracted Matt to economics, business and politics? (14:17)
  • The relationship between evolution and human innovation (16:39)
  • Why did Matt write The Rational Optimist? (20:25)
  • Matt’s famous TED Talk – “When Ideas Have Sex” (24:56)
  • How much better are we living in the 21st century compared to our ancestors? (30:03)
  • Is the 24/7 continuous flow of information good or bad for humanity? (36:27)
  • Matt talks about his new book – “Viral: The Search for the Origin of COVID-19” (50:50)
Links

www.aussiefirebug.com/podcast

60. Second Hand Electric Vehicles - Good Car Co.21 Jul 202200:55:58

In this episode we’re not talking about money or investing but rather touching on the sustainable side of the FIRE movement. Today my guest is Anthony Broese van Groenou, a sustainability expert, environmental scientist, PhD researcher and the co-founder of the Good Car Co. This company's goal is to accelerate the uptake of Electric Vehicles in Australia by offering second-hand EVs at an affordable price.

Some of the topics we cover are:

  • Who is Anthony Broese van Groenou and what is the story behind the Good Car Co.? (03:24)
  • What options are there now for Australians who want to purchase an EV? (07:11)
  • What is the price range in Australia for second-hand EV’s atm? (12:44)
  • One of the most exciting features of EVs in my opinion is the two-way charging capabilities. What does this mean and what are the benefits? (20:27)
  • How much can an average Aussie expect to save on fuel and maintenance costs with an EV? (30:10)
  • How long does an EV battery last and what is the replacement cost? (31:46)
  • What about EV battery warranties - do they get passed on to the second-hand car owner? (34:54)
  • Do EV’s actually lower CO2 emissions when you factor in everything it takes to actually make the car and the battery? (44:20)
Links

www.aussiefirebug.com/podcast

95. Pete Wargent - Shares, Property and FIRE17 Aug 202501:21:20

Today on the podcast, we’re joined by Pete Wargent—investor, author, market analyst, and one of Australia’s earliest FIRE pioneers. Originally from the UK, Pete reached financial independence by age 33 after building a portfolio of shares and property across both Australia and the UK.

Since then, he’s written multiple best-selling books, launched a property buying business, and become a trusted voice on investing, markets, and wealth creation.

In today’s episode, we dive into:

  • Pete’s journey to FI and what helped him get there (00:05:26)
  • The role of personality, passion projects, kids, and travel (00:09:58)
  • Some of the biggest challenges people face on the path to financial freedom (00:22:41)
  • Why there’s no one-size-fits-all approach to financial independence (00:28:03)
  • What’s changed in the FIRE space over the past 20 years (00:48:53)
Links

www.aussiefirebug.com/podcast

59. Terry Waugh - Debt Recycling14 Jul 202200:58:06

Today I’ve invited Terry Waugh back on podcast to talk about a topic that’s very popular in the Aussie FIRE community. I recently published an article about how we (Mrs Firebug & I) are Debt Recycling and have received a lot of questions from the community about the details of how it all works. Terry is one of the most knowledgeable people I know on this topic and he has kindly agreed to join me to answer as many questions as we have time for.

Some of the topics we cover are:

  • What is Debt Recycling? (02:28)
  • What are some of the ways you can DR and how does it work? (03:48)
  • What happens if you need to sell some shares due to an unforeseen event? (21:26)
  • What happens if you don’t have a lump sum to invest? Can you DR with dollar-cost averaging? (23:04)
  • Are there any products on the market that make DR any easier? (26:42)
  • Can you explain your tip “Repayment needs to be done once in full”? (28:30)
  • Can you use a fixed loan with DR or does it have to be variable? (29:30)
  • Is DR more or less effective if the interest rates were to rise? (31:27)
  • Can you still claim the interest if you redraw the money to increase leverage on a marginal loan to maximise purchasing power? (33:59)
  • Does the loan need to be in your name to get the total deductions? (35:37)
  • What happens if you refinance? (37:40)
  • What happens if you sell the PPoR later down the track? (41:07)
  • What happens if you convert the PPoR to an IP later down the track? (43:59)
  • Can you sell a chunk of your portfolio in order to pay down the loan, redraw it back out and then buy the exact same shares as before? (47:15)
  • What happens if the income from the trust is not enough to cover the interest on the loan? (49:14)
  • If your PPoR loan is P&I do you have to structure the loan agreement to the trustee as P&I as well? (51:06)
  • Can you DR with a trust if both the borrower and the trustee are the same person? (52:53)
  • Debt Recycling an investment property (54:03)
Links

www.aussiefirebug.com/podcast

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