▸▸▸Subscribe so you don’t miss an episode:
Listen to us on Spotify:
Listen to us on Apple Podcast:
▸▸▸Send us your questions:
After sharing our FIRE journey, we’ve met so many different people pursuing FIRE. We met single people, couples, couples with kids, people that have been divorced . . . and even kids themselves! In this episode, we answer a question related to single parents pursuing FIRE. As a single parent, is achieving FIRE feasible?
▸▸▸Enroll in our 365 Days to F.I.R.E. Program: Take part in our 365 Days to F.I.R.E. Program and develop your financial independence plan (including your stock investing plan and real estate investing plan) AND get your plans reviewed by us, attend 12 Live Q&As with us, complete daily F.I.R.E. related tasks, get assigned to a small accountability group, attend our meet-ups in Portugal, participate in our FIRE related book club . . . and more!
▸▸▸Enroll in our Stock Market Investing Course for Financial Independence and Retiring Early: Enroll in our new 21 module, 4-plus hour stock market investing course with more than 30 handouts of summary notes, homework assignments, and resources. Learn how to research and select investments, how to determine your asset allocation, how to rebalance your portfolio, how to optimize your investments for tax purposes, how to automate your investments, and much more (including a 19-page Investment Plan to work on)!
▸▸▸Enroll in our FIRE Master Class: This FIRE Master Class is designed for people interested in pursuing financial independence and retiring early. In the Master Class, we explain how to live off of your investments during early retirement; how to withdraw money from your investment accounts to support your living expenses during retirement; how to calculate your FIRE number; new and creative ways that you can save money; new side hustles for making money; how to invest in the stock market and in real estate; we discuss healthcare options in retirement . . . and MORE!
▸▸▸Enroll in our How to Move to Portugal Course: A Step-By-Step Course to Relocating and Living in Portugal: This course is designed for people interested in moving to Portugal. In the course, we explain the visa process, the documents you need to submit for your application, and the step-by-step process that we took to obtain our visas; we explain the residency permit process and how we obtained our residence permit here in Portugal; we explain the process for buying and renting a house in Portugal; we discuss healthcare, school options, and setting up NIFs, we explain taxes here in Portugal, and MORE!
▸▸▸Follow us on Instagram:
source
BELIEVE + TAKE STEPS = MAKE MORE $$$ Side hustle & save up to 70%❤Thank you.
This question hits home. It’s been my question too since following you guys but I have been modifying everything to what I can do.
I'm not sure what the issue is. She makes six figures, has only one child at home and has no debt. She's in a better position than most married people.
Omg, thank you for this!
Great question and episode!!!! Two things I'm surprised you didn't mention. One is the many tax relief options for single parents. The other is the fact that many families (including Amon and Christina) go through periods where one is not working or might be making much less, or even taking on more loans to go through school. Especially since the pandemic I feel that this has become the standard situation for many families I know. When it's the higher earner that lost the job it can get really hard. Add to that medical issues, e.g. if one person is unable to work for an extended period and the other has to not only pay but also care for more people at home. I think if you are single and high earner (like this lady 6+ figure income, we don't make that much together!), you might be multiplying that by two in your head and thinking how much better it would be, but in reality it's rarely like that. We have to shake off the mindset that the grass is greener on the other side and focus on our own situation and its leverage. With a 6fig income and common sense, and the stock market being at a great place to buy buy buy, this lady is in a really good place. All my best wishes!!
Another awesome session!!! I love it 🥰
Thank you for adding captions to the video!
Great episode! It would be great to do an episode on feasible side hustles.
S Y N E R G Y is U N D E F E A T E D . .
Great way to reframe a situation and seeing the positives. It is also important for couplers to be on the same page
I need this video
Great video
Thank you! As always, amazing Podcast!
I’m really enjoying everyone’s Q’s. It’s great to learn about scenarios and the things to consider to reach FI. Keep up the great work Christina and Amon. ❤
I'm single and not a mom. I would love to have a discussion for single person.
Yes, thank you for mentioning that real estate expedites the process.
I love these Podcasts. Great answers to these questions. I hit that like button. I always enjoy supporting fellow YouTubers.
Is so true! The mindset 👏 because not for all couples is easier. In my case…my partner is not on board and I'm the only one working for now…his business is not making money yet. Listening to her story I feel like she has an advantage!
Faith, mindset, goals, more faith, realistic goal focus and multiple streams of automated income generation.
I am glad you are featuring a question from a single momma!
Finally…a topic for me 😁
As a single parent I totally understand this question but you guys are right I focused on increasing my income and not focusing on others journeys but instead focus on what I can do to pursue FIRE for myself and my daughter 😁
Often as a widow I ask and answer my own questions🤣 You're right about having a spouse not on the same page. From my lips to God🤣🤣🙃😊