I Hate My Job: LeanFIRE NOW!

[@DumbAccordionTricks]

FIRE started as an environmental movement, the philosophy being that you could live a better quality of life, while reducing your impact on the planet. Your idea that FIRE aspirants should aspire to increase their consumption and expenditure sadly goes against this respect for the environment and others, and what we know about how humans can be happy with less consumption.

[@DXmYb]

👎

[@johnnylee8194]

Eveything starts as virtue signal but its always questionable who is pulling string. Making green building materials still pollute earth same

[@DumbAccordionTricks]

@@johnnylee8194 reducing consumption has a genuine impact on the world and other people, it's not just 'virtue signalling'

[@BeatTheBush]

I certainly wouldn't want a giant mansion to heat and cool all the time. Perhaps one could hire someone to do the yard work as an example of higher spending. In this case, higher spending is not really higher impact on the environment. If you buy food at a restaurant or groceries, you could buy more expensive organic items. It'll cost you more but environmentally, it might be better as long as you make sure you eat everything and do not waste. I think you can probably Fat FIRE and still be environmentally friendly. Maybe one can buy those expensive solar panels in Fat FIRE one could not in Lean FIRE.

[@AGhostInTheMachine]

do you have children?

[@ltmsimply]

Well said. Lean Fire was the way I went. My blood pressure and hypertension is gone now that I tap out of paid work . Peace and freedom is priceless nothing else money can buy.

[@BeatTheBush]

Who knows what would've happened if you kept that blood pressure high. Good thing you got out.

[@Penelope416]

I agree. I value my time and freedom much more than a high end corporate job.

[@_Wai_Wai_]

nice. I try to ask myself, if a job is taking 10 -20 years off your life, is it worth it to stay in this job? When people trade their health for money, it could be a bad trade.

[@anitahamlin2411]

Instinctively people have been quitting and finding other ways to manage their lives. A traditional job does not work for everyone. Managing your life is far more important than the numbers you do it with!

[@RedandAprilOff-Grid]

Living a frugal and more minimalistic lifestyle & building and doing things ourselves is a fun challenge. Building a homestead is way more work than a 9 to 5 job, but also way more rewarding. 👍😊

[@Je.rone_]

I'm considering lean fire but moving to a low cost country, i enjoyed your podcast with Graham and jack!

[@luffydragneel5635]

which country are u considering brother?

[@Je.rone_]

@@luffydragneel5635 mexico i already speak spanish, or Taiwan i heard it is a pretty low cost of living and i want to learn mandarin

[@BeatTheBush]

Thanks! Might want to visit the low cost country to feel it out first. I went to Chiang Mai but it wasn't for me.

[@Grouch3682]

I love that you really do make a video based off out what’s relevant to how you’re feeling in the moment. It’s like these double as a video diary

[@BeatTheBush]

Thanks! This retirement thing has a lot of pros and cons I had no idea when going into it. I certainly would've wanted to hear all this before quitting.

[@liweih21]

@@BeatTheBush went thru whole vid, as mental enforcer to what is min what are $ money options

[@amandamoore8516]

I've semi-lean fired in the UK, (helped by extremely low fixed mortgage interest rates and our nationalised health care system), and working part-time. Saved a one year emergency fund first. Able to work as a freelance professional very part time and adopt a young child, and - actually spend a lot of time with my child who needs it. Have more job security with more freelance contacts than one employer and can take the little dude with me for meetings as it's a creative job.

[@Bran08Eman]

Regardless of stage, always be curious, productive and grateful. Avoid focusing on how good the financial future will be because you'll miss out on what you have now. Frugality is a virtue, however I have no problem spending on increasing my standard of living in a meaningful way. Educational travel or visiting elderly relatives. If my leisure budget is not spent like last year, I creatively spend it to make others happy. Lottery winning is the story this year. If needed, casino winnings next year. For me it's a big mistake to let on FIRE status.

[@FIDANNYO]

Great to see you posting consistently again, BTB!

[@BeatTheBush]

More to come!

[@whitedog510]

Most accurate description of what sharks do. “Bite stuff and be scary” 😂👍

[@b5thomas7]

That stigma of job lapses is scary - good point

[@didafm]

I think Fire is a good idea in Theory but you are better off keeping your job, or take a job that may pay less but is more tolerable.

[@BeatTheBush]

Depends what you do when you FIRE. You can either work at a job or work for yourself.

[@yavenay]

FIRE is about options. You can work or not work. That's the beauty of FIRE

[@MovieJustin]

The point is retiring early 😂 not working.

[@zeztro]

@@MovieJustin I think people are generally unhappy if they retire and do absolutely nothing. I think most people who retire at say 40 would rather do something they enjoy part time than the full time job they only did for the money.

[@jtt1928]

Thanks BTB…great advice!

[@johnnylee8194]

You are living it up and not staying at Motel 6 now . Good for you!

[@BeatTheBush]

Lol. Not sleeping in the car... XD

[@SolitarySparrow]

Great video, as always! getting to the leanfire number does little to change lifestyle, but may be the biggest milestone mentally. It really hits you with an existential crisis when you realize you're kind of insulated from poverty indefinitely, you get an inner peace as the valuation society gets nullified. Much more energy for creative strategies to explore what is it you really want out of life.

[@RUUDEBOI5]

I’m looking to retire this year. I just turned 32 this past November. Planning on getting an RV to not be locked into one location, rent out my paid off house that will generate roughly 25k-28k per year. Granted, if I get serious or get married then I’ll look to settle into a new home to raise a family.

[@yavenay]

I myself am lean fire and debt free including mortgage. I'm also single with no kids. I am lean FI but I live off of cash flow from my rental property. I'm fortunate in that I don't need to live off the investments. I just keep reinvesting the dividends and let it grow. I kind of see it as a big ole emergency fund. For now, my cash flow from my two rental properties pays all the bills plus gives me a little extra. I live in an lcol and monthly recurring expenses come to 14500.00 a year. My rentals give me about 25k a year (before taxes and maintenance) because one of them is paid off and one has a small mortgage on it and my primary residence is also paid off. The 25k gives me extra money even for minor emergencies like a 3500 surgery bill for my cat because she ate some plastic. I probably would not be comfortable living on my investments alone. My monthly bills are so low that generating a monthly cash flow to pay them is very easy. I love having my FI money as a backup and love watching it grow. It's there in case I should ever need it. Who knows, maybe my investments will grow large enough to be consider Fat Fire one day......now that would be sweet.

[@jasonfanclub4267]

Great to see you talk about the basics again

[@anelinck5375]

I could regular fire now, but I’m aiming for chubby fire. But knowing I could fire now, and that continuing to work is actually a choice, makes the job more bearable. The option of being able to say fuck it is liberating. But I do question the why continue to work a lot.

[@adisc7475]

​@@carennorthcutt7724 wow, 800/m for total living costs? What is your living situation if you don't mind? Also: any updates since you posted in case you get a notification?

[@twalke0555]

Good Advice - agree with much said here

[@YZsTravelAdventures]

Dude your video quality got better. Keep it up man. :D

[@bunnie1294]

I've come to the realization that I won't be happy just doing no work at all while my husband has decided that he will be very happy to not do any regular work lol. So we are going to save up a few more years for regular FIRE (not too extravagant and not too little) and then we will both quit and move to a country with a cheaper cost of living. We plan to travel the world first. Then after that, I plan to start a small business doing what I love about 20-30 hours a week. He will take care of me and the kids at home lol

[@whyjustwhy2168]

What is the business? I can't think of something I love enough to do

[@fuquantify]

Great stream of consciousness, BTB!

[@BeatTheBush]

Thank you kindly!

[@ReesesPieces81]

Housing costs are not 0 with a paid off home, but you know that already.

[@mjs28s]

Lean Fire is a great place to be. It means that you can chose to work or not and if you work you can do what you want. Simply take the income from your work as you wish path and just invest that to increase your investment income getting you closer to fat fire. Sadly, too many people think like it has to be all at once rather than something that you work to over time.

[@ZsuZsu0513]

Best video yet!

[@Ez_Ukulele]

I’d love to quit my job and teach/write music one day! ❤️

[@geekyprojects1353]

I like the progress plan from job to lean fire to fat fire. Simple and sound.

[@2ossy]

FIRE is so hard as an European. High end wages are so low compared to the US

[@danrodriguez2276]

We have a better quality of life though, FIRE is not necessary is most part of Europe… Until you don’t work in London 😂

[@Laddie999]

Lean FIRE is UBI, great observation. And I love this video. I’m doing this now. It’s fantastic!

[@thedopplereffect00]

UBI = massive inflation

[@rayiscoolandawesome]

I would work hard to afford a small home that I'd set as a base, rent it out when I go for rtw travel and finally return home when I'm just too sick to travel at all 😂

[@Nerdy_prepper]

Great video :) thank you!

[@lolomissa]

so tru. the health issues are my reasoning. 🙌

[@BeatTheBush]

I wish they track your stress levels and you have a daily quota for it at work. Like how they do for radiation at nuclear power plants.

[@lolomissa]

@@BeatTheBush 🤣🤣 that would be so helpful!

[@soc789]

If you move to Thailand or Portugal, housing could be 10 to 12k per year.

[@BeatTheBush]

Thailand? I thought housing would be around $300-500/month there.

[@Native722]

That job gap is tough to explain.

[@abhijitharakali]

If you are in love with something that is lucrative, pursuing it is the best way to go. The number one most valuable asset is time. However, if you don't have anything that you truly love, or the thing that you truly love simply cannot make you big money, then you are better off going through the regular grind like the rest. After all, efficient market hypothesis is the reality.

[@BeatTheBush]

Some endeavors are probably harder to make money than others while requiring some business sense.

[@fhaf33z]

Efficient market hypothesis is a reality? Where do you live, in a cave?

[@zanquinoe.s.7131]

Pretty much my case. The tricky part is meeting a partner with similar goals.

[@BeatTheBush]

Have to get creative? =D

[@zanquinoe.s.7131]

@@BeatTheBush The no kids part is easy but the being frugal part not.

[@leonnalee2675]

There is plenty of women who are frugal! If not i must be rare lol

[@zanquinoe.s.7131]

@@leonnalee2675 Indeed; by tricky part what I mean is meeting such a person considering part of being frugal (in my case) is not going out as much. Any ideas? (Serious question)

[@kaylaepperhart]

Start by not referring to us as "females" lol

[@rez3762]

BeatTheBush as a fellow retired person how do you stop yourself from getting bored. I have been retired for a year and I feel I’ve done everything I wanted

[@BeatTheBush]

Go back to work but be very selective about what you do. Do only what you want to do. Think of it as working out. All the hard work results in good pain. Same with working but you must do the hard work to feel the goodness.

[@SylvianLight]

meager existences are good for the environment🌳

[@stevestacy8525]

I beat the trend bouncing in Jan. Only spent years getting ready Burned by the financial Crises we all knew another Crises would happen. Bought ranch and flipped the bird at 42. Passive income Bussiness screw draining investments I’m greedy. GO BRANDON !!!

[@ianwatkins6202]

I don't own a house in my own country but I do own a place overseas 😊so I pretty much will have to leave my country when the time comes!

[@thomascurl5342]

Being happy with your current standard of living must be a great position to be in.

[@BeatTheBush]

I suppose if I suddenly won the lottery I might upgrade a few things. =D

[@thomascurl5342]

@@BeatTheBush I highly doubt you play the lottery. 😀

[@tyroneshoelaces9742]

20K a year? That is very tough to do! I am single and house paid off. Property tax is 3k. Car/home insurance is 1k. I pay estimated taxes too, about 1k quarterly. Everything else I put on my credit card and pay off the credit card each month, so that helps with zeroing in on what I spend each month, which is about 1.5k a month. And I do not buy much at all. I do eat very clean and buy fresh foods so that is about 300 month for one person. All that adds up to about 27k a yr! And that is pretty much living a simple life. No Starbucks and no eating out. A trip or two a yr.

[@johnnylee8194]

Things happen in life like car issues, health, gifts to family...so $20k should be more like 30 . Also forgetting not everyone has zero maintenance TSLA like you. But I respect your vision

[@BeatTheBush]

$30k sounds like a good buffer while aiming to spend $20k/year.

[@CaseyBurnsInvesting]

People hate their jobs but call Lean FIRE people crazy. I’d rather be crazy 😂

[@BeatTheBush]

Slowly dying in a cube is the real crazy.

[@sirdino6967]

@@BeatTheBush hahahahaha true BTB well said

[@audience2]

I'm ready for medium FIRE but am hanging on a bit longer to get to fat FIRE.

[@BeatTheBush]

Great goal to have. =D

[@kwokweng76]

i like this video francis!!

[@BeatTheBush]

Thanks!

[@justStardust940]

the world has changed so much in the past 2 decades that with just shelter, food, and internet access, you will have endless entertainment

[@BeatTheBush]

You can almost stay inside for your entire life? Still need some sun.

[@justStardust940]

@@BeatTheBush vitamin d supplements. skin cancer free too

[@amyx231]

I COULD…if I was willing to live in poverty. In theory if I retired now I’d have to get a part time job anyways. If only for the health insurance. I’m not sure I can live on $17k a year for Medicaid. Rent alone would be $1000 a month so….

[@janebaker4912]

Don't they call that barrister Fire?

[@amyx231]

@@janebaker4912 baristaFIRE

[@discorabbit]

Ikigai

[@Millnar]

Had me at $1m invested. 😭 Not even making anything close to saving that much. Probably going to have to work until I regular retirement

[@hodoprime]

Compound interest to get to $1M through investments. That will be a huge income source and easiest way to get to FIRE.

[@user-zu6fe9nk6u]

Helps he doesn't have kids

[@boodieaish626]

$20k per year? That's nearly impossible for the majority of people with a family. Health Insurance alone if you quit your job would be around $1k/month for a family of 4.

[@lolomissa]

health insurance premiums are tax deductible and if you are on a fixed income often state / govt plans are subsidized because the hellp the govt provides is based on your income. ex: covered california

[@BeatTheBush]

$20k is for just me. I think family of 4 would not be $80k but maybe $50-60k.

[@-whackd]

$20k a year is amazing in Thailand, Bali, and Vietnam.

[@funnyclown1994]

I'm a vietnamese, taking that $20k and go back to vietnam for retire would be good lol.

[@moneroxmr2130]

Can you make a video about the opposite argument on why maybe you should not quit your job and do nothing but rather find a better job that pays more and less stressful.

[@BeatTheBush]

Well... not nothing ... doing what you love to earn money after Lean FIRE. But I get what you mean... not Lean FIRE at all. Also, your suggestion is noted, I'll see what I can come up with.

[@Eleo828]

well said !

[@TheRetirementality]

I think lean FIRE is not really a thing. I think it gives false hope to people who want to FIRE but can't. You touched on it but I think people should be more honest with the lean FIRE people that its a bad idea. It is really just the path to FIRE. They need to keep working because they aren't ready to fire if they are lean fire.

[@BeatTheBush]

It's a bit of a shortcut and one probably should not stay lean FIRE for long. You are right, it seems most are going lean to reach FIRE. And if you are somehow earning money while LeanFIRE, you might not be really retired after all.

[@TheRetirementality]

@@BeatTheBush It seems like the younger people are the faster they think they need to retire. Like it doesn't count if you don't do it before 35 or something. I think it will be bad for them. I'm trying to impart some of my wisdom since I'm super old. lol

[@FinancialShinanigan]

Step below Lean FIRE is Ramen FIRE

[@Je.rone_]

Facts🎭

[@audience2]

Baked beans on toast in the parents house fire.

[@BeatTheBush]

Maybe Under the bridge FIRE? Homeless FIRE?

[@UnorthodoxMasterOfGames]

Embers

[@keralee]

Camp fire. Tipis are very comfortable way to live in a moderate climate!

[@kauigirl808]

I don't hate my job. I'm keeping it til I get let go or if housing goes in the dumps lol. Don't own a home 😭 I'll just rent a room til I die. Hope my social security is at least 20k annual. 😬

[@BeatTheBush]

Rent may increase much more than inflation and you see people being gentrified out of their neighborhoods. But yeah, owning a home these days is becoming increasingly difficult with the sharp increase in prices.

[@user-zu6fe9nk6u]

@@BeatTheBush Isn't it because California has all these insane zoning laws and licensing requirements that make it extremely difficult to build homes?

[@annajones9701]

36. My target was $6million but hell with that. Got $4.6 million in crypto and at market and plus $650k house paid and a $350k rental condo paid of. I expect my crypto to add a few more million in years to come - Shiba, bitcoin, Ethereum, cardano, Neo, Tron, Vechain.

[@BeatTheBush]

Whoa... such rich! Lean FIRE is way past, you're Fat fire!

[@annajones9701]

@@BeatTheBush depends who measure against. Is not much compared to others I know.

[@thedopplereffect00]

You've won the game, time to cash out.

[@emmaphilo4049]

Hey BTB, I am early for once🙌🙌🙌🙌

[@BeatTheBush]

Thank you!

[@jacquesleriche_]

Would love to know where you are? Are you travelling or did you get a new place?

[@zanquinoe.s.7131]

There is also a certain level of exposure in letting someone you are trying to get to know better that you are FIRE (have disposable income). For example; the chemistry changes to an investment course.

[@BeatTheBush]

You could possibly avoid this by saying you're self employed? It's likely true and wont give away your financial standing.

[@zanquinoe.s.7131]

@@BeatTheBush Thank you for the tip. Any tips on meeting frugal women?

[@lowkeyconvert8971]

the great resignation!

[@BrokeAgain]

Wish my 9-5 is enough, how about ppl who work 12-14hrs a day?

[@dahliapinkrah6627]

I'd love to have a basic level of income and then be able to dither around with random jobs. I'd probably feel differently if I actually had an investment that can fetch me $10,000 above every month, and then I can retire without worries

[@patrickr2686]

BTB are you watching the Rivian IPO??

[@jadexplores2100]

Please do Coast Fire 😊

[@rvanbeau2009]

If you live in Southern california all you really need is a van and a surfboard.

[@koolkevinc]

Paid off house = 0? property taxes?

[@manuvns]

Add 20k for travel and health care

[@funnyclown1994]

Hi there, I'm requesting a video for any kind of FIRE regarding immigrants who come from countries like Thailand, Cambodia, Vietnam.. etc who want to fire early backing where they originally come from.

[@AzumaRikimaru]

im completely lost on what you're saying... the sad truth is im 31 and have been homeless from 22- 30. I was able to find a place thanks to COVID stimulus and the buff in government assistance. However I found a full time job that, while only pays about 23k a year before taxes, I am struggling to find a way to set up myself for financial success. Would you advise I pay for a financial advisor? I watch a ton of your videos and graham stephan, and realize I need to get things set up soon! I am overwhelmed and ideally would like to start a family and be the provider. I suppose I should start finding a higher paying job, but I have school debt already and I feel like I could be spending any free time working on my health (it's bad, being homeless for nearly a decade kinda does that). Not only that, a higher paying job means I must pay higher taxes and more of my debt faster. I could go on about the mental gymnastics trying to get "ahead" is putting me through.... If not financial advice, any mental tips to get through this? Kind Regards

[@Zaerki]

23k a year before taxes isn't going to cut it, even if you have a good mindset. You need to focus on increasing your income. Learn new skills or challenge yourself in a new field. That's really the first step in your situation.

[@donaldlyons17]

@@Zaerki Please don't be too hard on him I only have 39K cash after 12 years of making 20K after taxes. But I love living on 15K so getting a better job even though it is hard is my objective too. I wish I knew what to tell the original commenter but going to get a skill is my best option but I have no idea if that would work for the other people.

[@cashmonyz]

waiting for 2 kids to move out...hard to lean fire with kids/college savings lol at ;;east thats what i keep telling myself lol

[@BeatTheBush]

Is it? I figure it's just a higher retirement number.

[@cashmonyz]

@@BeatTheBush lol yeah probably right

[@cashmonyz]

@@BeatTheBush daycare for 2 kids kicking my butt...1.6k-2k a month...just for daycare shheeesh

[@-whackd]

@@cashmonyz Wow. Have kids and then spend thousands per month for someone else (who is uninterested) to do the parenting. Lol!

[@cashmonyz]

@@-whackd yep life of working parents, but my kids know spanish, sign language, reads, and does simple math already at age 4....i know i didnt do any of that until 5-7 lol. daycare is investment in education these days

[@averagejoe9249]

I would love to work a job that has less stress, fun, and enjoyable when I 'retire'.

[@theforeignerinamerica1817]

Don’t like FIRE movements I think they are wrong all together. Enjoy life at its fullest with enough income produced by rentals and investments, not live like a peasant all your life because you hate your job! Get another one which pays better and keeps you happy and saving! Good video!

[@BeatTheBush]

Lean FIRE is indeed living like a peasant. Perhaps people who are looking to quit are just burnt out and need to take a break.

[@theforeignerinamerica1817]

@@BeatTheBush wrong way to live. Buy assets and have enough passive income to quit and live a normal happy life. Living like a peasant sucks having or not having a job.

[@didafm]

What do you think of Cathie Wood thinking there will be deflation not Inflation because of technology?

[@BeatTheBush]

I think the reduction in price produced by tech is not more than the increase in prices of many other things. So overall, your costs will still go up but you get a higher of standard of living.

[@yoyoyo5621]

i genuinely like my job but i wish i had more time to do other stuff as well :/ I feel like my work life balance is suffering. I dont really know how to solve my predicament

[@BeatTheBush]

I've had some older coworkers who have negotiated 3 work days instead of 5. I assume the pay may be reduced accordingly.

[@Joey-un3hy]

Employers are so narrow-minded in not considering people who takes a career break?! Even if you would be good for the job you’re filtered out because you have a career gap. Stupid really 🤯

[@norxcontacts]

It's ok to hate your job.

[@gerardjachymiak5822]

I am starting to like my job because I talk to people and make friends. ( I am uneducated 17 making almost $40k) thank you inflation I think DO NOT LEAN FIRE JUST DO A JOB YOU WILL ENJOY

[@DoveDaniels]

facts

[@solchau1]

Great video, but I've noticed you've been overextending the use of that blue Tommy Hilfiger shirt a tad bit too much. Perhaps, it's best for it to be retired? Why not wear your own merch and show that off for your potential customers?

[@BeatTheBush]

Sorry, I only have 3 shirts currently. XD Will get more shirts soon!

[@johnnylee8194]

Congrats on your TSLA gains!

[@BeatTheBush]

Thanks!

[@edwardtse8631]

If you can Lean FIRE early, why not work a few more year and fat FIRE or even get rich.

[@BeatTheBush]

Sometimes, work is intolerable. If the job is fun then sure, keep working.

[@AGhostInTheMachine]

ask yourself would you prefer giving those extra years of your finite life to an employer, or giving them to yourself/family and be free to choose how the hours of your day are spent

[@johnnylee8194]

Best thing to do is don't marry princess with no money.

[@BeatTheBush]

lol.

[@vampirehunter12345]

Do you not plan on starting a family?

[@BeatTheBush]

Me? My plans are not set in stone.

[@danicha1464]

@@BeatTheBush stay single

[@VincentSun]

I see you got the FIRE back in your eyes, btb. No more bathrobe videos? Jk

[@BeatTheBush]

You are not kidding. It's true. =D

[@VincentSun]

@@BeatTheBush I noticed LOL. What happened? What clicked?

[@henrytaylor7377]

Are you still living at your house? Your background looks like a motel..

[@mynintendogamingfeed5208]

Lean Fire isn't for me. I'm saving 15% of my current yearly pay towards retirement. I'm doing "Fat Fire".

[@audience2]

15% is very low. You'll probably have to work a long time to have a brief fat fire at the end.

[@BeatTheBush]

Nice! Lean FIRE would be considered extreme.

[@AGhostInTheMachine]

then you're trading years of freedom for money, which to many people is not worth it because your lifetime is finite, you only have a limited amount of years here and you are opting to give them to your employer instead of yourself/family

[@sheldoncooper0]

SECOND

[@BeatTheBush]

Thank you!

[@wonung8122]

First

[@MiguelMOHGames]

Damn lol.

[@BeatTheBush]

Rise and shine! Thank you!

[@guntherwheeler_]

wow this sounds like a miserable way of living