- Amy Blacklock is involved in 3 websites:
- We met Amy Blacklock at FinCon 2019
- She was featured in a CNBC.com article: These Late Savers Are On Track to Hit FI
- Amy’s life before FIRE was typical of most people. She equated continued success and life progress with the acquisition of material wealth.
- During Amy’s first marriage she fell into a pattern of lifestyle inflation: more expensive cars and houses. She didn’t save as much as she should have.
- She remarried and was still in spend mode. They bought an expensive Jeep Wrangler. But there was some unrest in her life.
- That led her to do more reading which eventually led her to the Mr. Money Mustache blog where she learned about FIRE.
- Her biggest take-away was to learn to put her ego aside. For example, cars as just transportation. So she exchanged her expensive Jeep Rangler for a Ford Focus.
- Amy describes her “why of FI” as travel which she didn’t do a lot of when she was raising her family.
- She describes her spending style today as mindful. She prefers experiences to things.
- Some of her friends and colleagues see her frugality as a step back.
- Her net worth came a long way in just 8 years.
- She says that the best thing about FI is that it gives you freedom to do what you want.
- One of her current projects is writing about conservatorship.
- One thing she would do differently is to start sooner.
- Amy says that even if you’re 50 or older, that there’s a lot to be gained by pursuing FI.
- For more information about Later2FIRE, read Why It’s Not Too Late to Join the FIRE Movement
Roy tastes a Corona Imperial which he is drinking because of its low carbs (he’s on the Keto diet). I taste Athletic Brewing Company’s Run Wild IPA which I think is the best tasting non-alcoholic beer I’ve tried – so far.
To listen to this episode of the Hop Spot click: FW 006 Hop Spot