25 episodes

Girl on FIRE is a podcast helping women navigate their way through financial independence and retiring early. We talk about how to invest, what to invest in and how to grow your wealth so that you can continue living a life you love without going broke - even in retirement. We also discuss the unique issues and challenges that we face as women when building real wealth. Weekly episodes are hosted by budgeting and personal finance expert, Priya Rose Valentine. With over a decade of experience working as a finance professional, she's sharing what she learns on her own journey to FIRE. Finally, an investing podcast for women, by women!

Girl on FIRE Priya Karan - Paper Money Co

    • Business
    • 5.0 • 4 Ratings

Girl on FIRE is a podcast helping women navigate their way through financial independence and retiring early. We talk about how to invest, what to invest in and how to grow your wealth so that you can continue living a life you love without going broke - even in retirement. We also discuss the unique issues and challenges that we face as women when building real wealth. Weekly episodes are hosted by budgeting and personal finance expert, Priya Rose Valentine. With over a decade of experience working as a finance professional, she's sharing what she learns on her own journey to FIRE. Finally, an investing podcast for women, by women!

    What is Dollar Cost Averaging & How Does it Impact Your Wealth?

    What is Dollar Cost Averaging & How Does it Impact Your Wealth?

    🎙 Dollar cost averaging is a common investing strategy that’s often considered to be good for beginner investors and those investing under a long term buy and hold strategy. But it may not be the best option for you. How does it work? And how does using a dollar cost averaging strategy impact your wealth? 🤔
    This episode discusses topics like:
    🌟 How dollar cost averaging works and how you can implement this strategy;
    🌟 How dollar cost averaging can be beneficial for beginners and emotional investors; and
    🌟 How dollar cost averaging can increase your wealth and when it’ll result in you leaving money on the table.
    Links from this episode:
    Episode transcript and show notes: https://www.papermoneyco.com/24-dollar-cost-averaging
    Dollar Cost Averaging: Truth or Fiction study by Morningstar: https://www.morningstar.com.au/learn/article/the-dollar-cost-averaging-myth-why-lump-sum-i/197410
    Investment frequency calculator: https://investcalc.github.io
    Time codes:
    00:00 Hello & Welcome!
    02:11 What Is Dollar Cost Averaging and How Does It Work?
    11:38 FIRE & Investment Calculator Spreadsheet
    13:40 Advantages and Benefits of Dollar Cost Averaging
    16:55 Disadvantages of Dollar Cost Averaging
    21:30 How Priya Invests
    24:32 Next Weeks’ Episode
    Remember to:
    Join our exclusive community by becoming a Patron: https://www.patreon.com/girlonfirepodcast
    🤩 Subscribe so you don’t miss any future episodes.
    🏆 Rate and review the show on Apple Podcasts: https://www.papermoneyco.com/podcastreview
    Podcast reviews are crazy important to the iTunes algorithm. The more reviews we receive, the more likely we’ll be able to get this podcast in front of more people and grow the PMC Squad!
    💖 I'd be super grateful for your help in making financial education available to everyone.
    The advice shared on Girl on FIRE is general in nature and does not constitute financial advice. The information shared does not consider your individual circumstances. Girl on FIRE exists purely for educational purposes and should not be relied upon to make an investment or financial decision.

    • 26 min
    How Much Money Do you Need for Retirement (Does the 4% Rule Really Work?)

    How Much Money Do you Need for Retirement (Does the 4% Rule Really Work?)

    🎙 The 4% rule is a common rule of thumb used by financial experts for decades to determine how much money you need for retirement. But it’s not necessarily the best advice for a number of reasons, especially when you’re aiming to FIRE and retire many years earlier than traditional retirement. So why doesn’t the 4% rule work? And how do you then determine how much money you need to be able to retire? 🤔
    This episode discusses topics like:
    🌟 The biggest problem with the 4% rule that many financial experts overlook;
    🌟 Why the 4% rule isn’t the best tool to determine how much money you need for early retirement; and
    🌟 How to calculate your FIRE number.
    Links from this episode:
    Episode transcript and show notes: https://www.papermoneyco.com/23-4-rule-retirement
    The 4% rule of thumb for retirement withdrawals: https://www.thebalance.com/dont-confuse-these-two-retirement-rules-of-thumb-453920
    How to 4% rule works in retirement: https://www.thebalance.com/what-is-the-4percent-rule-in-retirement-2388273 
    Aussie HIFIRE: The 4% rule in Australia: https://aussiehifire.com/2018/11/21/sequencing-risk-the-trinity-study-and-the-4-rule-in-australia/ 
    Life expectancy at birth in 1998: https://www.cdc.gov/nchs/data/nvsr/nvsr48/nvs48_18.pdf 
    Wade Pfau: Retirement Researcher: https://retirementresearcher.com/the-4-rule-and-the-search-for-a-safe-withdrawal-rate/
    Time codes:
    00:00 Hello and Welcome!
    01:49 What Is the 4% Rule?
    05:14 Drawbacks of the Trinity Study and the 4% Rule
    15:35 FIRE and Investment Calculator Spreadsheet
    17:30 Portfolio Asset Allocation
    25:07 How Priya Determines How Much She Needs for Retirement
    31:16 Next Weeks’ Episode
    Remember to:
    Join our exclusive community by becoming a Patron: https://www.patreon.com/girlonfirepodcast
    🤩 Subscribe so you don’t miss any future episodes.
    🏆 Rate and review the show on Apple Podcasts: https://www.papermoneyco.com/podcastreview
    Podcast reviews are crazy important to the iTunes algorithm. The more reviews we receive, the more likely we’ll be able to get this podcast in front of more people and grow the PMC Squad!
    💖 I'd be super grateful for your help in making financial education available to everyone.
    The advice shared on Girl on FIRE is general in nature and does not constitute financial advice. The information shared does not consider your individual circumstances. Girl on FIRE exists purely for educational purposes and should not be relied upon to make an investment or financial decision.

    • 33 min
    How to Pay Off Debt Faster and Smarter (4 Successful Strategies)

    How to Pay Off Debt Faster and Smarter (4 Successful Strategies)

    🎙 It’s super important to pay off your high interest debt before you start investing and then continue paying off your debt while you’re investing. But paying off debt isn’t easy. And the longer it takes, the more returns you sacrifice in the market. But there is hope! This episode goes through some successful strategies you can use to pay off your debt smarter and faster so that you can start investing sooner and watch your money grow. But what are those strategies, and how do they work? 🤔
    This episode discusses topics like:
    🌟 Why making only the minimum payments on your debt will keep you in debt for as long as possible;
    🌟 Why you should start with a debt snowball and switch to a debt avalanche to become debt free; and
    🌟 How to freeze your credit card debt at 0% interest to pay it off faster.
    Links from this episode:
    Episode transcript and show notes: https://www.papermoneyco.com/22-pay-off-debt-faster
    Time codes:
    00:00 Hello and Welcome!
    04:02 How to Pay Off Debt Using a Debt Snowball
    09:45 How to Pay Off Debt Using a Debt Avalanche
    12:25 FIRE and Investment Calculator Spreadsheet
    14:19 Should You Use a Debt Snowball or a Debt Avalanche
    16:00 Reducing Your Debt With a Balance Transfer
    17:54 Become Debt Free Using Debt Consolidation
    20:34 Other Options for Reducing Your Debt
    23:11 Next Weeks’ Episode
    Remember to:
    Join our exclusive community by becoming a Patron: https://www.patreon.com/girlonfirepodcast
    🤩 Subscribe so you don’t miss any future episodes.
    🏆 Rate and review the show on Apple Podcasts: https://www.papermoneyco.com/podcastreview
    Podcast reviews are crazy important to the iTunes algorithm. The more reviews we receive, the more likely we’ll be able to get this podcast in front of more people and grow the PMC Squad!
    💖 I'd be super grateful for your help in making financial education available to everyone.
    The advice shared on Girl on FIRE is general in nature and does not constitute financial advice. The information shared does not consider your individual circumstances. Girl on FIRE exists purely for educational purposes and should not be relied upon to make an investment or financial decision.

    • 25 min
    5 Money Myths Preventing You From Living the Life of Your Dreams

    5 Money Myths Preventing You From Living the Life of Your Dreams

    🎙 Budgeting may be the foundation you need to start investing and building real, lasting wealth. But it’s often seen as a chore that no one wants to spend time on. It’s easy to keep making excuses and believing the myths that tell you budgeting isn’t going to work for you. But those myths are keeping you broke, keeping you miserable and stopping you from building the life of your dreams. It’s time to bust those myths and stop making excuses. 🤔

    • 25 min
    Why You Should Start Investing Before You’re Debt Free

    Why You Should Start Investing Before You’re Debt Free

    🎙 Popular advice will tell you to pay off your debt first before you start investing. But following that advice means that you could be leaving tens of thousands of dollars on the table when it comes time to retire. It’s important to set a solid financial foundation before you start investing. You need to learn how to manage the money you already have before you start making more. But that doesn’t mean you need to follow outdated and unhelpful (and often expensive) advice. But then, what comes first?

    • 22 min
    How to Calculate Your Savings Rate & Determine When You’ll Reach Financial Independence

    How to Calculate Your Savings Rate & Determine When You’ll Reach Financial Independence

    🎙 Savings rate calculation — the #1 factor that determine when you'll reach financial independence is your savings rate, learn how to calculate it and retire earlier than you every thought possible! 🤔

    • 21 min

Customer Reviews

5.0 out of 5
4 Ratings

4 Ratings

I.Don't.Have.1 ,

Solid financial advice

Even though I'm a bit older (47) than your average listeners, I'm a total noob when it comes to investing, financial freedom and am very far away from FIRE at the moment.
BUT, I hope that will change sooner than later thanks to Priya and all the wonderful advice she's giving on this podcast. She's covering all the bases (read: basics) and is also giving away tools that will help build our financial independence. Keep it up Priya, 5 Stars for you!

Cheryl303030 ,

Money talk that brings joy!

If you want motivation and good advice towards financial freedom, Girl On Fire delivers on all fronts. She not only talks the talk, she has a finance background and shares with you her hindsight from her real life experiences. Girl on Fire is relatable. Her content will make you enjoy talking about money and make you feel empowered to make the right financial choices.

Dante Flame ,

Can’t wait for more

Finally someone with the credentials and experience with money to back up what they say, really good start and can’t wait for more. Shared the podcast with my wife as she always says there isn’t any female specific advice out there and she was pleasantly surprised. Keep it up because we are both listening!

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