54 episodes

My name is Michael and I am on a journey towards financial independence. Originally from New Zealand and now living in Ireland, I am happily married and a father of three boys. In 2017 I made the decision to start to journey towards financial freedom. I was sick of selling my time for money and realised that through the power of compounding interest, I could work towards financial independence. Join me as I discuss my journey towards financial independence and hear about the challenges and successes I have along the way.

The Irish FIRE Podcast Michael Houghton

    • Investing
    • 4.8, 22 Ratings

My name is Michael and I am on a journey towards financial independence. Originally from New Zealand and now living in Ireland, I am happily married and a father of three boys. In 2017 I made the decision to start to journey towards financial freedom. I was sick of selling my time for money and realised that through the power of compounding interest, I could work towards financial independence. Join me as I discuss my journey towards financial independence and hear about the challenges and successes I have along the way.

    Ep 54: Realisations of 2020

    Ep 54: Realisations of 2020

    In this episode, Michael reveals his realisations of 2020 and the changes he has made in response to learning from COVID 19.Apologies again for the sound quality on this episode, will have it fixed for the next episode.Show Notes:Open an account with Coinbase and get a €9 bonus:https://www.coinbase.com/join/hought_o2Latest Update on Forestry Crowd:https://www.forestrycrowd.comMortgage Broker - Get in touch with HughFirst Choice Financial Serviceshttps://www.fcfs.ie/team/hugh-mulcahyTo become a Irish FIRE Member:https://www.firepodcast.ie/register

    • 17 min
    Ep 53: Talking Bitcoin with Andy Edstrom

    Ep 53: Talking Bitcoin with Andy Edstrom

    In this episode, Michael talks with Andy Edstrom, who is an expert on everything Bitcoin.  He is a been a financial adviser for 7 years and was working in investors before then. We talk: - What its like to work on wall street. - Wolfe of Wall Street! - How a financial adviser turned to Bitcoin! - The advantages that Bitcoin has over other asset classes. - How Bitcoin can be a real life currency. - Why invest in Bitcoin Apologies for the sound quality of Michael's microphone in this episode!Show Notes Ray Delio - How the Economic Machine Workshttps://www.youtube.com/watch?v=PHe0bXAIuk0 Square Cash Apphttps://cash.app Buy Andrew's Book:https://www.amazon.co.uk/Why-Buy-Bitcoin-Investing-Tomorrow/dp/1733219609 Swan Bitcoinhttps://www.swanbitcoin.com Get in Touch with Andy: Twitter:https://twitter.com/edstromandrew Website:http://www.andyedstrom.com

    • 38 min
    Ep 52: Life After Rugby - The Jamie Heaslip Interview

    Ep 52: Life After Rugby - The Jamie Heaslip Interview

    In this episode, Michael talks with former Irish Rugby International Jamie Heaslip.  Jamie provides insights into what hes doing after rugby, but we also talk about the processing of success when playing rugby. Jamie talks about how he manages his investments, knowing that his rugby career was going to finish in his 30s. He talks about how he looks to create wealth, through investing in assets We talk about how Jamie is dealing with the COVID 19 crisis, based on how he dealt with the highs and lows on the rugby field. We talk about the process of beating the All Blacks in 2016 - and how the Irish were able to work backwards to work out a plan to beat the All Blacks. We talk about what success means to Jamie and how he goes about the process of achieving success. We talk about his involvement with Flender and how he sees the future of the P2P Industry in Ireland and the future of Flender.Quotes from the episode: "To create financial wealth, you need to own something" "Don't stick your head in the sand.... address things straight on." "Hard work beats talent a lot of the times" "People are very quick to pass over wins.... you need to get comfortable not being able to control everything" Follow Jamie on social media:https://twitter.com/jamieheasliphttps://www.instagram.com/jamieheaslip Sign up to Flender & Get behind Irish Business:https://bit.ly/2xgAVeR

    • 40 min
    Ep 51: Investing During a Downturn

    Ep 51: Investing During a Downturn

    In this episode Michael talks about how he is investing during a downturn. He talks about some of the mistakes he has made and how he is looking to invest going forward.He also gives an update on what happens in Grupeer and how he is thinking about managing his P2P portfolio moving forward.Show NotesFIRE Dating: https://firedating.meIrish P2P Platforms:Flenderhttps://www.linkedfinance.comhttps://www.propertybridges.comJL Collins - A Simple Path to Wealthhttps://www.amazon.co.uk/Simple-Path-Wealth-financial-independence/dp/1533667926

    • 18 min
    Ep 50: What is Money Anyway?

    Ep 50: What is Money Anyway?

    In this episode, Michael looks into the history of money and how the economy works.Mentions in the episode:- Coming off the gold standard- Fractional banking system- Understanding why central banks are printing money- Understanding that most of the money in our society is actually debt, not physical cash.He talks about how he is trying to leverage debt and is actively looking for new deals to generate income by leveraging debt, particularly with his new venture Forestry Crowd.Show Notes:How the Economic Machine Works - Ray Daliohttps://www.youtube.com/watch?v=PHe0bXAIuk0The History of Money:https://www.youtube.com/watch?v=2nBPN-MKefAInterested in learning about Forestry Crowd, visit:https://www.forestrycrowd.com

    • 14 min
    Ep 49: What's your Edge

    Ep 49: What's your Edge

    In this episode, Michael gives an update on life in Ireland since the Coronavirus outbreak. He mentions how he is taking new opportunities with the change of market conditions and what changes he has made since the Coronavirus.Michael talks about his edge that has allowed him to work 12 hours per week - he mentions that people who are on an FI journey typically find an edge that allows them either to make extra money or give themselves extra time (or both).He reveals his own edge and how he was able to adapt to make more money from his edge.Finally, Michael reveals a final thought on the current market crash and why it isn't always as easy to buy when there are so many great bargains out there!Become a FIRE podcast member for free at:https://www.firepodcast.ie

    • 11 min

Customer Reviews

4.8 out of 5
22 Ratings

22 Ratings

listonia.green ,

Take control

Great to follow Michael on his FI journey, inspiring us all to take control of our finances

Citch101 ,

Unbelievable

Encouraging others, unreal advise and great craic

NV1809 ,

Top Class Podcast

Great podcast.
Michael gives some great nuggets of information in a very clear and friendly manner.
He's very open and honest about his experiences to-date....the good and the bad.
He deserves many subscribers....spread the word !!

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