Episode #018

Talking about money
with friends & family

Maggie Tucker
with

Maggie Tucker

from Friends on FIRE

Notes

25 May 2022

Maggie has been talking about money with her friend Mike on the Friends on FIRE podcast for over 2 years.

Now, after 150+ episodes, Maggie has taken the plunge and retired early. Really early: Maggie reached financial independence before 40.

Maggie and I talk about why she quit work despite quite liking her work, about the difference between minimalism and frugality, and about quitting work at a time when inflation is up and the stock market is down.

But above all, we talk about talking about money, with your co-workers, your friends and your kids.

You can connect with Maggie and Mike on their web site www.friendsonfire.org or on Instagram @friends.onfire.

And you can find their podcast by searching for Friends on FIRE in your podcast player.

Subscribe

Search for The Quit Work Podcast in your podcast player

— or —

   

Pocket Casts Overcast Castro Amazon Music CastBox Player FM Deezer Podcast Addict

RSS feed — https://feeds.transistor.fm/the-quit-work-podcast

— or —

Subscribe to the channel

Browse episodes

Quotes

“I was tired, I was burnt out, I was getting a little bit jaded... I didn’t have the same zest and energy that I once had”

Maggie Tucker

from Friends on FIRE

on The Quit Work Podcast

“I was realizing that life is fleeting – I was seeing people around me dying at young ages, getting diagnosed with serious cancers – all the things that remind you that life is short”

Maggie Tucker

from Friends on FIRE

on The Quit Work Podcast

“I was looking at my finances and realizing that I had other options, I didn’t have to keep doing this to afford the things that make me happy in life”

Maggie Tucker

from Friends on FIRE

on The Quit Work Podcast

“We believe that talking about money is good for people: it leads to better relationships, a happier life”

Maggie Tucker

from Friends on FIRE

on The Quit Work Podcast

“When you start talking about financial topics, you go a lot deeper than the surface-level discussions that you tend to have with people”

Maggie Tucker

from Friends on FIRE

on The Quit Work Podcast

“People were constantly inflating their lifestyles over the years, and they had bigger houses, and fancier cars, and put in a swimming pool, and were members of country clubs”

Maggie Tucker

from Friends on FIRE

on The Quit Work Podcast

“It was the mindset shift of me walking away from a big title, a big salary, an ‘important’ job”

Maggie Tucker

from Friends on FIRE

on The Quit Work Podcast

“I’m very thoughtful about what I will or won’t spend money on: I really think about it”

Maggie Tucker

from Friends on FIRE

on The Quit Work Podcast

“It can mess with your head when you’re walking away from a pretty big pay cheque during a time when inflation is at its highest and the stock market is at its lowest”

Maggie Tucker

from Friends on FIRE

on The Quit Work Podcast

Follow The Quit Work Project on Instagram

Home ⋅ Podcast ⋅ Reasons ⋅ Contact

The Quit Work Project is brought to you by Kootenay Village Ventures Inc.