1836: Ask Farnoosh: Thoughts on FIRE Movement? Worth the Effort?

<p>In this week’s <em>Ask Farnoosh</em>, we’re diving into your money questions and breaking down the big headlines.</p><br><p>First up: What the Trump-backed budget bill could mean for your wallet. Farnoosh unpacks the Congressional Budget Office’s $2.4 trillion deficit projection and explains how the proposed tax cuts and spending reductions may impact interest rates, government programs, and your future taxes.</p><br><p>Then, in the mailbag:</p><p><br></p><ul><li>Is the FIRE (Financial Independence, Retire Early) movement right for you? Farnoosh shares her personal take and how she’s pursued financial freedom—without traditional retirement.</li><li>How to create a gift-giving strategy that feels generous and sustainable, plus tips for teaching kids to be kind <em>and</em> money-wise.</li><li>And: Adding bonds to your investment portfolio—why they matter, how to buy them, and how to hold them in your retirement account.</li></ul><p><br></p><p>For further reading on the Republican Budget Bill,<a href="https://www.npr.org/2025/06/04/g-s1-70435/cbo-trump-republican-bill-deficit" rel="noopener noreferrer" target="_blank"> check out NPR's coverage.</a></p> <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>