Kristy Shen on living the FIRE life and using money to “buy back time” + MORE Apr 4th

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Lacking financial literacy, young people are taking it into their own handsIn 2020, Jonathan Atwin and his partner jumped on the personal finance wagon, teaching themselves all about money and how to manage it better.

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Kristy Shen on living the FIRE life and using money to “buy back time”In their early 30s, Kristy Shen and Bryce Leung quit their high-paying jobs in software engineering to travel the world. The Toronto couple had $1 million in savings, but instead of taking the conventional route of home ownership, they packed their suitcases. Shen and Leung started sharing their adventures and investing approach on their blog, Millennial Revolution. In 2019, they published Quit Like a Millionaire: No Gimmicks, Luck, or Trust Fund Required (TarcherPerigee), a guide to achieving a FIRE—Financial Independence, Retire Early—lifestyle. We invited Shen to share her finance heroes, the best money advice she’s ever received, and much more.

Who are your finance heroes?

Warren Buffett, because he’s the greatest investor of all time and he advocates for index funds, which we use for our passive investing strategy. By winning a 10-year bet against a hedge fund investor, he proved that passive index investing wins over the long run compared to stock picking.

Aside from him, Mr…

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