Is H.O.T the new F.I.R.E?

Image - Is H.O.T. the new F.I.R.E

Our second BE/NL FIRE meet-up is already in the books. Last weekend we came together with 28 other money and PF geeks, to talk about investing & financial independence specifically related to the Dutch and Belgium circumstances. And this time again we’ve had the fortune to be in good company with new but also many familiar faces from the meet-up earlier this year. In short, it was a great success.

During the Meet-Up, I had the pleasure to give a talk about F.I.R.E. in general, and in relation to our situation in Europe. The outcome was that because of some big differences in legislation, the build up in pensions and the closed mindset of Europeans, talking about it and reaching FI is far more difficult than it would be in the US.

Another outcome was that the equivalent of FIRE doesn’t really exist in the EU society, and possible nowhere else as well. Simply because the whole idea of an early retirement doesn’t cover what it actually means. Simply put, we don’t have a word or term for the kind of lifestyle we are creating for ourselves.

But we might have another that comes very, very close!

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What’s The Deal With FIRE in Europe?

EU-FIRE

When I started this blog in September last year, I did so with the thought there weren’t much Dutch or even European finance bloggers out there. Little did I know.

I’ve connected with the world of #FIRE through 2 top-notch bloggers out there, Jason Fieber (formerly known as Dividend Mantra) and MMM. When Dividend Mantra was no more, I quickly ended up looking for other blogs and found sites like Dividend Diplomats and later on some others as well. But it wasn’t for after I started Divnomics when I learned how big this community really was.

Still, it looks like the growing flow of FIRE and personal finance blogs has much more ground in the US than in Europe. How could that be, and is it really the case?

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