Mitchel Sneddon sits down with Hayden Smith, co-founder of Pearler, to unpack whether FIRE is still achievable and what actually drives financial independence today. The conversation moves beyond theory into the real levers — spending, income, behaviour and simple ETF investing — and reframes investing as a tool, not the solution.

Together they discuss:

– FIRE remains achievable, but outcomes are driven by income, spending and family choices, not markets alone

– Cutting spending is still the fastest and most controllable lever

– A simple rule of thumb that anyone can start with

– Many investors stall due to analysis paralysis on ETFs, when early decisions have minimal long-term impact

– Starting small builds engagement and accelerates understanding

– Growth vs income portfolios are shaped by tax position and psychology, not just returns or theory

– Investing is not the solution — earning more or spending less drives wealth, with investing acting as a catalyst

Resources for this episode

Buy Gemma’s book “The Money Reset”

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DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg

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