Ty from Camp Fire Finance – personal finance blog that’s taken over twitter and social networks. Ty had a late start on saving and has some great resources for families looking to get ahead.
[2:43] Tell us a bit about yourself
· Devilishly handsome blogger behind campfire finance and Get Rich Quickish
· Lives in Seattle with wife and 4 kids
· Trying to reach FI on a single income
[3:24] Who was your role model growing up? What lessons about money did you learn from them?
· Ty’s Pops and three brothers
· Ty’s dad worked extremely hard to support his family
· Started a restaurant business but ultimately sold it
· Ty was taught how to work hard and the value in it
· Developed a strong relationship
[6:26] Where did the idea for campfire finance come from?
· 3rd personal finance blog
· Ty doesn’t enjoy writing, it doesn’t come easily
· Maintaining a consist posting schedule is hard
· Started doing a Sunday roundup and realized it deserved to have it’s own site
· Chain of Wealth got featured on Campfire Finance
[10:35] You said you have 3 different PF blogs, what was number 2?
· Ty is a Gen X blogger and created Genxmoney.com
· Currently available if anyone is interested
[14:5] What are your goals for campfire?
· First year is about driving traffic and gaining traction
· The goal is to improve people’s finances and help personal finance bloggers reach new audience
· Ty got the FIRE bug and started his blog to improve his own finances
· It’s weird and honest for people to be so honest especially online
· The fact that Ty features so many people creates a safety net on his site
· Syndicating content is an art- you can’t just feature stuff you believe in you need to have an open mind
[19:54] If you could go back in time, what is something you wish you could change?
· The advice that you give yourself when you’re older has to hit at the right time and in the right way
· Encouragement is all Ty would give his younger-self.
Value Link Round
[22:45] Why do you think people struggle to achieve their dreams?
· People have dreams, but they don’t have goals
· Set specific and achievable goals to help you move in the direction you want to go
· Workback schedules have been a killer concept for Ty.
· You need to celebrate your goals
[26:44] Do you have any favorite books or podcasts?
· Sapiens a brief history of humankind
· The simple path to wealth
· Getting to yes – book has contributed over $100k over Ty’s life
[29:5] What’s your favorite quote?
· No success outside the home can compensate for failure within it
[30:21] Any last advice?
· Be tenacious with your financial goals
· The hype quickly fades