About MoneyOnFIRE
Democratizing financial independence planning for everyone
Meet Scott & Sunny
Scott
Sunny
We're Scott & Sunny, the humans behind MoneyOnFire (MOF).
We believe everyone deserves the best tools to manage their finances and pursue financial independence effectively. That's why we're building tools to help people stop flying blind, reduce anxiety and get to financial independence as fast as possible.
Our Story
We are both personal finance nerds who independently discovered the financial independence movement. In 2018, we were introduced by friends and did what all finance nerds do - started discussing all the intricacies and hacks of financial independence.
Then we shared our spreadsheets we both used to manage our journeys…
Our Monster Spreadsheets
Both these spreadsheets were monsters - think 20+ tabs, formulas, macros and scenarios. They were calculating every month every dollar into every account. Sunny had a macro with state and federal taxes and took 20 seconds to refresh when you changed an input!
But even then, both of us felt they were imperfect:
- • We had simplified modelling of taxes and inflation
- • We had not modelled all of the different account types with high precision
- • We debated how to integrate college saving vs financial independence
- • We didn't just want to know when we could achieve FI. We wanted month by month routing of every dollar.
So we decided to merge our sheets into the 'uber' sheet. Over time started to ask for the sheet. We became those friends that people came to ask:
"Can I take a sabbatical?"
"Should I max my Roth or pay off debt?"
"When can I achieve FI?"
"How much should I save for my kids college and where?"
That's when we realized. This wasn't just a hobby anymore. It was a tool other people needed.
So we started building MoneyOnFire. Nights. Weekends. We quickly outgrew the spreadsheet and converted the 'engine' into code that we run on beefy servers. It's still just the two of us, but the FI community has made this bigger than we ever imagined.
Our Mission
Our mission is to democratize personal finance - to give everyone the tools to know what to save, where to save it, to pursue financial independence and manage other goals without anxiety and with clarity.
What We Do
We have built a sophisticated financial planning tools - that models every dollar every month, taxes (state, federal, capital gains, deduction rules, while earning and in retirement), inflation, every account type, debt payoff, housing.
Our goal is to give you clarity in your financial decisions about saving for college, financial independence, taking sabbaticals, paying off debt and living your best life.
Our Team
Scott & Sunny — Co-founders and the entire MoneyOnFire team (for now).
We've each spent close to 20 years working in financial services at both small and large financial institutions, building tech products, algorithms to invest and manage money. That experience gave us a front-row seat to how the system works and where the opportunities are.
Our Values
Democratize FI Planning
Making financial independence planning accessible to everyone
Being Your Nerds
So you don't have to spend 1000 hours figuring it out
Recreation Early
FI, Recreate Early - not Ramen-FIRE
We believe in Financial Independence, Recreate Early rather than Ramen-FIRE. It's about being intentional and living life to the fullest - not eating Ramen to get there faster.
Get Started
If you are ready to get control of your finances and accelerate your path to financial independence we are here to help you build a plan.
Start Building Your Plan