ChooseFI

In this episode: career changes, up-skilling, re-prioritizing, accruing debt for value, childcare, and emergency funds. The journey to FI is never linear. Sometimes we can find ourselves thinking the only way to meet our goals is to follow a strict plan, which can make adjusting said plan feel like a daunting set back. Well, our returning Households of FI guests Troy and Lindsay believe that flexibility during ones journey to FI can provide you with tremendous value! Making changes in your life, whether it's accruing temporary debt or changing careers, can actually lead to big time payoffs! While it may feel more secure to have a set trajectory with your financial goals, we know life gets in the way! So instead of sticking with a plan that isn't making you happy, try to stay flexible and evaluate all your options! Timestamps: 1:34 - Introductions 4:55 - Troy and Lindsay Update 12:10 - Avoiding Over Optimization 18:49 - Up-Skilling & Career Changes 27:56 - Upgrading Income and Re-evaluating Priorities 36:15 - Accruing Debt for True Value 40:20 - Emergency Funds 42:58 - Going On Autopilot 46:00 - Expenses and Childcare 50:34 - Evaluating Your Work and Worth 53:14 Raising FI Children 58:54 - Conclusion Resources Mentioned In Today's Episode: Introducing Our Households of FI!! Part 1 | ChooseFI Ep 221 Households of FI-Troy & Lindsay and Brad Calculate Their FI Number | ChooseFI Ep 241 Mr Money Mustache The Mad Fientist The Great Man Within Level Up In Tech Udemy A Cloud Guru TalentStacker's Salesforce Career Development Program The BiggerPockets Money Podcast 1500 Days to Freedom Should I Refinance My Mortgage? | Ep 167R New Retirement Negotiate Your Salary With Tori Dunlap | Ep 147 How to Negotiate Your Salary Without Burning Bridges | Financial Mechanic | Ep 211 "Raising Your Money-Savvy Family For Next Generation Financial Independence" By Carol Pittner and Doug Nordman Subscribe to The FI Weekly! More Helpful Links and Resources: Earn $1,000 in cashback with ChooseFI's 3-card credit card strategy Share FI by sending a friend ChooseFI: Your Blueprint to Financial Independence Track your personal finances with Personal Capital Keep learning or start a new side hustle with one of our educational courses Slash your cell phone bill without sacrificing service with Mint Mobile

In this episode: cybersecurity, password managers, two-factor authentication, safely navigating the internet, and more hot-seat questions! Have you ever considered how secure your finances are in the modern world? Within the cyber-dominated world we are all living in, it can be tough to stay on top of updates, passwords, and other necessary resources that help us keep our digital footprints safe. Well in order to provide you all with some high-level tips and tricks to stay ahead of the curve, we decided to have long time listener and cybersecurity expert Tom on the show this week to discuss how you can secure your online life. Keeping yourself secure and your assets safe is one of the best ways to ensure a progressive future as you move forward in the digital era while on your FI journey! You can find the link to Tom's Facebook thread here! Timestamps: 1:44 - Introduction 2:52 - Passwords and Password Managers 13:22 - Two-Factor Authentication 22:03 - Email Links 28:38 - Cyber Financial Risks 34:57 - Surfing The Web Safely 39:14 - Antivirus Software 43:57 - Public Wifi, Back-ups, and High-Level Tips 55:18 - Look Out For Elderly Loved Ones 58:38 - Tom Takes On The Hot Seat 75:01 - Conclusion Resources Mentioned In Today's Episode: Join ChooseFI's Facebook Group! Yubico Lastpass 1Password KeePass Why You Need A Legacy Binder JL Collins Die With Zero: Getting All You Can from Your Money and Your Life By Bill Perkins RunnersFI Suggested Books Libby Subscribe to The FI Weekly! More Helpful Links and Resources: Earn $1,000 in cashback with ChooseFI's 3-card credit card strategy Share FI by sending a friend ChooseFI: Your Blueprint to Financial Independence Track your personal finances with Personal Capital Keep learning or start a new side hustle with one of our educational courses Slash your cell phone bill without sacrificing service with Mint Mobile

In this episode: evolution, knowing the rules, making purposeful decisions, automation, and the return of the hot seat! In the advent of making money, oftentimes we can find ourselves torn between a state of over-saving through budgeting and cutting expenses, and over spending just because we have the means to. But is that what we really are looking for in our respective FI journeys? With thoughtful planning and proper action maybe we can happy medium between the two that doesn't feel over invasive. Today we are joined by Bo Loy to discuss the concepts of finding adventures that don't break the bank, purposeful decision making, and the perks of automating your money. Also we heard your feedback! Back by popular demand this week, Bo Loy will be answering questions in our freshly renewed segment, The Hot Seat! Timestamps 1:26 - Introduction 2:23 - Evolution and Perspective 9:12 - It All Adds Up 14:22 - Reviewing, Insurance, and HSA 24:11 - Knowing the Rules 32:00 - Tax Loss Harvesting 37:45 - Making Purposeful Decisions 44:02 - Finding Free Adventures 49:01 - Automation 66:17 - The Hot Seat Returns 79:10 - Conclusion Resources Mentioned In Today's Episode Early Retirement Extreme Mr Money Mustache HSA – The Ultimate Retirement Account in 2022 Go Curry Cracker | Capital Gains, Losses and The Roth Conversion Ladder | ChooseFI Ep 18 A Second Generation FI Case Study | Cody Berman FlytoFI | ChooseFI Ep 83 All The Hacks The High Cost Of Living Path To FI | ChooseFI Ep 41 JL Collins Brian Feroldi Check Out ChooseFI On Facebook Find Your Local Group! Subscribe to The FI Weekly! More Helpful Links and Resources: Earn $1,000 in cashback with ChooseFI's 3-card credit card strategy Share FI by sending a friend ChooseFI: Your Blueprint to Financial Independence Track your personal finances with Personal Capital Keep learning or start a new side hustle with one of our educational courses Slash your cell phone bill without sacrificing service with Mint Mobile

In this episode: student loans, the impact of knowing, navigating the pandemic, the power of planning, and the freedom of FI! Tens of millions of people deal with student loan debt, and even with the recent news of loan forgiveness, there are still many who are left unequipped with the knowledge of the best ways to repay these debts without sacrificing from their lifestyle. Today we are rejoined by Samm, aka "The Debtist," to get an update on how she has been navigating paying off her student loans, as well as how her financial mindset has changed over the last 4 years. Just because you take on debt does not mean you have to deprive yourself of the life you want until the debts are paid off! By changing your mindset to one of abundance of opportunity rather than scarcity of opportunity, the path to FI can open many doors for you! Paying down your loans, entering into new professions, and not letting your money control your ability to find happiness are all just examples of what is possible while getting yourself out from debt! The Debtist: Website: The Debtist Instagram: @thedebtist Timestamps: 1:25 - Introduction 1:50 - Sam's Student Loan Story 6:34 - Switching From IBR and The Impact of Knowing 10:48 - Navigating the Pandemic Pause 14:06 - The Freedom of FI 17:45 - The Aftermath of the Pandemic 24:56 - The Doors You Can Open By Shutting One 30:51 - The Power of Planning 38:18 - The End of the Pandemic Pause 46:35 - Conclusion Resources Mentioned In Today's Conversation: HyperDebt | The Debtist | ChooseFI Episode 98 The Student Loan Planner The Student Loan Reset | The Student Loan Planner | ChooseFI Ep 391 Travel Rewards Refresher 2022 | Lyn Mettler | ChooseFI Ep 393 Travel Rewards: How To Travel The World For Almost Free (The Easy Way) | ChooseFI Ep 9 You Need A Budget (YNAB) Do You Need A Budget? | YNAB | ChooseFI Episode 165 Subscribe to The FI Weekly! More Helpful Links and Resources: Earn $1,000 in cashback with ChooseFI's 3-card credit card strategy Share FI by sending a friend ChooseFI: Your Blueprint to Financial Independence Track your personal finances with Personal Capital Keep learning or start a new side hustle with one of our educational courses Slash your cell phone bill without sacrificing service with Mint Mobile

In this episode: resilience, making good choices, letting go of limiting beliefs, attracting the energy you put out, and winning at life! What would you do if you were given a terminal cancer diagnosis? While it might not be the first thing that comes to mind, if you're able, the Boyd Dunleavey option is to develop a new positive outlook on life and the energy your omitting into the world, win your fight with cancer, and then proceed to run 11 marathons. Bad news comes to every single one of us, but how we process and handle that news is entirely up to us! Choose to handle it the right way, move forward with your life, and prioritize the things that matter to you. Despite what you may have been told, you have no idea where it could lead you ten years down the road! Boyd Dunleavey: Check out these sites to see if your someones much needed match! Be The Match One Match Two fantastic groups in the cancer community that Boyd loves and trusts! Gryt Health Man Up To Cancer Connect With Boyd Facebook: From Blood Cancer To The Boston Marathon Instagram: @from_blood_cancer_to_boston Timestamps: 1:22 - Introduction 2:49 - Choices Bearing Fruit/ Boyd's Backstory 11:42 - Taking The Better Path 20:04 - The News That Changed Everything 24:36 - Resilience and Pivoting 29:41 - You Could Be Someones Match 34:20 - Attracting The Energy You Put Out 39:16 - The Places Your Energy Can Take You 47:27 - The Boston Marathon 51:07 - It's a Choice to Make Good Choices/Ripple Effects 58:40 - Goal Setting, Financial Resilience, and Winning at Life! 68:34 - Let Go of Limiting Beliefs 71:00 - Conclusion Resources Mentioned In Today's Episode: "Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not!" by Robert T Kiyosaki "Rich Dad's CASHFLOW Quadrant: Rich Dad's Guide to Financial Freedom" by Robert T Kiyosake American Red Cross Todoist The Motley Fool Travel Rewards What Comes After Chase | Travel To Disney World For Nearly Free | ChooseFI Episode 31 Step-By-Step Guide to a (Nearly) Free Disney Vacation (2022) Atomic Habits | James Clear | ChooseFI Episode 157 The Student Loan Reset | The Student Loan Planner | ChooseFI Ep 391 Boyd Meeting His Donor Nathan! Subscribe to The FI Weekly! More Helpful Links and Resources: Earn $1,000 in cashback with ChooseFI's 3-card credit card strategy Share FI by sending a friend ChooseFI: Your Blueprint to Financial Independence Track your personal finances with Personal Capital Keep learning or start a new side hustle with one of our educational courses Slash your cell phone bill without sacrificing service with Mint Mobile

In this episode: Travel Rewards, Credit Cards, and The Value of Rewards Points. We all know that it can be expensive to travel, and sometimes the joy and excitement of taking that long-awaited family vacation can be overshadowed by the cost of taking the trip. But what if there was a more efficient way to travel that doesn't feel like you are breaking the bank? Well, with effective planning and the right tools this is entirely possible! This week we are once again joined by Lyn Mettler who will discuss to maximizing your spending in a way that does not deprive you, but rather rewards you! Lyn Mettler: Check Out Lyn's Free eBook How to Earn the Southwest Companion Pass! Timestamps: 1:30 - Introduction 3:50 - Credit Cards 7:50 - The Value of Points 16:53 - Two-Player Mode and The 5-24 Rule 20:35 - Where to Start With Travel Rewards 25:03 - Limitations and Strategy 31:33 - Why This Works With FI 33:31 - The State of Travel Part 1 37:15 - Award Charts and Wiggle Room 41:28 - Points and Hotels 48:25 - The State of Travel Part 2 50:31 - The Booking Order 58:44 - Conclusion Resources Mentioned In Today's Episode: The Chase Sapphire Preferred® Card Review ChooseFI's List of Travel Rewards Cards Travel Rewards: How To Travel The World For Almost Free (The Easy Way) | ChooseFI Ep 9 Travel Rewards What Comes After Chase | Travel To Disney World For Nearly Free | ChooseFI Ep 31 Travel Rewards | Marla Taner | ChooseFI Ep 77 Families Fly Free | ChooseFI Ep 353 Turo Airbnb Vrbo Vacasa David's Vacation Club Subscribe to The FI Weekly! More Helpful Links and Resources: Earn $1,000 in cashback with ChooseFI's 3-card credit card strategy Share FI by sending a friend ChooseFI: Your Blueprint to Financial Independence Track your personal finances with Personal Capital Keep learning or start a new side hustle with one of our educational courses Slash your cell phone bill without sacrificing service with Mint Mobile

In this episode: Unlocking Freedom, The Optimized Path, Skilling Up, The Perpetual Money-Making Machine, and a New Era of ChooseFI. It is truly the end of an era at ChooseFI. After six years, over 400 episodes, and all the laughs shared along the way, Jonathan is taking a step away from show to explore a new chapter in his life. On his way out, he and Brad hopped on the microphones as co-hosts one last time to discuss the lessons they have learned making this podcast, some key points of consideration for your FI journey, and the absolutely amazing community that has been built around this podcast. This audience truly embodies the word crowd in the word crowdsourced. Best of luck to Jonathan on all his new endeavors, and be sure to tune in next week as Brad carries the podcast into its new era! Timestamps 0:57 - The End of an Era 5:00 - The Last 5 Years and The Evolution of FI 12:12 - Unlocking Freedom 15:57 - Math, Hope, and Time 19:47 - The Optimized Path 25:21 - The Perpetual Money Making Machine 34:16 - Skilling Up and Education 38:58 - The Value of Being Crowdsourced 46:36 - Reach Out To Us! 48:07 - Conclusion Resources Mentioned In Today's Episode Choose FI: Your Blueprint to Financial Independence Alan Donegan Coach Carson Scott Trench How Real Estate Investors Make it Work in High Interest Environments | Coach Carson | Ep 387 Mr. Money Mustache Side Hustle Nation Join ChooseFI's Facebook Group Book your custom student loan plan with Student Loan Planner Your Money or Your Life by Joe Dominguez, Vicki Robin, and Mr Money Mustache Find Your Local ChooseFI Group! Leave Us a Voicemail Subscribe to The FI Weekly! If You Want To Support ChooseFI: Earn $1,000 in cashback with ChooseFI's 3-card credit card strategy Share FI by sending a friend ChooseFI: Your Blueprint to Financial Independence Track your personal finances with Personal Capital Keep learning or start a new side hustle with one of our educational courses Slash your cell phone bill without sacrificing service with Mint Mobile

In this episode: student loan forgiveness, public service loan for forgiveness, and getting closer to loan forgiveness. How would you respond to finding out your looming student loan debts could be forgiven? Well for some of you that could be possible, but you need to act quickly! Travis Hornsby from The Student Loan Planner joins the show this week to discuss public service loans for forgiveness, and how a massive opportunity to tackle your student debt could be available to up to 25% of people with student loans, but only for a limited window of time! The deadline for applications for this waiver is currently October 31st, 2022 so listen along to see if this option can be applicable to you, and if so visit the link to book a consultation with The Student Loan Planner team ASAP! The Student Loan Planner Book a personalized consultation with The Student Loan Planner team (including an automatic $100 discount for ChooseFI listeners!) Timestamps 1:43 - Introduction 3:04 - The Public Service Loan for Forgiveness 4:51 - Public Service 6:05 - The Problem This Fixes 11:57 - Getting Closer to Forgiveness 16:21 - Why This is Urgent 21:13 - Deadline Information 22:54 - Slam Dunk Case Example 28:36 - Self Screening Test 30:20 - Conclusion Resources Mentioned In Today's Episode studentaid.gov Book Your Custom Student Loan Plan Student Loan Planner with Travis Hornsby | ChooseFI Ep 202 Student Loan Debt Repayment | Travis Hornsby | ChooseFI Ep 78 Subscribe to The FI Weekly! If You Want To Support ChooseFI: Earn $1,000 in cashback with ChooseFI's 3-card credit card strategy Share FI by sending a friend ChooseFI: Your Blueprint to Financial Independence Track your personal finances with Personal Capital Keep learning or start a new side hustle with one of our educational courses Slash your cell phone bill without sacrificing service with Mint Mobile

In this episode: marginal gains, prioritizing your present, purposeful living, impacting others, and goal setting. Whether you like it or not we all will eventually die someday, and when that time comes the last thing we want to do is to look back on our lives with regret. Oftentimes in life we let expectations, outside obligations, and future ambition rule over us in the present, without fully realizing we could be living our dream life in the present! Nobody understands this more than former hospice doctor Jordan Grumet (aka Doc G) who comes back to the show to discuss the importance of finding meaning in the way we approach our goals, and how becoming more intentional and present could lead to a more fulfilling and purposeful life! Jordan "Doc G" Grumet Website: jordangrumet.com Book: Taking Stock: A Hospice Doctor's Advice on Financial Independence, Building Wealth, and Living a Regret-Free Life Podcast: Earn & Invest Blog: DiverseFI Timestamps 1:27 - Introductions 2:30 - Sam's Story 6:29 - It's Not Bout The Goals, It's about The Processes 14:23 - Marginal Gains 17:33 - Prioritizing Yourself 23:24 - Your The Star of Your Own Story 27:20 - Making Ripples and Impacting Others 35:24 - What Would You Do if Money Wasn't an Issue? 41:36 - Money is a Tool and Measuring Friction 50:15 - Conclusion Resources Mentioned In Today's Episode Real Estate & Financial Independence Podcast with Coach Carson Ordinary Sherpa "Die With Zero" by Bill Perkins JL Collins "The Tail End" by Tim Urban Subscribe to The FI Weekly! If You Want To Support ChooseFI: Earn $1,000 in cashback with ChooseFI's 3-card credit card strategy Share FI by sending a friend ChooseFI: Your Blueprint to Financial Independence Track your personal finances with Personal Capital Compare, buy, and save big on insurance with Policygenius Keep learning or start a new side hustle with one of our educational courses Slash your cell phone bill without sacrificing service with Mint Mobile

In this episode: interpreting financial statements, utilizing financial statements, balance sheet statements, income statements, cash flow statements, and valuing a business for its purpose. Have you even wanted to learn the language of business? Not in a literal sense, by that we mean understanding the ways businesses communicate what their real value is to the general public and potential investors? Well if you have had this incredibly niche thought, you're definitely a member of the FI community, and you're also in luck! Brian Feroldi is back on the show to discuss financial statements and the information certain financial statements indicate, as well as act as your translator for the language of business! Understanding this language can be a massive help in your own decision making going forward! Brian Feroldi Twitter: @BrianFeroldi YouTube: Brian Feroldi Website: brianferoldi.com Timestamps 1:26 - Introduction 2:44 - Financial Statements 5:35- Read and Interpret 8:58 - The Three Main Financial Statements 13:33 - Balance Sheet Statements 22:09 - Utilizing Financial Statements 24:06 - Income Statements 30:04 - Claim on Earnings 33:58 - Cash Flow Statements 44:13 - Valuing a Business for it's Purposes 47:22 - Not All Businesses are Equal 50:16 - Conclusion Resources Mentioned In Today's Episode Warren Buffett and the Interpretation of Financial Statements: The Search for the Company with a Durable Competitive Advantage by Mary Buffett and David Clark https://www.fool.com/author/14471/ Stock Fundamentals With Brian Feroldi | ChooseFI Ep 200 Subscribe to The FI Weekly! If You Want To Support ChooseFI: Earn $1,000 in cashback with ChooseFI's 3-card credit card strategy Share FI by sending a friend ChooseFI: Your Blueprint to Financial Independence Track your personal finances with Personal Capital Compare, buy, and save big on insurance with Policygenius Keep learning or start a new side hustle with one of our educational courses Slash your cell phone bill without sacrificing service with Mint Mobile

In this episode: college hacking, career hacking, the power of starting early, trade jobs, and salesforce careers. How many times in the past have you been listening to this podcast and thought, "I wish I knew about this when I was younger." Well today's guest Zach actually had the foresight to start using the lessons he learned from this podcast at the ripe age of 18, and the results may be envy inducing! It's worth noting that not starting your FI journey at the age of 18 doesn't discredit you from a happy and financially independent life. But it's also worth noting that the sooner you start, the sooner you'll be able to reap the rewards, so start today! Timestamps 1:08 - Introduction and Zach's E-Mail 3:03 - What were you looking for when you found the FI community? 5:43 - Dual Enrollment 15:06 - Evaluating Your Education Options and Expenses 22:29 - Military Service and College Education 26:39 - First Job Out of College and Trade Jobs 35:05 - 20 Years Old, $65,000 Yearly Salary, No Debt, What Next? 37:04 - The Power of Starting Early 42:26 - Zach's Career Change 53:31 - Conclusion Resources Mentioned In Today's Episode Subscribe to The FI Weekly! Virginia's Community Colleges Miss Excel From Pandemic Layoff to $100k+ | A Salesforce Success Story |EP 297 Free Salesforce 5-Day Challenge Salesforce: A Lucrative Career and No Degree or Tech Background Needed If You Want To Support ChooseFI: Earn $1,000 in cashback with ChooseFI's 3-card credit card strategy Share FI by sending a friend ChooseFI: Your Blueprint to Financial Independence Track your personal finances with Personal Capital Compare, buy, and save big on insurance with Policygenius Keep learning or start a new side hustle with one of our educational courses Slash your cell phone bill without sacrificing service with Mint Mobile

In this episode: real estate investing, the fundamentals of real estate investing, real estate investing variables, interest rates, and private money financing. With today's real estate market is it even possible to get some skin in the game as an investor? While thing's aren't exactly optimal for buyers right now, if you are creative and informed with your decision making, it is absolutely possible to get in the game! Listen along as Coach Carson joins the show to discuss how this is still possible and ways the small and mighty investors continue to succeed in the real estate market! Chad Carson Website: coachcarson.com YouTube: Coach Carson TV Podcast: Real Estate and Financial Independence Podcast Timestamps 1:13 - Introduction 2:09 - Elephants In The Room 5:41 - What Is The Market Doing? 9:13 - Interest Rates 17:32 - Do You Even Go To A Traditional Bank Anymore? 24:28 - Unknown Variables 28:50 - Private Money Financing 38:15 - It Always Comes Down To Earnings 44:23 - Surviving 2008 51:08 - The Cost For Private Investors 59:38 - Conclusion Resources Mentioned In Today's Episode Redfin Zillow Paula Pant, Afford Anything Find your Local ChooseFI Group! BiggerPockets Forums Subscribe to The FI Weekly! If You Want To Support ChooseFI: Earn $1,000 in cashback with ChooseFI's 3-card credit card strategy Share FI by sending a friend ChooseFI: Your Blueprint to Financial Independence Track your personal finances with Personal Capital Compare, buy, and save big on insurance with Policygenius Keep learning or start a new side hustle with one of our educational courses Slash your cell phone bill without sacrificing service with Mint Mobile

In this episode: College Hacking, College Credits for less, ACE Courses, CLEP Exams, and The Most Cost Efficient Bachelors Degree A college education may be the most daunting expense members of the FI community have on their horizon. As we all know by now, the cost of modern higher education has skyrocketed and has shown virtually no signs of decreasing or even leveling off! However Gerry Born, also know as the Millionaire Educator, may have found a way to reduce the overall cost of said education while still retaining the aspect of freedom we in FI community hold so dearly. Listen along to see if this alternative path to a college degree could be applicable towards you or your loved one's futures! Millionaire Educator Website: millionaireeducator.com Twitter: @GerryBorn Timestamps 1:11 - Introduction 2:44 - The "College Experience" 6:55 - CLEP Tests 11:17 - Spending Credits 21:15 - The Cost Effective Option 25:35 - ACE Courses 28:48 - The Credit Stacking Experience 37:12 - Pairing This Methodology with the Classic College Experience 41:04 - The Most Optimized Bachelors Degree 47:32 - Using College to Learn Your Craft 52:53 - Conclusion Resources Mentioned In Today's Episode How To Test Out of College While You're Still In High School | Millionaire Educator | ChooseFI Ep 238 Sophia Learning Modern States Credly Study.com Sophia Learning's Partners A $7,500 College Degree in 12 Months? Subscribe to The FI Weekly! If You Want To Support ChooseFI: Earn $1,000 in cashback with ChooseFI's 3-card credit card strategy Share FI by sending a friend ChooseFI: Your Blueprint to Financial Independence Track your personal finances with Personal Capital Compare, buy, and save big on insurance with Policygenius Keep learning or start a new side hustle with one of our educational courses Slash your cell phone bill without sacrificing service with Mint Mobile

In this episode: Time as a Luxury, The Power of F-U Money, The Cost of DIY, Planning, and Decision Making. Even though time is our most precious non-renewable resource, the society we live in tends to take that fact for granted. Is working more to earn more really the most efficient use of your time? Possibly, but effective planning and delegation of your resources can help you find a much better balance between the things you have to do to support your lifestyle, and the things you want to do throughout your life! Once time is spent you can't get it back, so plan accordingly so you can make the most of it! Timestamps 0:56 - Introduction and Are Your Winning Life? 4:18 - Tax Abatement Feedback 11:30 - Credit Cards Purchases 19:34 - Crypto Exchanges 23:55 - Time is the Ultimate Resource 30:16 - Finding a Sweet Spot Between Frugality and Freedom 38:12 - The Power of Evaluating Your Options 46:55 - Planning Unlocks Freedom 53:29 - Conclusion Resources Mentioned In Today's Episode Functionality with Numbers | Ep 384 Subscribe to The FI Weekly! Join ChooseFI's Facebook Group! Playing With FIRE Discovering the Power of FU Money | ChooseFI Ep 321 If You Want To Support ChooseFI: Earn $1,000 in cashback with ChooseFI's 3-card credit card strategy Share FI by sending a friend ChooseFI: Your Blueprint to Financial Independence Track your personal finances with Personal Capital Compare, buy, and save big on insurance with Policygenius Keep learning or start a new side hustle with one of our educational courses Slash your cell phone bill without sacrificing service with Mint Mobile

In this episode: functionality with numbers, the rule of 74, decision making, free roles, and tilting the odds in your favor! Setting yourself up for success is one of the FI community's main ideals, but what is the best way to go about doing that? Well, to put it simply, math. While the mention of math may be enough to put some people off entirely, what if we told you basic math could be enough to prime yourself up for success? Simple addition, subtraction, multiplication, and division when applied right can have a huge impact on your personal finances! Listen along and see if there are any ways you could apply basic math into your own decision making going forward! Timestamps 1:00 - Introduction and Functional Numbers 2:47 - Rule of 72 7:44 - Math is Rad! 11:27 - Math and Opportunity Costs 18:38 - Decision Making 26:03 - Free Roles 33:54 - Credit Card Costs 39:52 - Hunting for Win-Wins 44:39 - Conclusion Resources Mentioned In Today's Episode The Tim Ferris Show Episode #604 Edward O. Thorpe How To Decide With Annie Duke | ChooseFI Ep 262 "Thinking in Bets" by Annie Duke Risk Parity Radio The Simple Path to Wealth Subscribe to The FI Weekly! If You Want To Support ChooseFI: Earn $1,000 in cashback with ChooseFI's 3-card credit card strategy Share FI by sending a friend ChooseFI: Your Blueprint to Financial Independence Track your personal finances with Personal Capital Compare, buy, and save big on insurance with Policygenius Keep learning or start a new side hustle with one of our educational courses Slash your cell phone bill without sacrificing service with Mint Mobile

Topics in this episode: lifestyle design, coast fi, slow fi, identity, career, and creating the life you want. Sometimes it can be hard to separate what you do for a living from who you are as a person. Also, financial situations and limited resources can make you feel stuck living a life that doesn't align with your interests and values. But fear not for this is a cycle that can be broken! Listen along as Lauren from "The Fioneers" joins the show and walks through steps you can take to potentially unlock some more freedom in your life! Jessica From The Fioneers Website: The Fioneers Coaching: Design A Life You Love Twitter: @TheFioneers Instagram: Thefioneers Facebook: Slow FI Enthusiasts Timestamps 1:04 - Introductions 1:56 - Jessica Update 5:23 - What Do You Want To Be When You Grow Up? 12:03 - Identity and Career 18:35 - Slow FI and Coast FI 27:12 - It's Not Set In Stone 32:44 - Fear and Creating The Life You Want 41:38 - From Passion to Career 45:05 - Conclusion Resources Mentioned In Today's Conversation Managing Stress by Leveraging FI | The Fioneers | Ep 229 A Deep Dive into Lifestyle Design Coast FI vs. Slow FI: What's the Difference? You are Not Your Work: How to Reclaim Your Identity Subscribe to The FI Weekly! If You Want To Support ChooseFI: Earn $1,000 in cashback with ChooseFI's 3-card credit card strategy Share FI by sending a friend ChooseFI: Your Blueprint to Financial Independence Track your personal finances with Personal Capital Compare, buy, and save big on insurance with Policygenius Keep learning or start a new sidehustle with one of our educational courses Slash your cellphone bill without sacrificing service with Mint Mobile

In the week's episode, Brad and Jonathan examine the current state of the housing market and discuss different ways in which risk can be controlled. It seems like we are currently living in some of the most interesting financial times ever to have occurred. Crypto currencies are seemingly disappearing overnight, interest rates are shooting up, and the inflation rate continues to climb! While all of these examples can cause one to be fearful, preparation and attention to detail are two traits that allow those in the FI community to stay calm! Identify your fears, control situations where you are taking on risk, and continue crushing your journey down the path to FI! Timestamps 0:58 - Introduction 2:01 - The Tail End 5:58 - The Most Interesting Financial Times 13:26 - Housing 18:22 - Conversation With A Friend 26:06 - Components of The Monthly Payment 34:40 - 40 Year Mortgage and Renting 45:20 - 10% Intrest Rates 53:05 - Crypto Sidecar 57:15 - Crypto Security 61:39 - Conclusion Resources Mentioned In Today's Conversation The Tail End Subscribe to The FI Weekly! Common Sense Spending Guidelines | Housing | Ep 381 Blockchain, Smart Contracts, and NFT's | EP 361 Blockchain, Smart Contracts, and NFT's Part 2 | EP 362 Pump and Dump | EP 323 If You Want To Support ChooseFI: Earn $1,000 in cashback with ChooseFI's 3-card credit card strategy Share FI by sending a friend ChooseFI: Your Blueprint to Financial Independence Track your personal finances with Personal Capital Compare, buy, and save big on insurance with Policygenius Keep learning or start a new sidehustle with one of our educational courses Slash your cellphone bill without sacrificing service with Mint Mobile

In this week's episode, Brad and Jonathan discuss different guidelines that can help ensure your mortgage won't infringe on your FI goals! Becoming an home-owner doesn't have to mean the collapse of your own financial stability! By planning ahead and working within your personal limitations, your journey to a happy, healthy, and simple life can continue unabated! Listen along to see if the common sense guidelines mentioned can be beneficial to your situation! Timestamps 1:02 - Introductions 3:01 - Insufficient Funds 11:55 - Tackling Overdraws 19:21 - What Can You Really Afford? 26:36 - The Bracket Breakdown 31:13 - FI-ifying Your Budget 35:13 - The Payment Breakdown 45:53 - Working The Table 53:46 - Mortgage Factors 57:30 - Make The Best Decision For YOU 68:43 - Conclusion Resources Mentioned In Today's Conversation Can I Get An Extension, Please? | ChooseFI Ep 372 TurboTax Subscribe to The FI Weekly! SmartAsset The Happy Philosopher Chad Carson Paula Pant If You Want To Support ChooseFI: Earn $1,000 in cashback with ChooseFI's 3-card credit card strategy Share FI by sending a friend ChooseFI: Your Blueprint to Financial Independence Track your personal finances with Personal Capital Compare, buy, and save big on insurance with Policygenius Keep learning or start a new sidehustle with one of our educational courses Slash your cellphone bill without sacrificing service with Mint Mobile 🌏 Exclusive! Grab the NordVPN deal ➼ https://nordvpn.com/choosefi Try it risk-free now with a 30-day money-back guarantee! ✌

In this week's episode, Brad and Jonathan discuss different routes you can take in order to create options for yourself with limited resources. Everyone has a finite amount of financial resources at their disposal and everyone is always questioning what they should be doing with what they have. While nothing is guaranteed, thankfully there are steps you can take to protect your resources and make informed decisions. Listen along as the guys discuss creating options for yourself and hopefully the information can be helpful towards dealing with uncertainty! Timestamps 0:56 - Introduction 1:59 - The Rule of 72 8:51 - Bitcoin Purchase and Computer Safety 16:57 - Crypto Crashes 21:42 - Intrinsic Value 28:04 - Guaranteed Returns 34:40 - Protecting Yourself 45:27 - Finding Options in Uncertainty 52:54 - Conclusion Resources Mentioned In Today's Conversation Dropbox Blockchain, Smart Contracts, and NFT's | EP 361 Subscribe to The FI Weekly! If You Want To Support ChooseFI: Earn $1,000 in cashback with ChooseFI's 3-card credit card strategy Share FI by sending a friend ChooseFI: Your Blueprint to Financial Independence Track your personal finances with Personal Capital Compare, buy, and save big on insurance with Policygenius Keep learning or start a new sidehustle with one of our educational courses Slash your cellphone bill without sacrificing service with Mint Mobile

In this week's episode, Brad and Jonathan welcome back Bradley Rice and Anita from Talent Stacker to discuss the hidden job market and how you can break into it! Many consider the best path to a successful career getting an education, claiming a certification or degree, and working your way up the corporate ladder. But what if there could be an alternative? Utilizing your current skills, developing some new skills, and successfully networking could be your key to unlocking the hidden job market and leveling up your career! Listen along to learn how Bradley and Anita took this path less traveled and see if it can be applicable to your life and career! Bradley Rice and Anita Website: Talent Stacker Podcast: The Salesforce for Everyone Podcast Timestamps 1:29 - Introduction 4:06 - Unorthodox Choices, Radical Results 13:52 - No Degree Needed and Developing Skills 23:35 - Overcoming Traditional Objections 29:04 - Finding Communities 32:03 - Personal Branding 37:22 - The Hidden Job Market 43:30 - Volunteer Experience and Interviews 55:10 - Compounding The Positives 59:10 - The Salesforce For Everyone Podcast 66:15 - Conclusion Resources Mentioned In Today's Conversation From Pandemic Layoff to $100k+ | A Salesforce Success Story | ChooseFI Ep 297 Making The Case For Part Time With Bradley Rice | ChooseFI Ep 117 Negotiate Your Salary With Tori Dunlap | ChooseFI Ep 147 Check Out The FI Weekly! The Role Of Bonds In A Portfolio | ChooseFI Ep 194 Are You as Diversified as You Think You Are? With Frank Vasquez | ChooseFI EP 313 Talent Stacker If You Want To Support ChooseFI: Earn $1,000 in cashback with ChooseFI's 3-card credit card strategy Share FI by sending a friend ChooseFI: Your Blueprint to Financial Independence Track your personal finances with Personal Capital Compare, buy, and save big on insurance with Policygenius Keep learning or start a new sidehustle with one of our educational courses Slash your cellphone bill without sacrificing service with Mint Mobile

In this week's episode, Brad and Jonathan dissect the idea of earning power being used as a weapon to combat inflation, and strategies you can implement to level up your income! One of the best ways to reduce the impact inflation has on your life is to out-earn the inflation rate. While that solution can easily fall under the umbrella phrase of, "easier said than done," there are actions you can take to make that process easier for yourself! Listen along as the guys discuss different strategies to approach raising your income and see if any of them can apply to you and your FI journey! Timestamps 0:55 - Introductions and Season's Change 5:37 - Times is a Resource 9:10 - Start With Spending 14:07 - College Cynicism 21:53 - The Career Freedom of FI 25:04 - Income Combatting Inflation 28:10 - Performance Reviews and Standing Out 36:15 - The Art of Salary Negotiation 43:00 - Influence 45:03 - The Script 51:31 - How Can I Improve This? 53:42 - Opportunity and Conclusion Resources Mentioned In Today's Conversation Glide Path to Retirement During Uncertainty | ChooseFI Ep 377 Subscribe to The FI Weekly! Early Retirement Extreme Career Hacking With ESI Money | ChooseFI Ep 23 How to Negotiate Your Salary Without Burning Bridges | Financial Mechanic | ChooseFI Ep 211 Glassdoor Influence: The Psychology of Persuasion by Robert B. Cialdini Salesforce: A Lucrative Career and No Degree or Tech Background Needed If You Want To Support ChooseFI: Earn $1,000 in cashback with ChooseFI's 3-card credit card strategy Share FI by sending a friend ChooseFI: Your Blueprint to Financial Independence Track your personal finances with Personal Capital Compare, buy, and save big on insurance with Policygenius Keep learning or start a new sidehustle with one of our educational courses Slash your cellphone bill without sacrificing service with Mint Mobile

In this week's episode, Brad and Jonathan discuss different ways to retain a sense of control along the path to retirement during times of uncertainty. While low points in the economy tend to cause worry, focusing on steps that can be taken to continue forward progress is what helps set the FI community apart! Join the guys as they discuss information that could help you navigate the murky waters ahead and continue along with your FI journey! Timestamps 1:02 - Disney and Travel Rewards 9:52 - Age of Uncertainty 17:41 - Controlling What You Can 20:35 - Returns and Inflation 26:09 - The Glide Path 27:49 - Series I Bonds 39:18 - Controlling Income and Expenses 48:10 - When The Market Turns... 52:47 - Conclusion Resources Mentioned In Today's Conversation Step-By-Step Guide To A Free Disney World Vacation Early Retirement Now The Retirement Manifesto Your Money Or Your Life By Vicki Robin, Joe Dominguez, and Mr Money Mustache Drawdown Strategy | The Retirement Manifesto | ChooseFI Ep 43 What Does Inflation Mean For Investors With Big ERN | ChooseFI Ep 331 Subscribe to The FI Weekly! If You Want To Support ChooseFI: Earn $1,000 in cashback with ChooseFI's 3-card credit card strategy Share FI by sending a friend ChooseFI: Your Blueprint to Financial Independence Track your personal finances with Personal Capital Compare, buy, and save big on insurance with Policygenius Keep learning or start a new sidehustle with one of our educational courses Slash your cellphone bill without sacrificing service with Mint Mobile

In this week's episode, Brad and Jonathan welcome Sean Mullaney back onto the podcast to discuss the four backstops of the Four Percent Rule! While many in the FI community consider the Four Percent Rule to be a pillar for retirement planning, these relatively unknown backstops could save or enhance your retirement as you continue along the path less traveled! Listen along to see if any of these backstops could apply to you and your own future planning! As always, the discussion is general and educational in nature and does not constitute tax, investment, legal, or financial advice with respect to any particular individual or taxpayer. Please consult your own advisors regarding your own unique situation. Sean Mullaney and ChooseFI Publishing are currently under contract to publish a book authored by Sean Mullaney. Sean Mullaney Website: The FI Tax Guy Blog: The FI Tax Guy Blog Timestamps 0:59 - Introductions 1:37 - The Four Percent Rule and Inflation 12:20 - Annual Expenses 14:19 - Decline in Energy and Expenses 22:14 - Social Security 30:53 - Downsizing and The Reverse Mortgage 38:53 - Later Years Backstops 43:21 - Mortality 48:48 - Conclusion Resources Mentioned In Today's Conversation The Four Backstops to then Four Percent Rule Financial Resilience in a Bear Market | ChooseFI Episode 172 Early Retirement and Social Security Early Retirement Now Financial 180 If You Want To Support ChooseFI: Earn $1,000 in cashback with ChooseFI's 3-card credit card strategy Share FI by sending a friend ChooseFI: Your Blueprint to Financial Independence Track your personal finances with Personal Capital Compare, buy, and save big on insurance with Policygenius Keep learning or start a new sidehustle with one of our educational courses Slash your cellphone bill without sacrificing service with Mint Mobile

In this week's episode, Brad and Jonathan continue along their, "Financial Independence A to Z," journey by examining savings rate and the many different ways it can be calculated! One of the pillars that sets the FI community apart is the emphasis on saving money in order to unlock more in your life. So, by having the right tools needed to calculate your savings rate, you can begin to make adjustments and hopefully start the process of taking back your time! Timestamps 0:59 - Introductions 4:30 - Ben's Question 7:41 - How Do You Calculate Your Savings Rate? 12:00 - Why Savings Rate Is Important 18:25 - Nuances In Saving 21:55 - Calculation Example 28:15 - Scenario Three 37:57 - Looking At The Nuances 46:56 - Conclusion Resources Mentioned In Today's Conversation Find The Article Mentioned By Brad and Jonathan Here! KiwiCo The Tim Ferris Show Check Out ChooseFI's Financial Independence A to Z series! Subscribe to The FI Weekly! If You Want To Support ChooseFI: Earn $1,000 in cashback with ChooseFI's 3-card credit card strategy Share FI by sending a friend ChooseFI: Your Blueprint to Financial Independence Track your personal finances with Personal Capital Compare, buy, and save big on insurance with Policygenius Keep learning or start a new sidehustle with one of our educational courses Slash your cellphone bill without sacrificing service with Mint Mobile

In this week's episode, Brad and Jonathan discuss a variety of tools that can help you stay on-top of your budget. Whether you create your own tracking systems or don't have any expense tracking systems in place yet, there likely is a tool mentioned in this episode that can help you get one step closer to your financial goals! Remember, keeping your expenses organized can help you take drastic steps forward in your FI journey! Timestamps 0:56 - Introductions 3:57 - Identity Statements and Failure 9:55 - The Post Tax Season Check-Up 13:33 - The Large Tax Return 17:34 - Simplifying Your Financial Life 22:34 - Loading Your Financial Tool-belt 26:25 - Tracking The Cost Of Your Life 34:53 - Tracking Softwares 42:17 - Envelope Systems 46:44 - Should You Use A Budgeting Template 51:56 - Conclusion Resources Mentioned In Today's Conversation The Stacking Benjamins Podcast Wellbeing Monthly Budget Tool Vertex42 Afford Anything With Paula Pant Tiller Money YNAB Do You Need A Budget? | ChooseFI Episode 165 Intuit Mint Dave Ramsey's Envelope System EveryDollar It's Your Money Excel Deluxe Envelope Check Registrar Personal Capital Subscribe To The FI Weekly! If You Want To Support ChooseFI: Earn $1,000 in cashback with ChooseFI's 3-card credit card strategy Share FI by sending a friend ChooseFI: Your Blueprint to Financial Independence Track your personal finances with Personal Capital Compare, buy, and save big on insurance with Policygenius Keep learning or start a new sidehustle with one of our educational courses Slash your cellphone bill without sacrificing service with Mint Mobile

In this weeks episode, Brad and Jonathan discuss some natural remedies your may find useful in your life, the economics behind the modern startup scene, and most importantly the basics pillars of financial literacy! Join the guys as they share their philosophy towards tackling financial literacy and why it is such an important topic to study. By knowing the rules of the game, maybe you can start to widen that gap between income and expenses! Timestamps 0:56 - Introductions 1:52 - Fulfilling Remedy Responsibilities 6:22 - WeWork and Startup Economics 12:47 - Increasing The Gap 17:11 - Picking a Career 20:20 - Financial Literacy A to Z 24:33 - Budgeting and Optimizing Expenses 32:42 - Automating Your Finances 36:06 - The Longterm Mindset 44:40 - Borrow and Protect 52:17 - Conclusion Resources Mentioned In Today's Conversation WeCrash ChooseFI's PreK-12 Curriculum The Rebel Entrepreneur With Alan Donegan Start Your FI Journey With ChooseFI! Subscribe to the FI Weekly! Financial Independence A to Z Joe Saul-Sehy The Mad Fientist If You Want To Support ChooseFI: Earn $1,000 in cashback with ChooseFI's 3-card credit card strategy Share FI by sending a friend ChooseFI: Your Blueprint to Financial Independence Track your personal finances with Personal Capital Compare, buy, and save big on insurance with Policygenius Keep learning or start a new sidehustle with one of our educational courses Slash your cellphone bill without sacrificing service with Mint Mobile

It's officially tax season! In this week's episode, Brad and Jonathan discuss tax extensions and share some of their experiences paying taxes in the past. No matter what walk of life you are in, at the end of the day we all have to pay taxes. As members of the FI community, we should do our best to stay calm and tackle the task! Timestamps 1:10 - Introductions 1:55 - Daylight Savings 5:18 - Viral Nightmare Tax Scenario 11:36 - Putting Aside Taxes 20:39 - Extensions 26:32 - The Not Genius Move 31:17 - Larger Than Expected Tax Bills 34:30 - Small Business and Side Hustles 37:53 - Conclusion Resources Mentioned In Today's Conversation Huberman Lab Podcast The Peter Attia Drive Podcast Fifth Wheel Physical Therapist NFTs For Newbies Podcast: "Taxes and NFTs Part 1 With Brad Barrett" NFTs For Newbies Podcast: "Taxes and NFT Part 2 With Brad Barrett" Subscribe To The FI Weekly! If You Want To Support ChooseFI: Earn $1,000 in cashback with ChooseFI's 3-card credit card strategy Share FI by sending a friend ChooseFI: Your Blueprint to Financial Independence Track your personal finances with Personal Capital Compare, buy, and save big on insurance with Policygenius Keep learning or start a new sidehustle with one of our educational courses Slash your cellphone bill without sacrificing service with Mint Mobile

In this week's episode, Brad and Jonathan are joined by author and friend of the show Brian Feroldi. After spending two years writing the book, Why Does The Stock Market Go Up? Brian is returning to the show once again to share with you the valuable lessons he has along the way! Join the trio as they discuss why the stock market goes up, down, and everything in-between! Brian Feroldi Twitter: @BrianFeroldi Book: Why Does The Stock Market Go Up By Brian Feroldi Timestamps 1:33 - Introductions 2:40 - Understanding The Market 7:07 - History Of The Dow Jones 13:19 - The NASDAQ 16:35 - Valuation 23:22 - The Future Is Inevitable 24:45 - Stock Splits 33:14 - What Are You Buying? 44:10 - Conclusion Resources Mentioned In Today's Conversation The Motley Fool Subscribe to The FI Weekly! If You Want To Support ChooseFI: Earn $1,000 in cashback with ChooseFI's 3-card credit card strategy Share FI by sending a friend ChooseFI: Your Blueprint to Financial Independence Track your personal finances with Personal Capital Compare, buy, and save big on insurance with Policygenius Keep learning or start a new sidehustle with one of our educational courses Slash your cellphone bill without sacrificing service with Mint Mobile

In this week's episode, Brad and Jonathan sit down with Joe Saul-Sehy, co-author of the book "Stacked" and co-host of the "Stacking Benjamins" podcast. Together, the trio discuss how to properly set goals for yourself and ways you can continue to move that needle along! If you stick to your timeline and ask the right questions, before you know it you could be on the right track! Joe Saul-Sely Website: joesaulsehly.com Book: "Stacked: Your Super-Serious Guide to Modern Money Management" by Joe Saul-Sehly and Emily Guy Birken Podcast: The Stacking Benjamins Podcast Timestamps 0:51 - Introductions 5:20 - Goal Setting And The Timeline 10:41 - Bad Questions And False Rabbit Holes 15:25 - Talking Family Finance 20:24 - Budgeting And Tracking 28:25 - Comparison Is The Thief Of Joy 32:21 - Financial Advisors 45:30 - Assets Under Management 51:51 - About "Stacked" And Where You Can Find It! 54:02 - Conclusion Resources Mentioned In Today's Conversation Information About The "Stacked" Book Tour Rob Phelan and The Simple Startup Franklin's Fortune Paula Pant and Afford Anything JL Collins and The Simple Path To Wealth Find Your Local ChooseFI Group! Subscribe to The FI Weekly If You Want To Support ChooseFI: Earn $1,000 in cashback with ChooseFI's 3-card credit card strategy Share FI by sending a friend ChooseFI: Your Blueprint to Financial Independence Track your personal finances with Personal Capital Compare, buy, and save big on insurance with Policygenius Keep learning or start a new sidehustle with one of our educational courses Slash your cellphone bill without sacrificing service with Mint Mobile

What happens when an unstoppable force meets an immovable object? In this week's episode, Brad and Jonathan continue their discussion from last week about clarity and goal setting, but this time they focus on ways to circumnavigate the seemingly immovable objects in our lives. Overcoming objections that prevent us from the futures we want can actually be surprisingly easy if you adopt the right mindset. Become the unstoppable force that shatters those barriers holding you back! Timestamps 1:00 - Introductions 1:53 - Goals & The Aggregation of Marginal Gains 6:58 - Manifestation 14:55 - Clarity & What YOU Want 24:27 - Becoming The Unstoppable Force 30:10 - Controlling Monthly Expenses 35:12 - Car Payments 37:46 - Accounting For Your Mindset 42:43 - Conclusion Resources Mentioned In Today's Conversation "Goals!: How to Get Everything You Want -- Faster Than You Ever Thought Possible" by Brian Tracy Bigger Pockets "A Complaint Free World: How to Stop Complaining and Start Enjoying the Life You Always Wanted" by Will Bowen Subscribe to the FI Weekly! If You Want To Support ChooseFI: Earn $1,000 in cashback with ChooseFI's 3-card credit card strategy Share FI by sending a friend ChooseFI: Your Blueprint to Financial Independence Track your personal finances with Personal Capital Compare, buy, and save big on insurance with Policygenius Keep learning or start a new sidehustle with one of our educational courses Slash your cellphone bill without sacrificing service with Mint Mobile

In this week's episode, Brad and Jonathan kick off part one of a two episode series focussed on decluttering, de-noising, and de-stressing your life! What makes the FI lifestyle so special is it's ability to block out social norms allowing for us to build our own healthy, happy, and free lives! By decluttering your life, you can surround yourself with uplifting material that will help you continue your trek down the path less traveled. Timestamps 1:00 - Spring is Coming! 3:36 - Long-Term Thinking 7: 19 - Decluttering 15:15 - Tackling Social Prisons 23:10 - The Oasis 29:22 - Junk Mail and Saying No 37:30 - The Red X 40:50 - Conclusion Resources Mentioned In Today's Conversation The Happy Philosopher | The Happiest Man In The Room | ChooseFI Episode 48 Get Off The Hamster Wheel with Jonathan Backstory | ChooseFI Episode 4 7 Decluttering Tips to Organize Your Life in 2022 The Tim Ferris Show DMA Choice Opt Out Prescreen Valpack Opt Out Your Ad Choices Subscribe to The FI Weekly! Derek Sivers If You Want To Support ChooseFI: Earn $1,000 in cashback with ChooseFI's 3-card credit card strategy Share FI by sending a friend ChooseFI: Your Blueprint to Financial Independence Track your personal finances with Personal Capital Compare, buy, and save big on insurance with Policygenius Keep learning or start a new sidehustle with one of our educational courses Slash your cellphone bill without sacrificing service with Mint Mobile

In this week's episode, Brad and Jonathan unpack the problems that lie within modern retirement calculations and provide examples of how you can work around these flaws. As opposed to focusing on income, maybe it is better to learn how much our lives cost us. Expenses appear and disappear as life goes on, it is important to factor that in to your FI number! Timestamps 1:01 - Introductions 2:00 - Listener Feedback, Permaculture, and Libraries 6:55 - Annual Expenses 14:08 - The Retirement Smile 16:53 - Addressing That FI Number 22:21 - The Pile of Cash 30:45 - Upcoming Events! 32:07 - Major Purchases For Those Entering The Workforce 41:40- Conclusion Resources Mentioned In Today's Conversation Subscribe to the FI Weekly! The Art of Frugal Hedonism Root of Good JL Collins Early Retirement Now Flexible Spending Rules For Early Retirees | ChooseFI Episode 176 Camp FI Find Your Local ChooseFI Group Today! Join ChooseFI's Facebook Group! Risk Parity Radio If You Want To Support ChooseFI: Earn $1,000 in cashback with ChooseFI's 3-card credit card strategy Share FI by sending a friend ChooseFI: Your Blueprint to Financial Independence Track your personal finances with Personal Capital Compare, buy, and save big on insurance with Policygenius Keep learning or start a new sidehustle with one of our educational courses Slash your cellphone bill without sacrificing service with Mint Mobile

In this week's episode, Brad and Jonathan discuss the importance behind moment you decide it is time to make a change in your life. While making the decision to alter your life for the better is often easy, actually consistently carrying out that goal can be tough to do. We all hit road blocks, we all stray from our goals, but being able to correct your path is vital to actually changing for the better! Keep track of your progress and set yourself up to success! Timestamps 0:00 - Introductions 1:09 - Favorite Two Days of the Year/Berkshire Hathaway 6:18 - Bumming On The Couch Story 12:36 - What Are You Pivoting Towards? 16:07 - Making The FI Choice 19:43 - Journaling Thoughts 24:54 - What Compels Change? 29:50 - Accountability 33:10 - Subconscious Guard Rails 38:10 - 1% Changes Add Up 40:45 - The Goal of Paying Off Credit Card Debt 43:10 - Conclusion Resources Mentioned In Today's Conversation Berkshire Hathaway Letter to Shareholders "The Happy Body" by Aniela and Jerzy Gregorek Making Bold Moves with Dominick Quartuccio | ChooseFI Episode 355 The Why Of FI | ChooseFi Episode 038 How to Get Out of Debt | ChooseFI Episode 115R Debt 101: The Ultimate Guide to Debt If You Want To Support ChooseFI: Earn $1,000 in cashback with ChooseFI's 3-card credit card strategy Share FI by sending a friend ChooseFI: Your Blueprint to Financial Independence Track your personal finances with Personal Capital Compare, buy, and save big on insurance with Policygenius Keep learning or start a new sidehustle with one of our educational courses Slash your cellphone bill without sacrificing service with Mint Mobile

In this week's episode, Brad and Jonathan question the notion of needing to escape from your life. While we all get tired of the mundane nuances that life throws at us, we often escape these constrictions by frivolously spending money during the hours in which we own our time. Taking a break isn't the worst thing on earth obviously, but reclaiming our time and spending it with who or what we love can help erase the feeling of needing to escape from the world! Take a look outside, it doesn't look too bad right? Timestamps 1:26- 8:28 | Introductions and Super Bowl Commercial Discussion 8:28- 10:13 | Facebook Discussion 10:13- 11:47 | What If You Didn't Need To Escape? 11:47-14:26 | The Look Outside Test 14:26- 23:20 | How We Escape 23:20-32:05 | Compounding Healthy Hobbies 32:05-41:55 | A Life Without The Need For Escaping 41:55-43:43 | Conclusion Resources Mentioned In Today's Conversation "Factfulness: Ten Reasons We're Wrong About the World--and Why Things Are Better Than You Think" by Hans Rosling, Anna Rosling Ronnlund, and Ola Rosling "Your Money or Your Life: 9 Steps to Transforming Your Relationship with Money and Achieving Financial Independence" by Vicki Robin, Joe Dominguez, and Mr. Money Mustache Subscribe to The FI Weekly! If You Want To Support ChooseFI: Earn $1,000 in cashback with ChooseFI's 3-card credit card strategy Share FI by sending a friend ChooseFI: Your Blueprint to Financial Independence Track your personal finances with Personal Capital Compare, buy, and save big on insurance with Policygenius Keep learning or start a new sidehustle with one of our educational courses Slash your cellphone bill without sacrificing service with Mint Mobile

In this week's episode, Brad and Jonathan fixate on many different areas in life where improvements can be made and ways you could go about doing it! Whether it's your own cybersecurity, managing anxiety, or physical health, it is important for us to take care of ourselves in order to fully enjoy the life we are setting out to live. There are easy ways to make changes that could snowball into a brighter future for you! Resources Mentioned In Today's Conversation Hoopla Chris Hutchins - All The Hacks Library Extension for Chrome Making Bold Moves with Dominick Quartuccio | EP 355 How to Train for the "Centenarian Olympics" Jerzy Gregorek Interview | The Tim Ferriss Show "The Happy Body" by Jerzy and Aniela Gregorek "Die With Zero" by Bill Perkins Download Brian Feroldi's Anti Fragile Checklist Here! Subscribe to The FI Weekly! If You Want To Support ChooseFI: Earn $1,000 in cashback with ChooseFI's 3-card credit card strategy Share FI by sending a friend ChooseFI: Your Blueprint to Financial Independence Track your personal finances with Personal Capital Compare, buy, and save big on insurance with Policygenius Keep learning or start a new sidehustle with one of our educational courses Slash your cellphone bill without sacrificing service with Mint Mobile

Jonathan and Brad talk with Dan Sheeks about exactly what a 17-year-old should know when getting started on their financial journey. A detailed synthesis of this information can be found in Dan's book First to a Million. https://www.sheeksfreaks.com

In this week's episode, Brad and Jonathan continue their discussion from last week about digital asset investment! This time, they are taking a deeper look into decentralized finance and different ways that you can get involved in the digital asset realm if that is something you wish to do on your FI journey! Resources Mentioned In Today's Conversation Listen To Part One of Blockchain, Smart Contracts, and NFT's Here! OpenSea LooksRare Follow Brad on Twitter! Check Out Bao Bao Money Tree! Subscribe to The FI Weekly! If You Want To Support ChooseFI: Earn $1,000 in cashback with ChooseFI's 3-card credit card strategy Share FI by sending a friend ChooseFI: Your Blueprint to Financial Independence Track your personal finances with Personal Capital Compare, buy, and save big on insurance with Policygenius Keep learning or start a new sidehustle with one of our educational courses Slash your cellphone bill without sacrificing service with Mint Mobile Want to start your own journey to Financial Independence? Sign up for the free 5-Day FI Challenge here!

In this week's episode, Brad and Jonathan take a look at the blockchain and try to find where the actual value is within cryptocurrencies and digital asset investing. Join the guys as they define what certain digital assets are, discuss strategies for navigating the murky waters that is blockchain investing, and the importance behind not getting caught up in speculation! Remember to keep a long term mindset while working towards FI! Resources Mentioned In Today's Conversation Follow @BrianFeroldi on Twitter! Etherscan The Time Ferris Show | Episode 542 Check Out ChooseFI's Facebook Group! If You Want To Support ChooseFI: Earn $1,000 in cashback with ChooseFI's 3-card credit card strategy Share FI by sending a friend ChooseFI: Your Blueprint to Financial Independence Track your personal finances with Personal Capital Compare, buy, and save big on insurance with Policygenius Keep learning or start a new sidehustle with one of our educational courses Slash your cellphone bill without sacrificing service with Mint Mobile

In this week's episode, Brad and Jonathan discuss different ways in which you can position yourself to experience as many positive outcomes in your life as possible. Whether it's building credit, saving, investing, education, understanding the true meaning behind the word "compounding," or really any other aspect of your life, by knowing the rules and planning accordingly you can experience success in a manner that feels automatic at times. Carefully consider the ROI that comes with the decisions you make! Resources Mentioned In Today's Conversation Huberman Lab Podcast Check Out ChooseFI's Travel Episodes! Pre-Order Why Does The Stock Market Go Up? by Brian Feroldi The True Cost Of Car Ownership | ChooseFI Episode 022 If You Want To Support ChooseFI: Earn $1,000 in cashback with ChooseFI's 3-card credit card strategy Share FI by sending a friend ChooseFI: Your Blueprint to Financial Independence Track your personal finances with Personal Capital Compare, buy, and save big on insurance with Policygenius Keep learning or start a new sidehustle with one of our educational courses Slash your cellphone bill without sacrificing service with Mint Mobile Want to start your own journey to Financial Independence? Sign up for the free 5-Day FI Challenge here!

Now that you've done your beginning of the year audit, it's time to look at your finances through the lens of a SWOT analysis! In this week's episode, Brad and Jonathan examine the strengths, weaknesses, opportunities, and threats that may arise as you continue along your FI journey. By getting a strong grasp on the current state of your finances, hopefully you can begin to work towards turning your weaknesses into strengths, and your threats into opportunities! Resources Mentioned In Today's Conversation Join ChooseFI's Facebook Group! Sean Mullaney - The FI Tax Guy Early Retirement Now Your Money or Your Life: 9 Steps to Transforming Your Relationship with Money and Achieving Financial Independence by Joe Dominguez, Vicki Robin, and Mr Money Mustache Negotiate Your Salary With Tori Dunlap | ChooseFI Episode 147 How to Negotiate Your Salary Without Burning Bridges | Financial Mechanic | ChooseFI Episode 211 From Pandemic Layoff to $100k+ | A Salesforce Success Story | ChooseFI Episode 297 Sign Up for the FREE Salesforce 5-Day Challenge! 10 Ways to Increase Your Income With Alan Donegan | ChooseFI Episode 338 If You Want To Support ChooseFI: Earn $1,000 in cashback with ChooseFI's 3-card credit card strategy Share FI by sending a friend ChooseFI: Your Blueprint to Financial Independence Track your personal finances with Personal Capital Compare, buy, and save big on insurance with Policygenius Keep learning or start a new sidehustle with one of our educational courses Slash your cellphone bill without sacrificing service with Mint Mobile Want to start your own journey to Financial Independence? Sign up for the free 5-Day FI Challenge here!

Welcome to 2022! In this week's episode, Jonathan and Brad discuss starting your year by doing an audit of your current financial situation to highlight areas in which you can improve! It is critical to know how much you're taking home in income and what your expenses over the coming year will look like. That way you can start molding your journey to FI over the course of 2022! Resources Mentioned In Today's Conversation Subscribe to The FI Weekly! Check Out The FI Pathfinder! If You Want To Support ChooseFI: Earn $1,000 in cashback with ChooseFI's 3-card credit card strategy Share FI by sending a friend ChooseFI: Your Blueprint to Financial Independence Track your personal finances with Personal Capital Compare, buy, and save big on insurance with Policygenius Keep learning or start a new sidehustle with one of our educational courses Slash your cellphone bill without sacrificing service with Mint Mobile Want to start your own journey to Financial Independence? Sign up for the free 5-Day FI Challenge here!

In our final episode of 2021, Brad and Jonathan pick up where they left off last week as they continue to listen to your end of year wins! It is truly amazing to hear about all the accomplishments our listeners met in 2021, and we hope you continue to ride that momentum into 2022! Thank you for an amazing year, and we hope the future is full of many more wins within our amazing community! Resources Mentioned In Today's Conversation The Stages and Checkpoints of FI | ChooseFI Episode 324 Jillian Johnsrud Welcome To The FI Community | ChooseFI Episode 100 Playing With FIRE First-Time Home Buyer | BiggerPockets | ChooseFI Episode 312 Negotiate Your Salary With Tori Dunlap | ChooseFI Episode 147 How to Negotiate Your Salary Without Burning Bridges | Financial Mechanic | ChooseFI Ep 211 Sean Mullaney, The FI Tax Guy Families Fly Free | ChooseFI Episode 353 Follow Brad on Twitter! Follow Land Shark on Twitter! Setting up a Special Needs Trust | ChooseFI Episode 108 Subscribe to The FI Weekly! If You Want To Support ChooseFI: Earn $1,000 in cashback with ChooseFI's 3-card credit card strategy Share FI by sending a friend ChooseFI: Your Blueprint to Financial Independence Track your personal finances with Personal Capital Compare, buy, and save big on insurance with Policygenius Keep learning or start a new sidehustle with one of our educational courses Slash your cellphone bill without sacrificing service with Mint Mobile Want to start your own journey to Financial Independence? Sign up for the free 5-Day FI Challenge here!

Happy Holidays! However, the holidays are not the only reason we are festive around this time of the year. Join Brad and Jonathan as they celebrate your end of the year wins! This episode is dedicated to all the amazing steps our community members have made throughout 2021, and we hope you continue to make strides on your FI journey as we move into 2022! Congratulations to everybody who has made progress this year and stick around for part two coming out next Monday! Resources Mentioned In Today's Conversation Money Letters To My Daughter with Jackie Cummings Koski | ChooseFI Episode 161 Subscribe to The FI Weekly! Join ChooseFI's Facebook group! Control Your Tax Rate |013R| ChooseFI Episode 013 Eat Healthy and Save Money with the Laura Barrett Cookbook Salesforce: A Lucrative Career and No Degree or Tech Background Needed Physician On FIRE | FI For Medical Professionals | Financial Freedom Vs Financial Independence Join Your Local ChooseFI Group Crush Your Travel Costs With ChooseFI! Mr. Money Mustache The Mad Fientist If You Want To Support ChooseFI: Earn $1,000 in cashback with ChooseFI's 3-card credit card strategy Share FI by sending a friend ChooseFI: Your Blueprint to Financial Independence Track your personal finances with Personal Capital Compare, buy, and save big on insurance with Policygenius Keep learning or start a new sidehustle with one of our educational courses Slash your cellphone bill without sacrificing service with Mint Mobile Want to start your own journey to Financial Independence? Sign up for the free 5-Day FI Challenge here!

In this week's episode, Brad and Jonathan are joined by Dominick Quartuccio from "The Great Man Within" to discuss making bold moves while on the path to bettering yourself. Although it may be inconvenient, making one bold move can snowball into a life full of adventure, self-development, and unexpected happiness! Join the trio as they discuss what can dictate a bold move, signs that you may be ready to level up an area of your life, generating ideas for bold moves, and so much more! Dominick Quartuccio Website: The Great Man Within Podcast: The Great Man Within Resources Mentioned In Today's Conversation Design Your Future: 3 Simple Steps to Stop Drifting and Start Living by Dominick Quartuccio Design The Next Year of Your Life Masterclass Send us an email! [email protected] Design Your Future | Dominick Quartuccio | ChooseFI Episode 033 Drift | Dominick Quartuccio | ChooseFI Episode 096 Designing Your Year For 2021 | Dominick Quartuccio | ChooseFI Episode 270 If You Want To Support ChooseFI: Earn $1,000 in cashback with ChooseFI's 3-card credit card strategy Share FI by sending a friend ChooseFI: Your Blueprint to Financial Independence Track your personal finances with Personal Capital Compare, buy, and save big on insurance with Policygenius Keep learning or start a new sidehustle with one of our educational courses Slash your cellphone bill without sacrificing service with Mint Mobile Want to start your own journey to Financial Independence? Sign up for the free 5-Day FI Challenge here!

In this week's episode, Brad and Jonathan discuss planning your short and longterm FI goals in a manner that is realistic to your current situation. By taking an approach that favors longterm success as opposed to rapid growth, you can position yourself in a manner that will allow for luck to strike as you continue your FI journey! Be sure to plan for the probable and possible outcomes in your life! Resources Mentioned In Today's Conversation Last Pass 1Password Runaway Winners and the Balanced Portfolio with Brian Feroldi | ChooseFI Episode 350 Talent Stacker JL Collins' Simple Path to Wealth Financial Independence 101 If You Want To Support ChooseFI: Earn $1,000 in cashback with ChooseFI's 3-card credit card strategy Share FI by sending a friend ChooseFI: Your Blueprint to Financial Independence Track your personal finances with Personal Capital Compare, buy, and save big on insurance with Policygenius Keep learning or start a new sidehustle with one of our educational courses Slash your cellphone bill without sacrificing service with Mint Mobile Want to start your own journey to Financial Independence? Sign up for the free 5-Day FI Challenge here!

In this week's episode, Brad and Jonathan are joined by Lyn Mettler from "Families Fly Free" to discuss optimizing your travel rewards when traveling with family! Join the trio as they discuss different ways to utilize travel rewards programs so you can be one step closer to finally taking the vacations of your dreams! Lyn Mettler Website: Families Fly Free with Go To Travel Gal Podcast: Families Fly Free Podcast Resources Mentioned In Today's Conversation Travel Rewards: How To Travel The World For Almost Free (The Easy Way) ChooseFI Ep. 009 If You Want To Support ChooseFI: Earn $1,000 in cashback with ChooseFI's 3-card credit card strategy Share FI by sending a friend ChooseFI: Your Blueprint to Financial Independence Track your personal finances with Personal Capital Compare, buy, and save big on insurance with Policygenius Keep learning or start a new sidehustle with one of our educational courses Slash your cellphone bill without sacrificing service with Mint Mobile Want to start your own journey to Financial Independence? Sign up for the free 5-Day FI Challenge here!

In this week's episode, Brad and Jonathan are joined by Measure Twice Money's founder Cody Garrett! Together, they discuss important details about DIY financial planning, such as identifying where you do and don't need help with your financial planning, exercising the rational and reasonable approach when financial planning, and ways you can properly prioritize your spending! Also, the trio shares important information you should know before selecting a financial planner. Cody Garrett Website: Measure Twice Money Blog: Measure Twice Money's Blog Resources Mentioned In Today's Conversation Cody's Interview on FA Success Sean Mullaney Annual CFP Roundtable 2017 with Kyle Mast and Danny Kenny | ChooseFI Episode 058 Jorge Soriano - Financial Planning For Good Mike Powers - Manuka Financial XY Planning Network Measure Twice Money's Data Gathering Checklist If You Want To Support ChooseFI: Earn $1,000 in cashback with ChooseFI's 3-card credit card strategy Share FI by sending a friend ChooseFI: Your Blueprint to Financial Independence Track your personal finances with Personal Capital Compare, buy, and save big on insurance with Policygenius Keep learning or start a new sidehustle with one of our educational courses Slash your cellphone bill without sacrificing service with Mint Mobile Want to start your own journey to Financial Independence? Sign up for the free 5-Day FI Challenge here!

In this week's episode, Brad and Jonathan are joined by Sean Mullaney to get a jump start on 2021's tax planning season. Together, they discuss managing Backdoor Roth IRAs before the 12/31 deadline, changes to the relevant tax regulations, amended returns, solo 401k's for contractors and entrepreneurs, and so much more! Listen along to see if any of the information shared can be applicable to your own tax planning this season! Sean Mullaney Website: The FI Tax Guy Blog: The FI Tax Guy Blog Twitter: @SeanMoneyandTax Resources Mentioned In Today's Conversation Subscribe to the FI Weekly! The Backdoor Roth IRA and December 31st IRS Instructions for Form 8606 White Coat Investor's Backdoor Roth IRA Tutorial Solo 401ks, SEP IRA's, and the 2021 Stimulus If You Want To Support ChooseFI: Earn $1,000 in cashback with ChooseFI's 3-card credit card strategy Share FI by sending a friend ChooseFI: Your Blueprint to Financial Independence Track your personal finances with Personal Capital Compare, buy, and save big on insurance with Policygenius Keep learning or start a new sidehustle with one of our educational courses Slash your cellphone bill without sacrificing service with Mint Mobile Want to start your own journey to Financial Independence? Sign up for the free 5-Day FI Challenge here! As always, the discussion is general and educational in nature and does not constitute tax, investment, legal, or financial advice with respect to any particular individual or taxpayer. Please consult your own advisors regarding your own unique situation. Sean Mullaney and ChooseFI Publishing are currently under contract to publish a book authored by Sean Mullaney.

With volatile assets like Tesla stock, Ethereum, and Bitcoin, how do you keep a level head while investing? In this week's episode, Brad and Jonathan are joined by friend of the show Brian Feroldi to discuss managing your runaway winner investments and balancing your portfolio! Listen along as Brian shares his strategies for evaluating stocks, creating guidelines for yourself as an investor, and mentally preparing yourself for the highs and lows of investing! Resources Mentioned In Today's Conversation Brian's Anti-Fragile Checklist! Subscribe to ChooseFI's Weekly Newsletter! If You Want To Support ChooseFI: Earn $1,000 in cashback with ChooseFI's 3-card credit card strategy Share FI by sending a friend ChooseFI: Your Blueprint to Financial Independence Track your personal finances with Personal Capital Compare, buy, and save big on insurance with Policygenius Keep learning or start a new sidehustle with one of our educational courses Slash your cellphone bill without sacrificing service with Mint Mobile Want to start your own journey to Financial Independence? Sign up for the free 5-Day FI Challenge here!

this week's episode, Brad and Jonathan discuss the importance of knowing the difference between paper returns and real returns. If an asset has a certain value in the market, it does not mean that said value will exist once an attempt to liquidate the asset is made! Later in the episode, they dip into the mailbag and answer listener questions about episode 332 and tax planning! Resources Mentioned In Today's Conversation Follow Brad on Twitter! Millenial Revolution Raising Your Money-Savvy Family For Next Generation Financial Independence by Carol Pittner and Doug Nordman Second Generation FI 401k Spreadsheet Subscribe to the FI Weekly! Join ChooseFI's Facebook Group! Transform Your Tax Return Into a Springboard for Financial Planning | ChooseFI Episode 332 Want to start your own journey to Financial Independence? Sign up for the free 5-Day FI Challenge here!