Mile High FI Podcast

Doug chats with early retirees Jolene & Darren about their path to financial independence and early retirement. The couple shares their experience from 20-year careers in agronomy, high savings rates, and the impact of discovering the FIRE movement in 2018. They discuss life changes including downsizing possessions, international travel, utilizing the 72T rule to access retirement funds early, health insurance options, the benefits of South Dakota residency, and the importance of community. Be sure to check out the new GhostBed Massage Topper. Save 50% site-wide on your new mattress, pillow, and bedding over at GhostBed (coupon code: MILEHIGHFI) Do you believe community is important as well? If so, hang out with us in our Facebook group or over at Buy Me A Coffee. Links Dare to Draw Down CampFI ChooseFI podcast Doug’s other podcast, “The Doug Show” Smart Passive Income Podcast with Pat Flynn The Authority Hacker podcast Empower (formerly Personal Capital) NewRetirement Nectarine, Advice-Only Financial Advisors “Playing with Fire” movie Bill Yount/Catching Up To FI Go With Less Mark Trautman Retirement and IRA Show podcast MDsave Escapees RV Club EconoMe Conference Mile High FI Facebook Group Doug’s site Carl’s blog: 1500 Days — Join the Mile High FI Club – It’s our email list! Get MHFi Merch – It helps support the show. Get t-shirts & more **Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won’t even make such a claim. You shouldn’t take the info as financial, legal, or tax advice. We aren’t certified financial planners or advisors. We’re not qualified for much. So get advice from professionals.** Brought To You By: The Doug Show, aka Affiliate Marketing & Side Hustles 1500 Days, Carl’s Blog about Early Retirement Email us here: [email protected] or [email protected] 0:00 Introduction 3:39 Discovering Financial Independence...

Doug and Carl chat with Debbie and Chris Emick from the “Go Bucket Yourself” blog & podcast about their journey to financial independence. Debbie & Chris discuss their core values, real estate, overcoming challenges & fear, cultivating a growth mindset, the significance of community building, and their adventurous lifestyle, including homeschooling and travel. Note: This is a rebroadcast of MHFI episode 052 Be sure to check out the new GhostBed Massage Topper. Save 50% site-wide on your new mattress, pillow, and bedding over at GhostBed (coupon code: MILEHIGHFI) Head over to Buy Me A Coffee and help support us, so that we can adopt a pig for our mascot. Links (*Some affiliate links so we might earn a commission if you buy something) Connect with Debbie & Chris: Go Bucket Yourself website Go Bucket Yourself podcast Debbie’s Instagram Chris’s Instagram Debbie Emick, “The Other Side of Perfect” Kindle Hardcover Paperback Audiobook CampFI Physician on FIRE Ryan Holiday Books “The Obstacle Is The Way” Kindle Hardcover Paperback Audiobook “Ego Is The Enemy” Kindle Hardcover Paperback Audiobook FinCon Jillian Johnsrud on ChooseFI podcast episode 084 Robert Kiyosaki Books “Rich Dad Poor Dad” Kindle Paperback Audiobook “Cashflow Quadrant” Kindle Hardcover Paperback Audiobook

Doug and Carl answer questions from the Facebook mailbag and read recent podcast reviews. Kristian – I was recently discussing the subject of financial independence with a friend, she sits in the business and entrepreneurial camp, and she has a strong opinion, regarding “having a FI number” as she thinks it is limiting my mindset. She often says that she feels like it’s working towards a minimum standard rather than trying to maximize my potential. Do you have any thoughts on this? Brett – Car loan pay-off is $7053; car loan is $446 a month, interest is 2.3%. Have been paying $200 a week to get the car paid off ASAP. Savings is paying 5.5% APY. Should I continue paying the car off ASAP or would it make more sense to just pay the monthly payment due to the savings APY? Molly – I drive a really beautiful and sleek 2008 Honda Civic. My insurance keeps creeping up. I just spoke to the agent and I could raise my deductible to 1K or 2K for modest savings, but the 5K deductible gets me to around $60 a month. I like the sound of that – but is a 5K deductible insane? I have zero desire to upgrade my car. I like the older cars that aren’t fully computer chips at this point. What do you guys think? Ben – Anyone else a very unfrugal FI individual? I like to eat out, I like newer cars, I like new toys. Steven – Vanguard recently sent a letter stating that my Solo 401k is moving to Ascensus. Ultimately it looks like the potential for a couple new fees that I would rather avoid. So with that in mind what would you suggest? Be sure to check out the new GhostBed Massage Topper. Save 50% site-wide on your new mattress, pillow, and bedding over at GhostBed (coupon code: MILEHIGHFI) Answering all these questions makes us hungry. Support us over at Buy Me A Coffee so we can afford some Taco Bell. Links MHFI Facebook group Elizabeth on MHFI episode 212 Early Retirement Now Chat GPT analysis for paying off car loan (Brett’s question) BiggerPockets Money podcast EconoMe Conference Downshift Financial Paula Pant/Afford Anything Allison on MHFI episode 220 Jim Dahle/White Coat Investor Reddit, “Huberman struggling with very basic statistical concepts” Reddit, “Vanguard sells their Solo 401k business to Ascensus” CampFI

Doug and Carl discuss the challenges of retiring during a market downturn. They delve into the significance of Sequence of Returns Risk & inflation then propose strategies for financial management during recessions, such as cutting expenses, maintaining cash reserves, adjusting withdrawals, part-time work, and re-evaluating investments. Note: This is a rebroadcast of MHFI episode 133 Be sure to check out the new GhostBed Massage Topper. Save 50% site-wide on your new mattress, pillow, and bedding over at GhostBed (coupon code: MILEHIGHFI) Head over to Buy Me A Coffee and help support us, so that we can FINALLY make the mesh t-shirts that we’ve been talking about since this episode originally aired in 2022. Links EconoMe Conference JD Roth/foldedspace JD Roth on MHFI episode 127 Go Curry Cracker, “The Path to 100% Equities” Michael Kitces, “Understanding Sequence Of Return Risk” Michael Kitces on BiggerPockets Money podcast episode 351 Mile High FI Facebook Group Doug’s site Carl’s blog: 1500 Days — Join the Mile High FI Club – It’s our email list! Get MHFi Merch – It helps support the show. Get t-shirts & more **Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won’t even make such a claim. You shouldn’t take the info as financial, legal, or tax advice. We aren’t certified financial planners or advisors. We’re not qualified for much. So get advice from professionals.** Brought To You By: The Doug Show, aka Affiliate Marketing & Side Hustles 1500 Days, Carl’s Blog about Early Retirement Email us here: [email protected] or [email protected] 0:00 Introduction 4:11 Introduction 2 9:29 Taylor Swift 14:28 Retiring during a recession 18:37 Sequence of returns risk & inflation 23:11 Mitigating Sequence of Returns Risk & inflation 28:51 Other strategies for a downturn 34:28 First decade matters the most 38:43 Blooper- Failed quote

Doug chats with two recent retirees, his wife Elizabeth & friend Dusti. They share vital tips and lessons they’ve learned, including financial planning, healthcare considerations, and the importance of flexibility and community in retirement. The group also discusses real-life strategies like writing things down, engaging in fulfilling activities, and easing into new routines. Be sure to check out the new GhostBed Massage Topper. Save 50% site-wide on your new mattress, pillow, and bedding over at GhostBed (coupon code: MILEHIGHFI) Want to support our new product, the 1500 Days bidet? If so, head over to Buy Me A Coffee. Links (*Some affiliate links so we might earn a commission if you buy something) Connect with Elizabeth by reaching out to Mindy: Email BiggerPockets Twitter/X Connect with Dusti: Facebook Strava Instagram Elizabeth & Dusti on MHFI episode 223 Elizabeth on MHFI episode 212 Dusti on MHFI: Episode 172 Episode 178 Episode 179 Gretchen Rubin, “The Happiness Project” Kindle Hardcover Paperback Audiobook Leckerlee Cookies Robert Cialdini, “Influence: The Psychology of Persuasion” Kindle Hardcover Paperback Audiobook Mile High FI Facebook Group Doug’s site Carl’s blog: 1500 Days — Join the Mile High FI Club – It’s our email list! Get MHFi Merch – It helps support the show. Get t-shirts & more **Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won’t even make such a claim. You shouldn’t take the info as financial, legal, or tax advice. We aren’t certified financial planners or advisors. We’re not qualified for much. So get advice from professionals.** Brought To You By: The Doug Show, aka Affiliate Marketing & Side Hustles 1500 Days, Carl’s Blog about Early Retirement Email us here: doug@mileh...

Doug chats with two recent retirees, his wife Elizabeth & friend Dusti. The group discusses the transition to retirement, sharing insights on dealing with stress, maintaining productivity, and discovering new interests. Elizabeth & Dusti also answer questions from the Facebook mailbag. Jamie – Have you decompressed yet from baseline stress? Others have said you don’t realize how stressed you really are until you leave the job behind. If so, how long did it take? What’s been the biggest surprise in the first two months? AJ – Has your mindset about money and spending shifted at all in the last two months? Do you have more or less anxiety about fun spending? Frieda – What were you grateful to have done prior to leaving your employer? And is there anything that you wish you would have done in advance to your last day at work? Hallie – Do you have any thoughts about finding challenges or fulfillment once the “honeymoon stage” is over? Or are you just enjoying the process of relaxing and unwinding for now? Catie – How are you balancing the productivity mindset versus relaxing/being present versus guilt for being able to do a lot more of ‘nothing’? Curious about any new routines/structure of your day now too! Chris – What has been most surprising in the first two months? And looking back, is there anything you would have done differently about leaving? Stephanie – Leading up to retirement, what did you think your biggest challenge was going to be in retirement? And then now that you’re a few months in, what do you think the biggest challenge actually is? Khang – What MORE do you want to do now that you’ve had some time to acclimate? Is it an activity you’re surprised to find out about yourself? Rakesh – When is Elizabeth going to join Dusti for running? Eric – How long until Elizabeth is tired of being around Doug for all of those hours in a day? Maggie – Does Elizabeth want to come to CampFI and do puzzles with me? Callie – There is a puzzle competition???!!! How do you find out about those?! Mira – How is puzzle solving different pre and post retirement? Be sure to check out the new GhostBed Massage Topper. Save 50% site-wide on your new mattress, pillow, and bedding over at GhostBed (coupon code: MILEHIGHFI) Do you have even more questions for Elizabeth or Dusti? If so, head over to the Mile High FI Facebook group or support us at Buy Me A Coffee. Links (*Some affiliate links so we might earn a commission if you buy something) Connect with Elizabeth by reaching out to Mindy: Email BiggerPockets Twitter/X Connect with Dusti: Facebook Strava Instagram Mile High FI Facebook Group Elizabeth on MHFI episode 212 Dusti on MHFI: Episode 172 Episode 178 Episode 179

Doug and Amberly discuss the ins & outs of when to consider using a financial advisor. They explore the pros & cons of working with advisors, fee structures, the importance of fiduciary responsibility, how to avoid bad financial advice, and complexities of DIY financial management. They share personal stories and experiences to illustrate the discussion, including Doug’s past mistakes with an advisor and Amberly’s insights from hosting financial discussions & events. Be sure to check out the new GhostBed Massage Topper. Save 50% site-wide on your new mattress, pillow, and bedding over at GhostBed (coupon code: MILEHIGHFI) Want to support our new business venture, financial advisor/fiduciary hats? If so, head over to Buy Me A Coffee. Links (*Some affiliate links so we might earn a commission if you buy something) Connect with Amberly: AmberlyGrant.com FinTalks FinTalks Cruise Instagram Facebook “Jump In Feet First” podcast Elizabeth on MHFI episode 212 Amberly on MFHI episode 216 Wealthsimple Jeremy Schneider/Personal Finance Club “Types of Advisors” “The Fees Add Up” “Cost of Advice?” Northwestern Mutual Conflict of Interest brochure Northwestern Mutual Conflict of Interest brochure (Marked up) Denver Asset Building Coalition Brian Feroldi on MHFI episode 213 Downshift Financial Nectarine, Advice-Only Financial Advisors FeeOnlyNetwork JL Collins, “Simple Path to Wealth” Kindle Hardcover Paperback Audiobook Mark’s Money Mind Podcast CampFI EconoMe Conference Mile High FI Facebook Group Doug’s site Carl’s blog: 1500 Days — Join the Mile High FI Club – It’s our email list!

Doug and Carl answer questions from the Facebook mailbag. Branden – Basically Coast FI, but can’t pass up the tax advantages of a 401k and a Roth IRA even though focusing on a taxable brokerage account would provide freedom sooner. How did you prioritize which accounts to use and when? Julie – Do you favor long-term care insurance? Matt – How to approach the dating scene? Andrea – What advice do you have for parents pursuing FI with kids & what would you do differently? What thoughts do you have about raising a financially responsible set of kids? Claudia – What did you decide to do about college expenses for your kids? How are you teaching them about money so that one day they can protect and grow what they will inherit? Be sure to check out the new GhostBed Massage Topper. Save 50% site-wide on your new mattress, pillow, and bedding over at GhostBed (coupon code: MILEHIGHFI) Want to support our new business venture, The Doug Cunnington School of Border Collie Excellence? If so, head over to Buy Me A Coffee. Links (*Some affiliate links so we might earn a commission if you buy something) Mile High FI Facebook Group Sean Mullaney Mark’s Money Mind Podcast Peter Attia BJ on MHFI episode 217 EconoMe Conference Stephen Baughier/CampFI Bill Perkins, “Die With Zero” Kindle Hardcover Paperback Audiobook Elizabeth on MHFI Episode 212 Amberly Grant Brad Barrett/ChooseFI Meteorologist Kristen Hoffman Process Doug’s site Carl’s blog: 1500 Days — Join the Mile High FI Club – It’s our email list! Get MHFi Merch – It helps support the show. Get t-shirts & more **Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won’t even make such a claim. You shouldn’t take the info as financial, legal, or tax advice. We aren’t certified financial planners or advisors. We’re not qualified for much. So get advice from professionals.** Brought To You By: The Doug Show, aka Affiliate Marketing & Side Hustles 1500 Days, Carl’s Blog about Early Retirement Email us here: [email protected] or [email protected] 0:00 Introduction 1:46 Question – Prioritizing investment accounts...

Doug and Carl chat with Allison, delving into her unique journey as a nanny for high net worth families and some insights & takeaways from those with wealth. Allison also discusses her path toward financial independence including frugal areas of her life, giving into the (lifestyle) creep, and finally attending an in-person FI event for the first time after being in the community virtually for so many years. Be sure to check out the new GhostBed Massage Topper. Save 50% site-wide on your new mattress, pillow, and bedding over at GhostBed (coupon code: MILEHIGHFI) Want to support our new business venture, Pets on Jets? If so, head over to Buy Me A Coffee. Links (*Some affiliate links so we might earn a commission if you buy something) Connect with Allison on Instagram FinCon “Mindy On Money” podcast EconoMe Conference Vicki Robin & Joe Dominguez, “Your Money or Your Life” Kindle Paperback Audiobook Audio CD Pete Adeney/Mr. Money Mustache Early Retirement Extreme Brad Barrett/ChooseFI BJ on MHFI episode 217 CampFI Allison on Earn & Invest podcast, “How to Take Action (Live From Econome)” Allison on ChooseFI podcast, “The Courage to Take Action | EconoMe LIVE with Doc G | Ep 488” Jordan Grumet/Doc G Mile High FI Facebook Group Doug’s site Carl’s blog: 1500 Days — Join the Mile High FI Club – It’s our email list! Get MHFi Merch – It helps support the show. Get t-shirts & more **Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won’t even make such a claim. You shouldn’t take the info as financial, legal, or tax advice. We aren’t certified financial planners or advisors. We’re not qualified for much. So get advice from professionals.** Brought To You By: The Doug Show, aka Affiliate Marketing & Side Hustles 1500 Days, Carl’s Blog about Early Retirement Email us here: [email protected] or [email protected]<...

Doug and Carl chat with Vivi Ton who shares her bold decision to leave a stable career as an aerospace engineer to pursue her true passion in graphic design. Vivi discusses entrepreneurship & her work with Personal Finance Club, her experiences with mental health & therapy, navigating the societal pressures of leaving a high-paying job, and offers insight into the importance of finding work-life balance. Note: This is a rebroadcast of MHFI episode 054. Save 50% site-wide on your new mattress, pillow, and bedding over at GhostBed (coupon code: MILEHIGHFI) Use coupon code MILEHIGHFI which is good for 20% off any Personal Finance Club products – individual courses or the bundle. (Affiliate so we might earn a commission) Want to help us quit our job as podcasters? Support us at Buy Me A Coffee so we can finally stop. Links Connect with Vivi on Instagram Personal Finance Club Website Instagram Courses Jeremy Schneider on MHFI episode 122 Nectarine, Advice-Only Financial Advisors Amberly Grant: FinTalks “Jump In Feet First” Podcast Vivi on “Jump In Feet First” Podcast episode 1 Mark’s Money Mind Podcast Doug’s Podcast Accelerator Pete Adeney/Mr. Money Mustache EconoMe Conference Mile High FI Facebook Group Doug’s site Carl’s blog: 1500 Days — Join the Mile High FI Club – It’s our email list! Get MHFi Merch – It helps support the show. Get t-shirts & more **Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won’t even make such a claim. You shouldn’t take the info as financial, legal, or tax advice. We aren’t certified financial planners or advisors. We’re not qualified for much. So get advice from professionals.** Brought To You By: The Doug Show, aka Affiliate Marketing & Side Hustles 1500 Days, Carl’s Blog about Early Retirement Email us here: [email protected] or [email protected] 0:00 Introduction 4:49 Quitting engineering 10:52 Sunk cost & transitioning to graphic design 16:42 Entrepreneurship & i...

Doug and Carl catch up briefly on a potpourri of personal topics including challenges of managing time, updates with the lazy book, fitness updates, and upcoming summer plans. They also discuss changes in Google search, the impact of AI on search results, and the current state of SEO. Save 50% site-wide on your new mattress, pillow, and bedding over at GhostBed (coupon code: MILEHIGHFI) Feel bad that Carl and his kids are missing door knobs? Support us at Buy Me A Coffee so he can afford new ones. Links Hoffman Process “Mindy On Money” podcast Doug’s other channel, “Niche Site Project” “Omnibus” podcast Google search: Doug Cunnington, “Google Publisher Success Stories vs Google Search” Omnibus podcast, “Kim’s Video (Entry 687.MT0542)”, Google discussion at 56:39 Edward Zitron, Where’s Your Ed At?, “The Man Who Killed Google Search” The Verge, “Google is getting even worse for independent sites” Brad Barrett/ChooseFI CampFI Physician on FIRE Ramit Sethi Mile High FI Facebook Group Doug’s site Carl’s blog: 1500 Days — Join the Mile High FI Club – It’s our email list! Get MHFi Merch – It helps support the show. Get t-shirts & more **Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won’t even make such a claim. You shouldn’t take the info as financial, legal, or tax advice. We aren’t certified financial planners or advisors. We’re not qualified for much. So get advice from professionals.** Brought To You By: The Doug Show, aka Affiliate Marketing & Side Hustles 1500 Days, Carl’s Blog about Early Retirement Email us here: [email protected] or [email protected] 0:00 Introduction 1:05 Not enough time 3:55 Lazy book update 6:02 Changes to Google search 14:00 Mini-fitness updates 19:27 Summer plans 27:35 Soundcheck – Never-ending projects

Doug and Carl chat with Air Force veteran & physician B.J., who shares his journey toward Financial Independence and life beyond material success. B.J. discusses how military benefits like pensions & healthcare can pave the way to financial success, the personal growth he experienced after achieving FI, and the pursuit of deeper happiness beyond owning dream items such as a Lamborghini. Post-military retirement, B.J. emphasizes the importance of giving back to the community and explores his decision to continue working, motivated by a desire to serve others. Save 50% site-wide on your new mattress, pillow, and bedding over at GhostBed (coupon code: MILEHIGHFI) Are you looking to explore the “squishy stuff” but don’t know where to start? Come over & start your research at Buy Me A Coffee, perhaps we can help. *Some affiliate links so we might earn a commission if you buy something. Links (*Some affiliate links so we might earn a commission if you buy something) EconoMe Conference Diania Merriam “Playing with Fire” movie Bill Perkins, “Die With Zero” Kindle Hardcover Paperback Audiobook CampFI FinCon Elizabeth on MHFI Episode 212 Jordan Grumet/Doc G Jordan Grumet, “Taking Stock” Kindle Paperback Audiobook Audio CD Bronnie Ware, “Top Five Regrets of the Dying” Kindle Hardcover Paperback Audiobook David Brooks, “The Second Mountain” Kindle Hardcover Paperback Audiobook Bill Yount & Jackie Cummings Koski/Catching Up To FI Dave Ramsey Military Dollar Doug Nordman/Military Financial Independence Doug Nordman, “The Military Guide to Financial Independenc...

Doug and Amberly explore the intriguing reasons why many millionaires consider themselves middle class. They discuss the technical definitions of financial classes vs. the challenging societal definitions of these same classes, how both of these relate to their own views, and the psychology of wealth & self-perception among financially successful individuals. Save 50% site-wide on your new mattress, pillow, and bedding over at GhostBed (coupon code: MILEHIGHFI) Still confused by all these definitions of middle class? If so, help us fund our own surveys & research by heading over to Buy Me A Coffee Links Doug’s Podcast Accelerator Connect with Amberly: AmberlyGrant.com FinTalks Instagram Facebook “Jump In Feet First” podcast Amberly on CNBC Make It Doug & Amberly discuss “failing” FI on MHFI episode 174 Erin Talks Money YouTube Erin Talks Money, “Reality of the Middle Class Millionaire” Yahoo Finance/Insider Monkey, “15 Reasons Why Millionaires Think They’re Middle Class” “Millionaires Share Practical Financial Tips in New Research from Ameriprise Financial” Doug & Carl discuss feeling wealthy & rich on MHFI episode 203 Thomas Stanley & William Danko, “Millionaire Next Door” Kindle Hardcover Paperback Audiobook Investopedia Definitions: “Middle Class: Definition and Characteristics” “Working Class Explained: Definition, Compensation, Job Examples” “Upper Class: Definition, Salary, Example, and Other Social Classes” United States Census Bureau “Wealth, Asset Ownership, & Debt of Households Detailed Tables: 2021” “Income in the United States: 2022” David Chilton, “The Wealthy Barber” Paperback EconoMe Conference Morgan Housel Ramit Seth...

Doug and Carl work through a case study from listener Frank and also answer questions from the Facebook mailbag. Frank – Has a stressful, yet well paying job. Should he stay at his current job, which he doesn’t like so much, or move on to something else that he’s been contemplating for a while? Rich What does a typical daily meal and snack look like? If you had to change it up, what would you do to make it more ideal? What are a couple of key takeaways that you have learned by chatting with other FIRE folks that you are trying to instill in your life? If you had a second home, what city or state would it be in and why? Paddy – Carl has built an Allan Block retaining wall; would he do this again or hire out? If so, any tips? John – Who wins in a footrace – Doug or Carl? Save 50% site-wide on your new mattress, pillow, and bedding over at GhostBed (coupon code: MILEHIGHFI) Want to support our new business venture, the Meat Oatmeal Food Truck? If so, head over to Buy Me A Coffee. Links Mile High FI Facebook Group Doug’s Podcast Accelerator Tim Ferriss Pete Adeney/Mr. Money Mustache David Baughier on MHFI episode 138 CampFI EconoMe Conference Bill Perkins, “Die With Zero” Kindle Hardcover Paperback Audiobook Mark’s Money Mind Podcast Jason’s Podcast, “Digital Downshift” Amberly Grant’s Podcast, “Jump In Feet First” Brad Barrett/ChooseFI Jordan Grumet/Earn & Invest podcast JL Collins Hoffman Process Doug’s site Carl’s blog: 1500 Days — Join the Mile High FI Club – It’s our email list! Get MHFi Merch – It helps support the show. Get t-shirts & more **Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won’t even make such a claim. You shouldn’t take the info as financial, legal, or tax advice. We aren’t certified financial planners or advisors. We’re not qualified for much. So get advice from professionals.** Brought To You By: The Doug Show, aka Affiliate Marketing & Side Hustles 1500 Days, Carl’s Blog about Early Retirement Email us here: [email protected] or [email protected] 0:00 Introduction 2:02 Frank’s case study summary 8:35 Leaving the job vs. phoning it...

Mindy and Carl catch up with long-time friend Brandon, the Mad Fientist, to discuss the balance between spending, saving, and maintaining happiness. Brandon details his journey from extreme frugality to spending experiments to purposeful spending/spending for happiness. He also discusses the indispensable role of personal development, the importance of experiences over possessions, and the influence of parenthood and life events in reshaping priorities. Note: This is a rebroadcast of episode 22 of the “Mindy on Money” podcast. Save 50% site-wide on your new mattress, pillow, and bedding over at GhostBed (coupon code: MILEHIGHFI) Interested in your own spending experiment? If so, head over to Buy Me A Coffee and experiment with supporting the show! Links “Mindy on Money” Podcast Website YouTube Channel Facebook Group “Let’s Talk About Our Appearance on the Ramit Show” podcast episode Mad Fientist Website/blog Music Financial Independence Podcast “Ramit Sethi – I Will Teach You to Be Rich” podcast episode “Ramit Sethi – How to Spend (and Actually Enjoy It)” podcast episode “How to Access Retirement Funds Early” blog post “Happiness Through Subtraction” blog post “Best Advice” pdf Ramit Sethi Elizabeth on MHFI Episode 212 FinCon J. Money Budgets are Sexy Bill Perkins, “Die With Zero” Kindle Hardcover Paperback Audiobook BiggerPockets Money podcast, “Ramit Sethi’s Money Advice for Couples: Live a Rich Life, Together” Pete Adeney/Mr. Money Mustache Mile High FI Facebook Group Doug’s site Carl’s blog: 1500 Days — Join the Mile High FI Club – It’s our email list! Get MHFi Merch – It helps support the show. Get t-shirts & more **Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won’t even make such a claim. You shouldn’t take the info as financial, legal, or tax advice. We aren’t certified financial planners or advisors. We’re not qualified for...

Doug and Carl chat with financial educator, investing enthusiast, and author Brian Feroldi. Brian delves into early investment mishaps, his investing philosophy (focusing on high-quality, long-term businesses), the significance of understanding the stock market & personal finance, and where to find new investing ideas. The group also discusses Warren Buffett & the role of dividend investing along with AI’s impact on productivity and stock market returns. Save 50% site-wide on your new mattress, pillow, and bedding over at GhostBed (coupon code: MILEHIGHFI) If you’re looking for a crazy, high-risk/high-reward investment opportunity, come over to Buy Me A Coffee and invest in us! Links Connect with Brian: Facebook Instagram Twitter/X LinkedIn Brian’s YouTube Channel Brian Feroldi, “Why Does The Stock Market Goes Up?” Kindle Hardcover Paperback Audiobook Long-Term Mindset The Motley Fool EconoMe Conference Robert Kiyosaki, “Rich Dad Poor Dad” Kindle Paperback Audiobook Books by Jim Cramer “Jim Cramer’s Mad Money” Kindle Hardcover Audiobook Audio CD “Jim Cramer’s Stay Mad For Life” Kindle Hardcover Paperback Audiobook Interactive Brokers Berkshire Hathaway Charlie Munger, “Poor Charlie’s Almanack” Kindle Hardcover Audiobook FinCon Books by Morgan Housel “The Psychology of Money”

Carl chats with Doug and his wife Elizabeth who recently left her career and retired early. Elizabeth discusses her introduction to Financial Independence and some of the skepticism she initially had while also walking through some of the specifics about actually leaving her job (making the decision, having a solid financial plan in place, and describing her last day at work). She goes on to share insights on adjusting to retirement, staying mentally active, societal perceptions of retiring early, the importance of finding joy outside work, and the importance of having a purpose post-retirement. Save 50% site-wide on your new mattress, pillow, and bedding over at GhostBed (coupon code: MILEHIGHFI) Are you an early retiree looking for something to fill your time or to provide purpose? If so, come over to Buy Me A Coffee and hang out with us. Links Mr. Money Mustache Bogleheads forum Tim Ferriss podcast, “Mr. Money Mustache — Living Beautifully on $25-27K Per Year (#221)” BiggerPockets Money podcast, Episode 153 with Bill Bengen CampFI EconoMe Conference Mile High FI Facebook Group Doug’s site Carl’s blog: 1500 Days — Join the Mile High FI Club – It’s our email list! Get MHFi Merch – It helps support the show. Get t-shirts & more **Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won’t even make such a claim. You shouldn’t take the info as financial, legal, or tax advice. We aren’t certified financial planners or advisors. We’re not qualified for much. So get advice from professionals.** Brought To You By: The Doug Show, aka Affiliate Marketing & Side Hustles 1500 Days, Carl’s Blog about Early Retirement Email us here: [email protected] or [email protected] 0:00 Introduction 1:58 Discovering FIRE 7:48 Good financial habits, tools, & practices 13:19 FIRE skepticism 18:49 Overcoming uncertainty & leaving work 23:34 Debate on the 4% rule 29:41 Working again after retirement 36:23 Pulling the trigger to actually quit 43:51 Single point of success 49:44 Last day of work & what happens next 54:48 Retirement worries 1:00:38 Telling friends & family about retirement 1:08:48 FI events & the perfect day 1:16:27 Soundcheck – Envelopes

Recorded in the hotel lobby on the last day of the EconoMe conference, Doug and Carl reflect on some of the presentations and conversations they had over the weekend while also providing their own insights & observations. They discuss various topics including: the evolution of the FIRE movement from its initial focus on accumulating wealth to its current emphasis on mental health and personal development, happiness, post-FI life challenges, and strategies for dealing with anxiety and negative thoughts. Save 50% site-wide on your new mattress, pillow, and bedding over at GhostBed (coupon code: MILEHIGHFI) Couldn’t make it to EconoMe this year, but still want to hang out with others in the FI community? If so, come over to Buy Me A Coffee and hang out with us. Links “Mindy On Money” podcast Doug’s Podcast Accelerator Doug’s SEO & Marketing Podcast, “Ranking Revolution” EconoMe Conference JL Collins Katie & Alan Donegan JD Roth/foldedspace Meteorologist Kristen Amberly Grant Mark Trautman Mile High FI Facebook Group Doug’s site Carl’s blog: 1500 Days — Join the Mile High FI Club – It’s our email list! Get MHFi Merch – It helps support the show. Get t-shirts & more **Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won’t even make such a claim. You shouldn’t take the info as financial, legal, or tax advice. We aren’t certified financial planners or advisors. We’re not qualified for much. So get advice from professionals.** Brought To You By: The Doug Show, aka Affiliate Marketing & Side Hustles 1500 Days, Carl’s Blog about Early Retirement Email us here: [email protected] or [email protected] 0:00 Introduction 1:52 Stress & anxiety 8:53 Removing the mask in retirement 12:11 Thoughts on post-retirement life 17:41 One-more-year syndrome 25:27 Happiness & confronting personal issues 29:09 Evolution of FI 34:47 Carl’s 3 tips (plus a bonus) 39:46 Podcast projects beyond MHFI 47:11 Soundcheck – Feeling tired

Doug and Carl chat with Bob Haines who is a well-known figure in the FI community due to his frequent attendance of various FI-related events such as FinCon, EconoMe, Chautauqua, and CampFI. Bob recounts his financial journey from initially finding FI through the Tim Ferriss podcast, to discovering that he was accidentally FI already, to transitioning fully into the world of early retirement almost five years ago. Bob also discusses the changes he’s seen in the FI community over the years and the power of FI events. Save 50% site-wide on your new mattress, pillow, and bedding over at GhostBed (coupon code: MILEHIGHFI) Haven’t been able to attend any FI events, but still want to hang out with others in the community? If so, come over to Buy Me A Coffee and hang out with us. Links Connect with Bob: Instagram Facebook EconoMe Conference CampFI FI Chautauqua Tim Ferriss podcast, “Mr. Money Mustache — Living Beautifully on $25-27K Per Year (#221)” Pete Adeney/Mr. Money Mustache Mr. Money Mustache, “The Shockingly Simple Math Behind Early Retirement” JL Collins, “Simple Path to Wealth” Kindle Hardcover Paperback Audiobook JL Collins Chad Carson Gwen Merz/Fiery Millennials FinCon Amberly Grant/FinTalks Cruise Amy Minkley/FI Freedom Retreats Fioneers/Slow FI Retreat Kevin Ha, “How an Ebike Can Be the Best Investment You Ever Make” Kevin Ha/Financial Panther ChooseFI Local Groups Joel & Matt/How To Money Early Retirement Extreme Bill Perkins, “Die With Zero” Kindle Hardcover Paperback Audiobook Coastal Volunteers in Medicine Mark Trautman/Mark’s Money Mind Becky Heptig/Catching up to FI Brad Barrett/ChooseFI Jordan Grumet/Earn & Invest podcast

Recorded in the hotel lobby from the EconoMe conference in Cincinnati, Doug and Carl catch-up on various topics including: a recap of their recent visit to the Culdesac community in Arizona, thoughts on e-bikes & electric vehicles, Doug’s battle with pink eye, updates to their fitness routines, and Carl’s unfortunate Facebook incident. Doug also shares an exciting announcement about his wife’s upcoming retirement, providing insights into her journey from skepticism to embracing financial independence. Save 50% site-wide on your new mattress, pillow, and bedding over at GhostBed (coupon code: MILEHIGHFI) Couldn’t make it to EconoMe this year, but still want to hang out with others in the FI community? If so, come over to Buy Me A Coffee and hang out with us. Links EconoMe Conference Pete Adeney/Mr. Money Mustache Mr. Money Mustache & Culdesac on MHFI episode 207 Culdesac Brad Barrett/ChooseFI ChooseFI podcast, “Update: Healthiest Year Ever | Dean Turner | Ep 480” UC San Diego Health, “Advent of Electric Cars Is Already Improving Health” Lex Fridman, “417 – Kimbal Musk: The Art of Cooking, Tesla, SpaceX, Zip2, and Family” Diania Merriam on MHFI Episode 199 Mile High FI Facebook Group Doug’s site Carl’s blog: 1500 Days — Join the Mile High FI Club – It’s our email list! Get MHFi Merch – It helps support the show. Get t-shirts & more **Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won’t even make such a claim. You shouldn’t take the info as financial, legal, or tax advice. We aren’t certified financial planners or advisors. We’re not qualified for much. So get advice from professionals.** Brought To You By: The Doug Show, aka Affiliate Marketing & Side Hustles 1500 Days, Carl’s Blog about Early Retirement Email us here: [email protected] or [email protected] 0:00 Introduction 4:41 Impressions of Culdesac 10:29 Thoughts on e-bikes & robot cars 17:29 Doug’s courageous battle with pink eye 22:51 Carl’s new fitness routine 31:20 The Facebook incident 38:59 Elizabeth’s retirement: From Skepticism to FIRE 45:49 Carl’s haircut 49:41 Soundcheck – EconoMe opening party

Doug and Carl (along with special guest co-host Georgie the dog) explore the concept of stealth wealth. Each provides their personal money story & how much work it took to arrive at their current position, the pros & cons of sharing one’s financial status with others, and how this knowledge impacts social interactions & relationships. They also discuss giving and helping others responsibly, using wealth to support people in meaningful ways rather than in response to direct requests for money. Save 50% site-wide on your new mattress, pillow, and bedding over at GhostBed (coupon code: MILEHIGHFI) Are you retired or wealthy and need someone to share this information with, free from any awkwardness or judgement? If so, head over to Buy Me A Coffee where you’ll find a safe place to share. Links CampFI Mr. Money Mustache FinCon EconoMe Conference “Mindy On Money” podcast Dan Sheeks/Sheeks Freaks Mile High FI Facebook Group Doug’s site Carl’s blog: 1500 Days — Join the Mile High FI Club – It’s our email list! Get MHFi Merch – It helps support the show. Get t-shirts & more **Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won’t even make such a claim. You shouldn’t take the info as financial, legal, or tax advice. We aren’t certified financial planners or advisors. We’re not qualified for much. So get advice from professionals.** Brought To You By: The Doug Show, aka Affiliate Marketing & Side Hustles 1500 Days, Carl’s Blog about Early Retirement Email us here: [email protected] or [email protected] 0:00 Introduction 3:29 Carl’s money story: From anonymity to viral fame 7:28 Doug’s money story: Staying modest & hustling hard 13:27 Sharing your financial status 19:51 FI evangelism 29:42 Impact of wealth on social interactions & relationships 34:04 Navigating the corporate world 43:24 Generosity & giving back 50:07 Soundcheck – Apple hat

Doug and Carl visit Culdesac, a unique car-free rental apartment community in Tempe, AZ that redefines the typical American neighborhood by focusing on sustainability, communal living spaces, and alternative transportation options. The guys are joined by members of the FI community (including Pete Adeney (Mr. Money Mustache), Paula Pant, Brad Barrett, and Chad Carson) to discuss Culdesac with co-founder and CEO Ryan Johnson. The group explores Culdesac’s aims, design, how it represents a potential model for future urban planning, and concludes with a discussion on the importance & challenges of creating walkable, car-free communities. Pete also shares his personal experience living in this community to include the impact of car-free living on personal finance, happiness, and building community. Save 50% site-wide on your new mattress, pillow, and bedding over at GhostBed (coupon code: MILEHIGHFI) Not planning to move to Tempe, but still looking for community? If so, head over to Buy Me A Coffee to hang out with us. Links Culdesac Connect with Culdesac: Twitter/X Instagram Facebook LinkedIn TikTok Pete Adeney/Mr. Money Mustache Chad Carson Chad Carson, “The Small and Mighty Real Estate Investor” Kindle Paperback Audiobook Brad Barrett/ChooseFI Paula Pant/Afford Anything JD Roth/foldedspace “The Strong Towns” Podcast Mile High FI Facebook Group Doug’s site Carl’s blog: 1500 Days — Join the Mile High FI Club – It’s our email list! Get MHFi Merch – It helps support the show. Get t-shirts & more **Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won’t even make such a claim. You shouldn’t take the info as financial, legal, or tax advice. We aren’t certified financial planners or advisors. We’re not qualified for much. So get advice from professionals.** Brought To You By: The Doug Show, aka Affiliate Marketing & Side Hustles 1500 Days, Carl’s Blog about Early Retirement Email us here: [email protected] or [email protected] 0:00 Introduction 4:18 Welcome to Culdesac 8:48 Car ownership and transportation alternatives 13:14 Demand for walkable neighborhoods 20:38 Influences & future plans fo...

In a follow-up to MHFI Episode 187 (Fitness Madness), Doug and Carl provide an update on how they’re progressing with their original fitness goals, discuss challenges they’ve faced along the way, provide dieting & workout tips, and discuss future plans. Carl speaks candidly about Attachment Disorder and the importance of mental health. Also, don’t miss out on new sponsor oFartsic by pVisor. Save 50% site-wide on your new mattress, pillow, and bedding over at GhostBed (coupon code: MILEHIGHFI) New “Sponsor” oFartsic: http://milehighfi.com/ofartsic Doug & Carl will be attending the EconoMe Conference in Cincinnati, OH on March 15-17, 2024. For those interested in attending, use the coupon code MILEHIGHFI at checkout to save 10%. https://economeconference.com/ Do you want lots of good stuff from Carl or really want that pickled asparagus? If so, come over and support us at Buy Me A Coffee. Links “Fitness Madness”, MHFI Episode 187 Tim Ferriss “Mind Pump” podcast Chris “The Indiana Jones of FI” on MHFI Episode 020 Alan Donegan Diania Merriam & the Hoffman Process on MHFI Episode 199 Hoffman Process “Dragon” Justin David Carl on MHFI Episode 204 EconoMe Conference Brad Barrett/ChooseFI Pete Adeney/Mr. Money Mustache Mile High FI Facebook Group Doug’s site Carl’s blog: 1500 Days — Join the Mile High FI Club – It’s our email list! Get MHFi Merch – It helps support the show. Get t-shirts & more **Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won’t even make such a claim. You shouldn’t take the info as financial, legal, or tax advice. We aren’t certified financial planners or advisors. We’re not qualified for much. So get advice from professionals.** Brought To You By: The Doug Show, aka Affiliate Marketing & Side Hustles 1500 Days, Carl’s Blog about Early Retirement Email us here: [email protected] or [email protected] 0:00 Introduction 3:56 Recapping fitness goals & progress report 11:23 Reverse dieting 16:20 Fitness challenges 21:31 Protein tips 28:08 Importance of mental health 37:59 Future fitness goals 43:05 Weight loss vs. strength training 47:40 Workout injuries 54:16 Planning future check-ins 1:02:01 Soundcheck – Bar food

Doug and Carl catch up on a potpourri of topics including recent purchases, frugal hacks, investments, optimization, skepticism, and recent books & TV shows each have been consuming. They discuss over-optimizing & reevaluating perceptions in the areas of health & fitness and try to provide a balance by incorporating de-optimization. Carl also introduces a new investment strategy called the “reverse index fund” or “Hot Carl”. Save 50% site-wide on your new mattress, pillow, and bedding over at GhostBed (coupon code: MILEHIGHFI) Are you looking for more ingenious frugal hacks such as the Culver’s coupon scam? If so, head over to Buy Me A Coffee to find out more. Doug & Carl will be attending the EconoMe Conference in Cincinnati, OH on March 15-17, 2024. For those interested in attending, use the coupon code MILEHIGHFI at checkout to save 10%. https://economeconference.com/ Links EconoMe Conference The Peter Attia Drive Podcast Huberman Lab Huberman Lab supplements Tim Ferriss podcast, “Peter Attia, M.D. — Fasting, Metformin, Athletic Performance, and More (#398)” Goal Guys, “I Tried the Anti-Aging Diet for 90 Days” Tim Ferriss 4-hour books “The 4-Hour Workweek” Kindle Hardcover Paperback Audiobook “The 4-Hour Body” Kindle Hardcover Paperback Audiobook “The 4-Hour Chef” Hardcover Spiral-Bound CampFI JT on MHFI episode 110 Oliver Burkeman, “Four Thousand Weeks” Kindle Hardcover Paperback Audiobook Michael Easter, “The Comfort Crisis” Kindle Hardcover Audiobook Derek Sivers Tim Ferriss Podcast, “Rolf Potts – The Vagabond’s Way” Ramit Sethi Mile High FI Facebook Group Doug’...

Doug and Carl chat with Justin David Carl, a fitness, money, and life coach also known as Dragon. Justin shares his journey from being heavily in debt and out of shape to becoming financially independent and physically fit. He discusses the dramatic career changes he made, his discovery of the financial independence movement, and how coaching & accountability played a crucial role in his success. Additionally, Justin explains his coaching philosophy, ‘Fit Rich Life’, and the importance of setting clear goals, tracking progress, and surrounding oneself with people who share similar aspirations. Do you think our chosen spirit animals need a little work (flamingo & border collie)? If so, come help us find new ones at Buy Me A Coffee. Save 50% site-wide on your new mattress, pillow, and bedding over at GhostBed (coupon code: MILEHIGHFI) Doug & Carl will be attending the EconoMe Conference in Cincinnati, OH on March 15-17, 2024. For those interested in attending, use the coupon code MILEHIGHFI at checkout to save 10%. https://economeconference.com/ Links Contact Justin: Instagram Threads Twitter/X LinkedIn Fit Rich Life: Website & podcast Newsletter Coaching Free savings tracker Free 4-day workout Tim Ferriss podcast, “Mr. Money Mustache — Living Beautifully on $25-27K Per Year (#221)” Mr. Money Mustache, “The Shockingly Simple Math Behind Early Retirement” Tim Ferriss, “The 4-Hour Workweek” Kindle Hardcover Paperback Audiobook Tony Robbins “Awaken the Giant Within” Kindle Hardcover Paperback Audiobook Withings Scales JL Collins, “The Simple Path to Wealth” Kindle Hardcover Paperback Audiobook JL Collins, “Pathfinders” Kindle Hardcover Audiobook

Doug and Carl delve into the differences between being “rich” and being “wealthy”, discussing their own journeys to financial independence and the pivotal moments when they each felt rich and then wealthy. They reflect on pieces of financial advice, how to feel wealthy, reclaiming an abundance mindset from scarcity, and the importance of evaluating personal happiness. Both also share anecdotes about their life experiences, underscoring the inherent value in simplicity and their changing perceptions on spending as their net worth increased. Are you feeling wealthy, feeling rich, or craving simplicity? If so, then simply come on over and support us at Buy Me A Coffee. Save 50% site-wide on your new mattress, pillow, and bedding over at GhostBed (coupon code: MILEHIGHFI) Doug & Carl will be attending the EconoMe Conference in Cincinnati, OH on March 15-17, 2024. For those interested in attending, use the coupon code MILEHIGHFI at checkout to save 10%. https://economeconference.com/ Links Morgan Housel podcast Books by Morgan Housel “The Psychology of Money” Kindle Hardcover Paperback Audiobook “Same as Ever” Kindle Hardcover Paperback Audiobook EconoMe Conference Empower (formerly Personal Capital) Pete Adeney/Mr. Money Mustache JL Collins Blog Diania Merriam on MHFI Episode 199 CampFI Mile High FI Facebook Group Doug’s site Carl’s blog: 1500 Days — Join the Mile High FI Club – It’s our email list! Get MHFi Merch – It helps support the show. Get t-shirts & more **Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won’t even make such a claim. You shouldn’t take the info as financial, legal, or tax advice. We aren’t certified financial planners or advisors. We’re not qualified for much. So get advice from professionals.** Brought To You By: The Doug Show, aka Affiliate Marketing & Side Hustles 1500 Days, Carl’s Blog about Early Retirement Email us here: [email protected] or [email protected] 0:00 Introduction 1:07 Rich vs wealthy defined 6:46 Illusion of wealth 12:33 Consumerism – experiences & experiments 20:32 Feeling rich 25:29 Feeling wealthy 30:49 Becoming comfortable with spending & feeling wea...

Doug and Carl chat with Kim Ehardt, a firefighter from Austin, Texas, who unknowingly achieved Barista FI through careful savings and an unconventional career path. Despite her financial status and ability to leave her current profession, Kim articulates a desire to shift focus from financial security alone to personal fulfillment, purpose, and happiness. Kim’s future plans include life coaching to help others achieve their goals and potentially even starting her own podcast. Do you have a desire to help others as well? If so, come on over and support us at Buy Me A Coffee. Save 50% site-wide on your new mattress, pillow, and bedding over at GhostBed (coupon code: MILEHIGHFI) Doug & Carl will be attending the EconoMe Conference in Cincinnati, OH on March 15-17, 2024. For those interested in attending, use the coupon code MILEHIGHFI at checkout to save 10%. https://economeconference.com/ Links Kim’s website Afford Anything Podcast, “#139: How I Save Half of My Income as a Firefighter, While Living in an Expensive City — with Kim E.” EconoMe Conference Matthew Walker, “Why We Sleep” Kindle Hardcover Paperback Audiobook Joe Dominguez, “Transforming Your Relationship With Money” Paperback Audiobook Audio CD Mile High FI Facebook Group Doug’s site Carl’s blog: 1500 Days — Join the Mile High FI Club – It’s our email list! Get MHFi Merch – It helps support the show. Get t-shirts & more **Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won’t even make such a claim. You shouldn’t take the info as financial, legal, or tax advice. We aren’t certified financial planners or advisors. We’re not qualified for much. So get advice from professionals.** Brought To You By: The Doug Show, aka Affiliate Marketing & Side Hustles 1500 Days, Carl’s Blog about Early Retirement Email us here: [email protected] or [email protected] 0:00 Introduction 6:52 BaristaFI & finding FIRE 11:14 Financial peace 16:58 Firefighting & the pursuit of FI 26:16 The drive to succeed 34:09 Defining success 42:25 Challenges to FIRE ideology 49:07 Finding purpose through coaching 54:23 Impact of coaching & future plans 1:04:02 Soundcheck – Podcast motivations

Doug and Carl chat with JL Collins about the evolution of the FIRE movement, lifestyle inflation, “enough”, & envy as well as how diverse the FI community is (not exclusive to any particular income level or lifestyle). JL introduces his recent book, “Pathfinders”, which collects stories that demystify the process of achieving financial independence and highlights the different paths that people have taken, echoing the themes of intentional living and spending. Have you already found your “enough”? If so, then you’re welcome to share anything above & beyond with us over at Buy Me A Coffee. Save 50% site-wide on your new mattress, pillow, and bedding over at GhostBed (coupon code: MILEHIGHFI) Doug & Carl will be attending the EconoMe Conference in Cincinnati, OH on March 15-17, 2024. For those interested in attending, use the coupon code MILEHIGHFI at checkout to save 10%. https://economeconference.com/ Links (*Some affiliate links so we might earn a commission if you buy something) JL Collins Blog JL Collins Stock Series Books by JL Collins: “Pathfinders” Kindle Hardcover Audiobook “The Simple Path to Wealth” Kindle Hardcover Paperback Audiobook “How I Lost Money in Real Estate Before It Was Fashionable” Kindle Hardcover Paperback John Maynard Keynes, “The 15-Hour Week” Morgan Housel, “Same as Ever” Kindle Hardcover Paperback Audiobook Early Retirement Extreme Mr. Money Mustache FI Chautauqua EconoMe Conference Mile High FI Facebook Group Doug’s site Carl’s blog: 1500 Days — Join the Mile High FI Club – It’s our email list! Get MHFi Merch – It helps support the show. Get t-shirts & more **Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won’t even make such a claim. You shouldn’t take the info as financial, legal, or tax advice. We aren’t certified financial planners or advisors. We’re not q...

Doug and Carl celebrate the 200th episode of the Mile High FI podcast, reminiscing about the past while discussing future plans. Topics include: what they've learned, what they enjoy about podcasting, the many challenges they've faced, and goals & plans for 2024 and the next 100 episodes. Carl also discusses his new podcast with Mindy. Come celebrate 200 episodes with us over at Buy Me A Coffee. Save 50% site-wide on your new mattress, pillow, and bedding over at GhostBed (coupon code: MILEHIGHFI) Doug & Carl will be attending the EconoMe Conference in Cincinnati, OH on March 15-17, 2024. For those interested in attending, use the coupon code MILEHIGHFI at checkout to save 10%. https://economeconference.com/ Links “Mindy On Money” podcast Connect with Mindy Jensen: Email BiggerPockets Twitter/X EconoMe Conference Carl’s YouTube channel James Clear Derek Sivers Mark Manson Morgan Housel Morgan Housel on the Tim Ferriss podcast: “Morgan Housel — The Psychology of Money, Picking the Right Game, and the $6 Million Janitor (#576)” “Morgan Housel — Contrarian Money and Writing Advice, Three Simple Goals to Guide Your Life, Journaling Prompts, Choosing the Right Game to Play, Must-Read Books, and More (#702)” Pete Adeney/Mr. Money Mustache Descript (AI-Powered Video Editor) Mile High FI Facebook Group Doug’s site Carl’s blog: 1500 Days -- Join the Mile High FI Club – It’s our email list! Get MHFi Merch – It helps support the show. Get t-shirts & more **Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won't even make such a claim. You shouldn't take the info as financial, legal, or tax advice. We aren't certified financial planners or advisors. We're not qualified for much. So get advice from professionals.** Brought To You By: The Doug Show, aka Affiliate Marketing & Side Hustles 1500 Days, Carl's Blog about Early Retirement Email us here: [email protected] or [email protected] 0:00 Introduction 3:18 Mindy On Money 5:58 What we’ve learned 13:25 What we like about podcasting 16:32 Future guest wishlist 23:03 What’s coming up for the podcast 28:43 Interview skills

Doug and Carl chat with Diania Merriam about big events in her life in 2024 (a wedding & the EconoMe conference), struggles with scarcity mindset/shifting to an abundance mindset, and how these mindsets have influenced her approach to wedding planning. Along the way she discusses her transformative experience at the Hoffman Process retreat, especially as it relates to spending. Diania also provides a preview of EconoMe, an overview of the conference goals, and highlights the importance of community on the path to financial independence. Not planning to attend EconoMe? You can still hang out with us virtually by heading over to Buy Me A Coffee. Save 50% site-wide on your new mattress, pillow, and bedding over at GhostBed (coupon code: MILEHIGHFI) Doug & Carl will be attending the EconoMe Conference in Cincinnati, OH on March 15-17, 2024. For those interested in attending, use the coupon code MILEHIGHFI at checkout to save 10%. https://economeconference.com/ Links EconoMe Conference EconoMe YouTube Channel Optimal Finance Daily Podcast The Summit of Greatness Skyline Chili Cincinnati DJ Natalie Jones Hoffman Process Diania at CampFI, “Unlocking the Abundance Mindset | A Paradigm Shift” Carl & Mindy on Ramit Sethi’s podcast Mr Money Mustache, “Frugal Man Buys $52,000 Car - Why?” Mad Fientist on MHFI Episode 176 Diania on Doug.Show Podcast Episode 323 The Hoffman Process discussions on Tim Ferriss podcast with Andrew Huberman & Blake Mycoskie (founder of TOMS Shoes) Mile High FI Facebook Group Doug’s site Carl’s blog: 1500 Days -- Join the Mile High FI Club – It’s our email list! Get MHFi Merch – It helps support the show. Get t-shirts & more **Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won't even make such a claim. You shouldn't take the info as financial, legal, or tax advice. We aren't certified financial planners or advisors. We're not qualified for much. So get advice from professionals.** Brought To You By: The Doug Show, aka Affiliate Marketing & Side Hustles 1500 Days, Carl's Blog about Early Retirement Email us here: [email protected] or [email protected] 0:00 Introduction 1:17 Big 2024 events 6:58 Diania’s engagement story 16:16 Wedding planning & what it represents 24:47 Hoffman retreat & transition to spending money 31:55 Overcoming fear & embracing abundance 3...

Doug and Carl reflect on their paths to financial independence and discuss the advice they would have given their younger selves. Topics include college education/career paths, early savings, retirement account contributions, index fund investing, flexibility across different investments, strong work ethic, resilience, and of course... asparagus. Do you wish that your younger self found this podcast earlier in life? Well, you can't go back to the past, but there's still time to support us over at Buy Me A Coffee. Links Elon Musk University Bill Perkins, “Die With Zero” Morgan Housel, “Psychology of Money” Thomas J. Stanley, “The Millionaire Next Door” Sean Mullaney on MHFI Episode 114 Mile High FI Facebook Group Doug’s site Carl’s blog: 1500 Days -- Join the Mile High FI Club – It’s our email list! Get MHFi Merch – It helps support the show. Get t-shirts & more **Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won't even make such a claim. You shouldn't take the info as financial, legal, or tax advice. We aren't certified financial planners or advisors. We're not qualified for much. So get advice from professionals.** Brought To You By: The Doug Show, aka Affiliate Marketing & Side Hustles 1500 Days, Carl's Blog about Early Retirement Email us here: [email protected] or [email protected] 0:00 Introduction 1:17 Education & alternate career paths 6:35 Carl’s first post-college job 10:29 Doug’s early career jobs 15:51 Early investing experiences 20:19 Rich vs. wealthy 25:25 Investment strategies & lessons 33:42 Importance of work ethic 38:07 Final thoughts & advice 42:05 Soundcheck - Hangover cure

Paula Pant and J.D. Roth join Doug at FinCon 2023 to discuss their unique sabbaticals. Paula details her year-long break from 'Afford Anything' to pursue a Columbia University fellowship, while J.D. shares his experience stepping away from finance writing to pursue art and Taoism. They both open up about the challenges of their time off and future plans while also providing tips for those considering a sabbatical. Are you currently on a sabbatical and need something to fill your time? If so, come hang out & support us over at Buy Me A Coffee. Links Paula Pant/Afford Anything Afford Anything YouTube Channel Afford Anything, “Your First Rental Property” Course JD Roth/foldedspace Get Rich Slowly YouTube Channel Samuel Johnson, “The Idler” Bertrand Russell, “In Praise of Idleness” “Idler” magazine Thich Nhat Hanh, “The Miracle of Mindfulness” “Tao Te Ching” Robert Putnam, “Bowling Alone: The Collapse and Revival of American Community” Carl Richards FinCon Mile High FI Facebook Group Doug’s site Carl’s blog: 1500 Days -- Join the Mile High FI Club – It’s our email list! Get MHFi Merch – It helps support the show. Get t-shirts & more **Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won't even make such a claim. You shouldn't take the info as financial, legal, or tax advice. We aren't certified financial planners or advisors. We're not qualified for much. So get advice from professionals.** Brought To You By: The Doug Show, aka Affiliate Marketing & Side Hustles 1500 Days, Carl's Blog about Early Retirement Email us here: [email protected] or [email protected] 0:00 Introduction 3:27 Exploring the concept of idleness 7:34 Paula's sabbatical: Pursuing education & community 10:06 J.D.'s sabbatical: Embracing idleness & self-care 12:49 Paula’s sabbatical goals 16:50 The impact of community vs. isolation 22:13 Sabbatical push-back 26:58 J.D.’s sabbatical goals 29:43 Paula’s sabbatical challenges 36:03 J.D.’s sabbatical challenges 44:00 Paula’s advice for those considering a sabbatical 49:04 J.D.’s advice for those considering a sabbatical

Money Struggles, Celebrating Success, and Potential Return to Work (in the soundcheck) We discuss listeners' questions on their individual financial journeys. Topics covered include the struggle to attain financial independence, the guilt associated with spending large amounts, the decision to stay in a high-paying but unfulfilling job versus seeking a lower-paying but satisfying career, and the challenges of maintaining control amidst smaller and larger expenses. Lastly, Carl shared his thoughts on possibly returning to work if a specific, exciting opportunity comes his way, and we discussed our spending habits and attitudes to managing finances. Links: All The Hacks (includes discussion on Mint alternatives) Mad FIentist on Mile High FI Mark Trautman Money trackers: Empower: https://www.empower.com/ Kubera: https://www.kubera.com/ Copilot: https://copilot.money/ Projection Lab: https://projectionlab.com/ Mad FIentist FI Laboratory: https://www.madfientist.com/fi-laboratory/ -- Join the Mile High FI Club – It’s our email list! Get MHFi Merch – It helps support the show. Get t-shirts & more **Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won't even make such a claim. You shouldn't take the info as financial, legal, or tax advice. We aren't certified financial planners or advisors. We're not qualified for much. So get advice from professionals.** Brought To You By: The Doug Show, aka Affiliate Marketing & Side Hustles 1500 Days, Carl's Blog about Early Retirement Email us here: [email protected] or [email protected] 00:01 Introduction to the Mile High Fi Podcast 00:33 Discussing Money Struggles 01:12 The Demise of Mint: A Personal Finance Tool 02:19 Alternatives to Mint 09:18 Balancing Fulfilling Work and Financial Independence 13:05 Managing Spending and Saving 30:54 Spending Money on Experiences 31:55 The Concept of Time Bucketing 33:06 Reflecting on Personal Struggles 33:11 Evolving with Money 34:58 The Impact of Compound Interest 39:15 The Joy of Acquiring New Things 43:17 The Struggle with Small Purchases 50:26 The Importance of Surrounding Yourself with Like-minded People 53:27 Considering Going Back to Work

Doug and Carl have an in-depth conversation with Barbara Zink who is a mother & wife, an entrepreneur, and a personal finance enthusiast who describes herself as a "closet FI person." Barbara shares her FIRE journey and how cutting back on alcohol consumption has not only resulted in several health benefits, but has also contributed greatly to her financial goals - the money saved from not drinking has helped fund her children's 529 college plans, helped her start an online business, and funded a spousal IRA. Have you also decided to cut back on alcohol, but don't know what to do with all the savings? If so, come support us over at Buy Me A Coffee. Links ChooseFI podcast Mad Fientist podcast World Health Organization (WHO), “No level of alcohol consumption is safe for our health” Nick Loper/Side Hustle Nation Spousal IRA Huberman Lab, “What Alcohol Does to Your Body, Brain & Health” Allen Carr Mile High FI Facebook Group Doug’s site Carl’s blog: 1500 Days -- Join the Mile High FI Club – It’s our email list! Get MHFi Merch – It helps support the show. Get t-shirts & more **Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won't even make such a claim. You shouldn't take the info as financial, legal, or tax advice. We aren't certified financial planners or advisors. We're not qualified for much. So get advice from professionals.** Brought To You By: The Doug Show, aka Affiliate Marketing & Side Hustles 1500 Days, Carl's Blog about Early Retirement Email us here: [email protected] or [email protected] 0:00 Introduction 3:29 Barbara's background & discovering FIRE 8:58 Water-saving tips 14:08 Decision to quit alcohol 19:54 Health benefits of quitting alcohol 26:09 Starting an e-commerce business 35:39 Impact of quitting alcohol 39:55 Triggers & tips to break alcohol habits 43:54 The power of community in sobriety 49:06 Soundcheck - Coffee vs. Mountain Dew

Carl and Doug unpack the pursuit of happiness and the winding road to early retirement. From life's unexpected twists to the importance of relationships beyond the balance sheet, they explore what it really means to live a fulfilling life post-FIRE. Listen-in for a blend of finance, philosophy, and insights, all served up with a side of personal stories & anecdotes. Note: This is a rebroadcast of MHFI Episode 006 and 088. Do we contribute to your happiness? If so, come support us over at Buy Me A Coffee. Links 1500 Days to Freedom, “7 Thoughts On Happiness: Part 1” 1500 Days to Freedom, “Happiness Series Part 2: Five Big-Ass Spending Experiments” 1500 Days to Freedom, “Happiness Part 3: Deep Contentment Is The Goal” Mr. Money Mustache JD Roth Tim Ferriss Tim Ferriss, “The 4-Hour Workweek” Tim Ferriss Podcast, “Rolf Potts - The Vagabond’s Way” Naval Ravikant Rolf Potts, “Vagabonding” FI Chautauqua Sonja Lyubomirsky Joe Rogan Experience, “1961-Peter Attia” Mark Manson, “The Subtle Art of Not Giving a F*ck” Wait But Why, “Taming the Mammoth” Living a FI, “The 2021 Early-Retirement Update" ChooseFI Local Groups CampFI Mile High FI Facebook Group Doug’s site Carl’s blog: 1500 Days -- Join the Mile High FI Club – It’s our email list! Get MHFi Merch – It helps support the show. Get t-shirts & more **Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won't even make such a claim. You shouldn't take the info as financial, legal, or tax advice. We aren't certified financial planners or advisors. We're not qualified for much. So get advice from professionals.** Brought To You By: The Doug Show, aka Affiliate Marketing & Side Hustles 1500 Days, Carl's Blog about Early Retirement Email us here: [email protected] or [email protected] 0:00 Introduction 5:35 Thoughts on happiness 11:03 The science behind happiness 20:52 Pleasure, meaning, and challenges 24:35 Doug & Carl’s happiness histories 34:15 What did not lead to happiness 40:56 Happy times 47:43 Power of community 54:37 FIRE unhappiness 59:44 Easing into retirement 1:07:36 Self-doubt & purpose 1:15:33 Flexibility, sabba...

Doug and Carl answer questions from the Facebook mailbag. Sam: How important were the live-in flips and other real estate ventures that you and Mindy got into impact your success and overall net worth? Patrick: With all of Carl’s DIY experience, what house projects would he now hire out (like flooring, tile, drywall, or bathroom remodels) instead of spending the time doing it yourself? Lauren: Want to know the opinions of relocating from a low cost-of-living-area to a high cost-of-living-area to be closer to outdoor activities that you love and find a community you identify with. Should someone do it and what tips do you have? Hallie: Has Doug tried Melanzana’s Wind Pro Sweatpants? Claudia: How would you do Roth conversions when you have a mix of 401k, IRA, a Roth IRA, and brokerage account? How do you convert when you’re still working, but you’re going to retire soon and you want to minimize taxes now but also in the future? (Approx 3 years from retirement) Do you have a burning question that you'd like answered? Come join the Mile High FI Facebook group or come support us over at Buy Me A Coffee. Links 1500 Days Post, "How to Successfully Flip Homes For Fun and Profit" South Park, “You Call the Handyman” Paula Pant/Afford Anything Ramit Sethi, “Why I Don’t Own a House as a Multi-Millionaire” FinCon CampFI Maggie Tucker/Inside Out Money Downshift Financial Mile High FI Facebook Group Doug’s site Carl’s blog: 1500 Days -- Join the Mile High FI Club – It’s our email list! Get MHFi Merch – It helps support the show. Get t-shirts & more **Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won't even make such a claim. You shouldn't take the info as financial, legal, or tax advice. We aren't certified financial planners or advisors. We're not qualified for much. So get advice from professionals.** Brought To You By: The Doug Show, aka Affiliate Marketing & Side Hustles 1500 Days, Carl's Blog about Early Retirement Email us here: [email protected] or [email protected] 0:00 Introduction 1:08 Question 1: Importance of live-in flips 9:40 Question 2: DIY vs. hiring out 14:37 Tips for finding contractors 19:02 Concerts & recent activities 30:25 Question 3: Relocating to a high cost-of-living area 37:44 Question 4: Melanzana sweatpants 40:04 Question 5: Roth conversions 45:10 Flexible buckets to draw from 53:40 Soundcheck - Melanzana

Join Carl and Doug as they share practical travel tips such as the benefits of TSA Pre-check, understanding ideal travel lengths, and the importance of downtime during vacations. They also share money-saving tips like using credit card benefits and the art of negotiating hotel fees. In the soundcheck Carl and Doug talk about their weekend in Breckenridge, savoring the snowy weather over beers and spirited book-writing sessions. Listener Question: What is your best travel tip? Do you love the Mile High FI podcast? If so, travel hack your way over to Buy Me A Coffee to support the show. Help remember your travels by using the Canon Ivy 2 Mini Photo Printer. You can purchase your own printer at Amazon. Links EconoMe Conference CampFI Google Flights Kristen Cornett Mile High FI Facebook Group Doug’s site Carl’s blog: 1500 Days -- Join the Mile High FI Club – It’s our email list! Get MHFi Merch – It helps support the show. Get t-shirts & more **Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won't even make such a claim. You shouldn't take the info as financial, legal, or tax advice. We aren't certified financial planners or advisors. We're not qualified for much. So get advice from professionals.** Brought To You By: The Doug Show, aka Affiliate Marketing & Side Hustles 1500 Days, Carl's Blog about Early Retirement Email us here: [email protected] or [email protected] 0:00 Introduction 6:49 Travel year-in-review 12:04 Travel logistics & packing 20:00 Ideal trip length 24:26 Food & meal planning 30:02 Staying in prime locations & commuting options 36:50 Money saving tips 40:51 Airline and credit card hacks 48:49 Making the most of your travel experience 52:54 Remembering your travels 58:31 Don’t over-plan 01:07:12 Soundcheck - Breckenridge

We lost a legend on Nov 28, 2023. Carl and I recorded a special live stream on YouTube. Charlie was really influential for Carl. So we talk about the time Carl almost met him in Omaha. Then, we try to guess what he might order at McDonalds, hypothetically. Carl shares his favorite quotes from Charlie. Charlie Munger Born: January 1, 1924, Omaha, NE Died: November 28, 2023

Doug and Carl talk about sleeping better. Both have been terrible sleepers in the past and have improved a lot recently. They discuss several of their top changes and provide various sleep tips along the way: Sleep history, struggles, and habits Sleep goals and why these are important Tips: Don’t have an alarm/wake up naturally Maintain a consistent sleep schedule Hot showers before bedtime Keeping it dark Sleep hygiene, temperature, and white noise Avoiding stressful activities before bedtime Avoid eating before bedtime No alcohol Don’t drink fluids before bedtime Exercise early in the day Optional sleep supplements Listener Question: What is your best sleep tip? Do you need help falling asleep? We've been told the Mile High FI podcast is a great substitute for white noise! Come give it a try over at Buy Me A Coffee. Save 50% site-wide on your new mattress, pillow, and bedding over at GhostBed (coupon code: MILEHIGHFI) Links Brad Barrett/ChooseFI Top Sleep Tips from Sam Soete FinCon CampFI Huberman Lab supplements Peter Attia sleep Mile High FI Facebook Group Doug’s site Carl’s blog: 1500 Days -- Join the Mile High FI Club – It’s our email list! Get MHFi Merch – It helps support the show. Get t-shirts & more **Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won't even make such a claim. You shouldn't take the info as financial, legal, or tax advice. We aren't certified financial planners or advisors. We're not qualified for much. So get advice from professionals.** Brought To You By: The Doug Show, aka Affiliate Marketing & Side Hustles 1500 Days, Carl's Blog about Early Retirement Email us here: [email protected] or [email protected] 0:00 Introduction 3:28 Sleep history & struggles 12:58 Current sleep habits & goals 19:46 Tip: Wake up naturally 23:31 Tip: Consistent sleep schedule 26:37 Tip: Sleep environment & hygiene 33:50 Dreams 40:11 Tip: Things to avoid before bedtime 47:32 Supplements 52:15 Soundcheck - Fitness goal updates

Carl and Doug explore the nuances of early retirement, diving into aspects ranging from daily life to responsible financial drawdowns. They also address withdrawal strategies, involving rental properties and index funds, automated transfers, and how to handle Required Minimum Distributions (RMDs). The discussion expands into elements of happiness in retirement, spending decisions and the implication of tax optimization and reinvestment. Additionally, a conversation about handwritten notes vs. digital tools unfolds, shedding light on the benefits of ‘old-school’ note-taking. Listener Questions: What does your retired life look like? Do you still work, do you have income, do you still consider yourself retired if you do? What does your daily routine look like? Do you have a withdrawal strategy that provides excess savings? If so, don’t let that money go to waste. Come support us over at Buy Me A Coffee. Links Get your DIY colonoscopy kit, A.S.S.: MileHighFI.com/ASS Carla & Robert on Mile High FI episode 012 Arik Peterson on Mile High FI episode 090 Mr. Money Mustache Mindy Jensen, First-Time Home Buyer Chris & Deb (Go Bucket Yourself) on Mile High FI episode 052 Mark Trautman, The Fun Bucket FI Calc Sean Mullaney Mad Fientist, Tax-Gain Harvesting Mad Fientist, How to Access Retirement Funds Early Downshift Financial Bullet Journaling Mile High FI Facebook Group Doug’s site Carl’s blog: 1500 Days — Join the Mile High FI Club – It’s our email list! Get MHFi Merch – It helps support the show. Get t-shirts & more **Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won’t even make such a claim. You shouldn’t take the info as financial, legal, or tax advice. We aren’t certified financial planners or advisors. We’re not qualified for much. So get advice from professionals.** Brought To You By: The Doug Show, aka Affiliate Marketing & Side Hustles 1500 Days, Carl’s Blog about Early Retirement Email us here: [email protected] or [email protected] 0:00 Introduction 1:05 Post-FI life 10:34 What does FI look like? 18:51 Shifting interests 25:59 Rental properties & retirement income 30:31 Index fund withdrawal strategy 35:46 Withdrawal frequency & amount 46:37 RMDs and tax strategies 57:34 Professional financial advice 1:07:24 Soundcheck – Paper notebooks

Grab your headphones for an eclectic episode of Mile High FI with hosts Carl Jensen and Doug Cunnington where they chat with special guest Mindy Jensen. They dive into life with a Tesla, the unforeseen hazards of owning one, and smart college fund investments for children. They also share their personal experiences from the recent FinCon conference and future financial independence retreats. In the soundcheck they embark on an entertaining journey reminiscing about a recent Guns N' Roses concert, their insightful views on the band's performance, and the unique aging crowd demographic. Poised amid finance and rock, their hearty banter is filled with sharp insights and humor, making this episode a must-listen. Do you love Mile High FI? You betcha! Support us over at Buy Me A Coffee. Save 50% site-wide on your new mattress, pillow, and bedding over at GhostBed (coupon code: MILEHIGHFI) Links Get your A.S.S. eggnog lube: MileHighFI.com/ASS Wim Hof FinCon Paula Pant/Afford Anything JD Roth Steve Stewart Brad Barrett/ChooseFI Joel Larsgaard/How To Money Jordan Grumet Andrew Giancola/The Personal Finance Podcast Pete Adeney/Mr. Money Mustache Original 4% Rule article from Bill Bengen Quit Like a Millionaire Go Curry Cracker: The Path to 100% Equities NoCo Mustachians BPCON Robert Farrington/The College Investor Travis Hornsby/Student Loan Planner ChooseFI Local Groups GoWithLess CampFI Econome Connect with Mindy Jensen: Email BiggerPockets Twitter/X Mile High FI Facebook Group Doug’s site Carl’s blog: 1500 Days Do you want a Tesla too? Save some money and get 3 months of FSD with Carl’s referral code. -- Join the Mile High FI Club – It’s our email list! Get MHFi Merch – It helps support the show. Get t-shirts & more **Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won't even make such a claim. You shouldn't take the info as financial, legal, or tax advice. We are...

Doug and Carl answer questions from the mailbag. Intro: Doug & Carl discuss their weddings and advice for others Questions answered: Carl: How big is Doug’s Emergency Fund? Mike: What is Carl going to do with his Tesla Stock? Tahir: Plans to buy a house outright, works part-time as a college professor, with tutoring as a side-hustle on the way to CoastFI. Is this a good plan or should there be a change in course? Listener Question: What do you think of Doug’s emergency fund situation? Can't wait to get your special asparagus stickers? Be the first (and perhaps only) person in line by heading over to Buy Me A Coffee. Links Downshift Financial Downshift Financial on MHFI 024 Downshift Financial on MHFI 056 Mark’s Money Mind Mile High FI Facebook Group Doug’s site Carl’s blog: 1500 Days -- Join the Mile High FI Club – It’s our email list! Get MHFi Merch – It helps support the show. Get t-shirts & more **Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won't even make such a claim. You shouldn't take the info as financial, legal, or tax advice. We aren't certified financial planners or advisors. We're not qualified for much. So get advice from professionals.** Brought To You By: The Doug Show, aka Affiliate Marketing & Side Hustles 1500 Days, Carl's Blog about Early Retirement Email us here: [email protected] or [email protected] 0:00 Introduction 1:09 Weddings 7:48 Question 1: Emergency fund 16:00 Professional financial advice 21:26 Question 2: Tesla stock 32:30 Question 3: CoastFI plan 40:47 Soundcheck - Hiking

Doug and Carl talk about fitness per request of listener Rakesh. Topics include fitness updates/observations, goals, and tips. Intro: Poor phone etiquette Workout routines & fasting Doug’s busy summer - more eating, less exercise Eating on the road Working out while traveling Carl’s lack of rest and hearing scare Growing old Blood-work - high cholesterol & blood pressure Doug’s goals - lower body fat, calorie tracking/eating better Carl’s goals - better sleep, lower blood pressure/resting heart rate, walk 25K steps a day, 10 pull-ups in a row Staying accountable Listener Question: How do you keep motivated (to stay on track with fitness)? Help us stay accountable to you by supporting us over at Buy Me A Coffee. Links Huberman Lab The Peter Attia Drive Podcast – Peter Attia Mile High FI Facebook Group Dan Manwaring on MHFI Doug’s site Carl’s blog: 1500 Days -- Join the Mile High FI Club – It’s our email list! Get MHFi Merch – It helps support the show. Get t-shirts & more **Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won't even make such a claim. You shouldn't take the info as financial, legal, or tax advice. We aren't certified financial planners or advisors. We're not qualified for much. So get advice from professionals.** Brought To You By: The Doug Show, aka Affiliate Marketing & Side Hustles 1500 Days, Carl's Blog about Early Retirement Email us here: [email protected] or [email protected] 0:00 Introduction 1:24 Phones 9:39 Workouts 14:37 Doug’s fitness updates 23:36 Carl’s fitness updates 30:04 Growing old 43:48 Doug’s goals 52:59 Carl’s goals 57:01 Accountability & tips 1:04:38 Soundcheck - Minivan

Doug and Carl talk to Frances and Peter about their finances. Topics include Coast FI, real estate investing, emergency funds, and civet coffee (google it, we dare you!). Intro: A crazy purchase. Team Asparagus. Coast FI Should they invest in more real estate? The great “paying off the house” debate rages on Were they too Frugal? Challenges Frances and Peter’s numbers The Ideal Life Recommendations: $125,000 in investments is a great start, but suggest getting that number bigger before coasting. Since their income is good, consider a solo 410(k) to reduce taxable income. Settle your house situation to get the money off the sidelines. $40,000 is a lot to have in cash. Consider deploying some of that into investment accounts. Don’t sacrifice happiness now. Live life, even if it takes a little longer to retire. Listener Question: What did Doug and Carl get right? What did they get wrong? What advice would you give Frances and Peter? Do you love Mile High FI? Sure you do. We all do, except for that one YouTube troll. But who cares about him anyway. Support us over at Buy Me A Coffee. Links Frances’ bookkeeping service Coast FI with the FIoneers Mile High FI on Youtube Mile High FI Facebook Group Support Mile High FI Get a Mile High FI t-shirt Doug’s site Carl’s blog: 1500 Days -- Join the Mile High FI Club – It’s our email list! Get MHFi Merch – It helps support the show. Get t-shirts & more **Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won't even make such a claim. You shouldn't take the info as financial, legal, or tax advice. We aren't certified financial planners or advisors. We're not qualified for much. So get advice from professionals.** Brought To You By: The Doug Show, aka Affiliate Marketing & Side Hustles 1500 Days, Carl's Blog about Early Retirement Email us here: [email protected] or [email protected] 0:00 Introduction 1:27 Coffee & asparagus 7:57 Case study background 18:29 Housing Pt. 1 29:33 Frugal in recovery 35:57 Ideal $10MM life 46:30 The numbers 59:09 Housing Pt. 2 1:04:39 Final advice 1:11:57 Soundcheck - The big event

Doug, Carl and special guest Mindy talk about Carl’s $12,000 concert weekend. Was it worth it? Would he do it again? What is his next Big Thing? Intro: Doug has an addiction. A Melanzana addiction. How Carl came to buy a private show and what Mindy thought about it Concert weekend Regrets? What stressed Carl out Soundcheck: Did Mindy like the Webb Brothers or Duran Duran more? Listener Question: If you could put on a big event like Carl, what would it be? Do you love Mile High FI? Awwww, we love you too. Support us over at Buy Me A Coffee. Links The Webb Brothers and their Kickstarter James Webb’s beautiful song Connect with Mindy Jensen: Email BiggerPockets Mile High FI Facebook Group Support Mile High FI Doug’s site Carl’s blog: 1500 Days -- Join the Mile High FI Club – It’s our email list! Get MHFi Merch – It helps support the show. Get t-shirts & more **Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won't even make such a claim. You shouldn't take the info as financial, legal, or tax advice. We aren't certified financial planners or advisors. We're not qualified for much. So get advice from professionals.** Brought To You By: The Doug Show, aka Affiliate Marketing & Side Hustles 1500 Days, Carl's Blog about Early Retirement Email us here: [email protected] or [email protected] 0:00 Introduction 1:28 Doug’s addiction 8:09 Concert origins 16:12 Attendees & meeting the band 23:54 Post-concert thoughts 31:30 Big things 37:50 Soundcheck - Duran Duran

Doug, Carl and special guest Mindy discuss listener questions submitted on the Mile High FI Facebook group. They talk about mortgages, what Carl would have done differently, frugality, and living in an expensive city. Intro: Are you on Team Pumpkin Spice? The debate exposes divisions within the Mile High FI team. Should you wait to buy a house? Carl didn’t do FIRE correctly. Frugality: Cell phone plans, food, and Costco tips I live in an expensive city. What should I do? Soundcheck: Mindy can say naughty words on Mile High FI. Will she? Listener Question: Are high mortgage rates preventing you from moving or buying a home? Mile High FI has a new sponsor, A.S.S, a DIY colonoscopy kit! We’re so excited to get behind this product! To save 10% and get a free tube of pumpkin spice lube, go to milehighfi.com/ass Links Historical mortgage rates Connect with Mindy Jensen: Email BiggerPockets Mile High FI Facebook Group Doug’s site Carl’s blog: 1500 Days -- Join the Mile High FI Club – It’s our email list! Get MHFi Merch – It helps support the show. Get t-shirts & more **Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won't even make such a claim. You shouldn't take the info as financial, legal, or tax advice. We aren't certified financial planners or advisors. We're not qualified for much. So get advice from professionals.** Brought To You By: The Doug Show, aka Affiliate Marketing & Side Hustles 1500 Days, Carl's Blog about Early Retirement Email us here: [email protected] or [email protected] 0:00 Introduction 2:03 Pumpkin spice 6:31 Should I wait to buy a house? 11:10 What changes would you make yesterday? 19:45 What is Doug frugal with on a daily basis? 26:51 What is Mindy frugal with? 32:22 What is Carl frugal with? 36:15 What would you spend money on? 40:59 What to do if you’re living in a high cost of living area? 52:50 Soundcheck - Goodwill & Asparagus

Doug and Carl review 4 listener case studies. Listener #1 loved his 38 year career. Listener #2 is only 27, but is ready to hang up the keyboard. Listener #3 wants advice on how to leave his job. Listener #4 makes the case for going part-time. Intro: Doug talks about his Never Nude Ken doll. Carl talks about what his Ken doll would look like. Steve LOVED his career and makes the case for work. Ryan LOVES to ski and at the age of 27, doesn’t want to work anymore. Is this a good idea? Zak wants to make the jump to freelance life and is looking for advice. Kevin part-times his way to happiness, even though it’s delaying his FI date. Listener Question: If your net worth magically went to $100,000,000 tomorrow, would you still work? If so, what do you do and is your employer hiring? Leave your answer in the comments. Do you love Mile High FI? Support us at Buy Me A Coffee Do you hate Mile High FI? Give us $100,000,000 and we’ll stop forever! Buy Me A Coffee Links JT on Mile High FI: Hitting In Big Tech Never Nude Barbie Mile High FI Facebook Group Doug’s site Carl’s blog: 1500 Days -- Join the Mile High FI Club – It’s our email list! Get MHFi Merch – It helps support the show. Get t-shirts & more **Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won't even make such a claim. You shouldn't take the info as financial, legal, or tax advice. We aren't certified financial planners or advisors. We're not qualified for much. So get advice from professionals.** Brought To You By: The Doug Show, aka Affiliate Marketing & Side Hustles 1500 Days, Carl's Blog about Early Retirement Email us here: [email protected] or [email protected] 0:00 Introduction 1:52 MHFI Dolls 6:36 Case Study 1 (Steve): Pro-Work 16:32 Case Study 2 (Ryan): Ski or work hard? 25:06 Case Study 3 (Zak): Freelancing 34:02 Case Study 4 (Kevin): Reduced schedule 40:53 Transitioning from work 47:29 What job would you work for $10MM? 55:43 Soundcheck - Barbie

Doug and Carl talk about spending big on experiences including Carl’s Taylor Swift show. When is big spending appropriate? When is it not? Is it OK to experiment with spending? Intro: Doug cooks in Atlanta while Carl coughs in Longmont Why Carl went to the Taylor Swift show How much Carl paid for the ticket (hint: > $999) Why being an old dude at a Taylor Swift show is strange What Doug spends money on Is it OK to fail with spending? What Doug and Carl are going to spend on this year Soundcheck: Carl asks Doug about the mysterious origins of his name. Listener Question: If you had $10,000 to spend on an experience, what would it be? Leave your answer in the comments. It’s hot in Colorado. The Mile High FI studio in Doug’s basement is hot. Help keep the studio cool and get hot stuff: Buy Me A Coffee Links Die With Zero Carl and Mindy: Behind the Scenes with Ramit Sethi How To Money Carl’s $10,000 private concert Mile High FI Facebook Group Doug’s site Carl’s blog: 1500 Days -- Join the Mile High FI Club – It’s our email list! Get MHFi Merch – It helps support the show. Get t-shirts & more **Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won't even make such a claim. You shouldn't take the info as financial, legal, or tax advice. We aren't certified financial planners or advisors. We're not qualified for much. So get advice from professionals.** Brought To You By: The Doug Show, aka Affiliate Marketing & Side Hustles 1500 Days, Carl's Blog about Early Retirement Email us here: [email protected] or [email protected] 0:00 Introduction 1:39 Recent travels 10:10 Taylor Swift concert experience 19:23 Is Carl crazy? 25:33 Spending big money 30:04 Experiments with spending 36:15 Future spending 43:58 Soundcheck - Nicknames

Doug and Amberly talk all about credit, from tips for higher credit scores to tackling common myths via a game of True/False. Doug also discusses his own experience with foreclosure and how his credit was impacted. Doug’s distrust of banks/large institutions. Amberly’s view of the credit system as a necessary evil. Explanation of credit scores & ranges. Tips for a higher credit score: Become an authorized user Pay your bills on time Dispute anything wrong on your credit report Pay off collections Use a secure credit card Strategically paying credit cards Ask for higher credit limits Apply for new credit cards Add to your credit mix Doug’s foreclosure experience and impacts to his credit score. Credit score game: True or False. When buying a house you cannot shop around for loans because each time you shop you get hit negatively on your credit score. True or False. You can’t improve your credit score if you have bad credit. True or False. Carrying a balance on your credit card will improve your credit score. Should you close old credit cards to improve your credit score? True or False. Churning would lower your score to a level that negatively impacts it. True or False. 0% credit cards are free interest for one whole year. True or False. If you miss a payment on your credit card they report it to the credit bureau right away. Looking to boost your credit score? If so, head on over to Buy Me A Coffee. We doubt the official credit bureaus will even notice, but in our eyes you'll have a perfect score! Links Entrepreneurship: From Mac & Cheese to Fintech | MHFI 166 (Intro to Nexus banking) Nerd Wallet tips: “How to Improve Credit Fast” Lauren & Steven, Trip of a Lifestyle Steven Keys (Trip of a Lifestyle) on The Doug Show Doug’s site Carl’s blog: 1500 Days Connect with Amberly Grant! AmberlyGrant.com FinTalks Instagram Facebook -- Join the Mile High FI Club – It’s our email list! Get MHFi Merch – It helps support the show. Get t-shirts & more **Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won't even make such a claim. You shouldn't take the info as financial, legal, or tax advice. We aren't certified financial planners or advisors. We're not qualified for much. So get advice from professionals.** Brought To You By: The Doug Show, aka Affiliate Marketing & Side Hustles 1500 Days, Carl's Blog about Early Retirement Email us here: [email protected] or [email protected] 0:00 Introduction 7:50 Thoughts on credit 12:50 Credit scoring 20:10 Tips for a higher credit score 31:22 Foreclosure & credit impacts 41:24 Credit score game 53:53 Support the show? 59:40 Soundcheck - Sushi

Doug and Carl talk to Stephen Baughier about a couple different topics - CampFI and cohousing. Plus, new show sponsor - PeeRidica! CampFI: Origins, evolution, challenges, changes on the horizon, what attendees should expect, and tips for newcomers Cohousing: “An efficient neighborhood that builds community”, cohousing basics, Stephen’s specific project (EAGLE Cohousing) in Warner Robins, Georgia Looking to buy a bottle of PeeRidica, but can't find it online or in-store anywhere? Available exclusively at Buy Me A Coffee! Carl will be attending CampFI Southwest in Julian, CA on October 6-9, 2023. For those interested in attending, use the coupon code JENSEN at checkout to save 10%. https://campfi.org/event/campfi-southwest-2023/ Links CampFI Events YouTube Channel Contact information Eagle Co-housing contact information Camp Mustache MHFI episodes recorded live at CampFI Camp FI Rocky Mountain Panel 2021 | MHFI 015 Creating Camp FI with Stephen Baughier | MHFI 016 Live Q&A with Diania Merriam & Maggie Tucker at Camp FI Southeast | MHFI 068 CAMP FI Southeast LIVE Panel with Maggie Tucker | MHFI 072 Live Q&A at CampFI Southeast | MHFI 104 CampFI LIVE Week 1 | MHFI 175 CampFI LIVE Week 2 | MHFI 179 Marla Taner CohoUS: A Community of Communities Doug’s site Carl’s blog: 1500 Days -- Join the Mile High FI Club – It’s our email list! Get MHFi Merch – It helps support the show. Get t-shorts & more **Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won't even make such a claim. You shouldn't take the info as financial, legal, or tax advice. We aren't certified financial planners or advisors. We're not qualified for much. So get advice from professionals.** Brought To You By: The Doug Show, aka Affiliate Marketing & Side Hustles 1500 Days, Carl's Blog about Early Retirement Email us here: [email protected] or [email protected] 0:00 Introduction 5:27 CampFI origins & evolution 11:50 Breakout sessions 18:09 Challenges 27:00 What to expect/tips 34:56 Cohousing basics 40:26 Stephen’s cohousing project 54:56 Warner Robins 1:04:13 For those interested in cohousing 1:12:36 CampFI speakers