The Financial Independence Show

Today’s episode features Brooke Packard, the teacher, realtor, real estate investor, cleaning business owner, physical product creator… what doesn’t she do? Brooke was always interested in making more money from a young age. Her first entrepreneurial venture was her cleaning business, BP’s Easy Living, which she’s scaled from a one-woman operation to a team of 13 and growing. But the ideas didn’t stop there. Brooke is maximizing every hour of her day and continuing to build businesses for financial freedom. Give the episode a listen and see how she plans to retire by 30! Links From the Episode Brooke’s Instagram Brooke’s Cleaning Company Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Grab our FREE Budget Planner Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFIshow [dot] com If you like what you hear, please subscribe and leave a rating/review! >> You can do that by clicking here << Learn More About Your Hosts Fly to FI (Cody’s Blog) Saving-Sherpa (Justin’s blog)

Today’s episode features author, speaker, and mentor Adam Carroll. Adam shares with us his favorite finance technique that he calls “The Shred Method” which looks to utilize your HELOC (home equity line of credit) loan to its full potential. He also covers some of the powerful mindsets that he believes in which he shares with colleges and corporations across the country. It’s clear why Adam has been picked up for TED talks. His passion and unique views are something everyone should take the time to hear. Listen to this episode and reach out with your thoughts! Links From the Episode Adam’s Website The Shred Method Adam’s Books Build a Bigger Life Podcast Mastery of Money YouTube Channel Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Grab our FREE Budget Planner Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFIshow [dot] com If you like what you hear, please subscribe and leave a rating/review! >> You can do that by clicking here << Learn More About Your Hosts Fly to FI (Cody’s Blog) Saving-Sherpa (Justin’s blog)

In this roundup episode, the FI Show Guys talk about resiliency, creating your own unique path, and the power of networking. Our last three guests — Allegra Paris, Jennifer Magley, and Ryan Helms — all taught us that success doesn’t happen overnight. It’s through repeated hard work, embracing and learning from failure, and bringing the right people into your inner circle. Want to hear how Cody and Justin have witnessed similar experiences in their own lives? Then this episode is for you! We hope you take this episode and think about how you can utilize some of these tactics and mental frameworks for yourself. Links From the Episode Allegra Paris Episode Jennifer Magley Episode Ryan Helms Episode Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Grab our FREE Budget Planner Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFIshow [dot] com If you like what you hear, please subscribe and leave a rating/review! >> You can do that by clicking here << Learn More About Your Hosts Fly to FI (Cody’s Blog) Saving-Sherpa (Justin’s blog)

Today’s episode features Ryan Helms from Legacy Podcasting. Ryan actually liked his position earning 6-figures in the supply chain industry, but he knew that there was something more out there for him. He initially started a podcast to learn from and talk with a collection of people. That quickly led him into helping other content creators build their brands. Today, Ryan’s marketing agency is bringing in multiple six figures and he’s helped dozens of entrepreneurs and small businesses grow their reach and impact. Listen to this episode if you’re looking to quit your job, grow a business, and create an intentional lifestyle! Links From the Episode Legacy Podcasting YouTube – Podcast School Ryan’s LinkedIn Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Grab our FREE Budget Planner Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFIshow [dot] com If you like what you hear, please subscribe and leave a rating/review! >> You can do that by clicking here << Learn More About Your Hosts Fly to FI (Cody’s Blog) Saving-Sherpa (Justin’s blog)

Today’s episode features former professional Tennis player and NCAA Div 1 head coach Jennifer Magley. Jennifer started her life as a professional athlete but was forced to reinvent herself like so many athletes often do. She had to learn to be likeable and shed her unwavering competitiveness. Since then, Jennifer has become a leader in connection and networking. Jennifer has also written two books, attends countless speaking engagements, and does amazing charitable work — all while crushing it as a mom. Listen to today’s episode for some amazing mindset and personal improvement tips! Links From the Episode magleyjennifer.com Book – How to be a Queen: A Leadership Fable Book – Division 1 LinkedIn YouTube Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Grab our FREE Budget Planner Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFIshow [dot] com If you like what you hear, please subscribe and leave a rating/review! >> You can do that by clicking here << Learn More About Your Hosts Fly to FI (Cody’s Blog) Saving-Sherpa (Justin’s blog)

Today’s episode features Allegra Paris from AllegraParis.com and the AP Fit program. If you look today, Allegra has created a successful and rewarding personal training business. She’s helping others while also building a brand that provides her a life she loves. But things weren’t always that simple. Allegra was facing massive burnout trying to make things work in New York City with her clothing brand and one-on-one training sessions. Eventually, she was forced to pivot and adapt when the world turned upside down (looking at you, COVID). Listen to today’s episode for an inspiring story including tips on taking a business virtual, sourcing clients, and crushing social media. Links From the Episode AllegraParis.com Allegra’s Instagram Allegra’s TikTok Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Grab our FREE Budget Planner Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFIshow [dot] com If you like what you hear, please subscribe and leave a rating/review! >> You can do that by clicking here << Learn More About Your Hosts Fly to FI (Cody’s Blog) Saving-Sherpa (Justin’s blog)

In this roundup episode, the FI Show Guys talk about how FI has given them flexibility and freedom. Reflecting on the 4% rule, cashflow FI, and the levels of financial independence you hit along the way. Want more confidence in negotiations? How about less stress when something goes wrong? Maybe even to feel free enough to take a chance with a career change? These are all fantastic benefits that FI brings. We hope you take this episode and either reflect on your journey or get inspired to start one. Links From the Episode FI-Lexibility with Diania Merriam The 4% Rule with Bill Bengen Slow FI with Jessica Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Grab our FREE Budget Planner Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFIshow [dot] com If you like what you hear, please subscribe and leave a rating/review! >> You can do that by clicking here << Learn More About Your Hosts Fly to FI (Cody’s Blog) Saving-Sherpa (Justin’s blog)

Today’s episode features Jessica from The Fioneers. Jessica wasn’t always financially savvy and started her career making just $11k per year. Then, her husband introduced the ideology of retiring early and Jessica started climbing the corporate ladder. She quickly realized that racing towards financial independence at a rapid pace was taking too heavy of a toll on herself, so she changed course. No longer would she be hyper-focused on a retirement date but instead embraced what she calls “Slow FI”. Taking the benefits of incremental freedoms along the way and enjoying the journey without burning yourself out just to shave some time off your working years. Jessica will challenge your beliefs of FI, so take a listen and see how your mindset may change. Links From the Episode The Fioneers Website Slow FI Interview Series Fioneers on Twitter Slow FI Facebook Group Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Grab our FREE Budget Planner Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFIshow [dot] com If you like what you hear, please subscribe and leave a rating/review! >> You can do that by clicking here << Learn More About Your Hosts Fly to FI (Cody’s Blog) Saving-Sherpa (Justin’s blog)

Today’s episode features Bill Bengen, creator of the 4% rule. The 4% rule is arguably the most famous and influential research of the financial independence movement. The rule essentially says that you can safely withdraw 4% of your invested nest egg without ever completely depleting that nest egg. That means for every $100k you have invested, that you can spend $4k per year indefinitely. Bill has spent decades and countless hours tweaking these calculations and looking for any weakness in its logic. In this episode, we’ll hear Bill’s latest updates and what he now thinks about the 4% rule all these years later. Now take some time and see if Bill still believes the 4% rule is a safe path to early retirement. Links From the Episode LinkedIn Bill’s Original Research Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Grab our FREE Budget Planner Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFIshow [dot] com If you like what you hear, please subscribe and leave a rating/review! >> You can do that by clicking here << Learn More About Your Hosts Fly to FI (Cody’s Blog) Saving-Sherpa (Justin’s blog)

Today’s episode features the founder of EconoMe, Diania Merriam. Diania wasn’t always into money. She had her time in New York where she went through a phase many of us struggle with — blowing money and living it up in our 20s. Diania decided to revamp her lifestyle but wanted to do so without giving up the experiences. She traded going out to eat for hosting dinner parties. Instead of going out shopping, she hosted clothes swaps. Then, Diania took it a step further by relocating to Cincinnati — a city where she still feels like she has the amenities of a big city for a fraction of the New York price tag. After pursuing financial independence for a few years, Diania wanted to build a conference that inspired people and recharged their passion for personal finance. She knew she wanted something that was in person, had a high production value, and that gave a ton of value in a small amount of time. That’s where EconoMe was born! You can join the likes of Bitches Get Riches, Kiersten Saunders, Joe Saul-Sehy, and more great speakers at this year’s event. Use promo code FISHOW for 10% off. The conference is Saturday, November 13th, 2021 in Cincinnati, and we hope to see you there! Now take some time and learn how Diania is crushing her own journey while inspiring others! Links From the Episode Tickets to EconoMe (Use promo code FISHOW for 10% off) EconoMe Conference Diania on LinkedIn Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Grab our FREE Budget Planner Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFIshow [dot] com If you like what you hear, please subscribe and leave a rating/review! >> You can do that by clicking here << Learn More About Your Hosts Fly to FI (Cody’s Blog) Saving-Sherpa (Justin’s blog)

Today’s episode features your hosts Justin and Cody discussing Real Estate. They both had no idea how real estate was an investment because their parents lived in the same homes their entire life. It wasn’t an investment, it was just home. Fast forward and Cody starts finding profitable properties in Connecticut after he extends his sights past his home state of Massachusetts. Then Justin gets into the game through REITs and a syndication. Real estate investing can be extremely powerful due to its leverage and protection against inflation (if done correctly). However, renting also has its merit and real estate isn’t for everyone. Are you interested in dipping your toes into real estate? Curious about what we think about the subject? Then sit back and take a listen as we break down our personal experiences in real estate. Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Grab our FREE Budget Planner Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFIshow [dot] com If you like what you hear, please subscribe and leave a rating/review! >> You can do that by clicking here << Learn More About Your Hosts Fly to FI (Cody’s Blog) Saving-Sherpa (Justin’s blog)

Today’s episode features Alex Felice from Broke is a Choice. Yes, Alex chose that name to be a little controversial. He likes to stir things up a little and get the conversations going. For him though, he found himself broke in 2010 and he did make that choice to turn things around. He poured himself into personal finance education and completely reinvented his relationship with money. In 2014, he decided real estate would be his angle towards freedom. 18 months into his journey, he made more money than an idiot like him should have (haha his words, not ours). These days his real estate deals just keep getting bigger and bigger including a recent deal that brought in over 50 units to a group of investors. You won’t want to miss Alex’s views on beating broke, leveling up, and investing in real estate. Now take some time and see if you can learn about some choices you should make! Links From the Episode Find Alex on Facebook Find Alex on Instagram Broke is a Choice Book Recommendations Youtube Channel Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Grab our FREE Budget Planner Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFIshow [dot] com If you like what you hear, please subscribe and leave a rating/review! >> You can do that by clicking here << Learn More About Your Hosts Fly to FI (Cody’s Blog) Saving-Sherpa (Justin’s blog)

Today’s episode features Scott Krone. Scott is the managing partner and founder of Coda Management Group. During college, Scott and his fellow architect classmates found themselves providing free labor to their professor’s development business. This odd form of free labor turned out to be a launching pad for Scott’s career. He took on major projects right away and realized that he was more valuable than they realized and branched off on his own. Now Scott specializes in breathing new life into dilapidated commercial buildings and converting them into cash cow storage units. Scott also shares some of his insights with another passion of his, green home design. Crank up the volume and hear all about this unique corner of the real estate market. Sit back, relax, and hear Scott’s amazing story. Links From the Episode Email Scott’s Team: [email protected] Coda Management Group Scott’s LinkedIn Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Grab our FREE Budget Planner Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFIshow [dot] com If you like what you hear, please subscribe and leave a rating/review! >> You can do that by clicking here << Learn More About Your Hosts Fly to FI (Cody’s Blog) Saving-Sherpa (Justin’s blog)

Today’s episode features Scott Trench. Author of Set for Life and CEO of Bigger Pockets. After college, Scott finds himself in a finance job he doesn’t like and discovers financial independence which changes his entire philosophy. Financial independence led Scott to real estate and the rest was history. In this episode, we dig into Scott’s mindset, his habits, his goal-setting routines, his thoughts on real estate, his investment strategies, and his overarching life mission. Sit back, relax, and hear Scott’s amazing story. Links From the Episode Scott’s Instagram Bigger Pockets Book – Set for Life Book – First Time Home Buyer Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Grab our FREE Budget Planner Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFIshow [dot] com If you like what you hear, please subscribe and leave a rating/review! >> You can do that by clicking here << Learn More About Your Hosts Fly to FI (Cody’s Blog) Saving-Sherpa (Justin’s blog)

Today’s episode features Andrew Kerr from the House Hacking Podcast. Andrew has been in the real estate field for almost 20 years and has experience with nearly every type of real estate transaction. By the end of the episode, you’ll hear all about the pros, cons, and everything in between in regards to house hacking. Hint: It’s one of the best ways to supercharge your path to financial independence. Ready to get creative with your living situation and lighten up those expenses? Well, sit back, take a listen, and learn all about house hacking! Links From the Episode Podcast: House Hacking Podcast IG: https://www.instagram.com/thehousehackingpodcast/ https://www.instagram.com/fibyrei/ FB: https://www.facebook.com/TheHouseHackingPodcast https://www.facebook.com/FIbyREI/ Twitter: https://twitter.com/fibyrei https://twitter.com/thehousehacking YouTube: https://www.youtube.com/channel/UCYvwOEtC5VgEfgW3QNPS4Ow?sub_confirmation=1 https://www.youtube.com/thehousehackingpodcast Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Grab our FREE Budget Planner Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFIshow [dot] com If you like what you hear, please subscribe and leave a rating/review! >> You can do that by clicking here << Learn More About Your Hosts Fly to FI (Cody’s Blog) Saving-Sherpa (Justin’s blog)

Today’s episode features your hosts Justin and Cody discussing authenticity and work-life balance. Both Cody and Justin are very open about their finances and love sharing both their failures and successes. Why? Because real stories give real inspiration. This is a crazy journey to suggest so having real data to back it up helps give confidence. The more authentic voices out there, the higher the chances are that someone can find a story they relate with. The episode is rounded out with a discussion on work-life balance. At the end of the day, there will always be more work, but you can’t say the same about life. So set boundaries and stick to them. Is authenticity important to you? Do you have a handle on work-life balance? Either way, take a listen, and get inspired. Links From the Episode Privilege and Perseverance Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Grab our FREE Budget Planner Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFIshow [dot] com If you like what you hear, please subscribe and leave a rating/review! >> You can do that by clicking here << Learn More About Your Hosts Fly to FI (Cody’s Blog) Saving-Sherpa (Justin’s blog)

Today’s episode features Eric Richard from Nomad on FIRE. Eric worked his way into a lucrative corporate job in supply chain management, but with that came long hours and a terrible commute. He admits that frugality didn’t come naturally to him but he saw how work was destroying his happiness and health so he took the plunge towards Financial Independence. After saving over $500k, Eric had reached Lean FIRE and took off to travel the world. He’d eventually end up back in the corporate world but this time in a great work culture that is 70% remote. He used his freedom to find the job that fit his life and is set up to be fully retired in no time. Financial independence isn’t only about quitting your job, it’s also about the freedom to find the right job for you. Now it is time to sit back, take a listen, and get inspired. Links From the Episode Nomad on Fire Blog Nomad on Fire Podcast Nomad on Fire Instagram Nomad on Fire Twitter Eric’s Remote Year Review Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Grab our FREE Budget Planner Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFIshow [dot] com If you like what you hear, please subscribe and leave a rating/review! >> You can do that by clicking here << Learn More About Your Hosts Fly to FI (Cody’s Blog) Saving-Sherpa (Justin’s blog)

Today’s episode features one of the original personal finance bloggers, J.Money! Whether it was Budgets are Sexy, Rockstar Finance, or now All Star Money, J.Money has been inspiring readers and spreading the best finance content for over a decade. You may recognize the mohawk, but for us, it’s the transparency and giving spirit that stands out. Listen to how someone who wasn’t naturally good at money or came from a finance background would become one of the leading voices in the personal finance space. Now it is time to sit back, take a listen, and get inspired. Links From the Episode J.Money’s Project Hub / Online Resume All Star Money PF Swagger Follow J.Money on Twitter Budgets Are Sexy Coin Thrill Love Drop Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Grab our FREE Budget Planner Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFIshow [dot] com If you like what you hear, please subscribe and leave a rating/review! >> You can do that by clicking here << Learn More About Your Hosts Fly to FI (Cody’s Blog) Saving-Sherpa (Justin’s blog)

Today’s episode features Anthony ONeal from “The Table” podcast and author of Debt Free Degree. Anthony has an incredible story of loss and triumph. He hit bottom as he lost everything and ending up homeless at age 19 while trying to figure out how to get through college. Anthony turned his life around and would go on to not only graduate but dedicate much of his life to educating other young people in hopes that they could avoid his missteps. Now, Anthony is a successful author and online personality who has helped thousands of people navigate college without taking on crippling debt. Have time for an amazing story? Well, then it is time to sit back, take a listen, and get inspired. Links From the Episode Anthony’s Website Proximity Principle Book – Ken Coleman Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Grab our FREE Budget Planner Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFIshow [dot] com If you like what you hear, please subscribe and leave a rating/review! >> You can do that by clicking here << Learn More About Your Hosts Fly to FI (Cody’s Blog) Saving-Sherpa (Justin’s blog)

Today’s episode features your hosts Justin and Cody discussing the art of following your passion. Justin still works a more typical corporate job while Cody took to entrepreneurship almost immediately. When you’re faced with the decision of which way to go, what do you do? In this episode, you’ll hear the hosts talk about their personal views on the situation as well as tips to help make you successful regardless of which path you choose. Don’t sit and suffer a miserable job you hate, but don’t YOLO and quit a job en route to financial ruin. Now it is time to sit back, take a listen, and get inspired. Links From the Episode Kristy Shen’s Quit Like a Millionaire Kristy and Bryce Interview Essentialism Book Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Grab our FREE Budget Planner Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFIshow [dot] com If you like what you hear, please subscribe and leave a rating/review! >> You can do that by clicking here << Learn More About Your Hosts Fly to FI (Cody’s Blog) Saving-Sherpa (Justin’s blog)

Today’s episode features Brent from Farm Fired Pizza aka the “Food Truck CEO”. Brent runs an amazing food trailer with a wood fire pizza oven creating some of the best-looking pizzas you’ll ever see. Brent didn’t go to culinary school or come from a cooking background. In fact, he was a highly successful nurse who had worked his way up into more of the corporate side. This was great for his paycheck but terrible for his fulfillment. Ultimately, Brent decided to follow his passion for delicious pizza and quit that corporate job. Fast forward a little over a year and he’s selling out events on a regular basis with a thriving business. Struggling to find purpose in your day job? Well, then it is time to sit back, take a listen, and get inspired. Links From the Episode Farm Fired Pizzas Facebook Farm Fired Pizzas Instagram Brent’s Twitter, The Food Truck CEO Farm Fired Pizzas Website Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Grab our FREE Budget Planner Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFIshow [dot] com If you like what you hear, please subscribe and leave a rating/review! >> You can do that by clicking here << Learn More About Your Hosts Fly to FI (Cody’s Blog) Saving-Sherpa (Justin’s blog)

Today’s episode features John Jonas from OnlineJobs.ph which is an impressive online marketplace that matches online workers from the Philippines with business owners from around the world. With over 1 million resumes on the platform, the website is ever-growing and constantly refining its matching capabilities. Virtual assistants, developers, video editors…the options are endless for filling a need you might have. As an employer, you get access to an amazing workforce at a low cost with no monthly fee and you don’t even have to worry about 1099 taxes*. Whether you need to fill out some vacant jobs or just learn about an awesome business venture it’s time to sit back and take a listen. *We’re not tax professionals, hire an accountant for your specific situation Links From the Episode Get John’s book (FREE): Outsourcinglever.com Find your VA Guaranteed: OneVaAway.com And of course OnlineJobs.ph Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Grab our FREE Budget Planner Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFIshow [dot] com If you like what you hear, please subscribe and leave a rating/review! >> You can do that by clicking here << Learn More About Your Hosts Fly to FI (Cody’s Blog) Saving-Sherpa (Justin’s blog)

Today’s episode features the hosts (Justin & Cody) who share their early lessons in personal finance. How did two guys from completely different backgrounds both get so inspired to retire early? Who influenced them? Stop by and listen to some quirky stories of how they came to be passionate about personal finance and some tips for how you can inspire others around you. Share this episode with those friends who just need a little boost, but for now, sit back and take a listen. Links From the Episode Justin’s Blog: Saving Sherpa Cody’s Blog: Fly to FI Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Grab our FREE Budget Planner Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFIshow [dot] com If you like what you hear, please subscribe and leave a rating/review! >> You can do that by clicking here << Learn More About Your Hosts Fly to FI (Cody’s Blog) Saving-Sherpa (Justin’s blog)

Today’s episode features Jake Cousineau soon to be Author of How to Adult: Personal Finance for the Real World. You might even recognize Jake from his $50k Wheel of Fortune payday! Jake is now hoping to increase the odds of winning at life for young adults across the country. We talk to Jake about why he decided to build this financial guide to life and the lessons he has learned actively teaching the next generation of the FI/RE community. Share this episode with that rising senior or new college student in your life, but for now, sit back and take a listen. Links From the Episode Jake’s Email: [email protected] Website: HTA Personal Finance Twitter: https://twitter.com/htafinance Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Grab our FREE Budget Planner Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFIshow [dot] com If you like what you hear, please subscribe and leave a rating/review! >> You can do that by clicking here << Learn More About Your Hosts Fly to FI (Cody’s Blog) Saving-Sherpa (Justin’s blog)

Today’s episode features Dan Sheeks from Sheeks Freaks who has created a place for teens that are “obsessed” with making smart financial decisions. Dan is a teacher in Colorado and is really changing the lives of young people and giving them a place where they can feel normal sharing their financial interests. It’s obvious through all the success stories he highlights that this is working and was a needed niche. We hope you’re as excited to hear how the next generation is chasing FI/RE as we are. So sit back and take a listen. Links From the Episode Dan’s Website: Sheeks Freaks Sheeks Freaks Instagram Sheeks Freaks YouTube Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Grab our FREE Budget Planner Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFIshow [dot] com If you like what you hear, please subscribe and leave a rating/review! >> You can do that by clicking here << Learn More About Your Hosts Fly to FI (Cody’s Blog) Saving-Sherpa (Justin’s blog)

Today’s episode is another one led by your awesome Co-hosts (Justin & Cody). The topic today is all about the mental part of our journeys to financial independence. Good and Bad. Depression, joy, grit, relaxing, purpose, people…this episode has it all. So take a moment and hear from the FI Show guys as they open up the curtain on mental hurdles they’ve faced and the strategies they’ve used to overcome them. Highlights From the Episode Realizing it’s not about the money Finding your tribe Working too hard Comparison: the thief of joy Finding purpose Giving back ….And much more Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Grab our FREE Budget Planner Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFIshow [dot] com If you like what you hear, please subscribe and leave a rating/review! >> You can do that by clicking here << Learn More About Your Hosts Fly to FI (Cody’s Blog) Saving-Sherpa (Justin’s blog)

Today’s episode features David Wood from Focus.ceo who has become one of the biggest life coaches and has helped 150k+ people. David spent over 20 years building a career as a consulting actuary for Fortune 100 companies. David helps high-performing entrepreneurs, executives and teams to identify and master their tough conversations, becoming the leaders they themselves would follow. There are so many awesome techniques that David shares. So sit back and try them out yourself while you listen. Links From the Episode Click here to get the following gifts from David: Cheat sheet for doubling revenue Video on achieving more in less time 15 minute live audit on doubling revenue And a 35 minute workshop David’s Website: Focus.Ceo Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Grab our FREE Budget Planner Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFIshow [dot] com If you like what you hear, please subscribe and leave a rating/review! >> You can do that by clicking here << Learn More About Your Hosts Fly to FI (Cody’s Blog) Saving-Sherpa (Justin’s blog)

Today’s episode features Marlys Woods who created her own business, Get in Tune Music Therapy, where she uses music as a tool to help her clients reach new heights. Never heard of musical therapy? Neither had we but it’s very interesting. She pairs what she loves about music with psychology. The most common use case for this is for developmental issues or speech rehab. But it’s also possible to use music as a tool for everyday productivity and releasing stressors. Marlys focuses on addiction which was her focus after her undergrad degree. She turned this into a full-fledged business where she employs other contractors to all help patients through their recovery utilizing music. Take a listen and learn about yet another amazing example of designing a life that brings you happiness and purpose. Links From the Episode Contact Marlys: Website: Getintunemusictherapy.com Instagram: @GetInTuneMusic Money Emotions & Music: Program coming soon for managing emotions on your financial independence journey! Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Grab our FREE Budget Planner Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFIshow [dot] com If you like what you hear, please subscribe and leave a rating/review! >> You can do that by clicking here << Learn More About Your Hosts Fly to FI (Cody’s Blog) Saving-Sherpa (Justin’s blog)

Today’s episode rounds out our series on utilizing your location as a tool to financial independence and is led by just thew of us hosts. You may hear this idea called geo-arbitrage. We wanted to pick two locations where we would actually like to take a test run of financial independence in a foreign country. Cody picked Santiago, Chile and Justin picked Porto, Portugal. This episode covers an honest and holistic look at what it would cost for a couple to live in these countries while still really exploring and enjoying them. Take a listen and consider where you’d move if you had the freedom. Santiago, Chile Housing – $500 for a one BR apartment – Comes with parking, laundry, gym, BBQ and pool Utilities (Electricity, Heat, Cooling, Water, Garbage) $135 per month Cost of Flights to Other Locations – Flights around South America starting as low as $35. – $385 to get back to Cody’s home in New England Restaurant Samplings – Simple meal at inexpensive restaurant costs $5 Grocery Samplings – $30-35 per week. With mostly fish, vegetables, beans, eggs, “healthy” pasta, fruits, and smoothies Phone/Internet – $45 per month Public Transportation – Taxis will take you anywhere for less than $10 – Average of $150 per month (per expat survey) Healthcare – Ranked 33 out of 190 countries (similar to Australia and Denmark and many of the doctors speak english) – $100-120 for healthy adult expat insurance Visa Requirements (how long can I stay?) – 90 days (plus can pay $100 for another 90 day extension) Weather – Coldest months are June and July with average highs of 61 degrees Fahrenheit – Only downside is that it rains 4-5 days per week Total cost = $1650/month 500 housing 135 utilities 120 groceries 250 restaurants 45 phone/internet 100 transport 120 healthcare 400 entertainment $19,800 per year   Porto, Portugal Housing – $833 for a one BR apartment in heart of the city – Comes with parking, laundry, wifi, all utilities Utilities (Electricity, Heat, Cooling, Water, Garbage) Included Cost of Flights to Other Locations – Flights around Europe starting as low as $25. Paris: $25 Barcelona $49 Milan $53 – $670 to get back to Justin’s home in Austin Restaurant Samplings – Simple meal at inexpensive restaurant costs $6 – Anthony Bordain visited restaurant also serves $1.80 martinis Grocery Samplings – $40 per week. $2.60/lb chicken, $1.30/lb pork, $0.75 fresh bread, $0.90 apples, $2.50 bottle of wine as examples Phone/Internet – Wifi is free, 22gb data and unlimited call cell phone for $18 Public Transportation -Amazing train system for very cheap which I factor into “Travel” Healthcare – Emergency room visits are free – Research shows ~$40 per month for plans Visa Requirements (how long can I stay?) – 90 days with just the passport – Full citizenship appears attainable if you can prove you have healthcare as well as stable income source to fund your retirement Weather – Lowest highs are 57 degrees December/January – Highest highs are 77 degrees in July/August Total cost = $1770/month (for a couple) 833 housing 140 groceries 300 restaurants 18 phone/internet 80 healthcare 400 entertainment (includes transportation) $21,240 per year   Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Grab our FREE Budget Planner Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFIshow [dot] com If you like what you hear, please subscribe and leave a rating/review! >> You can do that by clicking here << Learn More About Your Hosts Fly to FI (Cody’s Blog) Saving-Sherpa (Justin’s blog)

Today’s episode features Jim White from Route to Retire. We’re continuing our series on geoarbitrage which is the act of purposefully moving to a location for monetary benefits such as lower cost of living or tax treatment. Jim and his family utilized a traditional corporate job to amass a nest egg large enough to retire in his early 40s. They were conservative enough to save for a life in the U.S. but wanted to find a lower price point abroad. Jim poured over the research and took a successful test run to Panama. The rest is history and Jim and his family now live there full time. They live a vacation life on an ordinary budget. Take a listen and consider where you’d move if you had the freedom. Links From the Episode Follow along with Jim’s Net-worth Roth IRA conversion calculator Cost of living in Panama Investment drawdown plan Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Grab our FREE Budget Planner Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFIshow [dot] com If you like what you hear, please subscribe and leave a rating/review! >> You can do that by clicking here << Learn More About Your Hosts Fly to FI (Cody’s Blog) Saving-Sherpa (Justin’s blog)

Today’s episode features Mr. Nomad Numbers from Nomad Numbers. This begins our series on Geo-arbitrage which is the act of purposefully moving to a location for monetary benefits such as lower cost of living or tax treatment. Mr. &. Mrs. Nomad numbers were living in California and realized they could jump ship and retire. They chose to move to Taiwan where they could obtain a 3yr gold-card which would allow them to live there full time. Mr. NN also gives us the breakdown of how Taiwan has battled Covid-19 so effectively and what it was like going through that process. We’re excited to bring you some guests who took their freedom to the next level and moved abroad. Take a listen and consider where you’d move if you had the freedom. Links From the Episode Taiwan Gold Card https://taiwangoldcard.com/goldcard-holders-faq/at-work/#can-i-just-not-work-at-all https://www.nomadnumbers.com/taiwan-employment-gold-card-application-guide/ Other Helpful Links https://www.nomadnumbers.com/cost-of-living-stuck-in-taiwan-during-the-pandemic/ https://www.nomadnumbers.com/slow-travel/ https://www.nomadnumbers.com/design-your-ideal-life/ https://www.nomadnumbers.com/top-tips-save-money-airbnb-guide/ Nomad Numbers Cost of Living Around The World Map Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Grab our FREE Budget Planner Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFIshow [dot] com If you like what you hear, please subscribe and leave a rating/review! >> You can do that by clicking here << Learn More About Your Hosts Fly to FI (Cody’s Blog) Saving-Sherpa (Justin’s blog)

Today’s episode features your two podcast hosts, Justin & Cody. The cover guest questions on topics like medical bill negotiations, pricing, plan types, coverage when traveling, and more. They also let listeners in on exactly how they get their coverage now, and for Justin, how he plans to manage this once he no longer has that W-2 job. This topic is crucial for everyone listening so don’t miss this one. Links From the Episode https://uncoveredhc.com/blog/the-top-healthcare-transparency-sites-2019/ https://www.icd10data.com/ICD10CM/Codes ehealthinsurance.com healthcare.gov https://uncoveredhc.com/blog/how-to-choose-the-best-health-insurance-for-2020/ https://uncoveredhc.com/blog/paying-for-health-insurance/ Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Grab our FREE Budget Planner Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFIshow [dot] com If you like what you hear, please subscribe and leave a rating/review! >> You can do that by clicking here << Learn More About Your Hosts Fly to FI (Cody’s Blog) Saving-Sherpa (Justin’s blog)

Today’s episode features the healthcare expert Scott Heiser who authored Healthcare is Making Me Sick. Scott is leading the charge on making healthcare understandable for all. He covers how new transparency data tools are empowering us as healthcare consumers and how best to handle your medical bills. This topic is crucial for everyone listening so don’t miss this one. Summary Scott shares transparency data tools and how they’re changing healthcare shopping Medical tourism is possible even within the United States You haggle for a used car, why not the payment on a knee replacement? Are non-profit hospitals raking in cash? And much more Reach out to Scott Book: Healthcare is Making Me Sick Website: UncoveredHC.com Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Grab our FREE Budget Planner Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFIshow [dot] com If you like what you hear, please subscribe and leave a rating/review! >> You can do that by clicking here << Learn More About Your Hosts Fly to FI (Cody’s Blog) Saving-Sherpa (Justin’s blog)

Today’s episode features the healthcare option experts Lynn Frair and Jackie Cummings Koski. Lynn is crowdsourcing all the best health care options for the FI community and Jackie is a certified Health Savings Account (HSA) expert! Open enrollment is just around the corner and we’re bringing you the knowledge you need to decide. This topic is crucial for everyone listening so don’t miss this one. Links and Resources Comparing High Deductible Plans with a Health Savings Account to Traditional plans Lynn & Jackie recommend this tool -> WexInc HSA vs Traditional Calculator Really understanding what all you can do with HSAs Mad Fientist article helps with HSAs too How Lynn is crowdsourcing healthcare options especially for FIRE / Entrepreneurs Take a look at FI Healthcare Reach out to Lynn & Jackie Lynn Frair Website: FI Healthcare Instagram: FI Healtchare LinkedIn: Lynn Frair Jackie Cummings Koski HSA Email: [email protected] Website: Money Letter 2 LinkedIn: Jackie Koski Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Grab our FREE Budget Planner Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFIshow [dot] com If you like what you hear, please subscribe and leave a rating/review! >> You can do that by clicking here << Learn More About Your Hosts Fly to FI (Cody’s Blog) Saving-Sherpa (Justin’s blog)

Today’s episode features your very own hosts Justin from Saving-Sherpa and Cody from Fly to FI. We just wanted to celebrate our 100th episode! Both of us give you a rundown on all the big life events that have taken place this year. Cody bought three investment properties and Justin hit FI at age 30! There’s so much more so you won’t want to miss this one. Episode Summary What You Can Expect To Hear Justin hits FI Cody buys 3 properties Cody goes Vegan Justin sells his van Justin moves to Texas Cody learns lessons from entrepreneurship We also celebrate accomplishments from those special people in our lives Experimenting with The FI Show going forward We want to hear from you! Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Grab our FREE Budget Planner Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFIshow [dot] com If you like what you hear, please subscribe and leave a rating/review! >> You can do that by clicking here << Learn More About Your Hosts Fly to FI (Cody’s Blog) Saving-Sherpa (Justin’s blog)

Today’s episode features Jerry Brown from Peerless Money Mentor. Jerry grew up in a self-described ghetto with no real view of a way out. We cover his background, how he turned things around, and how he’s built a powerful financial independence network. You won’t want to miss this inspiring story! Listen, learn, and let us know what you think about this awesome episode. Episode Summary Jerry’s Background Jerry didn’t really know he was poor growing up But he lived in a crime-filled neighborhood with few outside role models His mom also needed assistance to get by He talks about how people were surprised he’d even admit that he was from the area he lived in Growing up he thought basketball or rapping would be the only possible way to escape His mom did put a big emphasis on learning but financial independence never seemed reasonable Can you Bootstrap Past Disadvantages? Jerry sees it as a mixed bag He does put a lot of weight into hard work But he also acknowledges the real disadvantages He was also cognizant enough to understand his family was a big advantage Jerry’s Financial Mistakes Jerry was young and healthy so he thought he didn’t need insurance A large dental procedure led him to serious credit card debt Then he started buying more things on credit Eventually, Jerry would buy a $22k car while only earning $22k per year Financial Wake Up Call He came home and his fiance had her bags packed Jerry realized he couldn’t afford to live by himself So he thought he’d just live out of his car to avoid the embarrassment of moving home Jerry was also carrying debt with 25% interest rates He was making payments but was never actually making progress A friend recommended he refinance through a personal loan This lowered his debt all the way down to 5% For his remaining credit card bills, he did a balance transfer That gave him 0% rate for 18 months Jerry’s Side Hustle Journey He tried Swagbucks but the payout was terrible Then he tried Uber but it was taking a toll on his car Jerry also tried We Go Look where you send in pictures of damaged vehicles for insurance claims. Now he is getting more into freelance writing and social media management Jerry also highly recommends Beta Testing. Networking This was a really powerful part of Jerry’s story Networking expanded his world view It also tangibly impacted him From ideas on debt payment or side hustles like freelance writing Jerry really highlights the importance to surround yourself with people you can draw knowledge and encouragement from Key Takeaways Artificial Limits: One thing that really stuck out was the disadvantage that people experience simply by having low expectations set for them and surrounding them. Mental Health: We loved that Jerry was open about his mental health journey and his encouragement to others to also take it seriously. Call to Action Expand your network! One easy way is to just join our Facebook group page. Other options are LinkedIn, MeetUp, or other Facebook group pages. Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Sign up for our exclusive newsletter Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFIshow [dot] com If you like what you hear, please leave a rating/review! The FI show on iTunes The FI show on Android Check out our Partners We’ve all heard of LinkedIn, but have any of you managers or small business owners used the platform to hire new talent? LinkedIn Jobs uses its state-of-the-art technology to put your listing in front of qualified candidates. When you’re ready to make that next hire, visit LinkedIn.com/FiShow to get $50 off your first job listing. Jerry’s Information Website: Peerless Money Mentor Twitter: @PeerlessMoney Learn More About Your Hosts Fly to FI (Cody’s Blog) Saving-Sherpa (Justin’s blog)

Today’s episode features Joe Saul-Sehy from Stacking Benjamins. Before creating a massively popular podcast, Joe made a lot of money mistakes. This all came to a clash when he was working as a financial advisor, owned his own business, and still could barely get the money to get home. Now Joe is bringing finances into so many homes via a unique comedic angle. Listen, learn, and let us know what you think about this awesome episode! Episode Summary Joe’s Background Joe was in high school and remembers seeing news specials on money-saving tips He also got inspired by the movie Wall Street But it took Joe a long time to actually put it into practice His parents pushed him to work hard but money was taboo Making Money Missteps On his first day at college, Joe spots a long line at an American Express Credit Card table He talks about blowing money at the mall and fancy meals at Ruby Tuesday for his friends Then things get real when he gets a bill and his parents refuse to help him His credit was destroyed and the interest started building Even in his professional life, he thought he had an earning issue, not a spending issue But we know from famous athletes that a spending problem will always overcome earnings Joe started earning more money with his own business but kept racking up debt Keep in mind, his business was as a financial advisor The breaking moment is when he has no money or credit to buy gas to get home Joe had to dig for change in his seats just to get home Turning Things Around Joe realized he needed to “hide money” from himself This meant automating money to go into separate accounts that he didn’t see He also realized that he couldn’t go cold turkey Joe gave himself an allowance so he could buy some of those entertainment items He said it’s important to not be too restrictive or else you’ll relapse Entrepreneurial Journey Joe says he’s a bad employee He would always clash with a boss Joe admits he also wasn’t a great boss at first He might hire people too much like him Or spout off ideas through the day not thinking his employees would take that as direction Starting Stacking Benjamins Joe sold his business at age 40 This was inspired by a colleague who walked away because it wasn’t fulfilling That person, Chris, stepped away to go climb mountains across the world Chris would then go on to start an adventure travel company Inspired by this, Joe decides to go back to school to become a teacher/coach He realized quickly that it wasn’t for him So Joe starts dabbling in a blog and creates the Stacking Benjamins podcast He wanted to take the unique angle of comedy They took it really seriously and even would attend comedy classes Pulling From Others Joe recommends the book by Austin Kleon – Think like an artist He really recommends people look at others in their industry and pull all the best parts It was actually a car podcast that was hilarious to him that inspired the Stacking Benjamin theme Joe says he actually wants a finance show where no one learns a thing about money In reality, people learn a lot but it doesn’t feel like a class He would go on to pull from a board game podcast, car podcast, and even a little kids podcast Key Takeaways Imposter Syndrome: Joe was a financial advisor but still struggled to follow his own advice. We all need help on this journey. Let Others Inspire You: Don’t feel guilty about taking takes from others as long as it isn’t inspiration. Call to Action Change, assess, repeat. Start to source ideas from others and try them out. Don’t just be stagnant! Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Sign up for our exclusive newsletter Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFIshow [dot] com If you like what you hear, please leave a rating/review! The FI show on iTunes The FI show on Android Check out our Partners We’ve all heard of LinkedIn, but have any of you managers or small business owners used the platform to hire new talent? LinkedIn Jobs uses its state-of-the-art technology to put your listing in front of qualified candidates. When you’re ready to make that next hire, visit LinkedIn.com/FiShow to get $50 off your first job listing.   Express VPN is one of the leading virtual private network service providers in the industry. Before I learned about Express VPN, I used to use incognito mode when I wanted to protect my information and browsing history. But I was wrong. Your internet service provider can actually still legally sell your information even if you’re using an incognito browser. But when you use Express VPN to surf the web, the software encrypts your web traffic and masks your IP address to give you real privacy. Use limited-time offer ExpressVPN.com/FiShow for 3 months off a 1-

Today’s episode features Erica Ballard from Erica Ballard Health. At first, Erica struggled with her self image and finding out what “healthy” really meant. Through experimentation and education, she unlocked how to really help others achieve their peak health. Now she’s helping others and educating the world on what real health is. Listen, learn, and let us know what you think about this awesome episode! Episode Summary Erica’s Background Erica thought looking good was the key to her happiness She also thought she was doing fitness and health the right way Erica was actually working at a non-profit promoting healthcare and wellness Unfortunately, this non-profit wasn’t promoting the best practices Eventually, she came to the realization that wellness isn’t one size fits all It took her a while to find what worked for her Creating an Experiment Mindset The program that Erica went through pushed you to challenge your wellness beliefs It would convince you to be vegan and then highlight the benefits of meats Eventually, you start to see what makes real sense to you and not just following a narrative Then we discuss problems with the food pyramid and breakfast being the most important meal of the day To find what works for you she promotes experimenting Introduce one new piece to your wellness journey at a time and keep what works for you Crowding In vs Eliminating Erica promotes that you bring in the things that you want instead of focusing on the cut Add in more grains and more water, the things you’re cutting out will eliminate itself Challenge yourself on the things you are hanging onto that are keeping you from wellness goals How are those bad habits serving you? Then Erica drops all kind of knowledge on us around sugar Healthy People Perform We discuss how health and wellness goes beyond life expectancy It also impacts your job performance and thus your profit margins Entrepreneurs love to boast about performing on four hours of sleep That’s impressive But imagine how well they’d perform on eight hours of sleep! Turn your good (which might be great for everyone else) into your great The All-Important Sleep Don’t eat close to sleeping (2-3 hours between food and sleep) Get off the phone before bedtime Don’t drink caffeine after 2 pm Sleep is the first thing Erica recommends you to work on for wellness We need 7-8 hours per night! Performing on four hours of sleep isn’t interesting or impressive Key Takeaways One size fits one: Erica highlights over and over just how personal that fitness and wellness are, experiment! Good Intentions: Even though Erica was working at a non-profit promoting health, she was still unknowingly a part of the problem Call to Action Experiment with your own health and wellness journey. Pick one thing this week to add. Whether it’s exercise, water, or greens, just add one thing. If you see an improvement, keep it, and add another. Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Sign up for our exclusive newsletter Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFIshow [dot] com If you like what you hear, please leave a rating/review! The FI show on iTunes The FI show on Android Check out our Partners Looking for a low-cost cell phone service provider with great coverage? Look no further. Mint Mobile provides the same premium coverage you’re used to, but at a fraction of the cost because everything is online. All their plans come with unlimited talk and text and you can choose the data plan that’s right for you and get the plan shipped to your door for free! Go to MintMobile.com/FiShow to get started now for just $15 per month. Erica’s Information Website: Erica Ballard Health Instagram: @EricaBallardHealth Podcast: The Lies We’ve Been Fed Learn More About Your Hosts Fly to FI (Cody’s Blog) Saving-Sherpa (Justin’s blog)

Today’s episode features Terrie Chantel from TerrieChantel.com. Terrie is a successful speaker and business coach. She teaches teach business owners how to monetize their skills, uplevel their personal brand, create profitable offers, and convert followers into buyers. Being an entrepreneur wasn’t always comfortable for Terrie. Check out how that changed for her and how she’s helping others do the same. Listen, learn, and let us know what you think about this awesome episode! Episode Summary Terrie’s Background Terrie graduated high school at age 16 and college at age 20 Both of her parents were “workaholics” This made Terrie believe that “amount of work = financial benefit” At 17, her uncle wanted her to co-sign on a car to build her credit That gesture changed her life At age 22 she went on to buy a house and really understood money Passing Down Money Lessons Terrie has three boys, ages 10, 15, 17 Her #1 tool she uses is to “paint a millionaire vision in their mind” This is the act of making wealth achievable in their mind She also gets them to use her debit card to pay bills online Just getting them involved in finances and eliminating the taboo Now her 17-year-old is already an entrepreneur Bondage vs Freedom Her uncle was like her dad and went towards the plan he set out She graduates college and goes directly into corporate Terrie stayed there for 10 years 5 years into that career, she started moving into management The pressure was increasing, work was coming home, and the money didn’t seem worth it That’s not what she envisioned It felt more like bondage than freedom Seeing a New Way She didn’t have other peers she could turn to who felt this way Terrie was always the girl, the youngest, and often the only black person Being surrounded by all these 6-figure earners, Terrie saw how high earners spent money But everyone worked themselves to death and just watched their vacation pile up Simply put, Terrie had no idea there was another option So Terrie started her own side-hustle Through this, she begins to meet other entrepreneurs Then she did realize there was another way Can’t Let Go of Stability Terrie gets laid off around the holidays and gets pregnant with her second child So she really starts taking her side hustle serious In her first month, she had 100 clients through a lot of hustle She would even set quotas for handing out business cards But even with all that success, she still went back to corporate work It just felt too secure Terrie did keep the business going by hiring and training someone She admits not everyone is driven to be an entrepreneur But if you have that passion, you have to follow it Tips for Starting that New Business She says some people jump to marketing too fast To help others you need to be financially stable yourself She focused mainly on customer service and building a solid product Once those frameworks are set, then you can focus on other things like marketing If you can’t consistently hit the number you need for bills, that’s a bad sign This means it’s time to take a pause and look at your processes She likes to look at it in three-month chunks Terrie says you should be seeing a consistent profitability to know your frameworks are set Valuing Yourself Then we talk about valuing yourself This includes charging a premium for your services Stop focusing on yourself and think about the client Think about how you’re going to change their life Then you’ll see just how much you’re really worth Key Takeaways Security is addicting: Terrie had trouble walking away from her normal W-2 job. It’s a valid feeling! Don’t Jump To Marketing: Solidify your product offering and take care of your clients, let marketing come later. Call to Action Get creative with that work ethic. Terrie showed how far she was willing to go to get her business off the ground. That type of effort makes a difference as an entrepreneur or at your W-2. Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Sign up for our exclusive newsletter Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFIshow [dot] com If you like what you hear, please leave a rating/review! The FI show on iTunes The FI show on Android Check out our Partners We’ve all heard of LinkedIn, but have any of you managers or small business owners used the platform to hire new talent? LinkedIn Jobs uses its state-of-the-art technology to put your listing in front of qualified candidates. When you’re ready to make that next hire, visit LinkedIn.com/FiShow to get $50 off your first job listing. Terrie’s Information Website: TerrieChantel.com Instagram: @TerrieChantel Learn More About Your Hosts Fly to FI (Cody’s Blog) Saving-Sherpa (Justin’s blog)

Today’s episode features Bob Lai from Tawcan. Bob and his wife are both dual citizens living in Vancouver, Canada. He has a big passion for geo-arbitrage, slow travel, and dividend investing. Hear how he’s reaching FI while traveling and having three weddings! (spoiler alert, only one bride) Listen, learn, and let us know what you think about this awesome episode! Episode Summary Bob’s Background Bob’s family grew up in Taiwan with a farming background Money was never taboo and stuck with him Frugality was a big point of emphasis His dad retired in his early 40s Bob had a cousin who retired at 42 And then another cousin who hit FI and kept working Bob talks about the influence that had on him Geo-arbitrage Geoarbitrage is the act of moving somewhere to lower your cost of living Think San Francisco resident moving to Montana This can be within your own country or abroad It’s important to consider your earnings also dropping This typically works best if you’re not working or working remotely Some jobs like doctors actually get paid more in small cities With the pandemic, this is possible for many more workers who’ve gone remote Exchange rates can also be your friend Living 181+ days in another country can also help you avoid U.S. income taxes Citizenship is obviously a big hurdle in certain countries Some countries give residency based on wealth or homeownership Geo-arbitrage can save you 50% or more Slow Travel Often we look at travel as short spurts (1 – 2 weeks at a time) This leads to trying to pack in as much as possible You end up so tired, you need a vacation when you get back Slow travel is the idea of spreading that over 3-6months This allows you to spread out costs of flights It also lets you book apartments vs hotel rooms Bob goes over how much more enjoyable it is and affordable He also talks about the benefits of having a home base when traveling Three weddings under $7000 Bob got married three times…. Remember that his wife was from Denmark This meant they both had families abroad His first wedding was mostly his family Bob’s wife made the cake and her dress! Of course, they used a coupon after the wedding to eat A month later they had a wedding with friends and her family They hired a friend who would go on to go to culinary school And their photographer was just starting out His wife actually altered her own wedding dress for the second wedding A year later they decided to do a wedding actually in Denmark This time it was at a small-town school and his picture did photographs Bob even took some of the photos Rounding out the Episode Bob talks about how he could retire now if he wanted He’s happy with his job currently Their home is also very valuable in the crazy Vancouver market But life is good and his kids have a friend group Key Takeaways Slow down: Bob breaks down the power of slow travel which this show is a big fan of You have options: Don’t think that just because you live or were born in a certain area that you have to stay there. Call to Action Look at your next planned vacation or one you’ve done in the past, compare those numbers with the slow travel version of it. How much per day does a six day vacation compare to a six month? Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Sign up for our exclusive newsletter Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFIshow [dot] com If you like what you hear, please leave a rating/review! The FI show on iTunes The FI show on Android Check out our Partners Express VPN is one of the leading virtual private network service providers in the industry. Before I learned about Express VPN, I used to use incognito mode when I wanted to protect my information and browsing history. But I was wrong. Your internet service provider can actually still legally sell your information even if you’re using an incognito browser. But when you use Express VPN to surf the web, the software encrypts your web traffic and masks your IP address to give you real privacy. Use limited-time offer ExpressVPN.com/FiShow for 3 months off a 1-year subscription. Start protecting your privacy today! Bob’s Information Website: Tawcan Twitter: Tawcan Learn More About Your Hosts Fly to FI (Cody’s Blog) Saving-Sherpa (Justin’s blog)

Today’s episode features Grumpus Maximus, author of The Golden Albatross and creator of the Grumpus Maximus website. Grumpus was three years away from a pension when he had a breakdown. This pushed him to gather all the information he could on his pension to choose on staying or going. Ultimately, he stayed and from then on became focused on teaching others how to understand and utilize their own pension plans. Listen, learn, and let us know what you think about this awesome episode! Episode Summary Grumpus’ Beginnings In the spring of 2016, he suffered a mental breakdown This was while serving in the military He was only 3 yrs from a pension This made him do a lot of investigating into his pension He gives people advice on how to balance mental health and personal finance decisions We also talk about how to decide when to stop chasing the pension This is important because there’s often such a long time to earn the pension Varieties of Pensions Grumpus highlights the vast differences in pensions These differences make them more or less valuable Differences include healthcare and inflation adjustment One thing to look out for is how well funded the pension is If it is only 50% funded, then it could be a riskier and less attractive pension What is a Pension? Generally, it’s some percentage of money based on your salary that you receive forever You might have to work X number of years and at that point, you’re fully vested Some allow you to ramp up your pensions vs all or nothing Think partial vs cliff vesting The main reason for a pension is for retention If you’re ready to leave, they may offer you a lump sum It’s important to consider tax implications and how much value you’re giving up Grumpus also highlights that all plans must offer survivor benefits This is where your spouse or dependent would get a part of your pension after your death Rely Only on Your Pension? Simply put, you shouldn’t only rely on your pension The closer you get to vesting, the more you can assume you’ll have it You also need to study how likely your pension is to actually exist This is on top of understanding how likely you’ll be able to handle a single job for 20-30 years Grumpus Moves Abroad He moved to New Zealand and enjoying the conversion rate We then discuss how the pension is taxed based on state/country you live in Grumpus is a big fan of the range of activities available in New Zealand Cody couldn’t agree more! Key Takeaways Know Your Pension: The pension system isn’t as simple as we thought, so study your specifics The future is uncertain: At times we don’t take action because we’re pessimistic but then, unfortunately, we make future assumptions based on overly optimistic projections Call to Action Study your pension! Even if you don’t have a pension, chances are that you or your spouse has some type of benefits. Really dig in to make sure you fully understand and maximize those benefits. Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Sign up for our exclusive newsletter Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFIshow [dot] com If you like what you hear, please leave a rating/review! The FI show on iTunes The FI show on Android Check out our Partners Looking for a low-cost cell phone service provider with great coverage? Look no further. Mint Mobile provides the same premium coverage you’re used to, but at a fraction of the cost because everything is online. All their plans come with unlimited talk and text and you can choose the data plan that’s right for you and get the plan shipped to your door for free! Go to MintMobile.com/FiShow to get started now for just $15 per month. Grumpus’ Information Website: Grumpus Maximus Book: The Golden Albatross Learn More About Your Hosts Fly to FI (Cody’s Blog) Saving-Sherpa (Justin’s blog)

Today’s episode features Dr. Steve Yacovelli, author of Pride Leadership and creator of TopDog Learning Group. Steve brings an incredible amount of expertise on leadership as well as diversity and inclusion. He also brings an interesting backstory where he went from working on a Disney Cruise line to being hired by Disney as a consultant on those very cruises. Steve will teach us all how to listen, build trust, empathize, and ultimately to lead. Listen, learn, and let us know what you think about this awesome episode! Episode Summary Steve’s Leadership Foundation He got his first taste of leadership in his fraternity in College Steve calls out how people just simplify leadership at times to just having people skills He has distilled his leadership principles into six areas Being authentic Having leadership courage Having empathy Building relationships with those around you Effective communication Shaping the culture around you Listen to Understand not just to Respond He talks about how you should listen to understand and not just to respond This is avoiding that feeling you get when you feel like you can’t wait for someone to stop talking so you can make your point In reality, you can’t be empathetic to someone if you can’t get to really know and understand them Inclusion is Good for Business When hiring and building a team, it’s important not to hire people just like yourself Not only does it increase your chances of missing a great hire, but it also opens you up for more risk This risk is because you’ll hire people with your strengths but also your weaknesses By hiring a more inclusive group we not only support people without bias, but we also cover our blind spots Steve says it’s better to strive for conscious inclusion instead of just working on your unconscious bias Later in the episode, Steve goes into more metrics of why inclusion impacts the bottom line and not just social initiatives Leadership in LGBTQ+ Steve makes it clear that he’s not trying to say being straight or not means you won’t be a better or worse leader Instead, he helps the LGBTQ+ community see how they can use something like their sexual orientation as a strength One example he gives is authenticity If he hid the fact that he had a husband, that wouldn’t be very authentic, and he helps this community spot these opportunities There’s More Diversity to Diversity than you think Sometimes we only think of diversity as race, sex, and sexual orientation but there’s a lot more Steve prefers a specific model that is illustrated by layers and rings In the center is our personality Your personality is completely unique Next out are those items we traditionally think of (sex, race, sexual orientation, etc) Those are dimensions that typically don’t change frequently Then you have the external dimensions which can change frequently In this section, you have pay, parenthood, income, habits, physical appearance, etc Next, you have the organizational dimensions (hourly, manager, legacy groups, etc) Finally, you’d have the country in which you’re operating This is important just because there are many different cultural norms to consider Key Takeaways Listen: It’s always a good idea to really listen. Maybe you don’t know the person, fully understand the problem, or even know what you’re supposed to be doing. Listening can fill all of those holes. We’re all leaders: Steve made a point to call out that we can all practice leadership even if we don’t have people reporting to us. Call to Action When in conversation this week, make a conscious choice to really listen to others. Listen with the goal to understand and not to look for holes to poke in their argument or to show how smart you are with a great question. Instead, really listen to learn from them and understand their points. Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Sign up for our exclusive newsletter Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFIshow [dot] com If you like what you hear, please leave a rating/review! The FI show on iTunes The FI show on Android Check out our Partners If you’re a rental property investor or business owner, you’ll definitely want to check out igloohome. Have you ever had to give out a door code or leave a key under a mat for people to enter your property? Not anymore. igloohome’s smart locks work entirely on an app + Bluetooth connection so there’s no need to sacrifice security. Check out their products today at igloohome.co and get 15% off with promo code FISHOW. Steve’s Information Business: TopDog Learning Group Book: Pride Leadership Learn More About Your Hosts Fly to FI (Cody’s Blog) Saving-Sherpa (Justin’s blog)

Today’s episode features James Lowery from Rethink The Rat Race James is a repeat offender back from episode 36. In that episode, he dug into his background and how he and his wife retired in their 20’s after amassing real estate in just two years. This episode we dive more into his accomplishments in the health and fitness arena. From lifting, cardio, diet, and more all through the lens of someone on their FI journey. Listen, learn, and let us know what you think about this awesome episode! Episode Summary James’ Background As a refresh, James and Emily saved heavily Invested that into real estate properties in Huntsville, AL Then when they retired, they moved to Cyprus Obviously COVID-19 had other plans and they had to return to the U.S. Now they’re putting a little effort into some of their rentals And looking for their next adventure James’ Diet He refers to his diet as “Freegan” This is because he’s 95% Vegan but will make exceptions These exceptions are for non-vegan meals that avoid food waste So if the food is already there and it’s free, he’ll eat it James’ fitness ventures James has done bodybuilding competitions, lifting, and helped with physical therapy He takes some time to break down the positives of each of these Then we start ways to mix it up because cardio doesn’t have to be just running on a treadmill James loves trail runs, HIIT training, weight lifting, and the huge amount of content out there on YouTube He recommends you recognize your body can do more than you think but also be careful of going to some extreme right off the start Keep It Simple James mentions how entire food groups do not have to be eliminated Extreme style diets are so hard to be successful with long term He recommends mostly vegetables / not too much mindset That just means understanding the calories you have coming in but making veggies the prominent part of your plate Also don’t overthink the amount of weight your lifting Keep it light if your form starts to slip, don’t stress about breaking records Also, don’t forget the simple parts like hydration Hydration can impact your calorie burning, energy, and cognition Also don’t stress about finding the perfect ratio of Fat/Carb/Protein Don’t Get Intimidated This journey doesn’t have to be expensive The food costs can be reasonable James & Emily actually only spend $40/week per person and eat a ton of healthy foods and veggies Then you don’t have to pay a ton for a gym membership There’s plenty you can do at home, outside or for $20/mo at a Planet Fitness And if you need to earn some extra cash, James actually covers side hustles that are great for your fitness Also, don’t get intimidated with bulking up to fast Lifting weights doesn’t magically make you get bulky It can be a great way to get toned and burn calories   Key Takeaways Get Creative: I loved the story of James doing this floor exercise to replace a pull-up movement It doesn’t have to be complicated: Too many people sit on the sidelines because they’re looking for the perfect diet or workout plan when simple balanced eating and getting active is an amazing start. Call to Action Start a fitness or health challenge with someone. Maybe even put a little money on the line to keep up the motivation. Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Sign up for our exclusive newsletter Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFIshow [dot] com If you like what you hear, please leave a rating/review! The FI show on iTunes The FI show on Android Check out our Partners If you’re a rental property investor or business owner, you’ll definitely want to check out igloohome. Have you ever had to give out a door code or leave a key under a mat for people to enter your property? Not anymore. igloohome’s smart locks work entirely on an app + Bluetooth connection so there’s no need to sacrifice security. Check out their products today at igloohome.co and get 15% off with promo code FISHOW.   Express VPN is one of the leading virtual private network service providers in the industry. Before I learned about Express VPN, I used to use incognito mode when I wanted to protect my information and browsing history. But I was wrong. Your internet service provider can actually still legally sell your information even if you’re using an incognito browser. But when you use Express VPN to surf the web, the software encrypts your web traffic and masks your IP address to give you real privacy. Use limited-time offer ExpressVPN.com/FiShow for 3 months off a 1-year subscription. Start protecting your privacy today! James’s Information Website: Rethink The Rat Race Instagram: Rethink The Rat R

Today’s episode features John Soforic, author of The Wealthy Gardener. John gives his passionate story of how he went from $200k in debt to over $200k in passive income. The lessons he learned led to a book he wrote for his son titled The Wealthy Gardner. The story starts with a stroll through the graveyard but certainly has a happy ending. Listen, learn, and let us know what you think about this awesome episode. Episode Summary John’s Background John takes a walk when he was 30 He just goes walking in his town Then he walks into a graveyard and sat there for a half-day John was just contemplating life He had two kids, long hours, and $200k in student debt Then he read a book called “How to Think and Grow Rich” Then he set a goal to have $240k in passive income before the age of 50 Fast forward and John retired at age 49 He would then go on to write The Wealthy Gardner as a way to communicate the lessons he learned to his son Building His Passive Income Step one was leveraging all 112 waking hours and not just 40 He was working 40 hours in his clinic and 30 hours outside Then he started educating himself on real estate John also hired teams to help him That allowed him to have 500 hours of work a week to his goals This included buying 8 duplexes at once It was an incredible deal where he got them at half price He was able to do this because he offered to buy them all The sellers were part of an estate and looking for quick cash The Wealthy Gardener Book John wrote the book in hopes that his 19 yr old son would be influenced by it He convinced him to be his editor to make some money During the process, John asked him to argue points with him Today his son is 25 and saving over 50% of his income so it seems to have worked He also fought to keep spirituality into the book to keep it true to him John originally self-published and book that has now been translated into three languages   Key Takeaways Leverage: John created so much leverage through teams and real estate which allowed him to unlock his earning potential Stay True to You: I loved how John is open about his beliefs and how he didn’t let the prospect of money change them Call to Action Investigate passive income streams. Don’t get stuck thinking only on huge goals — just start small and start soon. Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Sign up for our exclusive newsletter Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFIshow [dot] com If you like what you hear, please leave a rating/review! The FI show on iTunes The FI show on Android Check out our Partners If you’re a rental property investor or business owner, you’ll definitely want to check out igloohome. Have you ever had to give out a door code or leave a key under a mat for people to enter your property? Not anymore. igloohome’s smart locks work entirely on an app + Bluetooth connection so there’s no need to sacrifice security. Check out their products today at igloohome.co and get 15% off with promo code FISHOW. Express VPN is one of the leading virtual private network service providers in the industry. Before I learned about Express VPN, I used to use incognito mode when I wanted to protect my information and browsing history. But I was wrong. Your internet service provider can actually still legally sell your information even if you’re using an incognito browser. But when you use Express VPN to surf the web, the software encrypts your web traffic and masks your IP address to give you real privacy. Use limited-time offer ExpressVPN.com/FiShow for 3 months off a 1-year subscription. Start protecting your privacy today! John’s Information Website: WealthyGardener.com Book: The Wealthy Gardener Learn More About Your Hosts Fly to FI (Cody’s Blog) Saving-Sherpa (Justin’s blog)

Today’s episode features Kanwal Sarai from Simply Investing. Kanwal shares with us his unique investing style. This style is a combination of value investing like Warren Buffet and a focus on dividend payouts. Kanwal takes our questions in stride and makes some really great points. Listen, learn, and let us know what you think about this awesome episode. Episode Summary Kanwal’s Background Kanwal graduated with a computer science degree at age 24 in 1996 About three years in, he realized traditional work couldn’t be a forever path This was before anyone was calling it “F.I.R.E” His first side hustle attempt was purified water Long story short…the side hustle was a flop Neither of them knew anything about marketing/sales Building His Own Investment Method In 2003 Kanwal started developing his own investment strategy His son was just born and was keeping him up all night One of those sleepless nights he grabs an investing book and was hooked At the time he was paying 2.5-3% fees for advisement His main focus came down to strong dividend-paying companies He calls it “Dividend Value Investing” This is a combination of undervalued companies that also pay dividends 12 Part Checklist of Dividend Investing 1. Do you understand the product or service 2. Will people still be using the product/service in 20 years 3. Do they have a low-cost lasting advantage (think Coke’s secret recipe) 4. Would you use the product that people would use during a recession 5. Do they have consistent earnings growth 6. Do they have consistent dividend growth 7. Do they have a low payout ratio (dividend vs earnings) 8. Do they have low debt % 9. Do they have a good credit rating 10. Do they actively buy back their shares 11. Is it under or overvalued P/E 25 or less The current dividend yield is higher than the 10-year average Price to Book ratio <3 12. Keep your emotions out of investing Kanwal publishes 227 companies that meet these criteria as part of his Simply Investing Report Even with all these rules, you still may find a dud That’s why diversification is still so important Kanwal recommends 25-50 funds Why Dividend Investing Over Index Investing Holding the total market (index funds) means that you’re going to own some poor quality stocks Getting cashback in your pocket to diversify instead of simply seeing appreciation in one company Kanwal reinvests dividends across all his dividend stocks and not right back into the company that originally paid it The average annual yield Kanwal sees from his dividend stocks are 3.5-5%   Key Takeaways Take The Emotion Out: Kanwal’s 12 rules help create a systematic process without being clouded by human emotion Set Goals, Be Patient: Don’t get sucked in to get rich quick schemes, find quality companies and make continual progress. Call to Action Leave a review on iTunes, share it with us, and then we’ll select two lucky listeners for a prize. One listener will get a year subscription to the Simply Investing Report and the other will get full access to the Simply Investing Course. That’s $500+ of value! Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Sign up for our exclusive newsletter Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFIshow [dot] com If you like what you hear, please leave a rating/review! The FI show on iTunes The FI show on Android Check out our Partners Looking for a low-cost cell phone service provider with great coverage? Look no further. Mint Mobile provides the same premium coverage you’re used to, but at a fraction of the cost because everything is online. All their plans come with unlimited talk and text and you can choose the data plan that’s right for you and get the plan shipped to your door for free! Go to MintMobile.com/FiShow to get started now for just $15 per month. If you’re a rental property investor or business owner, you’ll definitely want to check out igloohome. Have you ever had to give out a door code or leave a key under a mat for people to enter your property? Not anymore. igloohome’s smart locks work entirely on an app + Bluetooth connection so there’s no need to sacrifice security. Check out their products today at igloohome.co and get 15% off with promo code FISHOW. Kanwal’s Information Website: Simply Investing Simply Investing Report Simply Investing Course Learn More About Your Hosts Fly to FI (Cody’s Blog) Saving-Sherpa (Justin’s blog)

Today’s episode features Nikko from Nikko Industries. What a cool and unique guest who is on his way to making $250k this year off his 3-D print business. This business was no easy task as Nikko didn’t become a U.S. citizen until he was 25. What started as Nikko just trying to be an awesome dad, quickly turned into a life-changing money endeavor. Listen, learn, and let us know what you think about this awesome episode. Episode Summary Nikko’s Background Nikko’s parents were not good with money Nikko and his family immigrated to the United States At a young age, he made a vow that he would not be the same way He would provide and be smart with his money for him and his children Due to being an immigrant, he wasn’t able to think about college or many things until he was 25 Nikko joins the military after getting married and becoming a citizen Then he realizes how much more money he could make on the outside From there he takes a traditional commercial role but keeps an eye on entrepreneurship Nikko’s Entrepreneurial Journey Nikko talks about all the failures he had along the way He had so many setbacks that at one point he just quit But then things turned around for him He says, When I stopped chasing money, money started chasing me Nikko says you really have to love what you do to be successful The business venture that really turned things around for him was 3D printing Birth of Nikko Industries Nikko’s drive was to find something that helped him enjoy his time with his kids His son loved things like Thor and Iron Man etc Nikko came across someone on Instagram who had printed pieces to a costume He put the 3D printer on the back-burner for a month to make sure he was serious After a month he couldn’t stop thinking about it and bought one He started by building a community and youtube channel Then he started looking to actually sell products Scaling a Business Nikko admits that he doesn’t know how to design these products from scratch He leverages others to make the designs and market it His biggest skill is delegation and making sure he’s tapping into the right products His 1st year he made 50k in revenue 2019 his revenue grew to $130k In 2020 he’s on pace to make over $250k in revenue Most of this revenue is just off of the digital files He says that he spends about 4 hours per week And now he’s coaching others to build 3D printing businesses Then a person can take these files and use their own printer to make them Nikko also has a big focus on giving back During the Covid outbreak, he was printing free face shields for frontline workers   Key Takeaways Stop Chasing the Money: Nikko talks about how things started turning around when stop solely focusing on the money. Maximize Your Skills: Nikko never designs a file yet makes so much money on them, he uses his skills of delegation to the max Call to Action Just go educate yourself in 3D printing. Whether it’s Nikko’s side hustles, medical advances, or even housing solutions, it’s such a cool topic that everyone should check out. Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Sign up for our exclusive newsletter Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFIshow [dot] com If you like what you hear, please leave a rating/review! The FI show on iTunes The FI show on Android Check out our Partners We are completely obsessed with tracking our net worth to understand our current financial positions (you should be too). Instead of spending dozens of hours adding up all our assets and subtracting our debts, we use a free service called Personal Capital. This free, easy-to-use portfolio management tool aggregates all of your financial data and helps to track your spending, net worth, and investment accounts. Keeping track of your money has never been easier. With 1.6 million users and growing, this platform is becoming a leader in its industry. We have both been using Personal Capital for years and highly recommend it. Sign up for your free account here! Nikko’s Information Website: 3D Printed Profits Youtube: Nikko Industries Instagram: Nikko Industries Learn More About Your Hosts Fly to FI (Cody’s Blog) Saving-Sherpa (Justin’s blog)

Today’s episode features Dustin Heiner from Master Passive Income Dustin vividly remembers a march to the boss with kids waiting at home, knowing he was about to lose his job. He knew from that day, he needed to build his own income streams away from traditional employment. 30 real estate properties later and he had the freedom he always wanted. Listen, learn, and let us know what you think about this awesome episode. Episode Summary Dustin’s Background Dustin is a serial entrepreneur Websites, pizzeria, graphic design, and even a skateboard manufacturing gig He refers to a traditional job as “Just Over Broke” During this journey, he stumbled upon real estate investing His first one was profiting $350 per month and he was hooked Dustin learned the hard way There weren’t any good courses or coaches out there at the time He talks about how much he learned from his mistakes Breaking Away from Tradition Dustin also went to college just because it was what he felt like he should do This led to a ten-year career in IT at a government agency He walks us through the fearful moment when he realized he didn’t want to rely on someone for employment ever again. That fearful moment was when Dustin got laid off with 4 children He did continue to work in IT but he swapped his perspective From then on, he would introduce himself as a real estate investor 9 years and 30 houses later, he was able to step away from that traditional career Dustin could have stepped away earlier but admits it is tough to walk away from stability Dustin’s Real Estate Investing Dustin started out living in California Prices didn’t make sense there so he looked out of state He was investing in Ohio, Texas, etc Out of all the houses he’s purchased, he’s only traveled to see one in person This requires a network of people you can trust The key here is the property manager, they are the quarterback His requirement for a house is a minimum of $250 per month profit We also talk about renting vs owning 401ks & Real Estate Investing Dustin talks about cashing out or borrowing from 401k to buy real estate He actually doesn’t like investing 401ks at all This comes off his assumption that he can make so much more from real estate So his argument isn’t that 401ks are intrinsically bad Common Real Estate Mistakes Not accounting for paying for a property manager Not putting back money for repairs Buying a house with really small margins Buying a home in an area where everyone is leaving In general, overestimate expenses and underestimate rental income   Key Takeaways Your Paycheck is not your value: Companies pay you just what they need to so that you stay but they’re as profitable as possible. Overestimate the bad, underestimate the good: Dustin recommends this mindset when looking at real estate. Call to Action Look into real estate as an investment. If your stuck on the fence, especially due to prices in your local area, then do like Dustin did and grab a property manager to invest out of state. Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Sign up for our exclusive newsletter Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFIshow [dot] com If you like what you hear, please leave a rating/review! The FI show on iTunes The FI show on Android Check out our Partners Express VPN is one of the leading virtual private network service providers in the industry. Before I learned about Express VPN, I used to use incognito mode when I wanted to protect my information and browsing history. But I was wrong. Your internet service provider can actually still legally sell your information even if you’re using an incognito browser. But when you use Express VPN to surf the web, the software encrypts your web traffic and masks your IP address to give you real privacy. Use limited-time offer ExpressVPN.com/FiShow for 3 months off a 1-year subscription. Start protecting your privacy today! Dustin’s Information Website: Massive Passer Income Twitter: Dustin Heiner Instagram: Dustin Heiner Learn More About Your Hosts Fly to FI (Cody’s Blog) Saving-Sherpa (Justin’s blog)

Today’s episode features Genecia who is the creator of Soul Rich Woman. Genecia’s main goal is to empower women business owners to go from offline to online. She’s proven this over her career with millions in revenue and is sharing that with the 200k+ members of Soul Rich Woman. You won’t want to miss all her advice, especially around the love of F words. Listen, learn, and let us know what you think about this awesome episode. Episode Summary Genecia’s Background At 18 she started with a simple thought of making more in a single hour She was going to school, working, and teaching as a yoga/dance instructor So she decided to build a group of instructors were she made a commission off them Genecia attributes her success to resourcefulness and the people she surrounded herself with After college, she entered a traditional job in a hospital helping children with learning issues She realized that she was making way less in a 9-5 than working for herself in college Then she transitioned to consulting Offline to Online In 2013 she transitioned from working offline to online She made $100k in 3 months And $1 Million within a year Then she invested in a cafe retail chain Helping other Women go Online The group started just as “Webinar Wednesdays” And in the beginning, there was no traffic But she stuck with it and started advertising on Facebook In the group, she helps instill a growth mindset The group she started is called “Soul Rich Woman” The group is over 200k strong! She talks about women who love “F words” Fabulous, freedom, financial independence, family This education and community is available as an annual or monthly service Genecia also really focuses on marketing and helping businesses get repeat business Where to focus first She says to work on your business, not in your business This means outsourcing tedious work so you can focus on growth Stay on top of trends Love the customers first and then create what is good for them Genecia walks us through a case study of a fitness instructor going online   Key Takeaways Get Sticky: Genecia talks about retaining customers by always providing value, this makes them come back for more, aka sticky Leverage the internet: The internet is a force multiplier for not only finding customers but also to augment with employees Call to Action Grab $50 and outsource something that is draining you of your time so you can be more productive in areas that really matter Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Sign up for our exclusive newsletter Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFIshow [dot] com If you like what you hear, please leave a rating/review! The FI show on iTunes The FI show on Android Check out our Partners Sign up to Proptech Conference for a Cause hosted by igloohome. Your ticket fee will be donated to Team Rubicon for Covid-19 relief efforts. Genecia Alluora’s Information Website: Soul Rich Woman Twitter: Genecia Alluora Instagram: Genecia Alluora Recommended Book: Rich Woman by Kim Kiyosaki Learn More About Your Hosts Fly to FI (Cody’s Blog) Saving-Sherpa (Justin’s blog)

Today’s episode features Doug from Niche Site Project. Doug brings in hundreds of thousands from his affiliate websites. These sites are those websites we all use to help us decide exactly which brand/version of a product we’re looking to buy. He started off on a traditional route in engineering but with this incredibly successful venture, he just manages these sites and teaches others how to follow in his footsteps. Listen, learn, and let us know what you think about Doug’s awesome episode. Episode Summary Doug’s Background Doug’s first money experience was around mowing lawns He wanted to buy a CD player and realized there was a sustainment tail Doug would also need money to buy the actual CDs He ended up mowing lawns for another 7 years But entrepreneurship didn’t really take hold Instead, he went the traditional route Doug went to college and started his career as an engineer Doug’s Engineering Journey Out of college, Doug was making $52k per year He didn’t have any financial or savings goals His wife though was a real saver She rubbed off on him and he came around In 2013 the real changing moment happened He stumbled on a podcast in 2013 This podcast was called The Smart Passive Income Podcast Entrepreneurship A month after listening to these shows he started his first gig Doug decided to start with Amazon affiliate pages He admits his first few sites weren’t great But after 6 months he was making a few grand per month That’s when he realized that he could quit his normal job What is an Amazon affiliate site We’ve all been searching for a product and looked for help to choose We ultimately end up on a “Top 5 hard drive” list Through this list, you click on a link and eventually buy one That link is specific to that site so the owner gets a commission You are helped out and they get paid, it’s a win-win SEO is huge to get them there but don’t forget to be helpful Doug also spends some time talking about how he manages his team and sources virtual assistants He also offers a full course to teach others on how to do this   Key Takeaways Affiliates are a win-win: These sites help you make an efficient purchase and put money in an entrepreneurs pocket Keep it simple: Doug laid out his management style and how simple and streamlined it is. As he said, you can always make it more complicated later. Call to Action Grab some free resources at nichesiteproject.com/fishow and at least study affiliate links or maybe try to build one yourself. Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Sign up for our exclusive newsletter Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFIshow [dot] com If you like what you hear, please leave a rating/review! The FI show on iTunes The FI show on Android Check out our Partners Sign up to Proptech Conference for a Cause hosted by igloohome. Your ticket fee will be donated to Team Rubicon for Covid-19 relief efforts. Doug’s Information Website: NicheSiteProject.com/FIShow Learn More About Your Hosts Fly to FI (Cody’s Blog) Saving-Sherpa (Justin’s blog)

Today’s episode features Julien and Kiersten from Rich & Regular. The name is a play on Rich & Famous where they talk about how they never want to be disconnected from regular people. They share their personal and professional journey. Julien and Kiersten also share the unique challenges that face the black community and wealth-building. Most people can think of white people who are wealthy but not famous, yet when we think of black wealth, we conjure names like Oprah, LeBron, or Obama, and Julien and Kiersten want to show that it doesn’t have to be that way. Listen, learn, and let us know what you think about this incredibly important topic. Episode Summary Julien and Kiersten’s Background Julien grew up with a scarcity mindset This was during the crack era in 1980’s Brooklyn He knew that money existed but never saw it in real life This led him to believe he could never be rich Kiersten’s background was very different She grew up in the suburbs of Atlanta Kiersten says she was comfortable and never worried about money Julien credits mentors at all stages of his life for his ability to make it in life He says these people would always push him further In 2005 he was graduating from Georgia State University and spending time in Europe This trip changed his world view and made him realize what’s possible Difference’s in Spending Come to a Head Julien and Kiersten go on a vacation to Panama Julien expected they would really cut back on spending after returning His focus was on getting the credit card back to zero Kiersten was on a totally different page She wasn’t looking to slow down spending This caused some friction but obviously they got through that Kiersten realized she just always had income coming in so she felt like there was always more Wealth Disparity of the Black Community Julien highlights the median net worth of black members of the Boston community The median net worth at the time was $8 He talks about the problems society we will see as this gap grows He cautions that there will be violence and crime as people get restless Julien also quotes a study that project the median net worth of black families in the U.S. will be $0 by 2053 How Do We All Help Kiersten urges people to support black-owned business She talks about how this allows you to vote with your dollar This also trickles down to other families She says that for any product you can buy at a big store, you can probably buy from a black-owned business No FIRE Number Julien doesn’t find a lot of value in focusing on a FIRE number Kiersten jokes that it has bounced around by 100s of thousands Hitting that number wouldn’t radically change how they operate They’re very motivated to keep that number climbing With this money, they can make more of an impact on social activism Resonating with the Black Community Talking about the FI path in a non-linear way Often times people of color don’t have the benefit of predictability Then we talk about the book The Real Pepsi Challenge In this, it’s highlighted that black people aren’t just white people with darker skin The experiences and interests there are just different You wouldn’t market to a mother of three the same way you would to a man with no children So it should be familiar that different people need messages in different ways Julien and Kirsten feel like they’re meeting people where they are and speaking to people who haven’t been spoken to Rich and Regular Get Published They didn’t expect to be writing a book this soon This process has involved agents and a writing coach There were 13 different versions as they tried to pull this together Julien describes it as part financial love story, part financial inspiration, and part an invitation to the black community to come to join the FI movement It is also targeted to help couples get on the same financial page.   Key Takeaways Vote with your dollar: You can make a direct impact with who you do and don’t support with your hard-earned money. Gas Tank Analogy: We often feel like we have to hit our FI number before we can make these decisions but imagine if we wouldn’t drive our car unless we had a full tank of gas? Call to Action 1) Support business owners and entrepreneurs in the black community 2) Make your workplace or organization more inclusive and open 3) Speak up! Nothing gets solved if it isn’t brought to light. Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Sign up for our exclusive newsletter Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFIshow [dot] com If you like what you hear, please leave a rating/review! The FI show on iTunes The FI show on Android Check out our Partners Sign up to Proptech Conference for a Cause hosted by igl