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014 | The Phases Of FI With 1500 Days

woman tracking personal finance in notebook

Carl, from 1500 Days, joins us to talk about the phases of financial independence.

The Phases of FI with 1500 Days (Mr 1500)

  • Close-knit community at Fincon and FI generally, Its amazing how much you have in common with somebody when you share a philosophy about money
  • What is your philosophy about money? It isn’t about money – it’s a tool to a better life
  • The goal of his site 1500 Days to freedom
  • Their real estate investing experience
  • Buying a McMansion and selling it within 2 weeks
  • How one bad day at work led him to MMM and the concept of early retirement
  • The importance of health
  • Surrounding yourself with the best possible people
  • Live in a place that has outdoor pursuits, the best possible library and a strong community
  • Raise your children to be good, hardworking people and raise your knowledge every day
  • Explore the world and give back by volunteering
  • Time is the most essential resource, and it’s slipping away from you unless you plan for it
  • Develop passions to design the life you want to live with the time available. Without passions, FI would be a prison
  • The Four Phases of FI
  • Financial independence doesn’t mean not earning money. It means following your passions
  • Hot Seat Questions

Links from the show:

Books Mentioned in the Show:

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