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:
- 1500 Days to Freedom
- FinCon conference
- The Four Phases of FI from 1500 Days
- Mr. Money Mustache
- Ticket to Ride board game (our favorite is: Ticket to Ride Europe). Jonathan’s Board game collection is over the top and in no way frugal.
- The Practical Benefits of Outrageous Optimism by Mr. Money Mustache
- Jocko Podcast (Take 5 minutes and watch these 2 videos: Good and Discipline)
- Wait, But Why site
- 1500 Days on Twitter
