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014 | The Phases Of FI With 1500 Days

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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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Choose FI has partnered with CardRatings for our coverage of credit card products. Choose FI and CardRatings may receive a commission from card issuers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities. American Express is a ChooseFI advertiser. Disclosures.
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