033R | The Friday Roundup

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Friday Roundup 033R

ChooseFI Favorite: top rewards card for beginners

Chase Sapphire Preferred Card​

Looking for the best credit card to start earning travel rewards points? The Chase Sapphire Preferred is our pick. With a 50,000 point signup bonus (after spending $4,000 in the first 3 months), the $95 annual fee waived the first year, and ultra-flexible points (transfers to 13 airlines & hotels!), this is our top choice!

ChooseFI Favorite: top rewards card for beginners

Chase Sapphire Preferred Card​

Looking for the best credit card to start earning travel rewards points? The Chase Sapphire Preferred is our pick. With a 50,000 point signup bonus (after spending $4,000 in the first 3 months), the $95 annual fee waived the first year, and ultra-flexible points (transfers to 13 airlines & hotels!), this is our top choice!

In today's Friday Roundup we go in-depth on Episode 33 with Dominick Quartuccio including thoughts on self-improvement, meditation and a challenge from Brad. Frugal wins of the week plus three voicemails from the community.


In Today’s Podcast we cover:

  • Unpacking Episode 33 with Dominick Quartuccio and our takeaways from the episode
  • Intentionality allows you to purchase your freedom, and we want to expand that intentionality beyond just personal finance
  • Our focus on living a happier, more content and optimized life
  • The ultimate luxury is the ‘perpetual money making machine’ to provide time and focus on what matters in life
  • How Dominick spent $28,000 this year on personal development. Have you spent any time or money on your own personal development?
  • Spending on things that you value, and directing money and resources as such
  • How to improve your life for $0 and learn and grow
  • Brad’s challenge: Make one change in your life this week that will make your life better
  • Break some negative habit and disrupt it in your life this week
  • Jonathan’s change this week: Eating carrots and salad without salad dressing
  • Meditation and breathing. Take one deep breath.
  • Brad’s description of his meditation practice
  • What gets you excited or nervous about life coming up in the near future? How are you expanding your horizons?
  • How Jonathan has learned by starting ChooseFI and how it has been the excitement in his life this past year
  • Discussion surrounding guilt over not feeling content with your “perfect” life
  • Limiting beliefs: Don’t let them hold you back and also go back and analyze the beliefs and stories you have been carrying with you your entire life
  • The value of making small changes over time to improve your health
  • Jonathan’s search for better tea
  • Feedback from the audience on Episode 33 with Dominick
  • Frugal Wins of the Week:
    • Holly saved money by not going to the movies and bought the game Outburst
    • Adlay fixed his air conditioner after watching videos on replacing a capacitor on YouTube
  • Quote from Paige how she only has control over her spending and savings rate
  • Discussion about contest with Alan Donegan on building a business
  • Voicemail from Jessica with new segment we’re calling “Highlighting the Hamster Wheel”
  • Voicemail from Royce who used our voiceover guy for his side hustle contest submission
  • Voicemail from Thomas about a side hustle to teach English to Chinese students
  • Itunes reviews

Links from the show:

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6 thoughts on “033R | The Friday Roundup

  1. Dave Ramsey is to kindergarten building blocks, as ChooseFI is to debt free college degree with 10 years real world experience!

    I tell my teenage son’s that until 25 years old when their brains are fully formed, use Mom and Dad’s.

  2. I’ve seen criticisms regarding the 4% SWR advice, including CNN’s article saying that 3.5% or 2.5% would be better for the goal of living 40-45 years in retirement, with the first 10 years being the most important for the success of the retirement planning. These articles were published earlier in the year and during the past few years. Can you point me to advice in the FI community that addresses this?

    Also, what is the equation for determining the amount of savings needed to retire for different benchmarks of years in retirement (30, 40, 50, 60 years in retirement)? It seems that the MMM guideline of 25-30x(target income) might fall short. What advice do you have? …And, I’d like to see the math on it, please.

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