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051R | Be Coachable

The importance of getting past limiting beliefs as well as how to use the community to your benefit and take action in pursuing FI.

Podcast Episode Summary

  • Recap of Monday’s episode with Mrs Money Monster.
  • The importance of getting past those limiting beliefs
  • Why we should learn to embrace the growth mindset, to always be willing to learn
  • The value of having mentors
  • Why FI is acknowledging that I am more than the sum of my stuff
  • Having more control over your finances means making retirement optional
  • Choose FI local groups are growing, making the Camp FI and FI Festival possible
  • Voicemail from Lori about educational IRAs answered by Ed Mills from the Millionaire Educator
  • Voicemail from Michelle about her journey to FI. All about taking action and keep working towards your goals.
  • Matthew’s post from the Facebook Choose FI group: how one person changed his life by introducing him to FI
  • Voicemail from Haidi about her preparing for retirement. By choosing to be half retired she will always continue learning.
  • How to work out the wonderful problem of having so much choice when it comes to financial freedom.
  • Voicemail from Lance after attending Alan’s Popup Business School and who wants to give back to the community.
  • Teaser of Monday’s episode: Challenging our beliefs
  • iTunes review and Book Giveaway

Links from the show:

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Lessons From a Young Entrepreneur | Ep 422

At least once in most of our FI journeys, we have pondered what our life would look like if we started earlier. Maybe you have even wondered what value could’ve been gained if you had started in your teenage years. Well, for some context into the possibilities decision that could provide, we decided to have 17 year old listener Devin on the podcast to discuss what life can look like when you go against the cultural norm of going to college, and instead opting for an entrepreneurial and FI friendly lifestyle. Oftentimes we mention that there are rewards that come with stepping out of your comfort zone, and the same can be said for going against the societal norm and carving out your own path! For our younger audience who may be interested in getting started with their FI journey, let this episode be a useful resource and reassurance that this journey can begin no matter your age!

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