Jonathan makes a HUGE announcement about quitting his job. We discuss this big transition, how Jonathan will be planning for the future and the power dynamics behind FI.
In today’s episode we cover:
- Huge announcement: Jonathan quitting his job
- The reasons for doing this change
- His thought process before taking action
- Why Jonathan is able to take this decision
- How his situation is optimal to take this leap
- What has changed in his life over the past year
- What triggered Jonathan to quit
- How FI allows you to take decision in your best interest
- The power dynamics involved
- Jonathan’s path to FI
- The importance of keeping relationships: quitting the job on good terms
- How FU money should be operated from a place of power
- The financial steps Jonathan is taking as he transitions out of his job
- The importance of shopping around for life insurance when young
- The dilemma with health insurance
- How FI is about planning for eventualities
- Teaser on a future episode about managing taxes as an entrepreneur
Links from the show:
- Where the original idea came from: Slowly Sipping Coffee
- Personal Capital
- Todoist App
- Zander: Compare different life insurance policies
- Pick the Right Early Retirement Health Insurance by ESI Money
- Liberty Health Share