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054 | Fully Funded Lifestyle Change

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.

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

Listen to Brad and Jonathan’s thoughts about this episode here.

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Thank you for being a part of the ChooseFI community!  ? If you want to support us, here are some easy ways:

1) Leave an iTunes review: http://www.choosefi.com/itunes

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3) Most importantly, find your friends, coworkers, and family members who may be open to this message and tell them about the podcast! (Episode 21 is a great starting place) As Jonathan would say, “The FIRE is spreading my friends!”

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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