054 | Fully Funded Lifestyle Change

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.

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

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