- Jonathan recaps his recent family vacation and travel to FI Chautauqua Greece.
- Chautauqua was most importantly about community.
- Jonathan saved nearly $1,200 on a bill for his son’s broken leg just by asking for an adjusted cash-pay price.
- The Playing with FIRE Kickstarter event far surpassed expectations.
- More than 1,000 supports
- More than $100k
- Review from Monday’s episode with Michael Peterson.
- Michael continues to work because he wants to be able to give.
- Geoarbitrage might not always be what we think; moving to ‘less expensive’ countries also usually involves a big lifestyle change.
- Considering oneself to be a steward of resources, not just an accumulator of money, puts members of the FI community in a unique position to be generous and consider their impact on world.
- Voicemail from Brian Feroldi from Motley Fool: stock market is down about 10%, but no need to panic, as drops in the market are normal and bound to recover in the long term.
- Buying stock when it’s down is like buying stock that’s on sale.
- Voicemail from Chris who tries to support 2nd and 3rd generation FI by supporting childhood entrepreneurship.
- Hansi asks the community for help brainstorming 31 free/inexpensive things for couples to do in the fall.
- Drive to look at fall foliage
- Toast pumpkin seeds
- Backyard fire pit
- Josh, a dentist in Oregon, opted to go to dental school in Oklahoma for half the cost of a school in Boston, and then chose to work in a rural group practice to significantly increase his income.
- Using money he put into his 401k, he purchased a practice in Bend, OR and improved his lifestyle.
- Expects to pay more than $1.2 million of loans in the next 5 years.
- In the medical industry, working in more remote locations tends to increase income.
- Voicemail from Matthew who is a military dentist – military pays for the cost of dental school, plus a stipend, in exchange for a few years of service to the military, and a guaranteed job.
Personal Finance
Brad and Jonathan give us an update about the “Playing with FIRE” documentary, Hail Mary FI, and how to build an escape route from the