ChooseFI Logo

100 | Welcome To The FI Community

Brad and Jonathan look back at the ChooseFI Podcast’s growth during the past 100 episodes and hit the highlights of financial independence for new community members and recap their own financial independence journeys.

  • Jonathan considers himself a reluctant frugalist, but the idea of not having to work won him over.
  • Brad and his wife were natural savers but chose to move from Long Island, NY so that they could save more and work toward financial independence.
  • If you want to take back your years and have the option to stop working before your 60s, you’re going to have to live differently and make different choices.
  • The key to long-term freedom is saving money.
  • The benefits of pursuing financial independence are felt long before reaching FI.
  • Jonathan put himself in a position to leave his pharmacy job when it stopped working for him and his family.
  • A huge quantity of life’s stresses can go away if you’ve got some money in the bank.
  • What you earn minus what you spend = the gap.
  • The goal of the ChooseFI community is to help you grow the gap, and pursue what you’re most interested in.
  • ChooseFI isn’t about the money, it’s a life optimization strategy.
  • Small sacrifices add up in the long term.
  • What is a talent stack, and how did it change Brad’s life?
  • Starting with current income is the wrong place to start calculating the number you need for retirement.
  • FI number = 25 x annual expenses (4% rule of thumb)
  • If you’re only saving 1%, it’ll take you 100 years to replace one year of expenses.
  • Getting as close to possible to a 50% savings rate is when things really start to move quickly.
  • Being rich isn’t watches and cars – it’s money saved and pursuing what’s more important to you in life.
  • What major decisions put Brad on the path to FI?

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

Blueprint to FI book preview

Choose FI: Your Blueprint to Financial Independence

Discover the framework for success from dozens of people who have found their own path to financial independence. Learn how to spend less, earn more, and live a fulfilling life of abundance. Download your free sample chapter today!

Links Mentioned in Today’s Show

Mr. Money Mustache

More Resources to Get Started

Podcast Essential Listening Guide

Our Favorite FI Tools

ChooseFI Financial Calculators

ChooseFI Travel Rewards Episodes and Articles

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.
More To Explore
You Might Be Interested in...
Something New at ChooseFI harnessed the power of AI to provide in-depth transcripts for all ChooseFI podcast episodes. Each section of the transcript is clickable so you can listen to the podcast at exactly the point you’re looking for

Other episodes
Share This Post