Jonathan and Brad discuss the takeaways from the episode with JL Collins. During the community feedback portion, learn about travel reward perks that are available for active duty military and how to get started with index fund investing.
Jonathan and Brad discuss the takeaways from the episode with JL Collins. During the community feedback portion, learn about travel reward perks that are available for active duty military and how to get started with index fund investing.
In this episode: buy and hold, macroeconomics, interest rates, bond investing, when to sell, mindset, and thinking differently.
Don’t Pay Fees to Buy Vanguard Mutual Funds at Other Brokerages I see many people in our community get obsessed with only buying “VTSAX” (Vanguard’s Total Stock Market Index Fund) because they’ve heard so much about it in the FI Community. This is a wonderful fund if you’re investing through
Travel Rewards Sweet Spot Examples Travel Rewards is one of our “Pillars of FI” as we think it is an easy way to take 1-2 nearly free vacations each year by using your smart credit card habits and opening targeted credit cards (here’s my Top 10 List that I keep
Negotiate Your Salary One of the enduring lessons from our podcast is this: “Everything is negotiable.” I was reminded of this essential lesson by the Financial Mechanic, who I just recorded an episode with that will come out in early September. She gives us an update on her ‘7 Negotiation
Financial Independence Celebration On this July 4th – Independence Day here in the US — I want to celebrate you and your pursuit of Financial Independence. Even though we number in the millions worldwide, we are still a relatively small and surprisingly misunderstood community. There is this caricature that we are misers
9 Basics of The Simple Path to Wealth I wanted to pass along two wonderful pieces of foundational content from two close friends of ChooseFI. We’ll start with JL Collins, and for this we’ll go back to one of his most important posts, “How I Failed My Daughter and a
FI Hobbies and Activities I published a fun podcast episode yesterday with my friend Chris Terrell where we talked about some fun, frugal FI hobbies including board games (oh, how we love board games!) and pickleball. If you’re someone who doesn’t think of themselves as a board game fan, I
11 Simple Rules for a Wealthy Life I revisited an article I wrote nearly a decade ago called ‘A Lifetime of Financial Advice in Your Wallet’ on my original site Richmond Savers (that site’s claim to fame was the ‘Step-by-Step Guide to Disney World using Rewards Points’ article that we’ve since
“Baby Steps” is a term popularized by Dave Ramsey to teach people a step-by-step process to help them pay off debt and take control of their finances. Perhaps the Ramsey way of thinking led you to the Financial Independence movement and you’re looking for something more. Or maybe you’re starting
True Cost of Car Payments I saw a recent stat that the average car payment hit $777 per month, and I was absolutely shocked that people would willingly take on that large of a required monthly payment for something that sits idle 98% of the time! I wanted to look
It’s no secret that investing can be complicated. So, when something comes along that demystifies and simplifies it, as well as makes it financially accessible to nearly everyone, people tend to get pretty excited. That’s why M1 Finance, a fee-free, robo-advisor, quickly became a FI community favorite. With its sleek,
Our community helps people discover and accelerate their path to Financial Independence with the goal of earning more, spending less, and enjoying the journey.