M1 Finance Review: Completely Free Investing

M1 Finance Review - Completely Free Automated Investing!

ChooseFI may earn a commission if you click on our links and create an account, at no additional cost to you. We appreciate your support! It’s no secret that investing can be complicated. So anytime it can be made easier, folks get pretty excited. That’s why there’s been a lot of hype about M1 Finance. Table Of Contents What Is M1 Finance Why M1 Finance What M1 Finance Offers How To … Read more

004 | Get Off The Hamster Wheel | Jonathan Backstory

how-to-pay-off-student-loans

In Today’s Podcast we cover: Jonathan shares his origin story from and how he graduated from pharmacy school in 2013 with $168,000 student loan debt and how he payed them off in less than 5 years How did he get to that point? ‘Followed the rules’ to get his pharmacy degree but came out owing $1,000 per month in interest You don’t have as much money as you think: the impact … Read more

003 | Let’s Talk About Fees | Why Investment Fees Are Evil and How to Avoid Them

only-use-index-funds

Learn how devastating Fees can be to you net worth and how to avoid them How to invest your 401k?  Nobody knows! Index funds and low cost ETFs are the way to go Readings that changed our investing trajectory Who outperforms the market?  Nobody.  Hold the course and buy the entire US market. You aren’t going to find a brilliant financial advisor who can outperform the market Running an investment … Read more

002 | Why Failure Matters | Brad Backstory

how to succeed through failure

Brad Barrett’s shares his entrepreneurial journey online Learning about online business from Tim Ferriss Drop shipping business online with firewood racks bought from Flippa SEO strategies and getting crushed for black hat tactics Skills learned, even from ‘failures’: ability to create websites Takeaways for Brad in failures. Starting a new project: Personal finance site called Richmond Savers Getting local media attention The value of personal relationships, even in an online … Read more

001 | The ChooseFI Radio Podcast | A Life Optimization Strategy

choosefI-finance-podcast

Introducing a Finance Podcast by FIRE for FIRE In Today’s Podcast we cover: Welcome to ChooseFI’s first podcast from Jonathan Mendonsa and Brad Barrett What  the ChooseFI finance podcast is all about: This is a finance podcast by the FIRE community and for the FIRE community Build a gathering place for the entire Financial Independence Retire Early (FIRE) community Experiments in Financial Independence: Battle test ideas and see what works … Read more

Welcome to the Fishbowl: FI Experiments for 2017

welcome-to-the-fishbowl

We started ChooseFI.com as a financial independence laboratory.  While many aspects of your journey to FI are simple (save a significant percentage of your income, invest most of your money in low-cost index funds, max out your 401k, etc., etc.) there is still a lot of room for experimentation, especially on the making money side of the equation. We know you might not have the time or resources to run … Read more

Early Retirement: Must Read Websites To Retire In 5 Years

Interested in Early Retirement

Early Retirement should be attainable for everyone. Do you want to be financially independent in 5 years. Not sure where to start? These 20 websites will give you all the information you need. for free. This is a living list and will be subject to change as the quality of content available continues to grow.

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Congratulations! You’re Broke

Congratulations you're Broke

Well, maybe things aren’t so bad. As of July 4th, 2016 my retirement accounts matched the remaining balance on my student loans. Neither of those numbers is particularly impressive but it allows me to claim a net worth of $0. Net worth is a snapshot in time, it does not define you or even give you a good idea of where you are going. Instead, we need to look at savings rate and the trend over time

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The Ultimate Costco Meal Plan | Part 1

You need to think about food budgeting America has a food obsession. We have grocery stores at every major intersection, restaurants on every corner and fast food chains to fill the gaps in between. I have talked to many of my neighbors and those conversations mirror the statistics I read online. Most of middle-class America’s disposable income goes to food. Grocery and the food budget can range anywhere from $500 … Read more

The Reluctant Frugalist

Frugal

Frugal Living is the Fastest Way to Financial Independence

So I’m not naturally frugal. I don’t crave minimalism or get express enjoyment from having less. If I could drive a massive 2016 Silverado without payments I would probably go for it. But, I am a practical frugalist. I realize that the dollars and cents add up, and a dollar saved now is a dollar I can put to work for me down the road. Frugalism is a means to an end for me. The end goal is Financial Independence. I want to work because I want to, not because I need to.

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