084 | Montana Money Adventures

084 Montana Money Adventures Jillian Johnsrud financial independence

Jillian, from Montana Money Adventures, talks about simplifying her life while raising five children, valuing grit and resilience, taking risk, and the value of financial independence. What you’ll hear in today’s show: What does Jillian mean by “big family minimalism”, and why did she consider it a survival tool? <– LINK How did Jillian decide to adopt several children? What role do grit resilience play in her story, and how … Read more

083R | The Hobby Checkbox

083R The Hobby Checklist

Recap of Monday’s episode with Cody Berman, a checklist to optimize your hobbies, a highlight on the San Diego local group, and messages from the ChooseFI community. What great present did Brad receive from his mother for his birthday this past week? Brad recaps his first local adventure with his family. Jonathan presents an idea for a small business for Brad’s daughters. Will Brad be on the next “Survivor”? Jonathan … Read more

083 | A Second Generation FI Case Study | Cody Berman FlytoFI

083 FlytoFI.Cody Berman

Cody Berman, a 22-year-old recent college graduate and second generation FI, talks about embracing frugality, saving and investing in his youth, optimizing a path through college, and getting his Disc Golf business off the ground. What you will learn: How did Cody get started down the path the FI? How did Cody become familiar with the concepts of compound interest and the Rule of 72? How did Cody’s dad encourage … Read more

082R | The Paradox of Choice

082R the Paradox of Choice

Discussion of Brad and Jonathan’s purchasing habits, messages from the ChooseFI community, benefits and drawbacks of roboadviors, and a summary of capital gains harvesting. Jonathan gives a review of some travel hacks on a recent trip to Chattanooga, TN. Capital One Venture Card allows users to redeem miles for nearly any travel cost. PSA: bring a copy of your child’s birth certificate if you’re traveling. Review of Monday’s episode with … Read more

082 | A Wife’s Perspective | Laura and Dani

082 _ A Wife's Perspective (1)

Brad and Jonathan’s wives, Laura and Dani (respectively), talk about their introduction to FI, combining finances, budgeting with children, and maintaining balance. How did Dani and Laura approach saving before meeting Jonathan? How did Laura’s parents change careers to improve their financial status? How was growing up in Zimbabwe different from a typical American upbringing? What did saving money mean to Dani when she started working? How did Dani respond … Read more

081R | The Fear of Letting Go

081R Fear of Letting Go

Strategies for decluttering and living with less (reflecting on Cait Flander’s interview with us on Monday), life hacks from the community, and a winner for the free ticket to CampFI in Joshua Tree! The ChooseFI community is growing and gaining national attention. How This Couple Saved $1 Million in 11 Years and Became Financially Independent Before 40 Nine Money Podcasts You Should Be Listening To Local Groups are really effective … Read more

081 | The Year of Less | Cait Flanders

Cait Flanders, author of “The Year of Less”, talks about building $30k of consumer debt, challenging herself to go two years without shopping, and learning how to be comfortable in her own skin without the distractions of consumerism. When did Cait start blogging, and how did she start writing her book? How did Cait build $30k of debt? How did her Dad’s interest in money and finance influence Cait? Did … Read more

080R | A Case for Survivor, Compost, and 2nd Generation FI

080R Survivor Compost and 2nd Gen FI

Conversation about teaching your children to save and invest, healthcare options, and an argument in favor of home gardening and composting. Brad contemplates applying for “Survivor”. Review of Monday’s episode with Khai from AlabaMalaysia. How does Jonathan use the idea of “anchoring” in his own life: setting big goals so that even if he misses, good things still happen? Brad and Jonathan talk about how they would set little, achievable … Read more

080 | FI is an Amazing Race | AlabaMalaysia | Reverse GeoArbitrage

Khai Shing, a former contestant on The Amazing Race, and blogger at ALABA+MA+LAYSIA, talks about balancing her pursuit of FI while finding ways to travel, worldwide, at discount prices. Did Khai start with global travel, or with The Amazing Race? Took about 3 months from applying to The Amazing Race with her twin brother, to being selected for the show – traveling all over China. Khai grew up in Malaysia, … Read more

079R | Personal Brand

079R Personal Brand

Highlights of Monday’s episode with Tim & Amy Rutherford, discussion about healthcare, additional podcast recommendations, and voicemails from the ChooseFI community. Jonathan’s trying out gardening, and DIY projects around the house. What are the advantages of composting? Review of Monday’s episode with Tim & Amy Rutherford. FI is mostly about finding a simple way to live and enjoying the people around you. Housesitting is essentially creating a community and leveraging … Read more

079 | Embracing Retirement | Amy and Tim Rutherford

079 _ Embrace Retirement-Go with less- Amy Tim Rutherford

Tim & Amy Rutherford talk about early retirement, living with lower expenses and a busier schedule of fun, free activities, and what life changes they made to get there. What you’ll hear in this episode: How did Amy and Tim meet and what were their spending habits at the time? What did “frugal” look like for Amy and Tim initially? With enough money in the bank, cutting their spending gave … Read more

078R | College Hacking Toolbox

078R _ College Hacking Toolbox

Discussion of Episode 78 with Travis Hornsby and the positive feedback we received Jonathan has become a “rockstar” at selling things on Craigslist Tips from Jonathan on how to earn more money selling on Craigslist, including how to write a better product description Brad also decluttered his life by selling his old home and now has to determine how to spend the money that was just deposited into his bank … Read more

078 | Student Loan Debt Repayment | Travis Hornsby

078 _ Student Loan Repayment Strategies _ Travis Hornsby

Travis Hornsby, founder of StudentLoanPlanner.com, talks early retirement, traveling Europe, and developing a passion for helping people crawl out of student loan debt. What you’ll hear on today’s show: Why did Travis attempt retirement at 25? If you’re unhappy before reaching FI, will you be happy afterward? Where did Travis’ frugal tendencies come from? How did Travis get paid to go to college? Do many universities offer full scholarships, and … Read more

77R | Side Hustle Coaching Series Part 2 | Alan & Tallis

077R Side Hustle Coaching

An second part to the conversation between ChooseFi community member Tallis, who teaches dance classes in retirement facilities, and Pop-Up Business School founder Alan Donegan, to help get Tallis’ side hustle off the ground. Precursors to this episode: Episode 30 and Episode 56. Tallis gives an update on her side hustle to-do list. Client feedback: the questions you ask impact the results you’ll get. What is the best way to … Read more

077 | Travel Rewards | Marla Taner

077-Travel Rewards

Experienced travel hacker and world traveler Marla Taner shares story of reaching financial independence, and her best tips for getting to Hawaii, Costa Rica and the Caribbean with minimal expenses, using credit cards points and air miles. What you’ll get in this episode: How Brad and Jonathan come to know Marla What does it mean for Marla to be 3rd generation FI? What lessons did she learn from her parents … Read more

076R | Race or Journey

076R Race or Journey?

Brad and Jonathan brainstorm ways to implement local adventure into their own lives and the lives of the ChooseFI community, chat about high school reunions and local libraries, and offer a few clarifications about 401k contributions. Jonathan’s 26-year-old sister just hit an 85% savings rate. Living at home can be super helpful to the recent college graduate, or young person entering the workforce. Getting to $100k net worth is the … Read more

076 | Planned Spontaneity | Mrs. Adventure Rich

076 _ Planned Spontaneity adventure Rich

Mrs. Adventure Rich talks about making the choice to live an adventurous life, her family’s pursuit of financial independence, and finding a balance between maximizing financial opportunities and living a happy, fulfilling, high quality of life. Mr. and Mrs. Adventure Rich are anonymous bloggers from Michigan, who are pursuing both financial independence and living a life of daily adventure. How did Mrs. Adventure Rich get started on the path to … Read more

075R | Mainstream Adoption

075R Mainstream Adoption

“Personal finance is becoming financial independence.” Financial independence doesn’t necessarily mean retiring early; it means allocating your resources in the way you see fit. This is just a taste of what we discuss in this recap from Monday’s interview with Brian Feroldi from The Motley Fool. Jonathan talks about blowing his budget on breakfast at the cold bar in Wegman’s, while Brad thinks that grocery shopping at Wegman’s is the … Read more

075 | The Unfair Advantages of the Individual Investor | Brian Feroldi

Brian Feroldi talks through the advantages and disadvantages of individual investing, the realistic expectations for performance, and his strategies for beating Wall Street. How did Brian find the FI community? How did Brian start investing, and how has his strategy changed? Brian still focuses his investments on index funds, but has found that well researched and intentional investment in individual stocks can be really successful. Professional money managers operate under … Read more

074R | ChooseFI Scholarship

074R ChooseFI Scholarship

An update the community on recent activities, discussion about the opportunity cost of college and potential alternatives, a ChooseFI scholarship announcement, and a few voicemails from the ChooseFI community. What you’ll hear in the show: Brad recaps his trip to the Berkshire Hathaway shareholders meeting in Omaha, and a visit with the ChooseFI local group in Omaha. Jonathan shares how he recently cut his grocery costs by nearly $700. Use … Read more

074 | Ryan Carson | Learn to Code

074 _ Ryan Carson _ Learn to Code

Ryan Carson’s tech-education company, Treehouse, teaches computer coding as a trade skill, giving students an opportunity to enter the work force, or change careers in nine months, at a fraction of the cost of a four-year degree. Ryan considers coding a trade skill, rather than profession that requires a four-year degree. Ryan founded Treehouse to help people avoid student debt, get a job sooner and start saving for their 401k … Read more

073 | Jamila Souffrant | Fail Forward | Journey to Launch

073 _ Journey to Launch _ Jamila Souffrant

Jamila Souffrant tells us about college internships, buying real estate right out of college, a few failed business ventures, and her decision to pursue FI, starting by saving $85,000 in the first year.   Check out what we cover today: Jamila is a full-time job, full-time mom, part time podcaster. As the child of an immigrant single-mother, how did Jamila’s childhood experiences impact her college and early professional career? She and … Read more

072R | The Five Most Important Financial Conversations you need to have with your Child

072R The 5 Most Important Conversations

Lively discussion about cryptocurrencies as investments, review of last week’s MidAtlantic Camp FI, and several exciting contributions and questions from the ChooseFI community. What you’ll hear in today’s roundup: Brad’s brother is visiting from Santiago, Chile – how is he managing his path to financial independence as an international teacher? Review of Monday’s episode discussing Bitcoin with Myles Wakeham What are drawbacks of cryptocurrency? Is Bitcoin a good investment, or … Read more

072 | Should I Buy Bitcoin | Myles Wakeham

072 _ Bitcoin _ What Am I Missing _ Myles Wakeham

Myles Wakeham tells us how he discovered Bitcoin, how and why cryptocurrencies have to value, and gives us a nuanced perspective of where cryptocurrency might go in the future. Myles is a software developer. How did Myles come to invest in Bitcoin? Myles spent years figuring ways to pay his Bangladeshi software developer, until mid 2011, when his contractor discovered Bitcoin as a more effective method of payment. How is … Read more

071R | The Value of Soft Skills

071R _ The Value of Softskills

Brad and Jonathan compare their college experiences to Chris Hutchins’ from the Monday episode, they discuss the importance of owning your own FI decisions, and we get updates from several members of the ChooseFI community. What you’ll hear in today’s show: Brad considers starting a blog for his daughter as second-generation FI. Review of Chris Hutchins’ episode last Monday. Brad compares his experience of packing meals ahead for vacation to … Read more

071 | Silicon Valley FI | Chris Hutchins | Grove

071 _ Chris Hutchins Grove

Chris Hutchins, founder/CEO of Grove, a new, optimized financial planning company based in San Francisco, talks about how a life and career of entrepreneurship led him to the FI community, and his current business venture. And, how his new company meets the needs of the average person better than a traditional financial planner. What you’ll hear in this episode: Is Chris a risk taker or financial conservative? How did Chris … Read more

070R | Left Behind

070R Left Behind

Updates from Brad and Jonathan, review of Vickie Robin’s episode, discussion of how ChooseFI aims to handle politics, and more updates from the ChooseFI community. Notes from the show: Brad is moving houses, making good community a priority in his family’s life. CampFi MidAtlantic this weekend is Virginia this weekend, but there’s two more this year: Aug. 3-6 in Joshua Tree, Calif., Sept 7-10 in Little Rock, Ark. More info … Read more

070 | Your Money or Your Life | Vicki Robin

070 Vicki Robin wordpress

Author and FI pioneer Vicki Robin discusses the cultural development of overconsumption, how much is enough, and what else, besides good investments, contributes to successful financial independence? What you’ll hear in this exclusive with Vicki Robin: Vicki’s story began when she invested in long-term bonds at a young age, achieving modest financial independence very quickly Vicki and her partner, Joe Dominguez, hosted seminars about financial independence beginning in the 1980s, … Read more

069R | How to Start a Blog

069R Choose FI How to start a blog

How Michelle chooses her own lifestyle, the benefits of having your own blog and how to start one. Not a good time for a podcast? Check out the article, How To Start A Blog here. What you’ll hear on today’s show: Review of Monday’s episode How Michelle lives her lifestyle by choice Why it’s a great idea to start a blog The key when creating content Why now is the … Read more

069 | Making Sense of Cents

Choose FI 069 Making Sense of Cents wordpress

Michelle has a very successful blog, Making Sense of Cents. She shares her lifestyle as a digital nomad and how she currently manages not just her blog, but her whole life living full-time in an RV. What you’ll hear on today’s show: Interview with Michelle from Making Sense of Cents Michelle’s backstory The success of her personal finance blog How long it took for her blog to take off How … Read more

068R | 2 Worlds Collide

ChooseFI 068R 2 Worlds Collide

The next steps after Dave Ramsey’s Peace University, the importance of being present and food budget hacks. What you’ll hear on today’s show: Review of Monday’s episode Brad’s life improvement thanks to FI How to use Dave Ramsey’s lessons Question from Chris about Dave Ramsey What the next steps after the Peace University look like Why and how credit cards can be useful Jill talks about being nervous going back … Read more

068 | Financial Peace Graduates | What Next? | Andy Hill

068 andy hill bringing your spouse on board to fi

What comes after the baby steps and Financial Peace University? Bringing your spouse on board with FI, the benefits of paying off your mortgage and the next Dave Ramsey steps What you’ll hear on today’s show: How Andy brought his wife on board with Dave Ramsey and FI What his life looked like before The importance of finding a balance How he started with talking about the benefits of FI … Read more

067R | Finding Your Superpower

067R Finding your superpower

Getting comfortable with being uncomfortable, hacks to save money on everyday electronics and using donor advised funds to optimize tax payments. What you’ll hear on today’s show: Jonathan optimizing his house insurance Comment from Katie on using diamonds on engagement rings Examples of velvet ropes The importance of getting comfortable with being uncomfortable Sara shares a DIY success Voicemail from Daniel about saving money on everyday electronics Jaclyn share’s her … Read more

067 | Raptitude and Free to Pursue

067 _ Venn Diagram of FI

David and Helene talk about consumerism, getting out of one’s comfort zone and the importance of simplicity. What you’ll hear on today’s show: Discussion with David and Helene How consumerism makes us buy more Controlling impulses How Helene constantly gets out of her comfort zone Mental hacks for self control Hedonic adaptation Complexity vs simplicity David’s thoughts after blogging for 9 years The importance of focusing on what lights you … Read more

066R | Letting Go of the Emergency Fund

066R _ Letting go of the emergency fund

Understanding emergency funds, investing in your house and some college and library hacks. What you’ll hear on today’s show: Review of Monday’s episode Different scenarios for using emergency funds Where to put your emergency fund Consumers Credit Union rewards checking paying 3.09% on a balance up to $10,000. You can earn up to 4.59%depending on balance and credit card usage also. Jennifer asks a question about needing the fund in 2-3 years The different … Read more

066 | The Emergency Fund…Is it a Bad Idea? | Big ERN The Reveal

The Emergency Fund - ChooseFI

Big Ern reveals his identity, explains the different anxieties of retiring early and the opportunity costs of having an emergency fund. What you’ll hear in today’s show: Big Ern’s background story Why he’s revealing his identity Why he decided to be anonymous in the first place How much his blog has to do with his job The different anxieties he’s been through The risk of retiring at the peak of … Read more

065R | Don’t Waste It

065R Don't waste it

College hacks, a great credit card debt hack and the importance of not wasting your advantages. What you’ll hear in today’s show: Voicemail from Chris about replacing broken items Review of Monday’s episode with Mrs Frugalwoods Why you shouldn’t waste your advantages Voicemail from Steve about educational programs The student debt loan movement happening in March Voicemail from Noah about a college hack Voicemail from Millionaire Educator on another college … Read more

065 | Meet the Frugalwoods | Achieving FI Through Simple Living

065 _ Frugalwoods meet mrs frugalwoods

Liz from Frugalwoods talks about her blog and book, how she got started with frugality and the amazing benefits it brings. What you’ll hear in today’s show: The origins of the Frugalwoods Liz’s backstory How she found her editor How the blog got started The different expectations she set for herself How she started a new life philosophy The development of her relationships with money Why the ability to save … Read more

064R | Board Games

064R _ Board games

Brad and Jonathan discuss plans for Chautauqua, board game recommendations and a question from Michael about travel rewards. What you’ll hear on today’s show: Brad’s frugal wins of the week Jonathan’s grocery tracking Warren Buffett’s Annual Report takeaways Future episode teaser on actively managed funds How FI is all about the journey and not the destination Plans for Chautauqua Message from Sebastian about Chautauqua New on the following Friday roundups … Read more

064 | Chautauqua | Oh The Places We Will Go

064 Chautauqua founders

Chautauqua organizers join us on a call to share what the Chautauqua event is about, the great community that attends, and plans for the future. On today’s show we cover: A call with 6 different Chautauqua organizers from around the world How Chautauqua got started The single coolest thing about the event The perspective from Carl’s first Chautauqua The structure behind the event Why people make lifelong friends The benefits … Read more

063R | Create Your Own Luck

063R Create your own luck (1)

A recap of Monday’s discussion with Scott Trench, how to create luck and find opportunities, and some of Brad’s life lessons dedicated to his daughters. On today’s show we cover: Discussion of Monday’s episode Why luck is an intersection of preparation and opportunity How Scott seized opportunities Why having a plan makes it easier to follow through The importance of having high expectations of life How the FI community is … Read more

063 | Scott Trench | Set For Life

063 Scott Trench Set for Life

An interview with Scott Trench from Bigger Pockets on the creation of good luck, his background and journey to FI and using house hacks to reach wealth. On today’s show we cover: Interview with Scott Trench from Bigger Pockets His book: Set for life Scott’s background How he discovered the concepts of personal finance Why he wanted to bridge the gap between real estate and personal finance The tons of … Read more

062R | Change the World

062R Change the world when you Choose FI

We review Monday’s episode with Travis on the Playing with FIRE documentary, a voicemail about the new tax law and a discussion about tracking business expenses. On today’s show we cover: Documentary Playing with FIRE Some great ways to practice gratitude with children How film is a great way to market an idea How the community of FI can change the world Review of Monday’s episode with Travis How Scott … Read more

062 | Manifest Destiny of FI | Travis Shakespeare

062 Travis Shakespeare Manifest Destiny of FI

Travis Shakespeare is creating the Playing with FIRE documentary. He talks about discovering FI, how FI has the power to change the world, and how one misinterpretation caused him to reach FI much sooner than he should have. On today’s show we cover: Interview with Travis Shakespeare His approach to creating the Playing with FIRE documentary What drew him to the media industry The power of story How he wants … Read more

061R | Bandwidth

Choose FI Bandwidth Roundup

Today we recap Monday’s episode with Cory Mascara about mindfulness with FI, a voicemail about a medical tourism hack and a method to teach your kids money management at a young age. On today’s show we cover: How Danielle is starting a new side hustle Favorite life hack: automation Why discipline equals freedom Review of Monday’s episode with Cory Muscara The space between stimulus and response The improvements after practicing … Read more

061 | Mindfulness and FI | Cory Muscara

Mindfulness & FI Cory Muscara

Mindfulness Coach, Cory Muscara, shares his background as a monk, how mindfulness links with FI and the process of meditation. On today’s show we cover: Cory’s background with mindfulness How kept looking for fulfillment Why he decided to go to Burma and become a monk for 6 months The relationship between physical pain and emotions How his guilt forced him to get through with it How he learned to notice … Read more

060R | HealthCare Vs Health Insurance

060R Healthcare vs Health Insurance

FI Chautauqua in Greece Tickets just went live!! We roundup Monday’s episode about medical tourism with a discussion on more hacks, having more power over your job and the importance of the talent stack. On today’s show we cover: Jonathan’s new morning routine The Skinny Waist Fat Wallet Challenge FI Chautauqua Tickets for FI Chautauqua went live this week and will not last long. Although this is our first time … Read more

060 | Medical Tourism | Myles Wakeham

060 _ Medical Tourism _ Myles Wakeham.wordpress

Myles Wakeham shares the little-known advantages of medical tourism, how he covers his medical bills and his personal journey to FI. On today’s Choose FI we cover: How Myles stumbled on FI His background building businesses How he finds opportunities His experience with Bitcoin How Financial Independence is all about choice What to do once you reach FI How to find what you truly enjoy Why medical tourism is important … Read more

059R | Challenge Yourself | Leverage the Power of the Hive Mind

059R _ Challenge Yourself _ Leverage the power of the Hive Mind.wordpress

A review of Vincent Pugliese’s interview, the satisfaction of DIY projects, and voicemails about financial coaching and international teaching. Not a good time for a podcast? You can read the article inspired by this episode here. On today’s show we cover: Doing more ChooseFI Richmond meetups The limiting beliefs of not wanting to learn The satisfaction that comes from DIY The importance of a legacy binder A review of Monday’s episode … Read more

059 | Freelance to Freedom Vincent Pugliese

059 Freelance to Freedom Vincent Pugliese.wordpress

Vincent Pugliese shares his journey to reaching FI after changing his mindset towards life and starting a business. On today’s episode we cover: Interview with Vincent Pugliese His recent book: Freelance to Freedom Vincent’s backstory as a student How supportive his dad was His journey of changing his thought process Why it’s all about giving first How photography was his first time finding focus How his passion and dedication got … Read more

058R | Dark Side of Value

058R _ The Dark Side of Value.wordpress

Our Friday Roundup of Monday’s CampFI episode, a discussion on pensions and of the value of CFPs. On today’s episode we cover: • CampFI • How easier it is to communicate with people in the same community • Why the entire community is about life optimization • Amy’s Facebook post on why more change happens in groups • Write a review to win a ticket to the next CampFI • … Read more

058 | Annual CFP Roundtable 2017 | Kyle Mast and Danny Kenny

choosefi annual cfp roundtable

A roundtable discussion with two CFPs, Kyle Mast and Danny Kenny, on what financial planning looks like in practice, the importance of talking to a CFP and managing different types of risk. On today’s episode we cover:   Roundtable Q&A with two Certified Financial Planners Kyle and Danny’s backstory How they learned about FI Why you should use the services of a CFP How they act as an educator and therapist … Read more

057R | CampFI Roundtable 2018

057R _ CampFI Roundtable

A live roundtable discussion at CampFI including talks on the military, the flexibility of the FI plan and reaching FI before your partner. On today’s episode we cover: Camp FI roundtable discussion Everyone’s different stage in FI in the community Doug Nordman talks about the military and FI How Doug manages his time Miss Mazuma talks about the value of resilience Natalie talks about the importance of keeping the FI … Read more

057 | The Golden Albatross | Grumpus Maximus

The Golden Albatross Grumpus Maximus Pension

Grumpus Maximus shares his military background, his blog about understanding pensions, and his path to FI. In this episode we cover: Interview with Grumpus Maximus about pensions and the military Where the name Grumpus Maximus comes from The Golden Albatross Grumpus Maximus’ backstory How he discovered the FI movement How he wanted to quit the military but would then lose all the benefits His relationship with Mrs Grumpus about money … Read more

056R | Choose FI Nation

056R _ ChooseFI Nation WP

We review on Monday’s episode with some talk on the workings behind ChooseFI, as well as several voicemails on travel and career hacking. Review of Monday’s episode How these coaching calls are like Reality Internet Taking those lessons and applying them to your personal life How the ChooseFI business works The process of scaling a business Yolanda’s Facebook comment on not buying stuff she doesn’t need How the community has … Read more

056 | Popup Business Part 1 | Alan Donegan

056. The Side Hustle Coaching series part 1

A slightly different episode as it consists of a coaching call between Alan Donegan from the PopUp Business school and Tallis, who wishes to grow her business and make it profitable. In this episode we cover: First episode the year: Coaching call Call between Alan Donegan and Tallis on her new business idea Alan will walk her through ideas to grow her business Tallis’ business: dance classes for people with … Read more

055R | End of Year 2017 Review

055R_End of Year Review 2017.wordpress

A review of ChooseFI’s progress over 2017 about the great community, how open everyone is to helping each other and several voicemails on people’s paths to FI. In today’s episode we cover: A walk through the past 12 months How to help the second generation FIRE Richmond’s article on how far the ChooseFI community has come The different processes of FI How FI is about getting a bit better every … Read more

055 | Live from Fincon 2017 Dallas Tx

ChooseFI Live From FINCON DALLAS

Live from Fincon 2017 in Dallas Texas, it’s ChooseFI! Hey there everyone, We recorded a special minisode that we wanted to share with you today. For those of you that found us this year and have been following us on this journey over the last 12 months. Thank you 🙂 We recorded this at the #Amazing FINCON in Dallas that we attended at the end of October, the conference was … Read more

054R | And the Guest Host is…

054R _ And The Guest Host Is_ youtube

Fritz from The Retirement Manifesto joins Jonathan to cover the topic of risk tolerance and capacity, Jonathan taking action to make ChooseFI happen, voicemails about college hacking, and ESI Money taking over Rockstar Finance. This episode covers: Review of Monday’s episode with Fritz The financial love letter How ChooseFI is now happening in real time The different risk tolerances in the FIRE community Sam from the Facebook group: Jonathan’s risk … Read more

054 | Fully Funded Lifestyle Change

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 … Read more

053R | End of Year Checklist

053R End of year Checklist

We discuss Monday’s podcast featuring Bobby from Millennial Money Man, the importance of building trust and creating a tribe as well as how to use your talent stack for business. In today’s episode we cover: Another side hustle: narrating books Review of Monday’s episode with Bobby from Millennial Money Man How blogging is a way to give back to the community Why you just need true fans to be successful … Read more

053 | Millennial Money Man | Do you want to be rich?

053 Millennial Money Man

This episode was an interview with Bobby from Millennial Money Man on attacking debt, becoming a full-time blogger, methods to teach finance in schools and how to scale side hustles. In today’s episode we cover: Bobby’s story starting as a high school music director Him quitting his job to be a full-time blogger How he paid off his student loans His mentor teaching him the basics of managing money The … Read more

052R | Bring It | We Are Just Getting Started

052R _ Bring It

We review Monday’s episode featuring Todd Tresidder discussing the different ways to reach FI through different asset classes, goals for 2018 and how to invest in yourself to create a happier life. What we cover: Recap of Monday’s episode with Todd: our most commented podcast How Todd makes us rethink FI and the way his mind works Why things are not as simple as the FI community make it out … Read more

052 | FIRE State of the Union | Todd Tresidder | Risk Management

Risk Management

Todd Tresidder from Financial Mentor comes on the show to share his perspective on the traditional way FI is taught ( FIRE State of the Union)  and where it could be improved. We discuss the unique characteristics of all three asset classes and the advantages and disadvantages of each. Create a framework for your wealth plan and understand the importance of risk management. In Today’s Podcast we cover: An in-depth … Read more

051R | Be Coachable

051R _ Be Coachable

The importance of getting past limiting beliefs as well as how to use the community to your benefit and take action in pursuing FI. In Today’s Podcast we cover: Recap of Monday’s episode with Mrs Money Monster. The importance of getting past those limiting beliefs Why we should learn to embrace the growth mindset, to always be willing to learn The value of having mentors Why FI is acknowledging that … Read more

051 | Mad Money Monster | A Roller Coaster Path to FI

Mad Money Monster

In today’s podcast we discuss the Roller Coaster Path to FI with Lisa from Mad Money Monster, including a new term she coined: F.I.O.R In Today’s Podcast we cover: A conversation with Lisa from Mad Money Monster on the ‘Roller Coaster Path to FI’ Lisa grew up in a trailer, but in a great school district on the ‘right side of the tracks’ She only recently started telling people she … Read more

050R | Impact | The Stealth Wealth Community

050R Impact | The Stealth Wealth Community

The Impact of FI, A New FI Curriculum being piloted in a university, and holiday hacks just in time for Christmas. In today’s Friday Roundup we talk a bit about Thanksgiving and how to work on being thankful for all we have (yes it’s about your family). We also look back on our previous episode with Mr Groovy about moving out of an expensive living area to reach FI faster and … Read more

050 | Domestic GeoArbitrage | Freedom is Groovy

Domestic GeoArbitrage Freedom is Groovy

In this podcast we discuss domestic geographic arbitrage with Mr. Groovy from Freedom is Groovy. In today’s Choose FI we cover: A conversation with Mr. Groovy from Freedom is Groovy to discuss domestic geographic arbitrage How Brad made a similar decision to Mr. Groovy to move from Long Island to a lower cost of living area How Mr. Groovy was a “financial moron” until he was in his 40s until … Read more

049R | FI Festival

049R FI Festival

In the Friday Roundup we discuss our big takeaway from Episode 49: The Aggregation of Marginal Gains. Plus, upcoming plans for the ChooseFI website, a FI Festival and local meetups. In Today’s Podcast we cover: A review of Episode 49 with Alan Donegan and Barney from The Escape Artist The growth of the FI community throughout the US and now the world Jonathan just returned from his 2 week trip … Read more

049 | Alan Donegan & The Escape Artist | The Aggregation of Marginal Gains

049.Alan Donegan and the Escape Artist

In today’s podcast we discuss The UK Path to FI with Barney of The Escape Artist and Alan Donegan of PopUp Business School, plus much more in the way of life optimization hacks from both Alan and Barney.  In Today’s Podcast we cover: An interview with Barney from The Escape Artist and Alan Donegan from PopUp Business School Voicemail from Sarah from the UK with questions about reaching FI outside … Read more

048R | The Roadmap to FI

048R The Roadmap to FI

In this podcast we recap Episode 48 with Jeff from The Happy Philosopher plus a life hack update from Brad and a question on how to present the FI concept to others. In Today’s Podcast we cover: Recap of Episode 48 with Jeff from The Happy Philosopher Jonathan and Brad’s recap of the Fincon conference How Brad and Jonathan brainstormed the future of ChooseFI at Fincon How the FI community … Read more

048 | The Happy Philosopher | The Happiest Man in the Room

048.The Happiest Man in the Room

In this podcast we discussion the pursuit of happiness with Jeff from The Happy Philosopher including how he reached a burn out point in his job as a radiologist and how his focus on happiness helped him find a path forward. In Today’s Podcast we cover: A discussion with Jeff from The Happy Philosopher An introduction to Jeff’s background story Jeff found himself burned out about four years into his … Read more

047R |The Rule of 72

047R The Rule of 72

In today’s podcast we recap Episode 47 with Bryce and Kristy from Millennial Revolution including talk of home ownership and world travel, but a reader case study and voicemail. In Today’s Podcast we cover: A recap of our main takeaways from Episode 47 with Kristy and Bryce from Millennial Revolution How Brad explained the concept of compound interest to his daughter Anna and it was a lightbulb moment How Brad’s … Read more

047 | The Cult of Home Ownership & Crushing Geoarbitrage | Millennial Revolution

047.Millennial Revolution

Today we have Kristy and Bryce from Millennial Revolution on the podcast to discuss home ownership, international geographic arbitrage and much more… In Today’s Podcast we cover: A discussion with Kristy and Bryce from Millennial Revolution They initially were contemplating buying a house and were shocked by the process This is what led them to finding the Financial Independence community Home ownership seemed like a “cult” to them What did … Read more

046R | Selectively Hardcore

046R Selectively Hardcore

In today’s podcast we discuss our takeaways from Episode 46 with Ms. ONL from Our Next Life plus community feedback and voicemails and a discussion of travel rewards. In Today’s Podcast we cover: A recap of Episode 46 with Tanja from Our Next Life Brad and Jonathan are on their way to Fincon – the annual financial bloggers conference Jonathan’s upcoming trip to South Africa with his family using travel … Read more

046 | Our Next Life | The Reveal | Are you Ready for Early Retirement?

Our Next Life | The Reveal | Are You Ready for Early Retirement

In today’s podcast we have a wide-ranging conversation with Ms. ONL from Our Next Life on her decision to stop being anonymous on the blog to what their journey looked like to FI plus what they expect life to be like after FI and much more. In Today’s Podcast we cover: A financial independence discussion with Ms. ONL from Our Next Life The big reveal: Their names are Tanja and … Read more

045R | The Journal

045R The Journal

In this podcast we discuss our takeaways from Episode 45 with JD Roth of Get Rich Slowly, including the big news that he just purchased GRS back, as well as our frugal wins of the week and the elegance of simplicity. In Today’s Podcast we cover: A review of Episode 45 with JD Roth from Get Rich Slowly and Money Boss Jonathan’s frugal win of the week on purchasing a … Read more

045 | JD Roth | Get Rich Slowly | Breaking News | Full Circle

045.Get Rich Slowly

Today we discuss JD Roth’s backstory behind his financial journey, Get Rich Slowly and Money Boss, plus JD’s philosophy AND a very special announcement… In Today’s Podcast we cover: A discussion with JD Roth from Money Boss and Get Rich Slowly How JD impacted Brad’s life and put him on the trajectory to becoming a travel rewards expert JD’s backstory and how he found the personal finance community JD started … Read more

044R | The One Way Ticket

044R - The One Way Ticket

Today we discuss our takeaways from Episode 44 with Brandon Pearce from Pearce on Earth plus feedback from the community and our thoughts on international travel with our families. In Today’s Podcast we cover: A discussion of Episode 44 with Brandon Pearce from Pearce on Earth Jonathan’s frugal win of the week by having a potluck dinner and a movie in the backyard for his friends and neighbors Jonathan is … Read more

044 | Brandon Pearce | Into the Wind

Into The Wind

Today we discuss how Brandon Pearce went from a call center job to being a full time entrepreneur, traveling the world with his wife and children and how he started the Family Adventure Summit. In Today’s Podcast we cover: Episode 44 with Brandon Pearce, who was recommended to us by Andrew from the ChooseFI community Discussion of geo arbitrage, starting your own business and designing your future all wrapped up … Read more

043R | Mega Backdoor Roth | Should I Ever Consider Using the Roth?

Mega Backdoor Roth

In this podcast we discuss our takeaways from Episode 43 with Fritz from the Retirement Manifesto plus an in-depth discussion of the Roth IRA conversion and Mega Backdoor Roth, and taxable income scenarios for retirement contributions.  In Today’s Podcast we cover: Our big takeaways from Episode 43 with Fritz from Retirement Manifesto Brad as a ‘Mystery Reader’ for his daughter’s class plus their trip to Natural Bridge State Park and … Read more

043 | Drawdown Strategy | The Retirement Manifesto

In this podcast we have a far-ranging conversation with Fritz from the Retirement Manifesto about retirement drawdown strategies, his ‘buckets’ system, and his upcoming retirement. In Today’s Podcast we cover: Retirement drawdown strategies with Fritz from Retirement Manifesto How Fritz focuses on what life is about after retirement such as how you’re going to spend your time Fritz is 9 months away from retirement himself A background on his story … Read more

042R | Perfect Utilization

042R -Perfect Utilization

In today’s Friday Roundup we discuss Episode 42 with JW from The Green Swan, plus various discussions about community and feedback from the audience. In Today’s Podcast we cover: A discussion of Episode 42 with JW from The Green Swan Scott Rieckens and his crew from the documentary Playing With FIRE were in Richmond this week filming our podcast, lives and a Richmond FI get together The importance of community … Read more

042 | The Green Swan | Why Start a Business, When You Can Buy One?

042.The Green Swan

In Episode 42 we have a wide ranging discussion with JW from The Green Swan about his FI path, going into business with family, buying an existing business and much more. In Today’s Podcast we cover: A discussion with JW from The Green Swan about financial independence and busing buying and ownership How JW got involved in the FIRE community A discussion of life insurance and how much someone in … Read more

041R | Extreme Ownership

041R -Extreme Ownership

In this Friday Roundup we discuss Episode 41 with Paige and Sam on extreme frugality, radical insourcing and the high cost of living path to FI plus a voicemail from Big Ern and members of our community. In Today’s Podcast we cover: The discussion of Episode 41 with Paige and Sam about reaching early retirement through extreme frugality and radical insourcing in a high cost of living city like Los … Read more

041 | The High Cost of Living Path to FI

041.The High Cost of Living path to FI

In today’s podcast we discuss the High Cost of Living Path to FI with ChooseFI community members Paige and Sam who live in Los Angeles and have been pursuing FI in a HCOL with sub-$50,000 per year jobs. In Today’s Podcast we cover: Episode 41: A conversation with Paige and Sam about pursuing Financial Independence in a high cost of living area on a lower income Paige pushed back on … Read more

040R | The Power of the Reset Button

040R The Power of the Reset Button

In today’s Friday Roundup we discuss our takeaways from Episode 40 with Noah and Becky from Money Metagame, plus voicemails from the ChooseFI community and our in-house expert Keith from the Wealthy Accountant. In Today’s Podcast we cover: Discussion of Episode 40 with Noah and Becky from Money Metagame about the Gap Year Jonathan took action and followed Geoff’s advice to start culling his closet and decluttering his life Jonathan … Read more

040 | Take a Gap Year | Money Metagame

040.The Gap Year. Money Metagame

Today we have Noah and Becky from Money Metagame on the podcast to discuss their story, their upcoming ‘Gap Year’ of travel plus an incredible college hack they used to get full-tuition scholarships. In Today’s Podcast we cover: A discussion with Noah and Becky from Money Metagame Noah and Becky’s history behind their path to FI Travel Rewards was what initially got them into the world of Financial Independence How … Read more

039R | Cruise Control

Friday Roundup 039R -Cruise Control

In today’s podcast we discuss Episode 39 with Gwen from Fiery Millennials, plus a ‘Cruise Control Path to FI’ case study example and voicemails from our community members. In Today’s Podcast we cover: The Friday Roundup after Episode 39 with Gwen from Fiery Millennials A whole new FI world for Brad and Laura after their youngest daughter went to kindergarten They have the opportunity to live more of a FI … Read more

039 | Millennial path to FI | Fiery Millennial

039.The Millennial Path to FI

In today’s podcast we have a conversation with Gwen from Fiery Millennials about her millennial path to FI plus some hacks that she used to save on college and increase her savings rate. In Today’s Podcast we cover: Our guest on Episode 39 is Gwen from Fiery Millennials Was Gwen from the generation that grew up with electronics from day 1? A background on Gwen’s story saving money when she … Read more

038R | Firewalker

038R | Firewalker

In today’s podcast we discuss Episode 38 The Why of FI plus we announce three of the finalists for the business building competition with Alan Donegan of PopUp Business School and a voicemail from community member Geoff. In Today’s Podcast we cover: Discussion of Episode 38 on the Why of FI Jonathan’s Frugal Win of the Week at Costco by saving on protein bars Jonathan’s nutrition goals and the underlying … Read more

038 | The Why of FI

038 - The Why of FI

In today’s podcast we discuss one of our most important topics: The Why of FI. Why we pursue this path, why we think it’s a life ‘superpower’ and how it can help you escape the hamster wheel of life decades earlier than most people could ever dream. Not a good time for a podcast? You can read the article inspired by this episode here. In Today’s Podcast we cover: Discussion … Read more

037R | The Friday Roundup

037.Slow Travel

Today we discuss Episode 37 with Scott Rieckens, the filmmaker behind the FI documentary Playing with FIRE, plus emails and voicemails from the community and a discussion of reaching FI in a high cost of living area. In Today’s Podcast we cover: Discussion of Episode 37 with Scott Rieckens, the documentary filmmaker behind the upcoming FI documentary called Playing With FIRE The great American Eclipse and our viewing Brad’s vacation … Read more

037 | Playing With FIRE | Documentary | Scott Rieckens

PlayingwithFIRE.cp

In today’s podcast we speak with Scott Rieckens, the creative force behind the upcoming FI documentary called ‘Playing With Fire’ and we learn about his FI journey and this exciting project. In Today’s Podcast we cover: A discussion with Scott Rieckens, the creative force behind the upcoming FI documentary ‘Playing With Fire’ we’ve discussed on previous episodes Scott is devoting the next year of his life to create this documentary … Read more

036R | The Friday Roundup

Friday Roundup 036R

In today’s podcast we discuss the power of community and future meetups and events for the FI community, plus voicemails from the ChooseFI community and frugal wins of the week. In Today’s Podcast we cover: Discussion of the community aspect of Episode 36 with JL Collins There is a yearning and desire for community meetups with other members of the Financial Independence community The spread of these community meetups and … Read more

036 | Community, Chatauqua & AMA with JL Collins

036.Community Chatauqua

In today’s podcast with Jim Collins from The Simple Path to Wealth and JL Collins NH, we discuss the Chautauquas, in-person events plus an ‘Ask Me Anything’ series of questions from our ChooseFI community. In Today’s Podcast we cover: Part 3 with JL Collins from JLCollinsNH, the Simple Path to Wealth and Stock Series fame Jim’s discussion of Alan from PopUp Business School and how the UK Chautauqua came to … Read more

035R | The 4% Rule | Friday Roundup

Friday Roundup 035R

In today’s podcast we discuss our takeaways from Episode 35 with Big Ern from Early Retirement Now, plus paying off mortgages and student loans early and frugal wins of the week from the community. In Today’s Podcast we cover: The Friday Roundup after Episode 35 with Big Ern from Early Retirement Now This episode was long awaited, but was necessary to wait for until we provided the background of FI … Read more

035 | Sequence of Return Risk | Early Retirement Now

035.Sequence of Return Risk

In today’s conversation with Big Ern from Early Retirement Now we discuss safe withdrawal rates, sequence of returns risk and much more. In Today’s Podcast we cover: A wide ranging discussion with Big ERN from Early Retirement Now on sequence of return risk and safe withdrawal rates This is Big Ern’s first podcast! And a thank you to him for helping with Paul’s case study Ern’s thoughts on social security … Read more

034R | What’s Your Risk Tolerance | The Friday Roundup

034R | Risk Tolerance & Asset Allocation

In today’s podcast we discuss our thoughts on Part 2 of the Stock Series conversation with JL Collins, risk tolerance, doomsday scenarios and rebalancing. In Today’s Podcast we cover: The Friday Roundup and the episode Part 2 of our discussion with JL Collins from The Simple Path to Wealth and JLCollinsNH What do you do when there’s a large crash in the stock market? Big takeaway from Jim’s episode You … Read more