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

034 | The Stock Series Part 2 | JL Collins

034.The Stock Series Part 2

This podcast is Part 2 of the Stock Series discussion with JL Collins, author of The Simple Path to Wealth and the website JLCollinsNH; we discuss the Great Depression and the mindset you need to be a successful long-term investor, plus how to allocate between equities and bonds. In Today’s Podcast we cover: Part 2 of the Stock Series conversation with Jim Collins If you have not yet listened to … Read more

033R | The Friday Roundup

Friday Roundup 033R

In today’s Friday Roundup we go in-depth on Episode 33 with Dominick Quartuccio including thoughts on self-improvement, meditation and a challenge from Brad. Frugal wins of the week plus three voicemails from the community. In Today’s Podcast we cover: Unpacking Episode 33 with Dominick Quartuccio and our takeaways from the episode Intentionality allows you to purchase your freedom, and we want to expand that intentionality beyond just personal finance Our … Read more

033 | Design Your Future | Dominick Quartuccio

033 Design your Future Dominick Quartuccio

In today’s podcast we speak with Dominick Quartuccio from DominickQ.com and the author of the book Design Your Life about disrupting your behaviors and ‘creating a future you can’t wait to live into.’ In Today’s Podcast we cover: Our guest is Dominick Quartuccio the author of Design Your Future who is here to talk about ‘designing a future you can’t wait to live into’ This is a very personal episode … Read more

032R | The Friday Roundup

In today’s Friday Roundup we discuss Episode 32 with Joel from FI 180 on the ‘Milestones of FI’, plus a life hack voicemail from Noah and Frugal Wins of the Week from our Facebook community. In Today’s Podcast we cover: The Friday Roundup after the Milestones of FI episode with Joel from FI 180 We’re having a FI get together in Richmond and hope to expand beyond Richmond The gamification … Read more

032 | The Milestones of FI

032.The Milestones of FI

In today’s podcast we discuss the Milestones of FI with Joel from FI 180; this is a new look at the path to FI and the milestones along the way. In Today’s Podcast we cover: The ‘Milestones of FI’ with Joel from FI 180 We welcome Joel as our first repeat guest on Choose FI The Milestones of FI as a ‘master’s degree’ journey after Dave Ramsey’s baby steps Joel … Read more

031R | The Friday Roundup

031R - The Friday Roundup

In today’s Friday Roundup we discuss travel rewards, flipping holidays upside down, buying presents, the upcoming FI Documentary and much more. In Today’s Podcast we cover: Submit your applications for the contest to win a one-on-one business coaching relationship with Alan Donegan from PopUp Business School Brad’s slow travel vacation through New York State this August How we’ll publish episodes while on vacation and living a FI lifestyle Discussion of … Read more

031 | Travel Rewards What Comes After Chase | Travel to Disney World for Free

Free Disney Vacations & Disney Credit Card

Learn how to Travel to Disney for Free. If you focus on these Disney Credit Cards you can put together the family vacation of a lifetime and save upwards of $4000 on travel.   This episode highlights which cards to work on after  you’ve finished with the Chase credit cards plus whether you should focus on one trip or a general strategy. In Today’s Podcast we cover: Part 2 of the travel rewards … Read more

030R | The Side Hustle “Unpacked” | Friday Roundup

030R - Unpacking the Side Hustle

In today’s podcast we have the biggest announcement in the history of ChooseFI thanks to Alan from PopUp Business School, so be sure to listen and get your responses in ASAP. In Today’s Podcast we cover: The Friday Roundup after Episode 30 with Alan Donegan of PopUp Business School Brad’s thoughts on not doing what everyone else is doing: July 4th, Valentine’s Day, Mother’s Day, etc. Jonathan’s wife loved the … Read more

030 | The Side Hustle | The Unspoken Lever of FI

030.The Side Hustle

The most commonly glossed over topic in the FI community | We Bring Alan Donegan on to talk about how a Side Hustle can be a powerful lever to help you reach FI In Today’s Podcast we cover: How Alan Donegan of PopUp Business School has turned starting businesses on its head similar to how FI has turned personal finance on its head and caused us to think differently How … Read more

029R | The Friday Roundup

Friday Roundup 029R

In today’s Friday Roundup we discuss our key takeaways from Episode 29: The Reluctant Frugalist vs. the Aspiring Minimalist, plus feedback from the audience as well as two of our in-house experts. In Today’s Podcast we cover: Friday Roundup after Episode 29 where we discussed the Reluctant Frugalist mindset versus the aspiring minimalist How Jonathan used travel rewards points to book two round-trip flights to South Africa to visit his … Read more

029 | The Aspiring Minimalist vs the Reluctant Frugalist

In today’s podcast we go through a discussion of the mindset differences between a ‘reluctant frugalist’ like Jonathan and an aspiring minimalist like Brad. In Today’s Podcast we cover: The reluctant frugalist (Jonathan) vs. the mindset of the aspiring minimalist (Brad) How both these mindsets are valid and strong approaches to the concept of Financial Independence How do you talk to your spouse or significant other about financial independence? Voicemail … Read more

028R | The Friday Roundup

Friday Roundup 028R

In today’s Friday Roundup we discuss tax-deferred accounts, the Roth IRA conversion ladder, frugal wins of the week, an ‘expert answer’ from the Millionaire Educator as well as the Hot Seat with community member Chad! In Today’s Podcast we cover: The Friday Roundup after Episode 28 where we discussed the order of operations for savings as well as the available ‘buckets’ Brad’s discussion of his new health targets: CrossFit and … Read more

028 | Order of Operations | The Buckets | The Roth IRA

028.Order of Operations.The Roth IRA

In today’s podcast we discuss the four different “buckets” available to savers plus an in-depth look at the Roth IRA and the ‘Backdoor Roth.’ In Today’s Podcast we cover: The order of operations for how you should approach the different “buckets” available to you both for retirement accounts and for your taxable savings Four basic ways for your retirement and investment funds to be taxed Best case is an account … Read more

027R | The Friday Roundup | Debunking the Value of the Mortgage Deduction

Friday Roundup 027R

In today’s podcast we highlight our takeaways from Episode 27 with Jay from Slowly Sipping Coffee, plus we discuss the ‘Mount Rushmore’ of FI and help debunk a lot of the misinformation surrounding the value of the mortgage interest deduction. In Today’s Podcast we cover: The Friday Roundup bringing in many aspects of our audience and community plus our thoughts on the Episode 27 with Jay from Slowly Sipping Coffee … Read more

027 | Slowly Sipping Coffee | FI vs Risk Tolerance

027.Slowly Sipping Coffee

Today we welcome Jay from Slowly Sipping Coffee to the podcast to talk about his reluctant path to FI, the amazing Mrs. SSC and a Fully Funded Lifestyle Change. In Today’s Podcast we cover: Our interview with Jay from Slowly Sipping Coffee How they came up with the name of their blog and how they’d enjoy ‘slowly sipping coffee’ in a more relaxed and free Friday morning The origin story of … Read more

026R | The Friday Roundup | Paul Case Study – Part 5 | Final

Friday Roundup 026R

In today’s podcast we discuss our takeaways from Episode 26 with Physician on FIRE plus some exciting developments in the Financial Independence world as well as feedback, questions and comments from the ChooseFI community. In Today’s Podcast we cover: The Friday Roundup after the Physician on FIRE interview from Episode 26 Information for the high income professionals and how it’s important to give details for that aspect of our audience … Read more

026 | Physician on FIRE | FI for Medical Professionals | Financial Freedom vs Financial Independence

026. Physician on FIRE

Today we welcome the Physician on FIRE to the podcast to talk about his path to FI as well as tips and hacks for other high income and medical professionals to get on the path to Financial Independence. In Today’s Podcast we cover: Our guest on the show today is Physician on Fire, who is here to tell us his story as well as some Financial Independence hacks for doctors … Read more

025R | Friday Roundup | Paul Case Study Part 4

Friday Roundup 025R

In today’s Friday Roundup we discuss Episode 25 with Keith from the Wealthy Accountant, Part 4 of the case study with Paul including a look at his line-by-line expenses, plus questions and feedback from the audience. In Today’s Podcast we cover: Friday Roundup after Episode 25 with Keith from The Wealthy Accountant The firehose of information that Keith unleashed was incredible! Feedback from the audience about Keith’s episode The value … Read more

025 | The Wealthy Accountant

Keith from The Wealthy Accountant makes an appearance on the show to discuss tax optimization for individuals and small businesses with plenty of tax tips for your FI tool chest. In Today’s Podcast we cover: Keith from the Wealthy Accountant presents his tax optimization strategies for individuals and small business owners Keith is the most knowledgeable accountant we have ever met. We met him in Florida at Camp Mustache and … Read more

024R | The Friday Roundup | How to Hack Your ESPP

In today’s Friday Roundup we discuss Episode 24 with Joel and Alexis from FI180 as well as some expert voicemails from Chad Carson about real estate plus Ken talking about ESPP options. In Today’s Podcast we cover: Friday Roundup after Episode 24 with Joel and Alexis from FI 180 Camp Mustache tickets for January 2018 are available for sale, so come and join us! The letter Joel wrote to his … Read more

024 | FI180 | Make a U-Turn and Choose FI

024.FI180

Today we have Joel and Alexis from FI180.com on the podcast.  They changed their financial lives dramatically, going from spending over $100,000 per year to having an 85% savings rate and on the path to FI in just a few short years. In Today’s Podcast we cover: Joel and Alexis from FI180.com tell their story of how they went from spending over $100,000 per year to having an 85% savings … Read more

023R | Friday Roundup | Paul Case Study Part 3

Big ERN Debut

In today’s Friday Roundup we discuss career hacking with ESI Money, Big ERN’s analysis of Paul’s case study, plus hear our answers to an interesting question posed by audience member Jason about the value of frugality. In Today’s Podcast we cover: Friday Roundup after Episode 23 with ESI from ESI Money Looking at compound interest on the earnings side of a career instead of just on the savings side ESI … Read more

023 | Career Hacking with ESI Money

023.CAREER HACKINGP.S. If you have time to leave a review for the podcast it would be a BIG help to us -) http---www.choosefi.com-itunes

ESI from ESI Money is on the podcast today talking about Career Hacking and how you can set yourself up to earn millions more over a working career with seven simple steps. In Today’s Podcast We Cover: ESI from ESIMoney.com is here to discuss ways you can increase your earnings through Career Hacking ESI retired at 52 and reaching “financial independence” in his early 40s. He lives in Colorado, which … Read more

022R | Friday Roundup | Huge Announcement

Friday Roundup 022R

In today’s Friday Roundup we discuss the True Cost of Car Ownership, how to maximize your travel rewards points plus a big announcement on a new in-house ‘expert’ for ChooseFI! In Today’s Podcast we cover: Episode review of our podcast Episode 22 on The True Cost of Car Ownership Your best-case scenario is buying a 5 to 10 year old gas sipping car Even a low cost car is going … Read more

022 | The True Cost of Car Ownership

022 - The True Cost of Car Ownership

Do you know what your car is actually costing you each year? What about over an investing lifetime? In this episode of the ChooseFI Radio Podcast we cover the True Cost of Car Ownership and you’ll be absolutely amazed at the numbers. In Today’s Podcast we cover: ChooseFI: The Ultimate Guide to the True Cost of Car Ownership Your car payment is a terrible way to spend your hard earned … Read more

021R | Our First Ever Crowd-Sourced Case Study | Paul

Friday Roundup 021R

In today’s episode of the Friday Roundup we review our discussion of the Pillars of Financial Independence, take questions and comments from the community and go in-depth on Paul’s live case study. In Today’s Podcast we cover: Review of Episode 21, the Pillars of Financial Independence What areas of financial independence did we leave out of the episode? Might have under-discussed savings rate as a pillar of FI Choose FI … Read more

021 | The Pillars of FI

021 - The Pillars of FI

In this episode of the Choose FI Radio Podcast we focus on the essential Pillars of Financial Independence including index investing, affordable housing, the psychology of FI, tax optimization and more. Not a good time for a podcast? You can read the article inspired by this episode here. In Today’s Podcast we cover: ChooseFI Episode 21: The Pillars of Financial Independence While we intend to focus on the roughly 10 … Read more

020R | The Friday Roundup | Introducing our First CrowdSourced Case Study & FI plan

In today’s Friday Roundup we introduce our first crowd sourced case study from a listener and we have a challenge to you:  Implement one life hack this week that will make your life easier and less stressful and send it to us at [email protected] (or leave a voicemail on our homepage!) and we’ll read it on next week’s Friday roundup. In Today’s Podcast we cover: Our first Friday roundup after … Read more

020 | Entry Level Middle Class Lifestyle | Intro to Insurance

020-Entry Level Middle Class

The Entry Level Middle Class Lifestyle is a tool that you can use to supercharge your path to FI. Jonathan and Brad go through their expenses one line item at a time. Then they start the conversation about a FI approach to insurance, with an emphasis on life insurance In Today’s Podcast we cover: What Jonathan and Brad’s lifestyle and budget look like. We go in-depth into our actual spending … Read more

019R | Index Investing | How to buy VTSAX

VTSAX

In our Friday roundup Jonathan and Brad discuss the highlights and takeaways from the Monday episode with JL Collins. Then the podcast is opened up and crowd sourced to the community. Find out the specific travel reward perks that are available for active duty military and how to get started with VTSAX if you don’t have $10,000 to invest Review of podcast with Jim Collins Jonathan’s baby was born! And … Read more

019 | JL Collins from jlcollinsnh | The Stock Series | Part 1

JL Collins The stock series

In Today’s Podcast JL collins from jlcollinsnh joins Jonathan & Brad on the podcast to bring the Stock Series to life. The Power of Index Investing is one of life’s greatest secrets & JL Collins is the ultimate travel guide. This multi part series turns the stock series into an interactive audio companion and this first part is sure to compel you to stick around for each additional entry The … Read more

018R | Capital Gains Harvesting | Never Pay Taxes Again

Harvest long term capital gains tax free

In Today’s Podcast we cover how to harvest long term capital gains tax free. Friday Roundup 7 Review of Monday’s episode with Jeremy from Go Curry Cracker Brad and his family just visited Washington DC for the weekend and used Chase Ultimate Rewards points to stay at the Hyatt Place National Mall Brad’s trip to Walt Disney World with his family, parents and in-laws Jonathan now understands harvesting capital gains … Read more

018 | Go Curry Cracker | Capital Gains, Losses and The Roth Conversion Ladder

Capital Gains & Losses

Introducing Capital Gains Harvesting In Today’s Podcast we cover: Our guest: Jeremey from Go Curry Cracker Jeremy and Winnie are living the geo-arbitrage life: currently in Taipei, Taiwan and then on to a four month trip to Europe They are using travel rewards points to get nearly free business class flights from Taipei to Europe. Using Alaska Airlines miles on Cathay Pacific they got nearly 20 cents per point in … Read more

017R | The Roth IRA Conversion Ladder | A Case Study

The Roth Conversion Ladder… Let’s talk about what it looks like in a real world example In Today’s Podcast we cover: This is our 23rd episode and providing a home for the FIRE community Thank you for our 50th review on Itunes (from Chad Carson!) – we plan to implement the voicemail feature on the website so we can use your input on the show Episode with Brandon from the … Read more

017 | Mad Fientist an Origin Story

Introducing the Roth Conversion Ladder In Today’s Podcast we cover: Today’s guest: Brandon from MadFientist.com and the origin story of the Mad Fientist How did the Mad Fientist website come about? He first stumbled on the Early Retirement Extreme website He thought there’d be investing strategies to get him to financial independence more quickly, but he realized index funds were the best way to go about it Then he stumbled … Read more

016R | Friends of the Library

016R _ Friends of the Library

Do you utilize the most powerful source of free knowledge and entertainment in your community? We Do!! In Today’s Podcast we cover: Friday Roundup #5 Recap of house hacking episode with Chad Carson from CoachCarson.com Real estate investing is one of the pillars of Financial Independence ‘Keep it super simple and try to do the fundamentals well’ quote by Chad Chad put in the extra effort to walk neighborhoods on … Read more

016 | House Hacking With Coach Carson

House Hacking with Coach Carson

Have you heard of House Hacking? Break the game with this powerful lever In Today’s Podcast we cover: Real estate investing and house hacking with Chad “Coach” Carson. On the path to financial independence, how much of your own budget is going towards housing? After Chad graduated college at Clemson, he got started with real estate investing in his college town. How financial independence and real estate investing have allowed … Read more

015R | The ‘Joneses’ Are Bankrupt

015R _ The Jones are Bankrupt (1)

Why are you spending so much effort keeping up with the Jone’s? They Are Bankrupt!! How much we appreciate our listeners and the feedback and comments we’re receiving Recap of guest appearance of Justin from Root of Good Justin is living a relaxing and chill life set for himself in early retirement. This is what FIRE is all about! It was only a 10 year journey for him to make … Read more

015 | Root of Good | 2nd Generation FIRE and College

2nd Generation FIRE

Let’s talk about 2nd Generation FI. What changes when you are raising kids after hitting FI yourself or on the path to FI? How do we do college smartly? In Today’s Podcast we cover: Our guest: Justin from Root of Good Justin had access to 401k and the 457 retirement plans 457 plan is an extremely valuable took for early retirement as there is no 10% early withdrawal penalty Justin’s … Read more

014R | Introducing Frugal Win Of The Week (FWOTW)

Let’s celebrate the Odometer with 100,000 miles In Today’s Podcast we cover: Highlights from the guest episode with Carl from 1500 Days Could you reach financial independence with a 10 to 15 year timeline? Jonathan’s timeline is much shorter than 10 to 15 years The mechanics of FI are easy, but we discussed the larger questions in this podcast about happiness and what life is all about It isn’t about … Read more

014 | The Phases of FI with 1500 days

1500 Days

The Phases of FI with 1500 days (Mr 1500) Our Guest: Carl from 1500 Days The Phases of Financial Independence Close-knit community at Fincon and FI generally, Its amazing how much you have in common with somebody when you share a philosophy about money What is your philosophy about money? It isn’t about money – it’s a tool to a better life The goal of his site 1500 Days to … Read more

013R | Control Your Tax Rate | Keep the Money on Your Side of the Ledger

  Let’s discuss a practical example of how to control your tax rate Highlights from the Millionaire Educator Episode The benefits for teachers and public employees: 403(b) and 457 How the Millionaire Educator controlled his tax liability down to almost $0 The benefits of keeping your expenses below $30,000 per year Jonathan “crushing” his tax bill in 2017 Bryan’s question about the “Separation of Service” clause and moving to Vanguard … Read more

013 | The Unfair (FI) Advantage of Teachers | 457b

457b-Millionaire-Educator

Millionaire Educator Shares the Secrets of the 457b Our guest: Millionaire Educator shows us how to invest your money. He shows how teachers, firefighters, police officers and public employees can leverage the power of pretax savings to supercharge their retirement , and become millionaires. Take this information to learn how to invest your money and retires decades before your peers Ed’s journey from a college basketball player to a Spanish teacher Graduate … Read more

012R | Introducing the Friday Roundup

012R _ Introducing the Friday Roundup

Introducing the Friday Roundup a crowd sourced community feedback based show Our first Friday Roundup Highlights from Frugalwoods episode Frugality is not about deprivation Freedom is the goal of financial independence Different perspectives: Brad the naturally frugal and Jonathan the ‘reluctant frugalist’ Your life is so much less stressful with money in the bank Email from Isaac: How have others responded to you being “openly FIRE” in your real life? … Read more

012 | Living Frugal Frugalwoods | Save 75% Of Your Take Home Pay

The Ultimate Guide to frugal living (ChooseFI cohost with Frugalwoods)

Living Frugal is a Powerful FI Tool Liz from Frugalwoods coaches us through the ultimate guide to frugal living The benefits of minimalism and living frugal Frugalwoods family saving 70%+ of their income Their conscious decision in March 2014 to pursue financial independence Entirely possible to pursue living frugal anywhere including large metro cities. In fact these cities may have built in advantages like transportation What is the difference between someone who saves … Read more

011 | Welcome To The Hot seat

Best Financial Independence Podcast

  Jonathan and Brad introduce a new segment called… “The Hotseat” then answer the questions ourselves Future guests and how our interviews will be different than other podcasts Introduction to the “hot seat” What’s your favorite blog that you’re currently reading? What is your favorite article of all time Favorite Life Hack Biggest financial mistake What advice would you give to your younger self? Links from the show:   Fiverr … Read more

010 | Skinny Waist, Fat Wallet (How to Lose 30 lbs in 3 months)

How to lose 30 lbs in 3 months on a budget

Why do we make weight loss and fitness so complicated and expensive? Jonathan and Brad cut through the noise and share their strategies to stay lean and fit on a budget Fitness and nutrition from a financial independence mindset Jonathan’s quest to lose 30 pounds in the 3 months leading up to his son’s birth JD Roth’s talk at the Camp Mustache event to create a personal mission statement Jonathan’s … Read more

009 | Travel Rewards: How To Travel The World For Free (The Easy Way)

The Ultimate Podcast for Travel Rewards

This is the Ultimate Guide to Travel the World for Nearly Free Why Jonathan started with travel rewards: Wife’s family in Zimbabwe: $6,000 in flights every two years What is this travel rewards strategy all about? Minimum spending requirement defined Options to meet minimum spending requirement Return on investment: instead of 1.5% rewards, you can earn upwards of 33% Impact on credit score and Brad’s personal experience Is this strategy … Read more

008 | Avoid Bank Fees at All Cost

how to avoid bank fees

  Bank Fees and fees generally are the financial equivalent of death by a thousand cuts. AVOID THEM – Here’s how Don’t piss off the accountant: Bank Fees Americans spent $32 Billion in overdraft fees in 2016 Bank accounts and credit cards should be financial tools you use for free Overdraft fees mean you have no money and the bank is loaning you money for $35 at a time If … Read more

007 | America’s Food Obsession | How to Crush Your Grocery Bill

Why you need to take a hard look at your Grocery Bill, and Restaurant Budget and how to to crush it America’s food obsession: We’re fat and broke How Brad’s family saves money on food Being smart with ingredients. Buy in season How often does Brad’s family go out to eat? Go out for lunch instead of dinner Emergency meals in extra freezer Being efficient shopping at one store. Cut … Read more

006 | The Power of Partnerships | ChooseFI Origin Story

Find a Partner and Start a Business

We share the origin story of ChooseFI. The how and why we decided to partner on this The Power of Partnerships How Brad and Jonathan met Our decision to partner up on Choose FI The importance of taking action The value of personal relationships in an online world What to look for in a partner Complementary skills and how it can help beat the learning curve How to find a … Read more

005 | Why Everyone Needs Dave Ramsey and Why You Should Ignore Him

Dave Ramsey Baby Steps ChooseFI

We discuss where ChooseFI and Dave Ramsey agree and disagree. Dave Ramsey and Jonathan’s history following him Dave’s unyielding stance on debt: don’t do it Review and evaluate Dave’s teaching philosophies Baby Step 1: Get an emergency fund of $1,000 Baby Step 2: Pay off all your debt except for your mortgage Explanation of the Debt Snowball Our hybrid approach to the Debt Snowball vs. Debt Avalanche Advice isn’t “one … 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