Parenting On FIRE: How Financial Independence Has Changed My Family

Parenting On FIRE How Financial Independence Has Changed My Family

My perspective on parenting changed due to my pursuit of FI. My dreams for my children are vastly different today because of my own journey towards financial independence. Their futures will look different now that FI is a part of our everyday life. I could never have imagined the depths of FI’s impact. So, how exactly have their lives changed due to this FI journey? Outside of the obvious financial legacy … Read more

ChooseFI’s Favorite Side Hustles

choosefis-favorite-side-hustles

No matter how hard you try, you can only save so much by cutting back your expenses. While living a frugal lifestyle will go a long way to help boost your savings rate, there is another option that could result in a drastic increase in your savings rate. Technically you don’t have a limit to the amount of income you can earn. While you may be limited to earning a … Read more

Side Hustle Series: Freelance Writing

Side Hustle Series: Freelance Writing

Side hustles are a great way to earn some extra cash and help you speed up your path to financial independence (FI). To get you started, here’s a list of great side hustle ideas! In addition, we wanted to feature some particular side hustle stories to inspire you to earn some extra cash. Today, we’re delving into the freelance writing side hustle. This side hustle is particularly popular among bloggers, but … Read more

Books To Kick Start Your Side Hustle

Books To Kick Start Your Side Hustle

Side hustling truly is FI’s secret weapon. Working your day job can help build security into your life, and of course–perks like health insurance, a 401k match and a reliable paycheck. As great as that security is, it can be deflating to realize you may be locked into a pay grade for some time, and you won’t be able to grow your income as fast as you’d like. Side hustling … Read more

Financial Independence And The Future Of Work

Financial Independence And The Future Of Work

Getting ready for changes on how you produce income I recently listened to a thought-provoking podcast interview from McKinsey Consulting about the future of work. It was based on a recent report on the projected impact of automation on the nature of work by the year 2030. Further digging revealed a very interesting global discussion that is now underway on what work may look like in the coming decades. I … Read more

Why A Side Hustle Is FI’s Secret Weapon

Secret Weapon

There is magic in the side hustle. If you’re on the path to FI like most of us are, and you’re not already making six figures with three rental properties already under your belt, side hustling can be a lever to FI you’ll want to pull. Honestly, there’s only so much you can do to cut costs, even with awesome ways to cut recurring expenses like house hacking and going … Read more

SiteGround Review–Web Hosting Made Easy

SiteGround Review--Web Hosting Made Easy

So you want to create a website so you can get your side hustle going. Here at ChooseFI, we highly recommend a self-hosted WordPress site. To do this, you will need a domain and a host. While there are many hosting services available, we recommend SiteGround as they can meet your needs with just about everything related to your website. At first glance When I started researching SiteGround, I was … Read more

Passion To Profit: A Journey In Self-Publishing

Passion to Profit

Decisions to be made There are many people who have been able to successfully ‘game’ the self-publishing world to reach a #1 best seller in a given category in a matter of days. I was never in this for the quick wins. My dream is to be the next Margaret Atwood, or the next Stephen King, or, perhaps more appropriately, the first MK Williams. I wanted to take the stories … Read more

How To Start A Blog

How To Start A Blog

It’s not an exaggeration to say that starting a blog changed the entire trajectory of my life. And many of you have expressed interest in exploring this as a hobby or maybe even as a side hustle. So with that in mind if you’re looking to start a blog, here is a step-by-step guide you can follow to get started today. You can have a blog up and running in … Read more

How And Why To Start A Career In The Trades

How and why to start a career in the trades

Upon reading the title of this post, you’re probably wondering: Why would I want to work in the trades? Well, for me, I knew I needed to do something physical. I like to move, and sitting behind a desk all day holds negative appeal for me. Why would you want to learn a skilled trade? There are many benefits to working in a skilled trade: Hands-on trade work isn’t capable … 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

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

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

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

Welcome to the Fishbowl: FI Experiments for 2017

welcome-to-the-fishbowl

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