Favorite Board Games Last month in the newsletter, I wrote out my case for the significant benefits of board games to make you a better decision-maker & negotiator, plus how they help you focus on both long-term and probabilistic thinking. In short, I think board games are one of the best tools to upgrade your mental skillset …
Category Archives: FI Weekly
FI Weekly – September 21, 2021
4 Years of Consistent Action Jen wrote in last week with an email detailing consistent action taken over the last 4+ years of listening to ChooseFI and I wanted to copy it here verbatim: “Long time listener from episode 1, but first-time contributor. Our family has made countless 1% better moves over the past 4 …
FI Weekly – September 14, 2021
Speculation or Investment? My good friend Chris Hutchins had Andy Rachleff, the co-founder of Wealthfront, on his podcast All the Hacks recently and it was a truly phenomenal episode. You’ll likely see some more quotes from this episode in coming editions of the FI Weekly, but I wanted to start with Andy’s succinct distinction between a speculation …
FI Weekly – September 7, 2021
Is Your Home Your ‘Biggest Investment?’ I purposely stirred up a hornet’s nest yesterday on Twitter (I’m posting there daily and if you like this newsletter, I think you’ll like my quick-hit takes on Twitter) with the following tweet: “My home is my biggest investment,” said no wealthy person ever. If the home you live in …
FI Weekly – August 31, 2021
Worthwhile Splurges We’re finishing up our vacation and I’ve been thinking a lot about worthwhile splurges. We so often focus on cutting costs in the FI Community, but I want you to consider what might be worth a premium to make an experience (or your life) better. Our example: Precise location on vacation is worth its …
FI Weekly – August 24, 2021
Benefits of Board Games It’s no secret that my family loves to play board games. We talk about board games frequently on the podcast, but thought I’d bring it to the FI Weekly in a little more depth. Simply put, board games have made us a better family. They’ve led to hundreds of hours of family …
FI Weekly – August 17, 2021
Saving Time on Vacation We’re on vacation right now and one of the biggest frustrations is how much focus goes into what we’re going to do each day for meals. The time and energy that goes into finding restaurants, or going to a grocery store, shopping, cooking, etc. is ridiculous. The entire vacation ends up …
FI Weekly – August 10, 2021
The Power of Incentives Incentives are one of the most important factors driving human behavior and Charlie Munger speaks eloquently on what he calls the “superpower of incentives” in these short quotes: “Show me the incentive, and I’ll show you the outcome.” “Never, ever, think about something else when you should be thinking about the …
FI Weekly – August 3, 2021
What I’m Beyond Excited About A few months ago, I wrote about a deep dive I was taking into the new world of NFTs. It came with a promise that I’d keep you updated because I think this technology will change the way we live nearly on the level of going from no internet to internet. This is …
FI Weekly – July 27, 2021
Taking Action Sometimes I get an email that is just so amazing it has to be included verbatim in the FI Weekly. Tyler wrote in with the progress they’ve made in the 53 weeks since finding ChooseFI: “This week we made an offer on our first rental property and the offer was accepted! 53 weeks ago, …
FI Weekly – July 20, 2021
The Essence of FI Part 2 Last week I included a section called the ‘Essence of FI’ and after some reflection, I wanted to add a Part 2: Part of the Essence of FI is how much you love your future self, and how much you value that future self. It’s easy to merely live …
FI Weekly – July 13, 2021
The Essence of FI I was listening to the All The Hacks podcast episode with Morgan Housel and the following quote from jumped out to me as the essence of the financial aspect of FI: “I’ll leave you with one financial hack that might disappoint you, but it’s the only hack that works and it works incredibly …
