Negotiate Your Salary One of the enduring lessons from our podcast is this: “Everything is negotiable.” I was reminded of this essential lesson by the Financial Mechanic, who I just recorded an episode with that will come out in early September. She gives us an update on her ‘7 Negotiation Tips and Scripts’ for salary …
I Bonds: Best Time to Sell? Sean Mullaney and I discussed ‘I Bonds’ on Episode 447 and just after we published that episode I came across this short, but amazingly thorough article from the Doctor of Credit website called ‘When to Sell off Our I Bonds’ thanks to a post in our ChooseFI Facebook group. …
Continue reading “August 8, 2023: When to Sell I Bonds, Cap Gains Tax 101, Nature in 20 Minutes”
Roundup is Back! Fun news: we brought back the “roundup” podcast episodes with yesterday’s release of “Episode 448: July Roundup!” Ginger, my cohost on the episode, and longtime community member, loved the roundups that Jonathan and I did in the early years of the show and thought they provided a way to further cement the …
Continue reading “August 1, 2023: Roundup is Back, Local Group Case Studies, Half FI = 75% FI?”
Chad Carson’s Real Estate ‘Buy Box’ Chad Carson joined us last week on Episode 446 of ChooseFI to talk about his ‘Small and Mighty’ framework for real estate investing and it was so invigorating to see a successful real estate investor understand what enough means, instead of constantly striving for more. The episode is fantastic, so if …
FI Community’s Money Rules In last week’s newsletter I linked to a Ramit Sethi post about his ten ‘Money Rules’ and then asked you to respond with some of your money rules. Here are some of the amazing responses you sent in (this is a longer newsletter today because I wanted to include so many …
Continue reading “July 18, 2023: FI Community’s Money Rules, What I’m Reading & Watching”
Your Personal Money Rules If you haven’t listened to Episode 444 of ChooseFI with Doug Cunnington and Carl Jensen on ‘Spending for Happiness’ that came out last week, I think it was one of our best and most important episodes. We’re already talking about doing round 2 soon! We talked about Ramit Sethi’s “Money Rules” and I …
Continue reading “July 11, 2023: Personal Money Rules, Emergency Binder, Art of Stillness”
Financial Independence Celebration On this July 4th – Independence Day here in the US — I want to celebrate you and your pursuit of Financial Independence. Even though we number in the millions worldwide, we are still a relatively small and surprisingly misunderstood community. There is this caricature that we are misers and not enjoying life and …
ChooseFI AI: Search the Podcast I am incredibly excited that ChooseFI was one of a select group of ~10 podcasts chosen to be included in AI company Dexa’s initial launch and it just went live! Head over to Dexa.ai/Choosefi and you can check out this functionality that I have long dreamed of for our show: All 600+ …
Tax Notices: Penalty Removal Request It’s the time of year where the IRS and state tax agencies send out tax notices for additional tax due, underpayment of estimated payments, etc. There are usually 3 components of the amount due on a tax notice: Tax liability, interest, penalty. A tip that I’ve passed along on the podcast …
A Year’s Worth of Wins We call ChooseFI the ‘ultimate crowdsourced personal finance show’ for a reason: You, the community, continue to send in remarkable details of the actions you’re taking to transform your lives. Seeing these wins further emboldens other members of the community to take action and it’s a positive feedback loop. Here’s …
Continue reading “June 13, 2023: A Year of Wins, Get Involved with ChooseFI, 7 Simple Money Rules”
Is the 4% Rule too Conservative for FI? Two former guests on our podcast, Brandon the ‘Mad Fientist’ and Nick Maggiulli, teamed up to produce a wonderful article on Brandon’s site called, “The Problem with the 4% Rule (and Why You Could Retire Even Sooner).” These are two smart, data driven individuals, and they didn’t …
9 Basics of The Simple Path to Wealth I wanted to pass along two wonderful pieces of foundational content from two close friends of ChooseFI. We’ll start with JL Collins, and for this we’ll go back to one of his most important posts, “How I Failed My Daughter and a Simple Path to Wealth.” Here …
Our community helps people discover and accelerate their path to Financial Independence with the goal of earning more, spending less, and enjoying the journey.