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February 21, 2023: FI Community Events, Book on Leadership, Calendar Audit

FI Community Events There are four FI Community events I wanted to make sure you were aware of: Important Book on Leadership I’m a lifelong soccer player and fan, and Abby Wambach is one of my all-time favorite players.  She was an inspirational leader on the field, a truly world-class player and someone who could dominate …

February 14, 2023: Secrets to a Great Retirement, Goals on an Index Card, Feroldi Newsletter

Secrets to a Great Retirement I just recorded a great episode of the podcast that’s set to come out in 3 weeks on practical drawdown strategies, and had the pleasure of recording it with Karsten (Big ERN) from Early Retirement Now and Fritz from The Retirement Manifesto. You’ve asked me for an episode on drawing …

February 7, 2023: True Cost of Car Payments, Little Moments of Joy

True Cost of Car Payments I saw a recent stat that the average car payment hit $777 per month, and I was absolutely shocked that people would willingly take on that large of a required monthly payment for something that sits idle 98% of the time! I wanted to look at the financial ramifications of …

January 31, 2023: Skill of Spending, Tax Brackets, The Real Flex

The Skill of Spending Mr. Money Mustache was recently on Episode 377 of the BiggerPockets Money podcast, and he eloquently described something in a way I had not heard before. He talked about a lot of the fun of pursuing Financial Independence as developing your “skill of spending.” I’ve always referred to this in a …

January 24, 2023: Keep Moving, Power of Consistency

Keep Moving As part of making 2023 my ‘healthiest year ever’ I am making a concerted effort to get outside and walk at least a mile every single day. While there isn’t anything magical about 10,000 steps per day necessarily, I think it’s directionally accurate in the sense that most of us simply don’t move …

January 17, 2023: Mindful FIRE Resources, Free Annual Credit Report, Fear Wasting Your Life

Mindful FIRE Resources This week’s guest (ChooseFI Episode 420), Adam Coelho was kind enough to create a free guide specifically for the Choose FI community. This guide builds on Adam’s experience teaching mindfulness, meditation and envisioning to over 2500 of his fellow Google colleagues around the world. The free guide includes: Free Annual Credit Report Cody Garrett …

January 10, 2023: Secure 2.0 Act, Bold Move, Best Investment Writing of 2022

Secure 2.0 and the FI Community Sean Mullaney, the FI Tax Guy, just put out an article on the ‘Secure 2.0 and the FI Community’ that I think is ultra-valuable. I’m going to publish an episode with Sean on the podcast later this month to dive into the nuance of Secure Act 2.0, but I always …

January 3, 2023: New Contribution Limits for 2023, Net Worth Calc, Better Habits

New Year, New Contribution Limits Happy New Year! It’s a new year, so that means there are new contribution limits for retirement and tax advantaged accounts and even if we maxed these accounts out in 2022, we’re back down to $0 contributed in 2023 and are ready to fill the accounts up again. My family …

December 27, 2022: Year End Wins Episode, Two Items of Note

Year End Wins Episode is Live I’m going to keep the newsletter short and sweet this holiday week.  I hope you are enjoying some rest and relaxation and time with loved ones! The 6th annual Year End Wins podcast episode came out yesterday, so if you haven’t had a chance to listen yet, download ChooseFI Episode 417 and …

December 20, 2022: What if Things Go Right?, EconoMe, Community Posts

But What if Things Go Right? Diania Merriam was on the podcast this week (Episode 416) and it was an extraordinarily powerful episode describing how she quit a toxic work environment on principle and really flexed her FI-muscles. Her email newsletter with 8 Lessons Learned from 1 Year of (F)un-employment is, simply put, a must-read. My favorite …

December 13, 2022: Optimal Order for Investing, Take Action

Optimal Order for Investing Your Money Our good friend Tae Kim from the Financial Tortoise (he’s been on the podcast in Episodes 186 and 302) put out a YouTube video last month that went viral with over 200k+ views called, “Optimal Order for Investing Your Money.” I highly recommend watching the 10-minute video and while …

December 6, 2022: Travel Rewards Success, Optimize Sleep, Who We Spend Time With

Travel Rewards Success! My family has cancelled numerous trips since March 2020 and haven’t really had a travel rewards “success story” in years. That ended this week with a big win. We were able to use points to book The Atlantis resort in the Bahamas for this coming spring break using Marriott points! We were …