139 | Reaching FI With Real Estate With Sunny Burns

139 | Reaching FI With Real Estate With Sunny Burns

Sunny and his wife are 88.92% of their way to FI at only age 28 while living just 15 minutes outside of New York City. Sunny’s Financial Beginning As one of four children in a home with a below-average income, Sunny grew into a naturally thrifty person. That base of financial awareness has led to an extremely successful financial life. Paying For College  After a successful high school career filled … Read more

137 | Rebuilding A Life You Love With Christine

137 | Rebuilding a Life You Love with Christine

Here is Christine’s story about how she and her husband, Jack, rebuilt a life that they love after an 85% reduction in pay six weeks into their marriage. Losing Your Income Two weeks after they were married, Christine was let go from her engineering job. Basically, the company was looking to reduce expenses after they lost a big contract and since she was relatively new they let her go. Four weeks … Read more

136 | How To Fund Your Child’s Roth IRA And Other Tax Optimizations With The FI Tax Guy

136 | How To Fund Your Child's Roth IRA with the FI Tax Guy

A dive into taxes with Sean Mullaney, the FI Tax Guy. Sean’s Career In Accounting When Sean started out as a rookie accountant, he had a plan to become a partner in an accounting firm in his home state. However, he learned that it is difficult to move up the ranks in large firms so he started looking for other options. As he looked around, he saw many exciting opportunities … Read more

134 | Early Retirement Case Study With Route To Retire

134 | Early Retirement Case Study With Route To Retire

Brad and Jonathan talk with Jim from Route To Retire about life after retirement and geo-arbitrage. The Path To Early Retirement Focusing on the nuts and bolts of becoming Financially Independent can easily consume your field of vision. However, many of us forget to think about what happens when you actually “RE.” Many of us lose sight of the fact that the path to Financial Independence for most,  for the … Read more

132R Insurance | A Framework

132R| Understanding and Examining Your Insurance Needs

Brad and Jonathan discuss community, takeaways from Lisa Duke, and insurance policies. Community Recently, Jonathan moved into a new home in a neighborhood near Brad’s. In a short amount of time, he has already met several of the neighbors. Many just came to his door to introduce themselves and welcome him to the neighborhood. The feeling of community is already strong but Jonathan wants to keep it growing. What are … Read more

The “Baby Steps” Of FI

The "Baby Steps" Of FI

“Baby Steps” is a term popularized by Dave Ramsey to teach people a step-by-step process to help them pay off debt and take control of their finances. Perhaps the Ramsey way of thinking led you to the Financial Independence movement and you’re looking for something more. Or maybe you’re starting on your own financial journey from day one and need some next steps to get inspired FI-style. While the journey … Read more

131R | Building a Brick in Your Wall

131R | Building a Brick in Your Wall

Brad and Jonathan recap their conversation with Mr. Money Mustache and Mr. 1500. Plus, they answer listener questions about compounding interest and drawdowns during retirement. Community Building Jonathan recently moved closer to Brad’s home. Now they are only around five minutes apart. The move has already led to some positive movements in their life. One nice thing is having a workout buddy for mornings three days a week. At the … Read more

Mint Review: Is This The Best Free Personal Finance App?

Mint review

If you are looking for personal finance software to help you take control of your money you’ve probably come across Mint. Here’s our review about what you need to know about Intuit’s Mint personal finance software. What Is Mint? What makes Mint easier than a spreadsheet is that you can link your various financial accounts to essentially create a dashboard to monitor your finances. Once your accounts are linked, transactions … Read more

129 | Breaking The Glass Ceiling With Liz

129 | Breaking the Glass Ceiling | Liz, Chief Mom Officer

Jonathan and Brad talk to Liz from Chief Mom Officer.org about working moms building a career from the ground up. The inspiration for this conversation came from a listener who wrote: “I’m new here and a lot of the numbers I see people throw around intimidate me. Not the goal numbers. I’m talking about the incomes, the really high incomes. I’m a mom and I’m the breadwinner for my family. … Read more

How To Reach FI On An Average Salary

How To Reach FI On An Average Salary

Have you ever felt like you can’t relate to a lot of the prominent voices or people in the personal finance community? As a young pastor, I have to admit that I often felt this way. When I heard people who were making six figures talk about all the money they were putting into their retirement accounts or their incredible savings rates, I’d start to feel a little frustrated inside … Read more