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From Vision Board to Action: A FI Success Story | Rakesh | Ep 436

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In this episode: getting comfortable investing, the vision boards, salary negotiations, and the skill of spending

Whether it’s wanting to pay off your debts or get yourself set up for your future, there are many motivations for wanting to begin the path toward FI. This week we are joined by listener and fan of the podcast Rakesh to discuss how his journey to FI has been over the last 3 years and the lessons he’s learned along the way. We often stress on the podcast the importance of bold moves and taking action as an important step to achieving FI, and Rakesh embodies just that! Everyone on this journey starts from a different place, just as everyone’s long-term goals differ, but don’t allow yourself to be bogged down by the little hiccups that come with this journey. By pushing ahead and being mindful of your short and long-term goals, you may find yourself stepping out of your comfort zone toward the life you want to be living! 

Timestamps:

  • 1:15 – Introduction
  • 4:50 – The Evolution Of The FI Journey
  • 12:52 – Getting Comfortable Investing
  • 22:09 – The Vision Board
  • 30:39 – The Skill Of Spending And Future Planning
  • 37:13 – Low Cost Of Living Areas
  • 43:05 – Salary Negotiating And Job Transitioning
  • 53:11 – The Impact Of Staying Put
  • 56:06 – Conclusion

Resources Mentioned In Today’s Episode:

M1 Finance

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Choose FI has partnered with CardRatings for our coverage of credit card products. Choose FI and CardRatings may receive a commission from card issuers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities. Disclosures.
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