How To Move Money From A Financial Advisor To Vanguard

How To Move Money From A Financial Advisor To Vanguard

If you’ve been educating yourself about how to achieve financial independence (FI), you’ve probably learned a lot about investing on your journey to reach your FI number. You’ve probably also learned that fees can eat up a huge portion of your investment return over time, especially as the losses–due to fees, compound. Let me give you an example of how fees will eat into your nest egg. In 2019, you … Read more

091R | Real Estate Inside an IRA

091R Real Estate Inside an IRA

An overview of how to own a house with an IRA, Jonathan attempts to optimize his recipes and shopping list, a list of the top 5 ChooseFI episodes and a travel rewards win. What you’ll hear in today’s Friday Roundup: Is the financial independence movement growing? “Playing with FIRE” documentary set to come out in early 2019. Jonathan and Dani are ready to accept the vegetarian challenge. How is Jonathan … Read more

091 | Rich Carey Real Estate | Building a Rental Real Estate Snowball Machine without Debt

091 Rich Carey Real Estate Building a Rental Real Estate Snowball Machine without Debt Wordpress

Rich Carey, officer in the U.S. Air Force, talks about learning to live frugally, buying his first townhouse, and building his real estate empire from one to 20 houses in Montgomery, AL. How did Rich get interested in financial independence? What did Rich’s frugal life look like before he found financial independence? How did Rich’s wife inspire their frugal living? Rich and his wife paid off their mortgage in seven … Read more

Top Recommended Books To Start Your FIRE Journey

Top Recommended Books To Start Your FIRE Journey

If you’re just getting started on the path to FI and are hoping to reach financial independence and dream of early retirement, there are a lot of helpful books out there to frame up your journey and keep you motivated along the way.  Additionally, if you know of anyone who is interested in FI/RE and you want to send a useful book their way, the recommendations below are intended to … Read more

My Late Journey To FI

With some serious career hacking in 2017, I get to start out 2018 debt free! You need to understand the gravity of that first statement–I own my entire income. I get to choose where my paycheck goes and I choose FI! I have pretty much been in debt from the age of 18, when I bought my first new car, until now, age 45, minus a short stint when I was living … Read more

067 | Raptitude and Free to Pursue

067 _ Venn Diagram of FI

David and Helene talk about consumerism, getting out of one’s comfort zone and the importance of simplicity. What you’ll hear on today’s show: Discussion with David and Helene How consumerism makes us buy more Controlling impulses How Helene constantly gets out of her comfort zone Mental hacks for self control Hedonic adaptation Complexity vs simplicity David’s thoughts after blogging for 9 years The importance of focusing on what lights you … Read more

066 | The Emergency Fund…Is it a Bad Idea? | Big ERN The Reveal

The Emergency Fund - ChooseFI

Big Ern reveals his identity, explains the different anxieties of retiring early and the opportunity costs of having an emergency fund. What you’ll hear in today’s show: Big Ern’s background story Why he’s revealing his identity Why he decided to be anonymous in the first place How much his blog has to do with his job The different anxieties he’s been through The risk of retiring at the peak of … Read more

064 | Chautauqua | Oh The Places We Will Go

064 Chautauqua founders

Chautauqua organizers join us on a call to share what the Chautauqua event is about, the great community that attends, and plans for the future. On today’s show we cover: A call with 6 different Chautauqua organizers from around the world How Chautauqua got started The single coolest thing about the event The perspective from Carl’s first Chautauqua The structure behind the event Why people make lifelong friends The benefits … Read more

060R | HealthCare Vs Health Insurance

060R Healthcare vs Health Insurance

FI Chautauqua in Greece Tickets just went live!! We roundup Monday’s episode about medical tourism with a discussion on more hacks, having more power over your job and the importance of the talent stack. On today’s show we cover: Jonathan’s new morning routine The Skinny Waist Fat Wallet Challenge FI Chautauqua Tickets for FI Chautauqua went live this week and will not last long. Although this is our first time … Read more

The Wealth Building Triangle

You’ve probably heard the saying, “Earn More, Spend Less, and Invest the Rest.” The Wealth Building Triangle is a way of visualizing each piece of that equation and how they combine to move you towards FI. Our engineer readers may know that triangles are the strongest shape out there. The reason for that is that weight (or any force) is distributed across all three sides. The sides all work together … Read more