009 | Travel Rewards: How To Travel The World For Free (The Easy Way)

The Ultimate Podcast for Travel Rewards

This is the Ultimate Guide to Travel the World for Nearly Free Why Jonathan started with travel rewards: Wife’s family in Zimbabwe: $6,000 in flights every two years What is this travel rewards strategy all about? Minimum spending requirement defined Options to meet minimum spending requirement Return on investment: instead of 1.5% rewards, you can earn upwards of 33% Impact on credit score and Brad’s personal experience Is this strategy … Read more

008 | Avoid Bank Fees at All Cost

how to avoid bank fees

  Bank Fees and fees generally are the financial equivalent of death by a thousand cuts. AVOID THEM – Here’s how Don’t piss off the accountant: Bank Fees Americans spent $32 Billion in overdraft fees in 2016 Bank accounts and credit cards should be financial tools you use for free Overdraft fees mean you have no money and the bank is loaning you money for $35 at a time If … Read more

007 | America’s Food Obsession | How to Crush Your Grocery Bill

Why you need to take a hard look at your Grocery Bill, and Restaurant Budget and how to to crush it America’s food obsession: We’re fat and broke How Brad’s family saves money on food Being smart with ingredients. Buy in season How often does Brad’s family go out to eat? Go out for lunch instead of dinner Emergency meals in extra freezer Being efficient shopping at one store. Cut … Read more

006 | The Power of Partnerships | ChooseFI Origin Story

Find a Partner and Start a Business

We share the origin story of ChooseFI. The how and why we decided to partner on this The Power of Partnerships How Brad and Jonathan met Our decision to partner up on Choose FI The importance of taking action The value of personal relationships in an online world What to look for in a partner Complementary skills and how it can help beat the learning curve How to find a … Read more

005 | Why Everyone Needs Dave Ramsey and Why You Should Ignore Him

Dave Ramsey Baby Steps ChooseFI

We discuss where ChooseFI and Dave Ramsey agree and disagree. Dave Ramsey and Jonathan’s history following him Dave’s unyielding stance on debt: don’t do it Review and evaluate Dave’s teaching philosophies Baby Step 1: Get an emergency fund of $1,000 Baby Step 2: Pay off all your debt except for your mortgage Explanation of the Debt Snowball Our hybrid approach to the Debt Snowball vs. Debt Avalanche Advice isn’t “one … Read more

004 | Get Off The Hamster Wheel | Jonathan Backstory

how-to-pay-off-student-loans

In Today’s Podcast we cover: Jonathan shares his origin story from and how he graduated from pharmacy school in 2013 with $168,000 student loan debt and how he payed them off in less than 5 years How did he get to that point? ‘Followed the rules’ to get his pharmacy degree but came out owing $1,000 per month in interest You don’t have as much money as you think: the impact … Read more

003 | Let’s Talk About Fees | Why Investment Fees Are Evil and How to Avoid Them

only-use-index-funds

Learn how devastating Fees can be to you net worth and how to avoid them How to invest your 401k?  Nobody knows! Index funds and low cost ETFs are the way to go Readings that changed our investing trajectory Who outperforms the market?  Nobody.  Hold the course and buy the entire US market. You aren’t going to find a brilliant financial advisor who can outperform the market Running an investment … Read more

002 | Why Failure Matters | Brad Backstory

how to succeed through failure

Brad Barrett’s shares his entrepreneurial journey online Learning about online business from Tim Ferriss Drop shipping business online with firewood racks bought from Flippa SEO strategies and getting crushed for black hat tactics Skills learned, even from ‘failures’: ability to create websites Takeaways for Brad in failures. Starting a new project: Personal finance site called Richmond Savers Getting local media attention The value of personal relationships, even in an online … Read more

001 | The ChooseFI Radio Podcast | A Life Optimization Strategy

choosefI-finance-podcast

Introducing a Finance Podcast by FIRE for FIRE In Today’s Podcast we cover: Welcome to ChooseFI’s first podcast from Jonathan Mendonsa and Brad Barrett What  the ChooseFI finance podcast is all about: This is a finance podcast by the FIRE community and for the FIRE community Build a gathering place for the entire Financial Independence Retire Early (FIRE) community Experiments in Financial Independence: Battle test ideas and see what works … Read more