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The Mid-life Crisis | Ep 222

Does living a FI lifestyle help to avoid experiencing a midlife crisis?

What You’ll Get Out Of Today’s Show

  • Use intentionality to balance tradeoffs and choose a life by design to escape the stereotypical midlife crisis.
  • Become comfortable being uncomfortable, build a resilient mindset, and get rid of the fear of failure.
  • The FIRE movement has a theme song! Check out the sneak peek on We Want Guac.
  • Inspired by Monday’s episode on 403(b)s with Nancy Bachety, Noemi plans to max out her 403(b), 457(b), and traditional IRAs.
  • Ruby paid off a $96,000 HELOC in one year by making small changes with her money.
  • M1 Borrow through M1 Finance is an alternative to HELOCs that both homeowners and renters can take advantage of when needing access to a line of credit for temporary cash flow.
  • Scott hit his FI number and gave his notice!

Resources Mentioned In Today’s Conversation

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    Lessons From a Young Entrepreneur | Ep 422

    At least once in most of our FI journeys, we have pondered what our life would look like if we started earlier. Maybe you have even wondered what value could’ve been gained if you had started in your teenage years. Well, for some context into the possibilities decision that could provide, we decided to have 17 year old listener Devin on the podcast to discuss what life can look like when you go against the cultural norm of going to college, and instead opting for an entrepreneurial and FI friendly lifestyle. Oftentimes we mention that there are rewards that come with stepping out of your comfort zone, and the same can be said for going against the societal norm and carving out your own path! For our younger audience who may be interested in getting started with their FI journey, let this episode be a useful resource and reassurance that this journey can begin no matter your age!

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