025 | In today's podcast we have Keith from The Wealthy Accountant on the show to discuss tax optimization for individuals and small businesses with plenty of tax tips for your FI tool chest. In Today’s Podcast we cover: Keith from the Wealthy Accountant presents his tax optimization strategies for individuals and small business owners Keith is the most knowledgeable accountant we have ever met. We met him in Florida at Camp Mustache and his exuberance for tax optimization was infectious Keith b...
May 29, 2017•1 hr 13 min•Ep 25•Transcript available on Metacast 024R | In today's Friday Roundup we discuss Episode 24 with Joel and Alexis from FI180 as well as some expert voicemails from Chad Carson about real estate plus Ken talking about ESPP options. In Today’s Podcast we cover: Friday Roundup after Episode 24 with Joel and Alexis from FI 180 Camp Mustache tickets for January 2018 are available for sale, so come and join us! The letter Joel wrote to his younger self and the emotional value of it The sacrifice for living an opulent lifestyle is too grea...
May 26, 2017•1 hr•Ep 24•Transcript available on Metacast 024 | Today we have Joel and Alexis from FI180.com on the podcast. They changed their financial lives dramatically, going from spending over $100,000 per year to having an 85% savings rate and on the path to FI in just a few short years. In Today’s Podcast we cover: Joel and Alexis from FI180.com tell their story of how they went from spending over $100,000 per year to having an 85% savings rate FI can only be a few steps away and this story is the perfect example They bought new cars, a new hou...
May 22, 2017•56 min•Ep 24•Transcript available on Metacast 023R | In today's Friday Roundup we discuss career hacking with ESI Money, Big ERN's analysis of Paul's case study, plus hear our answers to an interesting question posed by audience member Jason about the value of frugality. In Today’s Podcast we cover: Friday Roundup after Episode 23 with ESI from ESI Money Looking at compound interest on the earnings side of a career instead of just on the savings side ESI is now an author on Business Insider. Our question of how he made that connection What ...
May 19, 2017•1 hr 1 min•Ep 23•Transcript available on Metacast 023 | ESI from ESI Money is on the podcast today talking about Career Hacking and how you can set yourself up to earn millions more over a working career with seven simple steps. In Today's Podcast We Cover: ESI from ESIMoney.com is here to discuss ways you can increase your earnings through Career Hacking ESI retired at 52 and reaching “financial independence” in his early 40s. He lives in Colorado, which is where many FI bloggers live Your career is a multi-million dollar asset and it is impor...
May 15, 2017•1 hr 4 min•Ep 23•Transcript available on Metacast 022R | In today's Friday Roundup we discuss the True Cost of Car Ownership, how to maximize your travel rewards points plus a big announcement on a new in-house 'expert' for ChooseFI! In Today’s Podcast we cover: Episode review of our podcast Episode 22 on The True Cost of Car Ownership Your best-case scenario is buying a 5 to 10 year old gas sipping car Even a low cost car is going to cost you at least $2,000 per year Your fixed structural expenses move the needle significantly on your path to ...
May 12, 2017•1 hr 2 min•Ep 22•Transcript available on Metacast 022 | Do you know what your car is actually costing you each year? What about over an investing lifetime? In this episode of the ChooseFI Radio Podcast we cover the True Cost of Car Ownership and you'll be absolutely amazed at the numbers. In Today’s Podcast we cover: ChooseFI: The Ultimate Guide to the True Cost of Car Ownership Your car payment is a terrible way to spend your hard earned money We’ll present two different perspectives: Brad will show the long-term compounded cost of buying/leas...
May 08, 2017•42 min•Ep 22•Transcript available on Metacast 021R | In today's episode of the Friday Roundup we review our discussion of the Pillars of Financial Independence, take questions and comments from the community and go in-depth on Paul's live case study. In Today’s Podcast we cover: Review of Episode 21, the Pillars of Financial Independence What areas of financial independence did we leave out of the episode? Might have under-discussed savings rate as a pillar of FI Choose FI as one of the ‘5 people you spend the most time with’ The value of $...
May 05, 2017•55 min•Ep 21•Transcript available on Metacast 021 | In this episode of the Choose FI Radio Podcast we focus on the essential Pillars of Financial Independence including index investing, affordable housing, the psychology of FI, tax optimization and more. In Today’s Podcast we cover: ChooseFI Episode 21: The Pillars of Financial Independence While we intend to focus on the roughly 10 pillars of FI, we assuredly have missed some so we hope the audience sends us the ones we’ve missed Low-cost index fund investing is the way to go with investin...
May 01, 2017•1 hr•Ep 21•Transcript available on Metacast 020R | In today's Friday Roundup we introduce our first crowd sourced case study from a listener and we have a challenge to you: Implement one life hack this week that will make your life easier and less stressful and send it to us at feedback@choosefi.com (or leave a voicemail on our homepage!) and we'll read it on next week's Friday roundup. In Today’s Podcast we cover: Our first Friday roundup after a non-guest episode which leaves lots of time for audience input, questions and voicemails We ...
Apr 28, 2017•50 min•Ep 20•Transcript available on Metacast 020 | The Entry Level Middle Class Lifestyle is a tool that you can use to supercharge your path to FI. Jonathan and Brad go through their expenses one line item at a time. Then they start the conversation about a FI approach to insurance, with an emphasis on life insurance In Today’s Podcast we cover: What Jonathan and Brad’s lifestyle and budget look like. We go in-depth into our actual spending and budget line items What have we talked about previously? How to crush your food budget, how to g...
Apr 24, 2017•59 min•Ep 20•Transcript available on Metacast 019R | In our Friday roundup Jonathan and Brad discuss the highlights and takeaways from the Monday episode with JL Collins. Then the podcast is opened up and crowd sourced to the community. Find out the specific travel reward perks that are available for active duty military and how to get started with VTSAX if you don't have $10,000 to invest The Friday Roundup #8: Review of podcast with Jim Collins Jonathan’s baby was born! And he’s here recording the Friday Roundup two days later 2nd Generat...
Apr 21, 2017•52 min•Ep 19•Transcript available on Metacast 019 | In Today’s Podcast JL collins from JLcollinsnh.com joins Jonathan & Brad on the podcast to bring the Stock Series to life. The Power of Index Investing is one of life's greatest secrets & JL Collins is the ultimate travel guide. This multi part series turns the stock series into an interactive audio companion and this first part is sure to compel you to stick around for each additional entry The Stock Series | Part 1 Our guest: Jim Collins from JLCollinsNH.com The Stock Series Part 1: “The...
Apr 17, 2017•2 hr 31 min•Ep 19•Transcript available on Metacast 018R | In Today’s Podcast we cover how to harvest long term capital gains tax free. Friday Roundup 7 Review of Monday’s episode with Jeremy from Go Curry Cracker Brad and his family just visited Washington DC for the weekend and used Chase Ultimate Rewards points to stay at the Hyatt Place National Mall Brad’s trip to Walt Disney World with his family, parents and in-laws Jonathan now understands harvesting capital gains and losses after the episode with Jeremy Unconventional choices: Jeremy and...
Apr 14, 2017•1 hr 7 min•Ep 18•Transcript available on Metacast 018 | In Today’s Podcast we cover: Our guest: Jeremey from Go Curry Cracker Jeremy and Winnie are living the geo-arbitrage life: currently in Taipei, Taiwan and then on to a four month trip to Europe They are using travel rewards points to get nearly free business class flights from Taipei to Europe. Using Alaska Airlines miles on Cathay Pacific they got nearly 20 cents per point in value! “Retiring in your 30s is simple but not necessarily easy” The biggest contributing factor is saving a high ...
Apr 10, 2017•1 hr 6 min•Ep 18•Transcript available on Metacast 017R | In Today’s Podcast we cover: Friday Roundup # 6 This is our 23rd episode and providing a home for the FIRE community Thank you for our 50th review on Itunes (from Chad Carson!) – we plan to implement the voicemail feature on the website so we can use your input on the show Episode with Brandon from the Mad Fientist This podcast humanized Brandon and you got to hear his story “Early retirees are such a different breed…I’m looking at this through the very focused lens of early retirement.” ...
Apr 07, 2017•1 hr 3 min•Ep 17•Transcript available on Metacast 017 | In Today’s Podcast we cover: Today’s guest: Brandon from MadFientist.com and the origin story of the Mad Fientist How did the Mad Fientist website come about? He first stumbled on the Early Retirement Extreme website He thought there’d be investing strategies to get him to financial independence more quickly, but he realized index funds were the best way to go about it Then he stumbled upon tax optimization and tax avoidance strategies Finding Get Rich Slowly and other personal finance blo...
Apr 03, 2017•1 hr 14 min•Ep 17•Transcript available on Metacast 016R | In Today’s Podcast we cover: Friday Roundup #5 Recap of house hacking episode with Chad Carson from CoachCarson.com Real estate investing is one of the pillars of Financial Independence ‘Keep it super simple and try to do the fundamentals well’ quote by Chad Chad put in the extra effort to walk neighborhoods on Saturday mornings to learn about real estate House hacking is essential knowledge for someone getting started with FI The main levers to pull to get on the path to financial indepe...
Mar 31, 2017•1 hr 18 min•Ep 16•Transcript available on Metacast 016 | In Today’s Podcast we cover: Real estate investing and house hacking with Chad “Coach” Carson. On the path to financial independence, how much of your own budget is going towards housing? After Chad graduated college at Clemson, he got started with real estate investing in his college town. How financial independence and real estate investing have allowed Chad to move his family to Ecuador for about 1.5 years. When they moved to Ecuador they sold most of their possessions and rented out th...
Mar 27, 2017•1 hr 14 min•Ep 16•Transcript available on Metacast Keeping up with the Joneses' will cost you 1. Allocation when Investing in a Bubble? Kyith points out that allocation matters as the Early Retiree approaches their FI date 2.Paul wants to know where he should put his emergency fund 3. Should Brad Pay off His Mortgage? Kevin challenges Brad & Jonathan on whether they should pay off their mortgage using the Dave Ramsey litmus test 4. Matt would like to see ChooseFI tackle Effective Altruism 7. Sharing Resources Links Mentioned in Show https://www....
Mar 24, 2017•1 hr 4 min•Ep 15•Transcript available on Metacast 015 | In Today’s Podcast we cover: Our guest: Justin from Root of Good Justin had access to 401k and the 457 retirement plans 457 plan is an extremely valuable took for early retirement as there is no 10% early withdrawal penalty Justin’s early retirement journey: Retirement at 33 Saved over 60% of his income to help retire early Justin has a wife and 3 kids and was still able to retire early What does a day in the life look like for Justin and the Root of Good family? “Optimal spouse selection”...
Mar 20, 2017•1 hr 11 min•Ep 15•Transcript available on Metacast Control your Tax Rate by understanding how our marginal brackets work and eliminating consumer debt and taking advantage of tax deferred accounts Get Started on Path to FI https://www.choosefi.com/start Free Travel Course https://www.choosefi.com/travel For Net worth Tracker https://www.choosefi.com/pc Community Questions 1. Brian has a question about separation of service 2. Jason questions whether to use Vanguard vs Schwab 3. Kristen wants to know why she was denied for a premium credit card d...
Mar 17, 2017•45 min•Ep 14•Transcript available on Metacast 014 | The Phases of FI with 1500 days (Mr 1500) Our Guest: Carl from 1500 Days The Phases of Financial Independence Close-knit community at Fincon and FI generally, Its amazing how much you have in common with somebody when you share a philosophy about money What is your philosophy about money? It isn’t about money – it’s a tool to a better life The goal of his site 1500 Days to freedom Their real estate investing experience Buying a McMansion and selling it within 2 weeks How one bad day at wor...
Mar 13, 2017•50 min•Ep 14•Transcript available on Metacast Control your Tax Rate by understanding how our marginal brackets work and eliminating consumer debt and taking advantage of tax deferred accounts Get Started on Path to FI https://www.choosefi.com/start Free Travel Course https://www.choosefi.com/travel For Net worth Tracker https://www.choosefi.com/pc Community Questions 1. Brian has a question about separation of service 2. Jason questions whether to use Vanguard vs Schwab 3. Kristen wants to know why she was denied for a premium credit card d...
Mar 10, 2017•45 min•Ep 13•Transcript available on Metacast 013 | Our guest: Millionaire Educator shows us how to invest your money. He shows how teachers, firefighters, police officers and public employees can leverage the power of pretax savings to supercharge their retirement , and become millionaires. Take this information to learn how to invest your money and retires decades before your peers Ed’s journey from a college basketball player to a Spanish teacher Graduate school led to $45,000 total debt at age 33 Taught ESL in Saudia Arabia and paid off...
Mar 06, 2017•50 min•Ep 13•Transcript available on Metacast The Friday Roundup acts as a way to connect the FI community bringing in your feedback questions, and corrections. https://www.choosefi.com/Start Text choosefi to 44222 for FI made simple Ebook On Todays episode Feedback on the Frugalwoods episode Email from Isaac: How have others responded to you being “openly FIRE” in your real life? Email from Evan: Has some tax hacks he wants to pass along Questions about travel rewards – do Chase points expire and how to transfer? Update on Jonathan’s goal ...
Mar 03, 2017•45 min•Ep 12•Transcript available on Metacast 012 | Living Frugal is a Powerful FI Tool Liz from Frugalwoods coaches us through the ultimate guide to frugal living The benefits of minimalism and living frugal Frugalwoods family saving 70%+ of their income Their conscious decision in March 2014 to pursue financial independence Entirely possible to pursue living frugal anywhere including large metro cities. In fact these cities may have built in advantages like transportation What is the difference between someone who saves 70%+ and everyone ...
Feb 27, 2017•58 min•Ep 12•Transcript available on Metacast 011 | In Today’s Podcast we cover: Future guests and how our interviews will be different than other podcasts Introduction to the “hot seat” What’s your favorite blog that you’re currently reading? What is your favorite article of all time Favorite Life Hack Biggest financial mistake What advice would you give to your younger self?
Feb 20, 2017•32 min•Ep 11•Transcript available on Metacast 010 | In Today’s Podcast we cover: Fitness and nutrition from a financial independence mindset Jonathan’s quest to lose 30 pounds in the 3 months leading up to his son’s birth JD Roth’s talk at the Camp Mustache event to create a personal mission statement Jonathan’s post-it note goals for his next 3 months of losing weight Be intentional about your goals Eating to live, not living to eat The dangers of carbs and processed sugar Frugal, ripped, lean and wealthy Set a goal and find some accountab...
Feb 13, 2017•1 hr 17 min•Ep 10•Transcript available on Metacast 009 | In Today’s Podcast we cover: Why Jonathan started with travel rewards: Wife’s family in Zimbabwe: $6,000 in flights every two years https://www.choosefi.com/travel 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 right for you? The Chase Gauntlet and why you want to ...
Feb 06, 2017•1 hr 1 min•Ep 9•Transcript available on Metacast 
