070 | Author and FI pioneer Vicki Robin discusses the cultural development of overconsumption, how much is enough, and what else, besides good investments, contributes to successful financial independence? Vicki’s story began when she invested in long-term bonds at a young age, achieving modest financial independence very quickly Vicki and her partner, Joe Dominguez, hosted seminars about financial independence beginning in the 1980s, donating the proceeds. What is the difference between making ...
Apr 09, 2018•1 hr 8 min•Ep 70•Transcript available on Metacast 069R | We discuss why and how of starting a blog or website. What you’ll hear on today’s show: Review of Monday’s episode How Michelle lives her lifestyle by choice Why it’s a great idea to start a blog The key when creating content Why now is the best time to get started How affiliate marketing works The 4 things you need to start your blog The total cost of starting up Why it takes years to be successful How building this skill set opens doors iTunes and book giveaway Links from the show: Host...
Apr 06, 2018•51 min•Ep 69•Transcript available on Metacast 069 | Michelle has a very successful blog, Making Sense of Cents. She shares her lifestyle as a digital nomad and how she currently manages not just her blog, but her whole life living full-time in an RV. What you’ll hear on today’s show: Interview with Michelle from Making Sense of Cents Michelle’s backstory The success of her personal finance blog How long it took for her blog to take off How she got involved in the community When she first started making money and how Why she feels she attrac...
Apr 02, 2018•58 min•Ep 69•Transcript available on Metacast 068R | The next steps after Dave Ramsey’s Peace University, the importance of being present and food budget hacks. What you’ll hear on today’s show: Review of Monday’s episode Brad’s life improvement thanks to FI How to use Dave Ramsey’s lessons Question from Chris about Dave Ramsey What the next steps after the Peace University look like Why and how credit cards can be useful Jill talks about being nervous going back to credit cards Michelle says the episode 68 is great to send to Dave Ramsey f...
Mar 30, 2018•59 min•Ep 68•Transcript available on Metacast 068 | Bringing your spouse on with FI, the benefits of paying off your mortgage early and how to follow Dave Ramsey’s steps Highlights from the show include: Andy’s blog and podcast How he brought his wife on board with FI The monthly budget party Benefits of paying off a mortgage early Following Dave Ramsey’s steps ——————- Thank you for being a part of the ChooseFI community! 🙂 If you want to support us, here are some easy ways: 1) Leave an iTunes review: http://www.choosefi.com/itunes 2) Use ...
Mar 26, 2018•56 min•Ep 68•Transcript available on Metacast 067R | Getting comfortable with being uncomfortable, hacks to save money on everyday electronics and using donor advised funds to optimize tax payments. What you’ll hear on today’s show: Jonathan optimizing his house insurance Comment from Katie on using diamonds on engagement rings Examples of velvet ropes The importance of getting comfortable with being uncomfortable Sara shares a DIY success Voicemail from Daniel about saving money on everyday electronics Jaclyn share’s her success from a sal...
Mar 23, 2018•56 min•Ep 67•Transcript available on Metacast 067 | 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 up Hotseat questions Links from the show: David’...
Mar 19, 2018•1 hr 14 min•Ep 67•Transcript available on Metacast 066R | Understanding emergency funds, investing in your house and some college and library hacks. What you’ll hear on today’s show: Review of Monday’s episode Different scenarios for using emergency funds Where to put your emergency fund Jennifer asks a question about needing the fund in 2-3 years The different options to optimize your emergency fund Voicemail from Paul on whether a house is an investment Voicemail from Melissa on Mrs Frugalwoods’ journey with make-up Voicemail from Captain DIY ...
Mar 16, 2018•59 min•Ep 66•Transcript available on Metacast 066 | Big Ern reveals his identity, explains the different risks when retiring and why a home is a good investment. Highlights from the show include: Big Ern’s identity reveal His blog on retirement The anxieties of retiring early Emergency funds The benefits of home ownership ——————- Thank you for being a part of the ChooseFI community! 🙂 If you want to support us, here are some easy ways: 1) Leave an iTunes review: http://www.choosefi.com/itunes 2) Use our page to sign up for travel credit ca...
Mar 12, 2018•1 hr 11 min•Ep 66•Transcript available on Metacast 065R | College hacks, a great credit card debt hack and the importance of not wasting your privileges. What you’ll hear in today’s show: Voicemail from Chris about replacing broken items Review of Monday’s episode with Mrs Frugalwoods Why you shouldn’t waste your advantages Voicemail from Steve about educational programs The student debt loan movement happening in March Voicemail from Noah about a college hack Voicemail from Millionaire Educator on another college hack Nicholas’ hack on optimizi...
Mar 09, 2018•51 min•Ep 65•Transcript available on Metacast 065 | Mrs Frugalwoods talks on her book and blog, frugality as a lifestyle and the great benefits of being frugal. Highlights from the show include: Mrs Frugalwoods’ book and blog Her relationship with money Changing her lifestyle to frugality The benefits of living frugal The amazing influence of frugality on her family For more information, visit the show notes at http://ChooseFI.com/065...
Mar 05, 2018•1 hr 3 min•Ep 65•Transcript available on Metacast 064R | Chautauqua plans, board game recommendations and a discussion on optimizing travel rewards Highlights from the show include: Warren Buffett’s Annual Letter to Shareholders takeaways Chautauqua plans Board game recommendations Travel rewards discussion Crowdsourcing geo-arbitrage ——————- For more information, visit the show notes at http://ChooseFI.com/064R...
Mar 02, 2018•1 hr•Ep 64•Transcript available on Metacast 064 | Chautauqua organizers join us on a call to share what the event is about, the great community that attend Chautauqua , and plans for its future. Highlights from the show include: How Chautauqua got started The structure of the event and what a typical day looks like The amazing community Examples of the exceptional people who attend What the future plans look like For more information, visit the show notes at http://ChooseFI.com/064...
Feb 26, 2018•53 min•Ep 64•Transcript available on Metacast 063R | How to create your own luck, the glidepath to success and some life lessons from Brad. Highlights from the show include: What luck and opportunity really mean Having high expectations from life Brad’s definition of creating luck Life lessons from Brad to his daughters For more information, visit the show notes at http://ChooseFI.com/063R
Feb 23, 2018•52 min•Ep 63•Transcript available on Metacast 063 | An interview with Scott Trench from Bigger Pockets on the creation of good luck, his background and journey to FI and using house hacks to reach wealth. This episode covers: 1) Scott’s book and background 2) His definition of luck 3) The stages of wealth creation with real estate 4) Becoming a life long learner 5) The core message of FI and the community ——————- Thank you for being a part of the ChooseFI community! 🙂 If you want to support us, here are some easy ways: 1) Leave an iTunes r...
Feb 19, 2018•1 hr 21 min•Ep 63•Transcript available on Metacast 062R | We review Monday’s episode with Travis on the Playing with FIRE documentary, a voicemail about the new tax law and a discussion about tracking business expenses. On today’s show we cover: Documentary Playing with FIRE Some great ways to practice gratitude with children How film is a great way to market an idea How the community of FI can change the world Review of Monday’s episode with Travis How Scott and Travis met Voicemail from Scott on scrutinizing his own choices and how he’s gratef...
Feb 16, 2018•1 hr 4 min•Ep 62•Transcript available on Metacast 062 | Travis Shakespeare is creating the Playing with FIRE documentary. He talks about discovering FI, how FI has the power to change the world, and how one misinterpretation caused him to reach FI much sooner than he should have. On today’s show we cover: Interview with Travis Shakespeare His approach to creating the Playing with FIRE documentary What drew him to the media industry The power of story How he wants to the documentary to create a call to action How he discovered FI The FI communit...
Feb 12, 2018•1 hr•Ep 62•Transcript available on Metacast 061R | We recap Monday’s episode with Cory Mascara about mindfulness with FI, a voicemail about a medical tourism hack and a method to teach your kids money management at a young age. This episode covers: An episode soon to come with Danielle and Laura Review of Monday’s episode The importance of controlling only what you can control A voicemail about second generation FIRE A voicemail about a medical tourism hack ——————- Thank you for being a part of the ChooseFI community! 🙂 If you want to su...
Feb 09, 2018•52 min•Ep 61•Transcript available on Metacast 061 | Mindfulness Coach Cory Muscara shares his background as a monk, how mindfulness links with FI and the process of meditation. This episode covers: Cory’s background meditating for 6 months How he got through with it and the lessons learnt How he discovered FI and how it links to mindfulness Figuring out what comes after FI How people can get started with meditation ——————- Thank you for being a part of the ChooseFI community! 🙂 If you want to support us, here are some easy ways: 1) Leave a...
Feb 05, 2018•1 hr 11 min•Ep 61•Transcript available on Metacast 060R | 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. This episode covers: Jonathan’s new morning routine The impact of medical tourism and how we can use it The talent stack Voicemails on life hacks and the power of the FI community ——————- Thank you for being a part of the ChooseFI community! 🙂 If you want to support us, here are some easy ways: 1) Leave an iTunes review: http://www.cho...
Feb 02, 2018•56 min•Ep 60•Transcript available on Metacast 060 | Myles Wakeham shares the little-known advantages of medical tourism, how he covers his medical bills and his personal journey to FI. This episode covers: Myles’ personal journey to FI How he discovered medical tourism The huge benefits of traveling abroad for medical treatment His investments in Bitcoin How he plans for adverse events ——————- Thank you for being a part of the ChooseFI community! 🙂 If you want to support us, here are some easy ways: 1) Leave an iTunes review: http://www.ch...
Jan 29, 2018•1 hr 23 min•Ep 60•Transcript available on Metacast 059R | A review of Vincent Pugliese's interview , the satisfaction of DIY projects, and voicemails about financial coaching and international teaching. On today’s show we cover: Doing more ChooseFI Richmond meetups The limiting beliefs of not wanting to learn The satisfaction that comes from DIY The importance of a legacy binder A review of Monday’s episode How Vincent is all about relationships How his outlook of life completely changed with two inflection points Why FI not only improves yourse...
Jan 26, 2018•58 min•Ep 59•Transcript available on Metacast 059 | Vincent Pugliese shares his journey to reaching FI after changing his mindset towards life and starting a business. This episode covers: Vincent’s backstory How he changed his thought process How his resilience got him opportunities The journey of starting his business The importance of patience and persistence How he reached FI Why he homeschools his kids and what he teaches them ——————- Thank you for being a part of the ChooseFI community! 🙂 If you want to support us, here are some easy...
Jan 22, 2018•1 hr 7 min•Ep 59•Transcript available on Metacast 058R | A review of the CampFI episode as well as a discussion on pensions and some thoughts on the value of CFPs. This episode covers: The community of CampFI Frugal wins and fails Voicemail about pensions How Grumpus communicates with his audience The value of CFPs ——————- Thank you for being a part of the ChooseFI community! 🙂 If you want to support us, here are some easy ways: 1) Leave an iTunes review: http://www.choosefi.com/itunes 2) Use our page to sign up for travel credit cards Note: W...
Jan 19, 2018•1 hr 11 min•Ep 58•Transcript available on Metacast 058 | A roundtable discussion with two CFPs, Kyle Mast and Danny Kenny, on what financial planning looks like in practice, the importance of talking to a CFP and managing different types of risk. On today’s episode we cover: Roundtable Q&A with two Certified Financial Planners Kyle and Danny’s backstory How they learned about FI Why you should use the services of a CFP How they act as an educator and therapist between spouses What financial planning looks like in practice The different CFP model...
Jan 15, 2018•1 hr 23 min•Ep 58•Transcript available on Metacast 057R | A roundtable discussion at CampFI including talks on the military, the flexibility of the FI plan and reaching FI before your partner. On today’s episode we cover: Everyone’s at a different FI stage in the community Doug Nordman talks about the military and FI How Doug manages his time Natalie talks about the importance of keeping the FI plan flexible JD Roth’s 2018 challenge and his view on the FI community The huge wealth of knowledge and feeling of being in a tribe at Camp FI The facto...
Jan 12, 2018•48 min•Ep 57•Transcript available on Metacast 057 | Grumpus Maximus shares his military background, his blog about understanding pensions, and his path to FI. In this episode we cover Interview with Grumpus Maximus about pensions and the military Where the name Grumpus Maximus comes from The Golden Albatross Grumpus Maximus’ backstory How he discovered the FI movement How he wanted to quit the military but would then lose all the benefits His relationship with Mrs Grumpus about money How to manage your finances as a couple What FI looks lik...
Jan 08, 2018•1 hr 10 min•Ep 57•Transcript available on Metacast 056R | We review Monday’s " Side Hustle Coaching Series Part 1 " with some talk on the workings behind ChooseFI, as well as several voicemails on travel and career hacking. In today’s episode we cover: Review of Monday’s episode How these coaching calls are like Reality Internet Taking those lessons and applying them to your personal life How the ChooseFI business works The process of scaling a business Yolanda’s Facebook comment on not buying stuff she doesn’t need How the community has great r...
Jan 05, 2018•1 hr 2 min•Ep 56•Transcript available on Metacast 056 | A slightly different episode as it consists of a coaching call between Alan Donegan from the PopUp Business school and Tallis, who wishes to grow her business and make it profitable. In this episode we cover: • First episode the year: coaching call • Call between Alan Donegan and Tallis on her new business idea • Alan will walk her through ideas to grow her business • Tallis’ business: dance classes for people with Parkinson’s disease • Reasons why dance classes work • Defining who are the...
Jan 01, 2018•1 hr 5 min•Ep 56•Transcript available on Metacast 055R | A review of ChooseFI’s 2017 on the great progress of the community, several voicemails on FI successes and plans for 2018 This episode covers: • How far the ChooseFI community has come • Eric’s great successes on his path to FI • How everyone in the community is helping each other out • The idea of building the community offline • Colby’s college hack to graduating debt free • How FI is about living a life of intention • Huge thank you to everyone __________________ Thank you for being a ...
Dec 29, 2017•1 hr 16 min•Ep 55•Transcript available on Metacast