The FI Guys - podcast cover

The FI Guys

The FI Guysthefiguys.com
Welcome to "The FI Guys" podcast, hosted by Chris from Monzon Wealth and Dominic. Join us as we explore the secrets to achieving financial freedom and independence. With a passion for personal finance and years of experience in wealth management, Chris and Dominic are here to share their knowledge, insights, and strategies to help you take control of your financial future. From saving and investing to generating passive income and building multiple streams of wealth, we cover it all. Get ready to unlock your financial potential and embark on the journey towards financial independence with us.
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Episodes

012: Ways To Increase Your Income

See the full conversation on YouTube and subscribe to The Fi Guys on all major podcast platforms Connect with Chris: https://www.monzonwealth.com/ SHOW NOTES ## Segment 1: Limit of Cutting Spending - Discuss the limitations of cutting expenses. - Goal: Increase the gap between spending and income for wealth building. ## Segment 2: Strategies for W-2 Income - No limit on income potential. - Starting out: - Choose high starting salary. - Choose a good major with the intention - Negotiate salary. -...

Oct 30, 202350 minSeason 1Ep. 12

011: Maximizing your Money Management: Analyzing the Big 3 Expenses

In this episode, we navigate the realm of mindful spending and its profound impact on savings and wealth creation. In Segment 1, we explore the classic coffee example to highlight how seemingly small daily expenses like a $5 cup of coffee can accumulate to a substantial annual cost of $1,300. We draw parallels to major spending categories—housing, food, and transportation—emphasizing the significance of prioritizing impactful choices in our spending habits. Segment 2 encourages a holistic evalua...

Oct 30, 202356 min

010: Cracking the Code: The Simple Equation to Financial Independence

Unlock the secrets of financial independence in this insightful episode that breaks down the simple equation of wealth building: Income – Expenses = Savings. In Segment 1, we delve into the essence of "The Gap" and how it serves as the driving force toward financial independence, highlighting its profound impact on your savings rate. Discover strategies to boost your income in Segment 2, extending beyond a regular salary to investments, side hustles, and entrepreneurial ventures. Negotiation tip...

Oct 30, 20231 hr

009: Overcoming Debt: Strategies to Break Free and Build Financial Stability

Join us in this insightful episode as we delve into the complex world of debt and its profound impact on our lives. In Segment 1, we shed light on various types of debt, from mortgages to credit cards, exploring their financial dynamics and emotional toll. Real-life experiences exemplify the struggles of managing multiple debts while striving to secure a brighter financial future. Moving on to Segment 2, we unveil effective debt payoff strategies, including Debt Snowball, Debt Avalanche, and the...

Oct 30, 202345 min

008: Understanding Financial Independence

Connect with Chris: https://www.monzonwealth.com/ **Segment 1: Exploring Financial Independence** - Financial Independence (FI) means having the financial means to cover living expenses without relying on a regular paycheck. - Achieving FI provides financial security and freedom, freeing you from dependence on a job for income. - Understanding and tracking annual expenses is crucial as it forms the foundation for achieving FI. **Segment 2: The 4% Rule and Its Role in FI** - The 4% Rule is based ...

Oct 30, 202350 minSeason 1Ep. 8

007: Discovering your Why for achieving FI

Connect with Chris: https://www.monzonwealth.com/ Disclaimer: This video podcast is sponsored by Monzon Wealth. The content in this podcast is for informational purposes only and should not be considered financial advice. Always consult a qualified professional before making financial decisions. We do not endorse specific products or services. Past performance doesn't guarantee future results. The opinions expressed are those of the hosts and guests, not the podcast sponsors.

Oct 30, 202344 min

006: Understanding Different Investment Vehicles

Connect with Chris: https://www.monzonwealth.com/ Disclaimer: This video podcast is sponsored by Monzon Wealth. The content in this podcast is for informational purposes only and should not be considered financial advice. Always consult a qualified professional before making financial decisions. We do not endorse specific products or services. Past performance doesn't guarantee future results. The opinions expressed are those of the hosts and guests, not the podcast sponsors.

Oct 30, 202347 min

003: How to Start On your Path to FI

Set Clear Financial Goals : Create a Budget : Uncover your FI number Build an Emergency Fund : Eliminate Debt : Save and Invest Regularly : Live Below Your Means : Increase Your Income : Educate Yourself about Personal Finance : Avoid Lifestyle Inflation : Stay Committed and Patient : Reevaluate and Adjust :...

Aug 25, 202345 minSeason 1Ep. 3

002: Travel the world for free! The Art Of Credit Card Hacking

Welcome to "The FI Guys" podcast, hosted by Chris and Dominic. Join us as we explore the secrets to achieving financial freedom and independence. With a passion for personal finance and years of experience in wealth management, Chris and Dominic are here to share their knowledge, insights, and strategies to help you take control of your financial future. From saving and investing to generating passive income and building multiple streams of wealth, we cover it all. Get ready to unlock your finan...

Jul 21, 202339 minSeason 1Ep. 2

001: Why Choose The FI Lifestyle?

What is FI? What is the typical American financial path? (make money, spend money, debt, repeat) [debt and consumerism] What is the promise of Financial Independence? (Living a fulfilling life that puts you in the driver's seat) Well that all sounds good but how do you work towards FI? (to start, focus on the difference between what you make and what you spend) How are people supposed to know what they spend? (Track your card(s), download a spending app like Mint, create a spreadsheet) So once s...

Jul 19, 202319 minSeason 1Ep. 1
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