In this Podcast, Chris Monzon and Dominic discuss 12 money secrets that can help listeners improve their financial situation. The secrets include: 1) It's not what you earn, it's what you spend; 2) Beware of lifestyle creep; 3) Everything can be negotiated; 4) The rich and wealthy have multiple sources of income; and 5) Your credit score is worth more than you think. In this conversation, Chris and Dominic discuss 12 money secrets that can help listeners improve their financial situation. They c...
May 27, 2024•57 min
In this conversation, Dominic and Chris discuss their thoughts on the book 'Die With Zero' by Bill Perkins. They highlight the paradigm shifts in the book and how it challenges traditional financial advice. They emphasize the importance of living for today and maximizing net fulfillment rather than accumulating wealth. They also discuss who the book is for and the difficulty of changing saving habits. They share their favorite quotes from the book, which focus on delaying gratification and makin...
May 24, 2024•57 min
In this podcast episode, Chris and Dominic discuss the book 'Die with Zero' by Bill Perkins. They explore the key messages and actionable insights from the book, which challenges conventional wisdom about saving money and urges people to prioritize life experiences over accumulating wealth. The conversation emphasizes the importance of living a life filled with meaningful experiences and highlights the diminishing returns of accumulating more money. They also discuss the target audience for the ...
May 20, 2024•55 min
House hacking is a strategy to offset or eliminate housing expenses by leveraging multifamily properties. It involves purchasing a property that is larger than what you currently need and renting out the extra space. The benefits of house hacking include mortgage mitigation, income generation, asset appreciation, tax advantages, and diversification of income streams. The most common loan options for house hacking are FHA loans and conventional loans, each with their own requirements and down pay...
May 17, 2024•55 min
In this episode, we discuss the concept of house hacking as a real estate investment strategy. House hacking involves purchasing a property larger than what you need and renting out part of it to generate income and offset housing expenses. The benefits of house hacking include mortgage mitigation, income generation, asset appreciation, tax advantages, and diversification. The hosts also emphasize the importance of selecting good tenants and living in the property to ensure its upkeep. They disc...
May 13, 2024•1 hr 1 min
Chris shares his 11-day trip to Japan, specifically Tokyo, Osaka, and Kyoto. He provides a detailed itinerary and tips for maximizing time and experiencing the best of Japan. He discusses topics such as flying into LAX, using credit card points for travel, the importance of cash in Japan, the JR Pass for transportation, language barriers, and cultural experiences. He also highlights specific places visited, such as Shibuya, Ginza, Asakusa, and Shinjuku, and mentions the delicious food and afford...
May 10, 2024•23 min
In this conversation, Dominic and Chris discuss various topics related to money and personal finance. They start by addressing a listener's question about affording an apartment on a $45,000 income. They discuss the 50-30-20 rule and recommend finding a roommate or a cheaper apartment to avoid being house poor. They also talk about the importance of saving and investing. The conversation then shifts to a discussion about buying a new car versus a used car, considering factors such as budget, fut...
May 06, 2024•58 min
In this conversation, Dominic and Chris recap their recent podcast episode with Mark Massey. They discuss Chris's trip to Japan and his upcoming Friday Feedback episode where he will share his experiences and tips for using credit card points to travel. The main topic of the conversation is inflation, its definition, and its impact on purchasing power. They explore different ways to hedge against inflation, such as investing in hard assets like gold, silver, and real estate, as well as investing...
May 03, 2024•1 hr 3 min
In this conversation, Mark Massie and Dominic discuss the topic of inflation and its effects on various aspects of the economy. They define inflation as the measure of how quickly prices increase over time and emphasize that it ultimately affects the value of the dollar and buying power. They mention the concept of sticky inflation, which refers to inflation rates that do not decrease as desired. They explore the potential impact of inflation on interest rates and discuss the importance of under...
Apr 29, 2024•36 min
In this conversation, Dominic and Chris recap their previous episode on insurance and discuss key points that were overlooked. They emphasize the importance of finding the right coverage for each individual and the value of working with professionals who understand the complexities of insurance. They also touch on the topics of disability insurance, life insurance, and the different types of policies available. They highlight the need to have a plan in place to protect loved ones in the event of...
Apr 26, 2024•46 min
In this conversation, The FI Guys and their guest, Mark Massie discuss various aspects of insurance, including life insurance and disability insurance. They cover topics such as when to consider insurance, common misconceptions about insurance, and the importance of risk mitigation. They also discuss the concept of converting term insurance into permanent insurance and the benefits of different types of policies. The conversation highlights the need for proper planning and understanding of insur...
Apr 22, 2024•1 hr 7 min•Season 1Ep. 37
In this podcast, Dominic and Chris discuss the importance of having multiple income streams and how a side hustle can supercharge financial independence. They explore different methods for finding a side hustle idea, including the intersection method, finding friction in everyday life, and the rip, pivot, and jam method. They also talk about the challenges and lessons learned from starting a side hustle, such as overcoming fear, embracing failure, and managing time and tasks. Overall, they empha...
Apr 19, 2024•1 hr 3 min
In this conversation, Dominic and Chris discuss the importance of diversifying income through side hustles. They emphasize the need to have multiple income streams to avoid relying solely on one paycheck. They also highlight the benefits of side hustles, such as extra cash flow, financial independence, and the ability to pursue passions. The conversation is divided into several segments, including understanding the importance of diversification, exploring side hustle ideas, overcoming challenges...
Apr 15, 2024•1 hr 4 min
In this episode, we revisit the enlightening teachings of Hugh Massie, CEO of DNA Behavior, as he shares his journey from CPA to pioneering a behavioral finance firm. Massie emphasizes the critical importance of tailoring financial guidance to individual behaviors and beliefs, introducing the concept of money energy and its profound ties to subconscious thoughts. Join us as we explore Massie's holistic approach to financial planning, which considers personality traits, life circumstances, and th...
Apr 12, 2024•48 min
Hugh Massie, CEO of DNA Behavior, charts his evolution from CPA to leading a behavioral finance firm, stressing the significance of tailoring financial guidance to individual behaviors and beliefs. He introduces the notion of money energy and its ties to subconscious thoughts, advocating for a holistic approach to financial planning that considers personality traits and life circumstances. Massie underscores the importance of setting ambitious goals, nurturing a positive impact, and redefining w...
Apr 08, 2024•55 min
The FI Guys delve into the transformative power of minimalism in revolutionizing your financial journey, exploring intentional living, and decluttering finances. In this episode, we define minimalism, discuss its relationship with financial independence, offer practical strategies for minimalist living, and delve into its impact on sustainability and emotional well-being. Plus, we address viewer questions on overcoming job dissatisfaction and finding fulfillment in your career.📧 Connect with Ch...
Apr 05, 2024•50 min
Welcome to The FI Guys! Dive into the world of Minimalist Money Mastery as we uncover how minimalism can transform your financial journey, guiding you toward true freedom and fulfillment. Join us in this episode as we delve into the core principles of minimalism, practical strategies for decluttering your life, and its profound impact on achieving financial independence. Segment 1: 02:13-Understanding Minimalism** Explore the essence of minimalism, prioritizing intentional living and eliminating...
Apr 01, 2024•59 min
Welcome to FI Friday Feedback, where we delve into the intricacies of financial independence and provide actionable insights to help you achieve your financial goals. In this episode, we revisit the key lessons from our recent podcast on cryptocurrency, diving deep into understanding, mechanics, and investment strategies. **Segment Breakdown:** **1: The Evolution of Money** We Explore the concept of money and its evolution from bartering to the emergence of commodity money **2. Understanding Cry...
Mar 29, 2024•55 min
Are you intrigued by the world of cryptocurrency but unsure where to start? Look no further! Join us on "Decrypting Cryptocurrency with the FI Guys" as we demystify digital currencies and their impact on finance. Whether you're a seasoned investor or a crypto novice, this episode has something for everyone. Introduction: Welcome to "Decrypting Cryptocurrency with the FI Guys"! In this episode, we dive deep into the fundamentals of cryptocurrency, exploring its origins, functionality, and potenti...
Mar 25, 2024•1 hr 2 min
FI Friday Feedback: The Ultimate Guide to Bankruptcy and Debt Relief | The FI Guys Podcast 🌟 Welcome back to another FI Friday Feedback on 'The FI Guys' podcast, where we revisit the teachings from our episode earlier in the week. In this episode, we dive deep into the world of bankruptcy and debt relief, unraveling myths and providing actionable strategies for financial freedom. 🌟 Show Highlights: Understanding Bankruptcy: Defining bankruptcy and exploring Chapter 7 (liquidation) and Chapter ...
Mar 22, 2024•1 hr
🎙️ Welcome to The FI Guys Podcast: Understanding Bankruptcy and Debt Relief 🚀 Are financial worries weighing you down? It's time to take control of your financial future! Join us on The FI Guys Podcast as we delve into the ultimate guide to bankruptcy and debt relief. From unraveling the mysteries of bankruptcy to providing actionable strategies for achieving financial freedom, we've got you covered. Whether you're facing financial hardship or simply curious about bankruptcy, you've come to th...
Mar 18, 2024•56 min
🚀 Welcome to FI Friday Feedback, where we take your financial journey to new heights! 🎙️ In this episode, we're revisiting the key teachings from our earlier episode on credit card travel hacking. Ready to maximize your points and turn your everyday spending into dream getaways? Let's dive into the details! 🌐 Episode Highlights: Segment 1: Redeeming Rewards for Travel: Understanding redemption options. Tips for maximizing points and miles. The role of flexibility in travel plans. How to book ...
Mar 15, 2024•59 min
🔒 Unlock the Secrets of Credit Card Travel Hacking! 🌍✈️ Welcome to 'The FI Guys' – Your Passport to Financial Freedom! 🎙️ In today's episode, Dom and Chris take you on an exhilarating journey through the hidden wonders of credit card travel hacking. Imagine a world where your credit card isn't just plastic; it's the key to unlocking thrilling adventures and turning everyday spending into tickets to your dream destinations! 🌟 Ready to soar into the realm of financial independence? Buckle up, ...
Mar 12, 2024•53 min
Welcome back to another FI Friday Feedback on 'The FI Guys' podcast, where we dive into your financial questions and provide actionable insights. In this episode, we revisit the secrets of credit card travel hacking from earlier in the week. Ready to turn credit cards into your personal travel magic? Let's embark on this financial adventure together! 🌍 Show Highlights: Segment 1: Understanding the Basics of Travel Hacking Definition of travel hacking Importance of ethical practices Benefits for...
Mar 08, 2024•1 hr 1 min
🎙️ Unlocking the World with Credit Card Travel Hacking | The FI Guys Podcast Welcome back, FI enthusiasts! In this episode of 'The FI Guys,' join Dom and Chris as your co-pilots on the journey to financial independence. Today, we're delving into the secrets of credit card travel hacking – turning your everyday spending into the key to your dream destinations. Fasten your seatbelts, and let's soar to new financial heights! 🔍 Show Highlights: Understanding the Basics of Travel Hacking: Definitio...
Mar 04, 2024•45 min
🎙️ FI Friday Feedback: Episode Recap & Viewer Mailbag 📬 Welcome back to The FI Guys! Join hosts Chris and Dominic as they delve into the game-changing world of 'The Money Date' in this insightful episode. Discover how turning money talks into a celebration can transform your relationship and wealth-building strategy. 🌟 Grab your favorite drink and join the conversation! Segment 1: The Need for Positive Money Talks Explore common challenges in couples' financial discussions. Emphasize the ...
Mar 01, 2024•57 min
Welcome back, FI family! In this episode of The FI Guys, hosts Chris and Dominic delve into the transformative world of 'The Money Date' – a game-changer for your relationship and your journey to financial independence. 🚀✨ Segment 1: The Need for Positive Money Talks Join us as we discuss common challenges couples face when tackling finances and learn why having joyful conversations about money is crucial. Discover how to shift your focus from mere logistics to positive connections. Segment 2: ...
Feb 26, 2024•44 min
Welcome to FI Friday Feedback, the podcast where we revisit the insights from our earlier episodes on The Fi Guys. In this episode, we reflect on "10 Ways To Prevent Money From Ruining Your Marriage" and explore the financial landscape within relationships. Segments Revisited: Impact of Money on Relationships: Setting the Foundation: Aligning Goals: Communication and Transparency: Establishing Systems: Relationship Dynamics: Seeking External Help: 🔍 Plus, we're delving into an insightful viewer...
Feb 23, 2024•58 min
Ready to unlock the secrets to financial harmony in your relationship? Join Dom and Chris on The Fi Guys as they navigate the twists and turns of life's financial journey, bringing you insights and strategies to build a rock-solid financial foundation for a lasting partnership. 🔍 Segments: Don’t set yourself up for disaster: Discuss your demons: Understand your partner's money mindset: Set your eyes on the (same) prize: Don’t ignore the “B word”: Stop Keeping Secrets (Financial Infidelity): Giv...
Feb 19, 2024•39 min
Connect with Chris at Monzon Wealth : Visit us at The Fi Guys Website to be featured on the show: ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Welcome back to FI Friday Feedback, where we dive deeper into the insights shared earlier in the week on The Fi Guys podcast. Join us as we unravel the myths surrounding financial independence and equip you with the tools to navigate your financial future. 🔍 Episode Highlights: 1. Debunking FI Myths Uncover and dissect common myths surrounding financia...
Feb 16, 2024•53 min
