171 | Financial Resilience
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Episodes
ChooseFI
How would your life change if you reached Financial Independence and got to the point where working is optional? What actions can you take today to make that not just possible but probable. Jonathan & Brad explore the tactics that the FI community uses to reclaim decades of their lives. They discuss reducing expenses, crushing debt, tax optimization, building passive income streams through online businesses and real estate and how to travel the world for free. Every episode is packed with actionable tips and no topic is too big or small as long as it speeds up the process of reaching financial independence.
Episodes
170R | A Capital Gains Case Study for 2020
Learn more about the implications of capital gains and the mechanics of tax optimization for these gains. We use two case studies to help you realize the power of optimizing your capital gains strategy. For more information, visit the show notes at https://choosefi.com/170R
170 | The Simple Startup
Rob Phelan, author of The Simple Startup joins the show to share more about this new resource that can help anyone learn how to build a business. Plus, he shares the path of creating a financial literacy course for all grade levels that brings in the concepts of Financial Independence. For more information, visit the show notes at https://ChooseFI.com/170
169R | Prepared, Not Scared
With a week of market scares, this episode revisits the importance of being prepared, not scared. Plus, you’ll hear about some exciting announcements from the ChooseFI community. For more information, visit the show notes at https://ChooseFI.com/169R
169 | A Purple Life | Early Retiree Case Study
The anonymous blogger behind, A Purple Life, joins Brad and Jonathan to share her journey to financial independence. With the helpfulness of anonymity, she shares exact numbers including her income, salary negotiations, expenses, and more. For more information, visit the show notes at https://ChooseFI.com/169
168R | Prioritize Your Priorities
With the principles outlined in Make Time, you have the potential to dramatically improve your life in a short period of time. Plus, hear an inspiring FI story and tips for teachers. For more information, visit the show notes at https://ChooseFI.com/168R
168 | Make Time
John Zeratsky, author of Make Time, joins Brad and Jonathan to share actionable tips to build a framework that cuts through your perpetual state of busyness. For more information, visit the show notes at https://ChooseFI.com/168
167R | Should I Refinance My Mortgage?
Dropping mortgage rates prompt a conversation that explores the pros and cons of refinancing your mortgage at a lower rate. Plus, Steve Chen from NewRetirment joins the show to share the comprehensive retirement planning tools that his company has to offer. For more information, visit the show notes at https://choosefi.com/167R
167 | Learn Hustle Grow
Rob and Reshawn from Learn Hustle Grow discuss combining their finances and building a real estate portfolio. They talk about money mindsets, building a life together, paying down their home, working in sales and more. For more information, visit the show notes at https://choosefi.com/167
166R | It's a Small World After All
Find out more about the upcoming ChooseFI documentary series, Andrew and Zach's experiments in financial independence, and community corrections. For more information, visit the show notes at https://ChooseFI.com/166R
166 | Modern FImily With Court
Court joins the show to share how she and her wife tackled six figures of student loan debt and achieved financial independence in their early 30s with a family. For more information, visit the show notes at https://ChooseFI.com/166
165R | Do You Realize What You're Doing
Answers to several reader questions about investing efficiently for your financial freedom. Learn more about low-cost broad-based index funds or if you should max out your 401k early. Recent market volatility has provided an opportunity to test your investment resolve. Any low-cost broad-based index fund is a solid investment strategy, VTSAX is not the only option. Understanding the difference between Roth vs traditional options can help you plan your tax-efficient retirement. Fee-only advisors ...
165 | Do You Need a Budget? | YNAB
The founder of YNAB, Jesse Meacham, shares his story about: Finding your "non-negotiable" Introducing your spouse to FIRE Do you really need a budget? For more information, visit the show notes at https://ChooseFI.com/165
164R | What are the 5 Love Languages
Learn about the five love languages and how they can help you communicate with your partner better. For more information, visit the show notes at https://ChooseFI.com/164R
164 |Our Rich Journey | Amon & Christina Browning
Amon and Christina join the show today to share their journey to Financial Independence as two federal employees with young children. The couple was able to retire early in just eight years! For more information, visit the show notes at https://choosefi.com/164
163R | Roth IRA Conversion Ladder Case Study
An updated case study of the Roth IRA conversion ladder and a challenge for the community are some of the topics that Brad and Jonathan tackle today. For more information, visit the show notes at https://www.choosefi.com/163R
163 | Finding FI | Liz and Braden
Liz grew up with a single mom that struggled financially after getting divorced. Due to that, she had to learn how to budget at a very young age. She helped her mom pay off some debt over a period of years. Braden had a completely different relationship with money. He grew up in a well-off family, so he never had to worry about money. He did get a job at 16 because his parents wanted him to learn the value of hard work. Liz and Braden share their story of: • Landing over $100k in scholarships • ...
162R | There's Water In The Cup
Half full? Half Empty? Ehh... There's some water in the cup. Medical bills are never fun, but at least you met your deductible... at the very end of the year. Brad and Jonathan discuss building credit from ground zero, and reflecting a bit on Gretchin Rubin's "The 4 tendencies". In addition, we share a segment with Larry Hagner from the Dad Edge Alliance discussing the importance of financial intimacy. This is your Friday Roundup! For more information, visit the show notes at https://choosefi.co...
162 | The 4 Tendencies and FI
Although finding the path to FI can be exciting, it can be frustrating to have difficulty communicating this vision to your family and friends. Gretchen Rubin joins the show to shed some light on the four tendencies or people and how to communicate with each tendency. For more information, visit the show notes at https://ChooseFI.com/162
161R | Reignite
Welcome to the first Roundup of 2020! Brad and Jonathan share exciting announcements like: • Launch of Everyday Courage by Jillian Johnsrud • FI101 and the ChooseFI International Foundation • Updates To The Tax Code For more information, visit the show notes at https://choosefi.com/161R
161 | Money Letters 2 My Daughter | Jackie Cummings Koski
Jackie Cummings Koski shares her story of a single mom that made FIRE a reality. She proves that there is no one way to achieve FI. The goal can be accomplished by people from all walks of life and Jackie offers a unique perspective of FI. For more information, visit the show notes at https://choosefi.com/161
160R | Everyday Courage
The ChooseFI family is launching a new podcast today. Everyday Courage is officially live! Please take a moment to subscribe to Jillian Johnsrud's new podcast https://www.choosefi.com/everyday-courage
160 | End of Year Wins 2019
As we ring in the new year, it is time to celebrate our community’s wins. This episode is dedicated entirely to the wins that have happened throughout the community this year. The goal is to congratulate everyone on a fantastic year and inspire the community to continue to achieve amazing things next year. For more information, visit the show notes at https://choosefi.com/160
159R | From Solopreneur to Entrepreneur
It's the last Friday roundup of the decade! Learn how to level up your skills with: Everyday Courage New Year's Resolutions Building A Business with Intentionality For more information, visit the show notes at https://ChooseFI.com/159R
159 | The Business Coach Approach to Double Your Revenue | Jaime Masters
Jaime Masters has been a part of the personal finance space since 2011. It all started with a desire to share her story. Listen as she talks about time management, building a business, sales and marketing, and more. For more information, visit the show notes at https://choosefi.com/159
158R |Your Real Hourly Wage and Savings Rate Calculation
Learn how to calculate your real hourly wage and savings rate. We discuss Kim’s story shared on Monday’s episode, meal planning, and more. For more information, visit the show notes at https://choosefi.com/158R
158 | Real Hourly Wage | The Frugal Engineers
Kim from The Frugal Engineers shares her journey and the importance of determining your real hourly wage. Kim’s story goes from Boarding School to College to a real hourly wage to quitting her day job and building a business. For more information, visit the show notes at https://choosefi.com/158
157R | The Compound Interest Of Self Improvement
After learning more about habits with James Clear this week, Brad and Jonathan discuss the compounding interest of self improvement and turning intention into action. What’s covered in today’s show: • Building Habits • Identity Statements • Find Your Tribe …and more. For more information, visit the show notes at https://choosefi.com/157R
157 | Atomic Habits | James Clear
James Clear, author of Atomic Habits , shares his story. The conversation dives into the difference between systems and goals. How To See Through The Short-Term For The Long-Term The Compounding Effect How Identity Drives Your Habits Goals, Systems, and more For more information, visit the show notes at https://choosefi.com/157
156R | Coming Back From A Gap Year
A gap year might seem unthinkable for some but Noah and Becky share exactly how they navigated their gap year. Plus, Brad and Jonathan discuss emergency funds and your risk tolerance. For more information, visit the show notes at https://www.choosefi.com/156R