The Godfather of FI Talks Fatherhood | JL Collins | 149
Catching Up to FI
Intro
This chapter explores a parent's journey in teaching their child important financial principles, revealing the challenges and turning points along the way. It highlights the daughter's growth and independence as she applies these lessons to her college experience and career choices.
Mention financial independence and one of the first names that come up is JL Collins, author of the bestselling book 'The Simple Path to Wealth'. In fact, he is affectionately known as the Godfather of FI. One million copies and 10 years after its original publication, JL back with a shiny new, revised and expanded edition... and it just hit the New York Times Bestseller list!!!
We know you've heard and seen JL all over the place because he is a BIG deal. But we uncovered some intriguing facts about his life and career that isn't often talked about (we're just curious like that). Here are five things you probably didn’t know about JL Collins that we discuss in this episode:
- Before he ever started writing about financial independence, he worked in the magazine publishing industry.
- He was a job-hopper throughout his career to make more money and took lots of sabbaticals because he liked working, just not all the time.
- He started writing his blog to teach is daughter (Jessica) about investing, problem was… she wasn't listening when she was a kid.
- His daughter (Jessica) is now in her thirties and turns out, she has gained a deep understanding of his teachings (way more than he originally thought). She’s now firmly on the path to FI and just left her corporate job.
- His daughter Jessica was part of his team in updating the new version of ‘The Simple to Wealth’ and getting to work so closely with her was the most gratifying part for him as a dad.
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📘 How I Lost Money in Real Estate Before It Was Fashionable: A Cautionary Tale
⏰ ‘Catching Up to FI’ Episodes referenced
Pathfinders: Triumphs and Trials on the Road to Financial Independence | JL Collins | 070
Pathfinders: Stories of Success and Financial Independence | JL Collins | 069
F-You Money Part 2 | JL Collins | 024
F-You Money Part 1 | JL Collins | 023
Mr 4% is now Mr 5% | Bill Bengen | 111
Sustainable FIlosophy with Mr. Money Mustache | Pete Adeney | 073
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⚠️Disclaimer: Our content is for general education and information purposes only. We are not providing financial, legal, or tax advice. Always do your own research or consult a professional before making important decisions.
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