Taking Action for Financial Goals

The speakers discuss their financial journeys and emphasize the importance of taking action to achieve financial goals. They share how they were inspired by different resources, including a blog and the idea of early retirement, and highlight the significance of surrounding oneself with like-minded individuals.

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Deep in the forest, a secret financial independence summer camp is being held. Multiple times a year, all across the country, millionaires, financial freedom achievers, and those still on or just starting their FIRE journey meet up for a weekend like no other. Those who have achieved FIRE in their 30s, 40s, and 50s give advice, tips, and tactics to those who want to leave their jobs behind and see what a life of financial freedom feels like. It’s such a can’t-miss event that Mindy and Scott are regulars there too!

Of course, we’re talking about CampFI, where you can roast marshmallows, talk about Roths, scheme with other investors on the best way to make millions, or simply meet the financial independence heroes you’ve only seen online. Throughout the year, these camps are held in every corner of the country, and today, you’ll get to hear exactly what happens around the campFIre.

For that, we brought on CampFI founder Stephen Baughier to tell us more about this exclusive financial independence experience and his own journey to FI. After a tough wake-up call in his mid-30s, Stephen made it his goal to reach financial freedom, but not on the fast-paced schedule most FIRE chasers think of. Hear how Stephen was able to downsize his life, cut his spending, and have ultimate time freedom without having to work his tail off!

In This Episode We Cover

The one thing that made Stephen reevaluate his financial decisions in life

Downsizing, cutting spending, and how to reach financial freedom faster

Advice from millionaires and those who’ve already achieved FIRE

CampFI costs, activities, events, and why you MUST attend

Why you can (and SHOULD) slow down your path to FIRE

Scott’s accidental run-in with a fireside cult-like chanting circle

And So Much More!

Links from the Show

BiggerPockets Money Facebook Group

Network with Other Investors on The Path to FIRE Through the BiggerPockets Forums

Finance Review Guest Onboarding