Joining Craig and Zeona on the show is JL Collins, one of the founding fathers of the FI movement and the author of “The Simple Path to Wealth”. He is set to release a new book titled “How I Lost Money in Real Estate Before it was Fashionable”.
In this episode, JL explains the concept of “F-You money” and the virtuous circle that occurs when people go down the path to FI. He then talks about his books, what it was like to teach his daughter what he knows about finances, and how he achieved FI as an active investor who later went passive.