Mile High FI Podcast

Mr. Money Mustache on Simplifying Your Finances (Live CampFI) | MHFI 229

Aug 20, 2024

01:11:52

Doug and Carl answer a potpourri of audience questions at CampFI Rocky Mountain with help from Mark Trautman (Mark’s Money Mind), Pete Adeney (Mr. Money Mustache), Travis Hughes (Downshift Financial), and Mindy Jensen (BiggerPockets Money/Mindy on Money).

On a scale of 1 to 10, how happy were you to see asparagus served in the cafeteria at CampFI?
What was the most embarrassing moment on the way to FI?
For Pete:
- How do you navigate a complex case study – how do you look at it, and how do you simplify?
- If we find ourselves in a really good situation it might be better to change the world a little bit while we’re still alive. Why do we have to wait until we’re dead?
- How do you feel about asparagus?
- Can you talk about your interest in coaching and why you enjoy it?
What has surprised you about post-FI life?
What is still on your bucket list to do post-FI?
As a recovering FIRED software engineer, I’m still too much into routines and planning. How do I introduce more spontaneity into my life post-FI?
What is your second favorite vegetable (besides asparagus)?
For Travis:
- Is a Roth conversion considered earned income? Is it income that can be deducted for HSA, rental loss, other business loss, capital gain loss?
What is the weird habit you do in the bathroom that you don’t want anyone to know?
What percentage of assets should be in bonds vs stocks and when should you rebalance?
Why is Emma so awesome?
For Mindy:
- What is your favorite part of CampFI?
- Compare and contrast index funds vs real estate
Any interest in a new FI movement – Sasquatch FI (whereby you pursue FI to find a life dedicated to traveling the world in search of the elusive, enigmatic Bigfoot)?
FI has changed a little bit from the early blogging days, so how do you see it shifting with “Die With Zero”? How do you see the new wave of FI?
David Lee Roth or Sammy Hagar?

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Links

(*Some affiliate links so we might earn a commission if you buy something)

CampFI
Mark Trautman
- Mark’s Money Mind website
- Mark’s Money Mind podcast
Pete Adeney
- Mr. Money Mustache blog
- Instagram
- Mr. Money Mustache, “Notes on Giving Away my First $100,000”
- Mr. Money Mustache, “How to Give Money (and Get Happiness) More Easily”
Travis Hughes/Downshift Financial
Mindy Jensen
- Email: mindy@mindyonmoney.com
- BiggerPockets
- BiggerPockets Money
Mindy on Money scholarship
Darren & Jolene/Dare to Draw Down
Maggie Gunther
Peter Singer, “The Life You Can Save”
- Hardcover
- Paperback
- Audiobook
JL Collins
FI Freedom Retreats
Bill Perkins, “Die With Zero”
- Kindle
- Hardcover
- Paperback
- Audiobook
Bob Haines on MHFI episode 210
Wim Hof
BJ on MHFI episode 217
Dan Sheeks/Sheeks Freaks
Early Retirement Extreme
Heavy Metal Money
Mile High FI Facebook Group
Doug’s site
Carl’s blog: 1500 Days

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**Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won’t even make such a claim. You shouldn’t take the info as financial, legal, or tax advice. We aren’t certified financial planners or advisors. We’re not qualified for much. So get advice from professionals.**

Brought To You By:

The Doug Show, aka Affiliate Marketing & Side Hustles

1500 Days, Carl’s Blog about Early Retirement

Email us here: doug@milehighfi.com or carl@milehighfi.com

0:00 Introduction

3:35 Most embarrassing FI moment

10:26 Pete discussing Case Studies

16:50 Giving back with Pete

22:23 Post-FI life

28:03 Introducing spontaneity

34:08 Travis discussing Roth Conversions

41:42 Asset allocation & rebalancing