Mile High FI Podcast Mr. Money Mustache on Simplifying Your Finances (Live CampFI) | MHFI 229
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
- Pete Adeney
- Travis Hughes/Downshift Financial
- Mindy Jensen
- Mindy on Money scholarship
- Darren & Jolene/Dare to Draw Down
- Maggie Gunther
- Peter Singer, “The Life You Can Save”
- JL Collins
- FI Freedom Retreats
- Bill Perkins, “Die With Zero”
- 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
48:44 The Mindy takeover
55:18 Mindy comparing index funds vs real estate
1:02:58 New wave of FI