The Financial Independence Show

In this episode, The FI Show Guys take on questions submitted by the audience. Our audience is certainly an educated and savvy bunch, but we can all keep learning. So we opened up the hotlines and took on listener questions. Here are the topics we tackle in order: HELOCs vs. high-interest debt Credit card points Reducing taxes Side hustles Should you avoid PMI? What is a VPN? Got more questions? Send them our way! Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Grab our FREE Budget Planner Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFIshow [dot] com If you like what you hear, please subscribe and leave a rating/review! >> You can do that by clicking here << Learn More About Your Hosts CodyDBerman.com (Cody’s Blog) Saving-Sherpa (Justin’s blog)

Today's episode features Joe-Saul-Sehy and Emily Guy Birken, authors of the new book Stacked: Your Super-Serious Guide to Modern Money Management. Joe is a former financial advisor the hilarious mastermind behind the iconic Stacking Benjamins podcast. Emily wasn't classically trained in finance but had a passion for it and authored the very popular book The 5 Years Before You Retire (among others). Now, these two have joined forces to fill a space that has never been filled. A different kind of personal finance book that covers your entire financial journey with the right mix of expert insights and humor. Learn about everything from side hustles, to hiring a legit financial advisor, to planning for emergencies, to what’s new and exciting—and actually worth your time—in financial apps and software. If you’re looking for the same old get-rich-quick clichés, avocado toast shaming, or alphabet soup of incomprehensible financial terms, you won’t find them here. Instead, Saul-Sehy and Birken take you step by step along the way to financial success, with their signature blend of shrewd financial information and wacky humor. Links From the Episode Stacked: Your Super-Serious Guide to Modern Money Management Episode 98: Learning How to Stack Benjamins YouTube Interview https://youtu.be/VNmD-eC-Kms Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Grab our FREE Budget Planner Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFiShow [dot] com If you like what you hear, please subscribe and leave a rating/review! >> You can do that by clicking here << Learn More About Your Hosts CodyDBerman.com (Cody’s Blog) Saving-Sherpa (Justin’s blog)

Today's episode features Jabbar Adesada, a 20-year-old Marine who is targeting this year for financial independence! Jabbar was obsessed with basketball and poured all of his attention there, the only problem was he wasn't even getting to play. That, combined with his disobedience to do some work his preacher ask him to do made for a dramatic change brought on by Jabbar's father. His dad popped his basketballs and told him he had to read Rich Dad, Poor Dad... and that was the end of basketball for Jabbar. Jabbar goes on to join the Marines straight out of high school and starts to study the stock market and real estate like crazy. His persistence would lead to a house hack where he'd rent out four rooms and then later a luxury Airbnb property... all while essentially making minimum wage. He's currently hunting for more deals and projects that he'll reach FI after he closes on the next one. Do you know a young person who needs some inspiration, are you interested in real estate investing, or maybe you just want to hear a great story this is the episode for you! Links From the Episode Jabbar's Instagram Jabbar's TikTok Jabbar's Facebook YouTube Interview https://youtu.be/ZMH_XXBYf3Y Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Grab our FREE Budget Planner Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFiShow [dot] com If you like what you hear, please subscribe and leave a rating/review! >> You can do that by clicking here << Learn More About Your Hosts Fly to FI (Cody’s Blog) Saving-Sherpa (Justin’s blog)

Today's episode features Ali and Josh from The FI Couple. They found themselves in over $100k in debt and knew something had to change. Once they started tackling debt and real estate, they knew they had to share that with the world. So, from a middle-of-the-night idea, they built an Instagram in late 2020 and started putting in the work. In just a short time they built up almost 90k followers (as of Jan 2022), but it wasn't just blind luck. Ali and Josh are constantly experimenting and refining their processes in all of their entrepreneurial pursuits. Please share this episode with anyone you think could use a great story about starting a business with a couple, climbing out of debt, or building an Instagram audience. Links From the Episode The FI Couple Instagram The FI Couple Blog YouTube Interview https://youtu.be/ThapmUkFMLs Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Grab our FREE Budget Planner Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFiShow [dot] com If you like what you hear, please subscribe and leave a rating/review! >> You can do that by clicking here << Learn More About Your Hosts Fly to FI (Cody’s Blog) Saving-Sherpa (Justin’s blog)

Today's episode features Dan Sheeks author of First to a Million and founder of  Sheeks Freaks. Dan is a teacher in Colorado and is really changing the lives of young people and giving them a space where they can feel normal sharing their financial interests. He recently authored his first book (and workbook) First to a Million which was created in the hopes of spreading financial independence education to the young masses. This book could easily change the life of a young person in your life. Imagine if you got started at 16 down this path? We hope you're as excited to inspire the next generation is chasing FI/RE as we are. Please share this episode with any teen friends or family (or their parents) who might be interested! Links From the Episode First to a Million Book Dan's Website: Sheeks Freaks Sheeks Freaks Instagram Sheeks Freaks YouTube YouTube Interview https://youtu.be/1TYcmHDDMwU Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Grab our FREE Budget Planner Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFiShow [dot] com If you like what you hear, please subscribe and leave a rating/review! >> You can do that by clicking here << Learn More About Your Hosts Fly to FI (Cody’s Blog) Saving-Sherpa (Justin’s blog)

Today's episode features Caleb Guilliams, creator of BetterWealth and author of The And Asset. Caleb Guilliams' life would be forever changed by taking a simple job at a local bank. There, he would see what wealthy people did, but also see what people were doing that struggled to make ends meet. This would spark Caleb's interest in finance and the rest was history. Caleb kept climbing the ladder and was actually promoted to lead the entire investment division before even graduating college. In this episode, we not only get into Caleb's story but also a deep dive into an asset that most, like us, gave up a long time ago. Whole life insurance, yep, that old thing. There's too much to explain in a simple lead-in but if you have a high income and/or are looking for some additional flexibility to your current cash accounts, this episode is for you. Tune in to learn about the AND asset and how you can maximize your dollars. Share this episode with your friends, leave a review, and don't forget to check out more of what Caleb has to offer with the links below! Links From the Episode BetterWealth (website) The And Asset (book) The BetterWealth Vault (resources) Caleb's LinkedIn YouTube Interview https://youtu.be/2z89ob_OzeU Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Grab our FREE Budget Planner Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFiShow [dot] com If you like what you hear, please subscribe and leave a rating/review! >> You can do that by clicking here << Learn More About Your Hosts Fly to FI (Cody’s Blog) Saving-Sherpa (Justin’s blog)

Today's episode features Jannese Torres-Rodriguez who walked away from a successful career to focus on entrepreneurship full time. It wasn't an overnight success though, and it wasn't without some trial and error. After niching down and putting in a ton of work, her food blog, Delish D'Lites, started to take off (we're talking multi- six figures). Her story doesn't end there though. Jannese then used the online business skills she learned from her food blog and started teaching the LatinX community about personal finance through her brand Yo Quiero Dinero. Share this episode with your friends, leave a review, and don't forget to check out more of what Jannese has to offer with the links below! Links From the Episode Yo Quiero Dinero Podcast Delish D'Lites Food Blog Yo Quiero Instagram Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Grab our FREE Budget Planner Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFiShow [dot] com If you like what you hear, please subscribe and leave a rating/review! >> You can do that by clicking here << Learn More About Your Hosts Fly to FI (Cody’s Blog) Saving-Sherpa (Justin’s blog)

Today's episode features Reetu Maz who invested in one of the oldest traditional physical businesses at just 21 years old. Reetu saw an opportunity that meant taking on 60k of debt and decided to take the leap. She would take over a struggling grocery store and breathe new life into it including renovations and adding in a small restaurant. The craziest part? Reetu was able to do this while studying at University and also while creating prolific personal finance content on TikTok and Instagram. Share this episode with your friends, leave a review, and don't forget to check out more of what Reetu has to offer with the links below! Links From the Episode Reetu's Instagram Reetu's TikTok Reetu's Youtube Channel Reetu's Website YouTube Interview https://youtu.be/HAUCxF6MdSc Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Grab our FREE Budget Planner Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFiShow [dot] com If you like what you hear, please subscribe and leave a rating/review! >> You can do that by clicking here << Learn More About Your Hosts Fly to FI (Cody’s Blog) Saving-Sherpa (Justin’s blog)

In this episode, The FI Show Guys take an honest look at Dave Ramsey's 7 Baby Steps. While we believe Dave Ramsey has been a great gateway for a lot of people, there's a ton we just can't agree with. "Save 15%, never use credit cards, pay off all debt before investing"....these are just too prescriptive and not very optimal mathematically. We know there's a lot of Ramsey believers out there, and we welcome your feedback to this episode. If you're unfamiliar with the Baby Steps, here's a quick overview: Baby Step 1: Save $1,000 for your starter emergency fund Baby Step 2: Pay off all debt (except the house) using the debt snowball Baby Step 3: Save 3-6 months of expenses in a fully-funded emergency fund Baby Step 4: Invest 15% of your household income in retirement Baby Step 5: Save for your children’s college fund Baby Step 6: Pay off your home early Baby Step 7: Build wealth and give Know someone that blindly follows Dave's advice? Share this episode with them and show them there are more options out there! Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Grab our FREE Budget Planner Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFIshow [dot] com If you like what you hear, please subscribe and leave a rating/review! >> You can do that by clicking here << Learn More About Your Hosts Fly to FI (Cody’s Blog) Saving-Sherpa (Justin’s blog)

Today's episode features Sarah King from Nerds Guide to FI. Sarah gives us an in-depth honest review of her journey. She started as a Dave Ramsey follower, but quickly realized there was more to personal finance than just getting out of debt. Sarah would go on to build up a nice portfolio of rental properties before a divorce would bring her back to square zero. Since then, Sarah has rebuilt her portfolio and is now spreading financial education to the masses. Share this episode with your friends, leave a review, and don't forget to check out more of what Sarah has to offer with the links below! Links From the Episode Nerds Guide to FI Blog Nerds Guide to FI Instagram Nerds Guide to FI Podcast YouTube Interview https://youtu.be/VbkO0-4mFn4 Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Grab our FREE Budget Planner Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFiShow [dot] com If you like what you hear, please subscribe and leave a rating/review! >> You can do that by clicking here << Learn More About Your Hosts Fly to FI (Cody’s Blog) Saving-Sherpa (Justin’s blog)