The Financial Independence Show

Today's episode features Jake Cousineau soon to be Author of  How to Adult: Personal Finance for the Real World. You might even recognize Jake from his $50k Wheel of Fortune payday! Jake is now hoping to increase the odds of winning at life for young adults across the country. We talk to Jake about why he decided to build this financial guide to life and the lessons he has learned actively teaching the next generation of the FI/RE community. Share this episode with that rising senior or new college student in your life, but for now, sit back and take a listen. Links From the Episode Jake's Email: jake@htapersonalfinance.com Website: HTA Personal Finance Twitter: https://twitter.com/htafinance 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 from Sheeks Freaks who has created a place for teens that are "obsessed" with making smart financial decisions. Dan is a teacher in Colorado and is really changing the lives of young people and giving them a place where they can feel normal sharing their financial interests. It's obvious through all the success stories he highlights that this is working and was a needed niche. We hope you're as excited to hear how the next generation is chasing FI/RE as we are. So sit back and take a listen. Links From the Episode Dan's Website: Sheeks Freaks Sheeks Freaks Instagram Sheeks Freaks YouTube 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 is another one led by your awesome Co-hosts (Justin & Cody). The topic today is all about the mental part of our journeys to financial independence. Good and Bad. Depression, joy, grit, relaxing, purpose, people...this episode has it all. So take a moment and hear from the FI Show guys as they open up the curtain on mental hurdles they've faced and the strategies they've used to overcome them. Highlights From the Episode Realizing it's not about the money Finding your tribe Working too hard Comparison: the thief of joy Finding purpose Giving back ....And much more 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 David Wood from Focus.ceo who has become one of the biggest life coaches and has helped 150k+ people. David spent over 20 years building a career as a consulting actuary for Fortune 100 companies. David helps high-performing entrepreneurs, executives and teams to identify and master their tough conversations, becoming the leaders they themselves would follow. There are so many awesome techniques that David shares. So sit back and try them out yourself while you listen. Links From the Episode Click here to get the following gifts from David: Cheat sheet for doubling revenue Video on achieving more in less time 15 minute live audit on doubling revenue And a 35 minute workshop David's Website: Focus.Ceo 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 Marlys Woods who created her own business, Get in Tune Music Therapy, where she uses music as a tool to help her clients reach new heights. Never heard of musical therapy? Neither had we but it's very interesting. She pairs what she loves about music with psychology. The most common use case for this is for developmental issues or speech rehab. But it's also possible to use music as a tool for everyday productivity and releasing stressors. Marlys focuses on addiction which was her focus after her undergrad degree. She turned this into a full-fledged business where she employs other contractors to all help patients through their recovery utilizing music. Take a listen and learn about yet another amazing example of designing a life that brings you happiness and purpose. Links From the Episode Contact Marlys: Website: Getintunemusictherapy.com Instagram: @GetInTuneMusic Money Emotions & Music: Program coming soon for managing emotions on your financial independence journey!  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 rounds out our series on utilizing your location as a tool to financial independence and is led by just thew of us hosts. You may hear this idea called geo-arbitrage. We wanted to pick two locations where we would actually like to take a test run of financial independence in a foreign country. Cody picked Santiago, Chile and Justin picked Porto, Portugal. This episode covers an honest and holistic look at what it would cost for a couple to live in these countries while still really exploring and enjoying them. Take a listen and consider where you'd move if you had the freedom. Santiago, Chile Housing - $500 for a one BR apartment - Comes with parking, laundry, gym, BBQ and pool Utilities (Electricity, Heat, Cooling, Water, Garbage) $135 per month Cost of Flights to Other Locations - Flights around South America starting as low as $35. - $385 to get back to  Cody's home in New England Restaurant Samplings - Simple meal at inexpensive restaurant costs $5 Grocery Samplings - $30-35 per week. With mostly fish, vegetables, beans, eggs, “healthy” pasta, fruits, and smoothies Phone/Internet - $45 per month Public Transportation - Taxis will take you anywhere for less than $10 - Average of $150 per month (per expat survey) Healthcare - Ranked 33 out of 190 countries (similar to Australia and Denmark and many of the doctors speak english) - $100-120 for healthy adult expat insurance Visa Requirements (how long can I stay?) - 90 days (plus can pay $100 for another 90 day extension) Weather - Coldest months are June and July with average highs of 61 degrees Fahrenheit - Only downside is that it rains 4-5 days per week Total cost = $1650/month 500 housing 135 utilities 120 groceries 250 restaurants 45 phone/internet 100 transport 120 healthcare 400 entertainment $19,800 per year   Porto, Portugal Housing - $833 for a one BR apartment in heart of the city - Comes with parking, laundry, wifi, all utilities Utilities (Electricity, Heat, Cooling, Water, Garbage) Included Cost of Flights to Other Locations - Flights around Europe starting as low as $25. Paris: $25 Barcelona $49 Milan $53 - $670 to get back to  Justin's home in Austin Restaurant Samplings - Simple meal at inexpensive restaurant costs $6 - Anthony Bordain visited restaurant also serves $1.80 martinis Grocery Samplings - $40 per week. $2.60/lb chicken, $1.30/lb pork, $0.75 fresh bread, $0.90 apples, $2.50 bottle of wine as examples Phone/Internet - Wifi is free, 22gb data and unlimited call cell phone for $18 Public Transportation -Amazing train system for very cheap which I factor into "Travel" Healthcare - Emergency room visits are free - Research shows ~$40 per month for plans Visa Requirements (how long can I stay?) - 90 days with just the passport - Full citizenship appears attainable if you can prove you have healthcare as well as stable income source to fund your retirement Weather - Lowest highs are 57 degrees December/January - Highest highs are 77 degrees in July/August Total cost = $1770/month (for a couple) 833 housing 140 groceries 300 restaurants 18 phone/internet 80 healthcare 400 entertainment (includes transportation) $21,240 per year   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 Jim White from Route to Retire. We're continuing our series on geoarbitrage which is the act of purposefully moving to a location for monetary benefits such as lower cost of living or tax treatment. Jim and his family utilized a traditional corporate job to amass a nest egg large enough to retire in his early 40s. They were conservative enough to save for a life in the U.S. but wanted to find a lower price point abroad. Jim poured over the research and took a successful test run to Panama. The rest is history and Jim and his family now live there full time. They live a vacation life on an ordinary budget. Take a listen and consider where you'd move if you had the freedom. Links From the Episode Follow along with Jim's Net-worth Roth IRA conversion calculator Cost of living in Panama Investment drawdown plan 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 Mr. Nomad Numbers from Nomad Numbers. This begins our series on Geo-arbitrage which is the act of purposefully moving to a location for monetary benefits such as lower cost of living or tax treatment. Mr. &. Mrs. Nomad numbers were living in California and realized they could jump ship and retire. They chose to move to Taiwan where they could obtain a 3yr gold-card which would allow them to live there full time. Mr. NN also gives us the breakdown of how Taiwan has battled Covid-19 so effectively and what it was like going through that process. We're excited to bring you some guests who took their freedom to the next level and moved abroad. Take a listen and consider where you'd move if you had the freedom. Links From the Episode Taiwan Gold Card https://taiwangoldcard.com/goldcard-holders-faq/at-work/#can-i-just-not-work-at-all https://www.nomadnumbers.com/taiwan-employment-gold-card-application-guide/ Other Helpful Links https://www.nomadnumbers.com/cost-of-living-stuck-in-taiwan-during-the-pandemic/ https://www.nomadnumbers.com/slow-travel/ https://www.nomadnumbers.com/design-your-ideal-life/ https://www.nomadnumbers.com/top-tips-save-money-airbnb-guide/ Nomad Numbers Cost of Living Around The World Map 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 your two podcast hosts, Justin & Cody. The cover guest questions on topics like medical bill negotiations, pricing, plan types, coverage when traveling, and more. They also let listeners in on exactly how they get their coverage now, and for Justin, how he plans to manage this once he no longer has that W-2 job. This topic is crucial for everyone listening so don't miss this one. Links From the Episode https://uncoveredhc.com/blog/the-top-healthcare-transparency-sites-2019/ https://www.icd10data.com/ICD10CM/Codes ehealthinsurance.com healthcare.gov https://uncoveredhc.com/blog/how-to-choose-the-best-health-insurance-for-2020/ https://uncoveredhc.com/blog/paying-for-health-insurance/ 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 the healthcare expert Scott Heiser who authored Healthcare is Making Me Sick. Scott is leading the charge on making healthcare understandable for all. He covers how new transparency data tools are empowering us as healthcare consumers and how best to handle your medical bills. This topic is crucial for everyone listening so don't miss this one. Summary Scott shares transparency data tools and how they're changing healthcare shopping Medical tourism is possible even within the United States You haggle for a used car, why not the payment on a knee replacement? Are non-profit hospitals raking in cash? And much more Reach out to Scott Book: Healthcare is Making Me Sick Website: UncoveredHC.com 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)