ChooseFI
ChooseFI
How would your life change if you reached Financial Independence and got to the point where working is optional? What actions can you take today to make that not just possible but probable. Jonathan & Brad explore the tactics that the FI community uses to reclaim decades of their lives. They discuss reducing expenses, crushing debt, tax optimization, building passive income streams through online businesses and real estate and how to travel the world for free. Every episode is packed with actionable tips and no topic is too big or small as long as it speeds up the process of reaching financial independence.
Episodes
Mentioned books
51 snips
Jan 6, 2025 • 49min
The Purpose Code | Jordan Grumet | 528
Jordan Grumet, author of "The Purpose Code" and host of the "Earn and Invest" podcast, dives into the fascinating differences between "big P" and "little p" purpose. He shares insights on how small, joyful activities can enhance life satisfaction, while emphasizing the importance of ‘purpose anchors’ that light us up. Jordan provides actionable strategies for creating meaning through incremental changes, encouraging listeners to focus on enjoyment over traditional success. His reflections on mortality and community further enrich the discussion on living a fulfilled and purposeful life.
33 snips
Dec 30, 2024 • 58min
Buy What You Love Without Going Broke | Frugal Friends | Ep 527
Join Jen and Jill, co-hosts of the Frugal Friends podcast and co-authors of "Buy What You Love Without Going Broke," as they explore the balance between frugality and financial freedom. They discuss the 'no spend challenge' and how it fosters creativity while reducing decision fatigue. Delve into the psychological aspects of spending driven by dopamine, and discover the 'Four F's'—family, friends, faith, and fulfilling work—that should guide financial choices. Embrace life as an experiment to align spending with your core values.
25 snips
Dec 23, 2024 • 1h 16min
2024 Year-End Celebration: Inspiring Wins from the ChooseFI Community | Ep 526
Listeners celebrate their remarkable financial wins and transformations, highlighting the power of financial independence. Inspiring stories include a nomad prioritizing experiences, a parent setting up early financial education for their child, and a family mastering cash flow amidst challenges. Participants share strategies for achieving maximum retirement contributions and embracing unconventional paths to wealth. This celebration of achievements fosters community support and encourages ongoing conversations about finances and life choices.
27 snips
Dec 16, 2024 • 1h 15min
Travel Builds Connections and Unlocks Rewards | Ep 525
Lynn Mettler, a travel journalist and creator of Families Fly Free, shares her expertise on maximizing travel rewards, especially with Southwest Airlines. Sean Mulaney, a tax expert from fitaxguy.com, discusses strategies for optimizing taxes and accessing retirement accounts early. The conversation highlights the life-changing power of travel for building connections, embracing risks, and growing personally. They also touch on the upcoming changes in Southwest's seating policies and innovative community engagement opportunities.
14 snips
Dec 9, 2024 • 51min
Beyond Numbers at the Bali Retreat | Ep 524
Mark Trautman, host of Mark's Money Mind and a seasoned member of the FI community, joins Christine Wheatley, a Nashville business owner, to explore life beyond numbers. They highlight the power of community at the FI Freedom Retreat in Bali, discussing how these connections foster personal growth. Christine shares her experience managing her tours while embracing extended breaks for rejuvenation. They emphasize that financial independence involves not just financial mastery, but also deep emotional exploration and the value of sabbaticals.
24 snips
Dec 2, 2024 • 1h 2min
Getting Personal with Personal Finance: Katie Donegan & Ginger | Episode 523
Katie Donegan, a financial independence advocate, shares her transformative journey from skepticism to embracing FI. She highlights how Mr. Money Mustache's wisdom shifted her perspective and the challenges of balancing financial freedom with responsible spending. Katie discusses the impact of comparison culture on happiness and the importance of vulnerability in connecting with others. With insights on overcoming internal blocks and finding purpose, she emphasizes living intentionally while navigating the complexities of life post-FI.
22 snips
Nov 25, 2024 • 1h 3min
How Kyle and Jamie Got Back to Basics and Found Balance on the Path to FI
Kyle Holmson, a medical resident, and his wife Jamie share their extraordinary journey of paying off $123,000 in student loans in just three years. They highlight the importance of simplifying life and focusing on core values, such as health and relationships, over financial optimization. The couple emphasizes celebrating small wins on their path to financial independence, advocating for meaningful experiences with loved ones. Their approach to fitness also underscores the benefits of simplicity and consistency in health routines.
21 snips
Nov 18, 2024 • 1h 7min
Mailbag | Backdoor Roth IRA, 4% Rule & 401k Strategies for Retirement Planning | With Rachael Camp | 521
Rachael Camp, a Certified Financial Planner, joins to unpack essential retirement strategies. They dive into the backdoor Roth IRA, a clever option for high earners to bypass contribution limits. The conversation highlights the critical role of company matches in retirement accounts and offers alternatives for those without a 401(k), like HSAs and traditional IRAs. They also tackle asset allocation complexities and the importance of cash reserves to mitigate sequence of returns risk, along with key insights into real estate investing.
48 snips
Nov 11, 2024 • 59min
Fit Rich Life | Justin David Carl | Episode 520
Justin David Carl, founder of Fit Rich Life, recounts his inspiring transition from $80,000 in debt and a chaotic Hollywood career to achieving financial independence and fitness mastery. He shares the pivotal moment prompted by a podcast that altered his perspective on money. Justin emphasizes the importance of environment, community, and accountability in transforming one's life. He also highlights the necessity of tracking both financial and fitness metrics, asserting that meaningful change begins with measurement and a growth mindset.
21 snips
Nov 4, 2024 • 55min
Getting Personal with Personal Finance: Ginger & TJ | Episode 519
Join an inspiring discussion where financial independence takes center stage! Hear about the journey of intentional savings and family life. Discover the importance of tracking net worth and having regular financial meetings to stay on course. The couple candidly shares their resilience during a health crisis, highlighting the power of community support. They emphasize flexibility in financial planning and maintaining a positive mindset when faced with challenges. Practical tips galore for navigating life's financial hurdles with optimism!
