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
14 snips
Sep 9, 2024 • 1h 9min
508 | 5% SWR, Revealed Preferences, and the 3 Stories | Frank Vasquez
Frank Vasquez, a personal finance expert and host of Risk Parity Radio, shares his journey from law to financial independence. He discusses the intriguing concept of a 5% safe withdrawal rate and how revealed preferences influence our financial decisions. Frank introduces three life stories that shape his perspective: the Curious Child, the Starfish Thrower, and the Mexican Fisherman. The conversation emphasizes the impact of narrative psychology on personal finance, along with practical insights on community engagement and living purposefully after achieving financial independence.
7 snips
Sep 2, 2024 • 1h 9min
507 | Taking the Fear Out of Your Future | Ginger roundup
This discussion dives into overcoming fears and anxieties on the path to financial independence. The importance of community connections is highlighted, showcasing heartwarming personal stories and frugal wins. Listeners learn about the nuances of new 529 plans and strategies for maximizing educational savings. Emphasizing personal growth, the hosts explore how experiences, both challenging and uplifting, shape our financial journeys. Overall, the conversation encourages embracing change for a fulfilling future.
21 snips
Aug 26, 2024 • 1h 3min
506 | ProjectionLab | Kyle Nolan
Kyle Nolan, founder of ProjectionLab and a former software engineer, shares his inspiring transition to entrepreneurship. He discusses the journey of turning passion projects into meaningful businesses, the challenges of launching a new venture, and the importance of community support. Nolan emphasizes that investing in personal interests can yield significant rewards, even before achieving financial independence. He also highlights the transformative impact of financial planning tools, making it easier for users to visualize their paths toward financial freedom.
32 snips
Aug 19, 2024 • 1h 13min
505 | Mailbag: Getting Started with FI, Debt vs. Investing, Dividends, 4% Includes Taxes?, Roth 401k | Rachael Camp
In this engaging discussion, Rachael Camp, a financial advisor with expertise in financial independence, shares her insights on various listener queries. They dive into the nuances of debt versus investing, the 4% rule, and how taxes impact financial goals. Rachael explains the differences between Roth and traditional 401ks, and the importance of prioritizing total return over high dividends. She emphasizes actionable steps for newcomers on their financial independence journey, making complex topics accessible and actionable.
20 snips
Aug 12, 2024 • 1h 12min
504 | Visualizing Your Domino Effect | Devon
In this engaging discussion, 22-year-old Devon, a National Guard member and aspiring mechanical engineer, shares his inspiring journey towards financial independence. He reveals how small, intentional actions can create a powerful domino effect in shaping one’s financial future. Devon emphasizes the importance of maximizing military benefits like tuition assistance and saving for his first home. He also explores practical financial tips for young adults, mentorship, and the significance of networking in building a successful career.
7 snips
Aug 5, 2024 • 1h 14min
503 | Deep Dive: Roth IRA Conversion Ladder
Cody Garrett, a financial expert from Measure Twice Money, joins to explore the Roth IRA conversion ladder, a powerful strategy for accessing retirement funds early. The conversation dives into the intricacies of tax planning, including the five-year bridging period and its implications. They discuss the impact of Roth conversions on health insurance subsidies and penalties for early withdrawals, with insights on avoiding unexpected costs. Cody emphasizes meticulous long-term financial planning to optimize income and propel listeners towards financial independence.
7 snips
Jul 29, 2024 • 1h 1min
502 | Making FI Fun Again | Roundup
Ginger, an expert in frugality and travel rewards, joins the discussion to revive the joy of financial independence journeys. They dive into essential travel rewards tips and the clever use of companion passes for flights. Listeners gain insights on intentional spending, the joys of family travel, and the importance of navigating expenses strategically. Ginger and Brad also share personal stories from their travels, alongside tips for maximizing rewards and minimizing costs, making this a treasure trove for anyone looking to make frugality fun!
27 snips
Jul 22, 2024 • 1h 6min
501 | It ALL worked. ALL of it. | Connie
Connie shares her inspiring FI journey, discussing health insurance, IRA conversions, and maximizing travel rewards. She critiques Dave Ramsey's debt relief approach, optimizes saving strategies for education, and shares tips for optimizing taxes and Roth conversions. The episode also includes a delightful amusement park encounter and personal stories of pursuing financial independence.
12 snips
Jul 15, 2024 • 48min
500 | Choose Financial Independence Today
Exploring the path to financial independence, setting clear retirement goals, negotiating salary increases, building a supportive community, and reframing saving as buying security. The hosts celebrate 500 episodes by sharing practical advice and insightful financial strategies for achieving FI.
21 snips
Jul 8, 2024 • 1h 6min
499 | Overcoming Limiting Beliefs | Jess - Fioneers
Guest Jessica from The Fioneers discusses overcoming limiting beliefs on the FI journey. Strategies include identifying, questioning, and seeking support to empower oneself. Examples of fears and doubts are addressed, encouraging confidence and mindset transformation for financial independence.
