1min snip

ChooseFI cover image

Inherited Account Deep Dive, Barista FI and Saving When Starting a Business | Rachael Camp | Ep 534

ChooseFI

NOTE

Embrace Risk After Coast FI

The emerging trend within the financial independence (FI) community emphasizes achieving Coast FI—where one can stop aggressively investing and let their savings grow—rather than aiming for complete retirement. Individuals are increasingly recognizing the benefits of reaching Coast FI early, allowing them to take calculated risks in their careers or businesses without the pressure of financial constraints. This approach contrasts with the traditional glorification of reckless spending and debt among entrepreneurs, showcasing a more strategic perspective on risk that aligns with personal financial stability. By maintaining consistent personal spending and reallocating funds toward business ventures, individuals gain the freedom to invest in growth without lifestyle inflation.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode