• Summary

  • 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.
    © 2019-2023 Choose FI. All Rights Reserved. Disclaimer: The information contained in this podcast is for general information purposes only. In no event will we be liable for any loss or damage derived from the information provided.
    Show more Show less
activate_WEBCRO358_DT_T2
Episodes
  • 506 | ProjectionLab | Kyle Nolan
    Aug 26 2024

    In this episode: entrepreneurship, side hustles, overcoming fear, community, sharing and maintaining passion projects.

    This week we are joined by Kyle Nolan, creator and founder of ProjectionLab, where we will be discussing how he left his 9 to 5 to pursue a passion project, some of the challenges and realizations he’s faced while creating his software, as well as the importance of investing in your interests regardless of the risk or self-doubt you may feel. The journey to FI offers many things, such as freedom and autonomy to pursue new things, but it’s important to remember that you don’t have to wait until you reach FI to start investing in things that are of value to you! By pouring yourself into something that interests you will always guarantee a payback!

    🔑 Key Themes Discussed:
    • Kyle’s journey from traditional employment to entrepreneurship.
    • The development and impact of ProjectionLab in the FI community.
    • The role of personal passion in creating and growing a side hustle.
    • Overcoming fear and indecision when launching a new venture.
    • The importance of a supportive community in achieving financial independence.
    🕒 Chapters:
    • Introduction to Kyle Nolan and ProjectionLab
    • Kyle’s background and the start of his FI journey
    • The motivation behind creating ProjectionLab
    • The challenges and rewards of entrepreneurship
    • The pivotal moment of launching ProjectionLab on Hacker News
    • The significance of mental headspace in pursuing side projects
    • Brad’s reflections on proof of concept and personal finance journey
    • How to encourage children to explore their passions in technology
    🔗 Mentioned Links and Resources:

    • ProjectionLab (Use Code "CHOOSEFI" for 10% off!)
    • Richmond Savers
    • Subscribe to The FI Weekly!
    More Helpful Links and FI Resources:
    • Top 10 Recommended Travel Rewards Credit Cards
    • Empower: Free Dashboard to Track Your Finances
    • CIT Bank Platinum Savings Account
    • M1 Finance: Commission-Free Investing, 1-click rebalancing
    • CashFreely: Maximize Your Cash Back Rewards
    • Travel Freely: Track all your rewards cards and points
    • Emergency Binder: For Your Family’s Essential Info (code ‘CHOOSEFI’ for 20% off)
    • Student Loan Planner: Custom Consult (with $100 Discount)
    • Get a cheaper phone plan with Mint Mobile
    Show more Show less
    1 hr and 3 mins
  • 505 | Mailbag: Getting Started with FI, Debt vs. Investing, Dividends, 4% Includes Taxes?, Roth 401k | Rachael Camp
    Aug 19 2024
    In this episode: debt and investing, the 4% rule, Roth 401k and traditional 401k, and total return investing. This week we are back with a listener Mail Bag featuring returning guest Rachael Camp! Together, we will be answering questions and giving our feedback on nuanced topics asked by the community! Listen along for discussions about the 4 percent rule, how taxes are factored into your FI number, investing in dividends, paying down debt versus investing, and finally a shortlist of actionable steps one could take if they are young and beginning their FI journey. There is much to discuss and so much more to learn this week as we tackle your FI questions! Rachael Camp offers advisory Services through Creative Financial Designs, Inc., a Registered Investment Adviser, and Securities are offered through cfd Investments, Inc., a Registered Broker/Dealer, Member FINRA & SIPC, 2704 S. Goyer Rd., Kokomo, IN 46902. 765-453-9600. Camp Wealth is not affiliated with the CFD companies. 🔑 Key Themes Discussed: Introduction to Financial IndependenceDebt vs. InvestingThe 4% Rule and TaxesRoth 401k vs. Traditional 401kDividends vs. Total Return InvestingSecond Generation FI 🕒 Chapters: Getting Started with FIDebt vs. Investing4% Rule and Tax ImplicationsRoth 401k vs. Traditional 401kDividends vs. Total Return InvestingSecond Generation FI 🔗 Mentioned Links and Resources: Find Your Local ChooseFI Facebook GroupPreparing for the Cost of College | Brian Eufinger | ChooseFI Ep 460How To Test Out of College While You’re Still In High School | Millionaire Educator | ChooseFI Ep 238How to Access Your Retirement Accounts Before 59.5 | Sean Mullaney | ChooseFI Ep 475Subscribe to The FI Weekly! More Helpful Links and FI Resources: Top 10 Recommended Travel Rewards Credit CardsEmpower: Free Dashboard to Track Your FinancesCIT Bank Platinum Savings AccountM1 Finance: Commission-Free Investing, 1-click rebalancingCashFreely: Maximize Your Cash Back RewardsTravel Freely: Track all your rewards cards and pointsEmergency Binder: For Your Family’s Essential Info (code ‘CHOOSEFI’ for 20% off)Student Loan Planner: Custom Consult (with $100 Discount)Get a cheaper phone plan with Mint Mobile
    Show more Show less
    1 hr and 13 mins
  • 504 | Visualizing Your Domino Effect | Devon
    Aug 12 2024

    This week on ChooseFI, Brad welcomes Devon, a 22-year-old National Guard member and aspiring mechanical engineer, to discuss the power of intentionality and personal finance! Together, Brad and Devon explore how small, deliberate actions can create a domino effect in shaping one's financial future. Devon shares his journey from joining the National Guard at 17 to discovering financial independence through ChooseFI, and how his disciplined approach to life has led him to save for his first home, maximize military benefits, and even inspire his peers.

    🔑 Key Topics Discussed:

    • The Domino Effect: How Small Actions Lead to Big Changes
    • Financial Independence: Starting Young and Staying Disciplined
    • Maximizing Military Benefits: Tuition Assistance and Beyond
    • Real Estate Goals: Saving for a Down Payment with Intentionality
    • Mentorship and Networking: Learning from Industry Professionals
    • Practical Financial Tips: Budgeting, Saving, and Investing Wisely

    🕒 Chapters:

    • Introduction to Devon's Story and His Early Start in FI
    • The Domino Effect: How Devon Visualizes His Financial Future
    • Navigating College and Military Life: Tuition, Benefits, and Budgeting
    • Saving for Real Estate: Devon's Plan to Buy His First Home
    • Mentorship and Networking: Building a Successful Career Path
    • Practical Financial Tips for Young Adults and Military Members
    • Intentional Living: Balancing Work, School, and Personal Goals
    • Key Takeaways and Final Thoughts

    🔗 Devon's Links and Resources Mentioned in the Show:

    • Devon's Website: Freedom By the Day
    • Liberated Mind Library Instagram
    • Contact Devon via Email: Freedombytheday@gmail.com
    Show more Show less
    1 hr and 12 mins

What listeners say about ChooseFI

Average customer ratings
Overall
  • 5 out of 5 stars
  • 5 Stars
    8
  • 4 Stars
    1
  • 3 Stars
    0
  • 2 Stars
    0
  • 1 Stars
    0
Performance
  • 5 out of 5 stars
  • 5 Stars
    8
  • 4 Stars
    1
  • 3 Stars
    0
  • 2 Stars
    0
  • 1 Stars
    0
Story
  • 5 out of 5 stars
  • 5 Stars
    9
  • 4 Stars
    0
  • 3 Stars
    0
  • 2 Stars
    0
  • 1 Stars
    0

Reviews - Please select the tabs below to change the source of reviews.

Sort by:
Filter by:
  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

Relatable, educational, fun!

Jonathan does an amazing job cultivating insight from his guests. He actively listens to understand and asks clarifying questions. I love listening and learning on my FI journey!

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

A fantastic perspective adjuster!

There's so many nuggets I'm glad I now know! Here's to the future! Thank y'all!

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

love these guys and the subject

starting from the beginning years later i love the topics and how down to earth they are. I know they are way beyond this point now. hope that doesn't get to their head. but awesome so farr

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

Excellent information

So far this podcast has been life changing. I have learned so much about reducing debt, increasing income and so much more.

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!