Choosefi | Financial Independence Podcast For The Stealth Wealth Community

In this episode: real estate investing, the fundamentals of real estate investing, real estate investing variables, interest rates, and private money financing. With today's real estate market is it even possible to get some skin in the game as an investor? While thing's aren't exactly optimal for buyers right now, if you are creative and informed with your decision making, it is absolutely possible to get in the game! Listen along as Coach Carson joins the show to discuss how this is still possible and ways the small and mighty investors continue to succeed in the real estate market! Chad Carson Website: coachcarson.com YouTube: Coach Carson TV Podcast: Real Estate and Financial Independence Podcast Timestamps 1:13 - Introduction 2:09 - Elephants In The Room 5:41 - What Is The Market Doing? 9:13 - Interest Rates 17:32 - Do You Even Go To A Traditional Bank Anymore? 24:28 - Unknown Variables 28:50 - Private Money Financing 38:15 - It Always Comes Down To Earnings 44:23 - Surviving 2008 51:08 - The C

In this episode: College Hacking, College Credits for less, ACE Courses, CLEP Exams, and The Most Cost Efficient Bachelors Degree A college education may be the most daunting expense members of the FI community have on their horizon. As we all know by now, the cost of modern higher education has skyrocketed and has shown virtually no signs of decreasing or even leveling off! However Gerry Born, also know as the Millionaire Educator, may have found a way to reduce the overall cost of said education while still retaining the aspect of freedom we in FI community hold so dearly. Listen along to see if this alternative path to a college degree could be applicable towards you or your loved one's futures! Millionaire Educator Website: millionaireeducator.com Twitter: @GerryBorn Timestamps 1:11 - Introduction 2:44 - The "College Experience" 6:55 - CLEP Tests 11:17 - Spending Credits 21:15 - The Cost Effective Option 25:35 - ACE Courses 28:48 - The Credit Stacking Experience 37:12 - Pairing This Methodology

In this episode: Time as a Luxury, The Power of F-U Money, The Cost of DIY, Planning, and Decision Making. Even though time is our most precious non-renewable resource, the society we live in tends to take that fact for granted. Is working more to earn more really the most efficient use of your time? Possibly, but effective planning and delegation of your resources can help you find a much better balance between the things you have to do to support your lifestyle, and the things you want to do throughout your life! Once time is spent you can't get it back, so plan accordingly so you can make the most of it! Timestamps 0:56 - Introduction and Are Your Winning Life? 4:18 - Tax Abatement Feedback 11:30 - Credit Cards Purchases 19:34 - Crypto Exchanges 23:55 - Time is the Ultimate Resource 30:16 - Finding a Sweet Spot Between Frugality and Freedom 38:12 - The Power of Evaluating Your Options 46:55 - Planning Unlocks Freedom 53:29 - Conclusion Resources Mentioned In Today’s Episode Functionality with Num

In this episode: functionality with numbers, the rule of 74, decision making, free roles, and tilting the odds in your favor! Setting yourself up for success is one of the FI community's main ideals, but what is the best way to go about doing that? Well, to put it simply, math. While the mention of math may be enough to put some people off entirely, what if we told you basic math could be enough to prime yourself up for success? Simple addition, subtraction, multiplication, and division when applied right can have a huge impact on your personal finances! Listen along and see if there are any ways you could apply basic math into your own decision making going forward! Timestamps 1:00 - Introduction and Functional Numbers 2:47 - Rule of 72 7:44 - Math is Rad! 11:27 - Math and Opportunity Costs 18:38 - Decision Making 26:03 - Free Roles 33:54 - Credit Card Costs 39:52 - Hunting for Win-Wins 44:39 - Conclusion Resources Mentioned In Today’s Episode The Tim Ferris Show Episode #604 Edward O. Thorpe How T

Topics in this episode: lifestyle design, coast fi, slow fi, identity, career, and creating the life you want. Sometimes it can be hard to separate what you do for a living from who you are as a person. Also, financial situations and limited resources can make you feel stuck living a life that doesn't align with your interests and values. But fear not for this is a cycle that can be broken! Listen along as Lauren from "The Fioneers" joins the show and walks through steps you can take to potentially unlock some more freedom in your life! Jessica From The Fioneers Website: The Fioneers Coaching: Design A Life You Love Twitter: @TheFioneers Instagram: Thefioneers Facebook: Slow FI Enthusiasts Timestamps 1:04 - Introductions 1:56 - Jessica Update 5:23 - What Do You Want To Be When You Grow Up? 12:03 - Identity and Career 18:35 - Slow FI and Coast FI 27:12 - It's Not Set In Stone 32:44 - Fear and Creating The Life You Want 41:38 - From Passion to Career 45:05 - Conclusion Resources Mentioned In Toda

In the week's episode, Brad and Jonathan examine the current state of the housing market and discuss different ways in which risk can be controlled. It seems like we are currently living in some of the most interesting financial times ever to have occurred. Crypto currencies are seemingly disappearing overnight, interest rates are shooting up, and the inflation rate continues to climb! While all of these examples can cause one to be fearful, preparation and attention to detail are two traits that allow those in the FI community to stay calm! Identify your fears, control situations where you are taking on risk, and continue crushing your journey down the path to FI! Timestamps 0:58 - Introduction 2:01 - The Tail End 5:58 - The Most Interesting Financial Times 13:26 - Housing 18:22 - Conversation With A Friend 26:06 - Components of The Monthly Payment 34:40 - 40 Year Mortgage and Renting 45:20 - 10% Intrest Rates 53:05 - Crypto Sidecar 57:15 - Crypto Security 61:39 - Conclusion Resources Mentioned In To

In this week's episode, Brad and Jonathan discuss different guidelines that can help ensure your mortgage won't infringe on your FI goals! Becoming an home-owner doesn't have to mean the collapse of your own financial stability! By planning ahead and working within your personal limitations, your journey to a happy, healthy, and simple life can continue unabated! Listen along to see if the common sense guidelines mentioned can be beneficial to your situation! Timestamps 1:02 - Introductions 3:01 - Insufficient Funds 11:55 - Tackling Overdraws 19:21 - What Can You Really Afford? 26:36 - The Bracket Breakdown 31:13 - FI-ifying Your Budget 35:13 - The Payment Breakdown 45:53 - Working The Table 53:46 - Mortgage Factors 57:30 - Make The Best Decision For YOU 68:43 - Conclusion Resources Mentioned In Today’s Conversation Can I Get An Extension, Please? | ChooseFI Ep 372 TurboTax Subscribe to The FI Weekly! SmartAsset The Happy Philosopher Chad Carson Paula Pant If You Want To Support ChooseFI: Earn

In this week's episode, Brad and Jonathan discuss different routes you can take in order to create options for yourself with limited resources. Everyone has a finite amount of financial resources at their disposal and everyone is always questioning what they should be doing with what they have. While nothing is guaranteed, thankfully there are steps you can take to protect your resources and make informed decisions. Listen along as the guys discuss creating options for yourself and hopefully the information can be helpful towards dealing with uncertainty! Timestamps 0:56 - Introduction 1:59 - The Rule of 72 8:51 - Bitcoin Purchase and Computer Safety 16:57 - Crypto Crashes 21:42 - Intrinsic Value 28:04 - Guaranteed Returns 34:40 - Protecting Yourself 45:27 - Finding Options in Uncertainty 52:54 - Conclusion Resources Mentioned In Today’s Conversation Dropbox Blockchain, Smart Contracts, and NFT’s | EP 361 Subscribe to The FI Weekly! If You Want To Support ChooseFI: Earn $1,000 in cashback with

In this week's episode, Brad and Jonathan welcome back Bradley Rice and Anita from Talent Stacker to discuss the hidden job market and how you can break into it! Many consider the best path to a successful career getting an education, claiming a certification or degree, and working your way up the corporate ladder. But what if there could be an alternative? Utilizing your current skills, developing some new skills, and successfully networking could be your key to unlocking the hidden job market and leveling up your career! Listen along to learn how Bradley and Anita took this path less traveled and see if it can be applicable to your life and career! Bradley Rice and Anita Website: Talent Stacker Podcast: The Salesforce for Everyone Podcast Timestamps 1:29 - Introduction 4:06 - Unorthodox Choices, Radical Results 13:52 - No Degree Needed and Developing Skills 23:35 - Overcoming Traditional Objections 29:04 - Finding Communities 32:03 - Personal Branding 37:22 - The Hidden Job Market 43:30 - Volunte

In this week's episode, Brad and Jonathan dissect the idea of earning power being used as a weapon to combat inflation, and strategies you can implement to level up your income! One of the best ways to reduce the impact inflation has on your life is to out-earn the inflation rate. While that solution can easily fall under the umbrella phrase of, "easier said than done," there are actions you can take to make that process easier for yourself! Listen along as the guys discuss different strategies to approach raising your income and see if any of them can apply to you and your FI journey! Timestamps 0:55 - Introductions and Season's Change 5:37 - Times is a Resource 9:10 - Start With Spending 14:07 - College Cynicism 21:53 - The Career Freedom of FI 25:04 - Income Combatting Inflation 28:10 - Performance Reviews and Standing Out 36:15 - The Art of Salary Negotiation 43:00 - Influence 45:03 - The Script 51:31 - How Can I Improve This? 53:42 - Opportunity and Conclusion Resources Mentioned In Today’s Conve

In this week's episode, Brad and Jonathan discuss different ways to retain a sense of control along the path to retirement during times of uncertainty. While low points in the economy tend to cause worry, focusing on steps that can be taken to continue forward progress is what helps set the FI community apart! Join the guys as they discuss information that could help you navigate the murky waters ahead and continue along with your FI journey! Timestamps 1:02 - Disney and Travel Rewards 9:52 - Age of Uncertainty 17:41 - Controlling What You Can 20:35 - Returns and Inflation 26:09 - The Glide Path 27:49 - Series I Bonds 39:18 - Controlling Income and Expenses 48:10 - When The Market Turns... 52:47 - Conclusion Resources Mentioned In Today’s Conversation Step-By-Step Guide To A Free Disney World Vacation Early Retirement Now The Retirement Manifesto Your Money Or Your Life By Vicki Robin, Joe Dominguez, and Mr Money Mustache Drawdown Strategy | The Retirement Manifesto | ChooseFI Ep 43 What Does Infl

In this week's episode, Brad and Jonathan welcome Sean Mullaney back onto the podcast to discuss the four backstops of the Four Percent Rule! While many in the FI community consider the Four Percent Rule to be a pillar for retirement planning, these relatively unknown backstops could save or enhance your retirement as you continue along the path less traveled! Listen along to see if any of these backstops could apply to you and your own future planning! As always, the discussion is general and educational in nature and does not constitute tax, investment, legal, or financial advice with respect to any particular individual or taxpayer. Please consult your own advisors regarding your own unique situation. Sean Mullaney and ChooseFI Publishing are currently under contract to publish a book authored by Sean Mullaney. Sean Mullaney Website: The FI Tax Guy Blog: The FI Tax Guy Blog Timestamps 0:59 - Introductions 1:37 - The Four Percent Rule and Inflation 12:20 - Annual Expenses 14:19 - Decline in Energy

In this week's episode, Brad and Jonathan continue along their, "Financial Independence A to Z," journey by examining savings rate and the many different ways it can be calculated! One of the pillars that sets the FI community apart is the emphasis on saving money in order to unlock more in your life. So, by having the right tools needed to calculate your savings rate, you can begin to make adjustments and hopefully start the process of taking back your time! Timestamps 0:59 - Introductions 4:30 - Ben's Question 7:41 - How Do You Calculate Your Savings Rate? 12:00 - Why Savings Rate Is Important 18:25 - Nuances In Saving 21:55 - Calculation Example 28:15 - Scenario Three 37:57 - Looking At The Nuances 46:56 - Conclusion Resources Mentioned In Today’s Conversation Find The Article Mentioned By Brad and Jonathan Here! KiwiCo The Tim Ferris Show Check Out ChooseFI's Financial Independence A to Z series! Subscribe to The FI Weekly! If You Want To Support ChooseFI: Earn $1,000 in cashback with C

In this week's episode, Brad and Jonathan discuss a variety of tools that can help you stay on-top of your budget. Whether you create your own tracking systems or don't have any expense tracking systems in place yet, there likely is a tool mentioned in this episode that can help you get one step closer to your financial goals! Remember, keeping your expenses organized can help you take drastic steps forward in your FI journey! Timestamps 0:56 - Introductions 3:57 - Identity Statements and Failure 9:55 - The Post Tax Season Check-Up 13:33 - The Large Tax Return 17:34 - Simplifying Your Financial Life 22:34 - Loading Your Financial Tool-belt 26:25 - Tracking The Cost Of Your Life 34:53 - Tracking Softwares 42:17 - Envelope Systems 46:44 - Should You Use A Budgeting Template 51:56 - Conclusion Resources Mentioned In Today’s Conversation The Stacking Benjamins Podcast Wellbeing Monthly Budget Tool Vertex42 Afford Anything With Paula Pant Tiller Money YNAB Do You Need A Budget? | ChooseFI Episode 165 In

In this weeks episode, Brad and Jonathan discuss some natural remedies your may find useful in your life, the economics behind the modern startup scene, and most importantly the basics pillars of financial literacy! Join the guys as they share their philosophy towards tackling financial literacy and why it is such an important topic to study. By knowing the rules of the game, maybe you can start to widen that gap between income and expenses! Timestamps 0:56 - Introductions 1:52 - Fulfilling Remedy Responsibilities 6:22 - WeWork and Startup Economics 12:47 - Increasing The Gap 17:11 - Picking a Career 20:20 - Financial Literacy A to Z 24:33 - Budgeting and Optimizing Expenses 32:42 - Automating Your Finances 36:06 - The Longterm Mindset 44:40 - Borrow and Protect 52:17 - Conclusion Resources Mentioned In Today’s Conversation WeCrash ChooseFI's PreK-12 Curriculum The Rebel Entrepreneur With Alan Donegan Start Your FI Journey With ChooseFI! Subscribe to the FI Weekly! Financial Independence A to Z Joe

It's officially tax season! In this week's episode, Brad and Jonathan discuss tax extensions and share some of their experiences paying taxes in the past. No matter what walk of life you are in, at the end of the day we all have to pay taxes. As members of the FI community, we should do our best to stay calm and tackle the task! Timestamps 1:10 - Introductions 1:55 - Daylight Savings 5:18 - Viral Nightmare Tax Scenario 11:36 - Putting Aside Taxes 20:39 - Extensions 26:32 - The Not Genius Move 31:17 - Larger Than Expected Tax Bills 34:30 - Small Business and Side Hustles 37:53 - Conclusion Resources Mentioned In Today’s Conversation Huberman Lab Podcast The Peter Attia Drive Podcast Fifth Wheel Physical Therapist NFTs For Newbies Podcast: "Taxes and NFTs Part 1 With Brad Barrett" NFTs For Newbies Podcast: "Taxes and NFT Part 2 With Brad Barrett" Subscribe To The FI Weekly! If You Want To Support ChooseFI: Earn $1,000 in cashback with ChooseFI's 3-card credit card strategy Share FI by sending a

In this week's episode, Brad and Jonathan are joined by author and friend of the show Brian Feroldi. After spending two years writing the book, Why Does The Stock Market Go Up? Brian is returning to the show once again to share with you the valuable lessons he has along the way! Join the trio as they discuss why the stock market goes up, down, and everything in-between! Brian Feroldi Twitter: @BrianFeroldi Book: Why Does The Stock Market Go Up By Brian Feroldi Timestamps 1:33 - Introductions 2:40 - Understanding The Market 7:07 - History Of The Dow Jones 13:19 - The NASDAQ 16:35 - Valuation 23:22 - The Future Is Inevitable 24:45 - Stock Splits 33:14 - What Are You Buying? 44:10 - Conclusion Resources Mentioned In Today’s Conversation The Motley Fool Subscribe to The FI Weekly! If You Want To Support ChooseFI: Earn $1,000 in cashback with ChooseFI's 3-card credit card strategy Share FI by sending a friend ChooseFI: Your Blueprint to Financial Independence Track your personal finances wit

In this week's episode, Brad and Jonathan sit down with Joe Saul-Sehy, co-author of the book "Stacked" and co-host of the "Stacking Benjamins" podcast. Together, the trio discuss how to properly set goals for yourself and ways you can continue to move that needle along! If you stick to your timeline and ask the right questions, before you know it you could be on the right track! Joe Saul-Sely Website: joesaulsehly.com Book: "Stacked: Your Super-Serious Guide to Modern Money Management" by Joe Saul-Sehly and Emily Guy Birken Podcast: The Stacking Benjamins Podcast Timestamps 0:51 - Introductions 5:20 - Goal Setting And The Timeline 10:41 - Bad Questions And False Rabbit Holes 15:25 - Talking Family Finance 20:24 - Budgeting And Tracking 28:25 - Comparison Is The Thief Of Joy 32:21 - Financial Advisors 45:30 - Assets Under Management 51:51 - About "Stacked" And Where You Can Find It! 54:02 - Conclusion Resources Mentioned In Today’s Conversation Information About The "Stacked" Book Tour Rob Phe

What happens when an unstoppable force meets an immovable object? In this week's episode, Brad and Jonathan continue their discussion from last week about clarity and goal setting, but this time they focus on ways to circumnavigate the seemingly immovable objects in our lives. Overcoming objections that prevent us from the futures we want can actually be surprisingly easy if you adopt the right mindset. Become the unstoppable force that shatters those barriers holding you back! Timestamps 1:00 - Introductions 1:53 - Goals & The Aggregation of Marginal Gains 6:58 - Manifestation 14:55 - Clarity & What YOU Want 24:27 - Becoming The Unstoppable Force 30:10 - Controlling Monthly Expenses 35:12 - Car Payments 37:46 - Accounting For Your Mindset 42:43 - Conclusion Resources Mentioned In Today’s Conversation "Goals!: How to Get Everything You Want -- Faster Than You Ever Thought Possible" by Brian Tracy Bigger Pockets "A Complaint Free World: How to Stop Complaining and Start Enjoying the Life You

In this week's episode, Brad and Jonathan kick off part one of a two episode series focussed on decluttering, de-noising, and de-stressing your life! What makes the FI lifestyle so special is it's ability to block out social norms allowing for us to build our own healthy, happy, and free lives! By decluttering your life, you can surround yourself with uplifting material that will help you continue your trek down the path less traveled. Timestamps 1:00 - Spring is Coming! 3:36 - Long-Term Thinking 7: 19 - Decluttering 15:15 - Tackling Social Prisons 23:10 - The Oasis 29:22 - Junk Mail and Saying No 37:30 - The Red X 40:50 - Conclusion Resources Mentioned In Today’s Conversation The Happy Philosopher | The Happiest Man In The Room | ChooseFI Episode 48 Get Off The Hamster Wheel with Jonathan Backstory | ChooseFI Episode 4 7 Decluttering Tips to Organize Your Life in 2022 The Tim Ferris Show DMA Choice Opt Out Prescreen Valpack Opt Out Your Ad Choices Subscribe to The FI Weekly! Derek Sivers If You