Choosefi | Financial Independence Podcast For The Stealth Wealth Community

073 | Jamila Souffrant tells us about college internships, buying real estate right out of college, a few failed business ventures, and her decision to pursue FI, starting by saving $85,000 in the first year. We talk to Jamila about: How Jamila and her husband saved $85,000 in 2016 As the child of an immigrant single-mother, how did Jamila's childhood experiences impact her college and early professional career? Jamila shares what wealth means to her now Failing Forward: the idea that progress is made, even if when things don't see to have worked out ...and more at https://ChooseFI.com/073   ——————-   Thank you for being a part of the ChooseFI community! 

072R | Lively discussion about cryptocurrencies as investments, review of last week's MidAtlantic Camp FI, and several exciting contributions and questions from the ChooseFI community. What you'll hear in today's roundup: Brad's brother is visiting from Santiago, Chile – how is he managing his path to financial independence as an international teacher? Review of Monday's episode discussing Bitcoin with Myles Wakeham What are drawbacks of cryptocurrency? Is Bitcoin a good investment, or is it just a gamble? How much energy is expended in the global mining of Bitcoin? Michelle, from the ChooseFi community, wonders if Bitcoin's apparently lax regulations (compared to companies like PayPal) opens it up to be used for terrorism and other illegal activities? William suggests to Jonathan that regulation of Bitcoin is nearly inevitable, exposing investors to potentially difficult scenarios in regards to both taxes, and simply converting money back into tangible currency. Brad and Jonathan attended the MidAtlantic Ca

072 | Bitcoin, should you Buy it? Myles Wakeham tells us how he discovered Bitcoin, how and why cryptocurrencies have to value, and gives us a nuanced perspective of where cryptocurrency might go in the future. How did Myles, a software developer, come to invest in Bitcoin? Myles spent years figuring ways to pay his Bangladeshi software developer, until mid 2011, when his contractor discovered Bitcoin as a more effective method of payment. There's much more to this story - and to learn about cryptocurrencies, so check out the extensive list of notes at http://ChooseFI.com/072

071R | Brad and Jonathan compare their college experiences to Chris Hutchins' from the Monday episode, they discuss the importance of owning your own FI decisions, and we get updates from several members of the ChooseFI community. Brad considers starting a blog for his daughter as second-generation FI. Review of Chris Hutchins' episode last Monday. Brad compares his experience of packing meals ahead for vacation to Chris' grandparents growing up. What is value of cultivating relationships, and how did Brad find success in that? What would Jonathan do differently if he was going to redo college? How can students optimize the expense of college? What was the benefit of Jonathan attending community college for two years prior to completing his degree at Virginia Tech? Take an inventory of your all your skills, to market yourself for future opportunities. Chris got his early start(s) because he made a significant effort to stand out among his peers. How can you stand out when looking for opportunities? How do Br

071 | Chris Hutchins, founder/CEO of Grove, a new, optimized financial planning company based in San Francisco, talks about how a life and career of entrepreneurship led him to the FI community, and his current business venture. And, how his new company meets the needs of the average person better than a traditional financial planner. What you'll hear in this episode: Is Chris a risk taker or financial conservative? How did Chris find his way into the financial planning and optimization world? Was Chris an entrepreneur growing up? Chris got his career started through relationships built in college – how can building relationships help open doors? Passion for entrepreneurship led Chris to make a move from New York to Silicon Valley. Although most people in the Silicon Valley have tech-related qualifications, Chris found his foothold in business development. How did Chris land his first job in the Silicon Valley? What steps did Chris take to earn an income after he was laid off in 2008? Did Chris' wife buy int

070R | Updates from Brad and Jonathan, review of Vickie Robin's episode, discussion of how ChooseFI aims to handle politics, and more updates from the ChooseFI community. Highlights: Brad is moving houses, making good community a priority in his family's life CampFi MidAtlantic this weekend is Virginia this weekend, but there's two more this year: Aug. 3-6 in Joshua Tree, Calif., Sept 7-10 in Little Rock, Ark. More info here: CampFi Jonathan started Skinny Waste, Fat Wallet. First episode is up on YouTube at www.choosefi.tv Review of Vickie Robin's episode ...and more can be found at https://ChooseFI.com/070R   ——————-   Thank you for being a part of the ChooseFI community! 

070 | Author and FI pioneer Vicki Robin discusses the cultural development of overconsumption, how much is enough, and what else, besides good investments, contributes to successful financial independence? Vicki's story began when she invested in long-term bonds at a young age, achieving modest financial independence very quickly Vicki and her partner, Joe Dominguez, hosted seminars about financial independence beginning in the 1980s, donating the proceeds. What is the difference between making a living, and making a "dime"? How did the culture of over-consumption develop during the past century? Once the average person spends 20 years preparing for adulthood, and another third of your life sleeping, how much time do we really have for living? What is the idea of the Real Hourly Wage, and how could it impact the way we spend money? Why might we need to be "deprogrammed" from consumption? What is the Fulfillment Curve and what is the difference between a "cheap thrill" and real satisfaction? How does consumer

069R | We discuss why and how of starting a blog or website. What you'll hear on today's show: Review of Monday's episode How Michelle lives her lifestyle by choice Why it's a great idea to start a blog The key when creating content Why now is the best time to get started How affiliate marketing works The 4 things you need to start your blog The total cost of starting up Why it takes years to be successful How building this skill set opens doors iTunes and book giveaway Links from the show: Hosting platforms: Bigscoots, Siteground Themes: Generate Press, Elementor Email list providers: Mailchimp, ConvertKit ChooseFI Youtube Channel ——————-   Thank you for being a part of the ChooseFI community! 

069 | Michelle has a very successful blog, Making Sense of Cents. She shares her lifestyle as a digital nomad and how she currently manages not just her blog, but her whole life living full-time in an RV. What you'll hear on today's show: Interview with Michelle from Making Sense of Cents Michelle's backstory The success of her personal finance blog How long it took for her blog to take off How she got involved in the community When she first started making money and how Why she feels she attracts an audience Her secret sauce to blogging Her content strategy The different inflection points along her blogging journey Different blogging goals What inspired her to become a digital nomad Tips for people who want to get started with RVing How she deals with her work life balance Using Pinterest as a marketing vehicle The different social media platforms she's tried out Her personal FI journey Her course: Make Sense of Affiliate Marketing Hotseat questions  Links from the show: Michelle's blog: Making Sense of C

068R | The next steps after Dave Ramsey's Peace University, the importance of being present and food budget hacks. What you'll hear on today's show: Review of Monday's episode Brad's life improvement thanks to FI How to use Dave Ramsey's lessons Question from Chris about Dave Ramsey What the next steps after the Peace University look like Why and how credit cards can be useful Jill talks about being nervous going back to credit cards Michelle says the episode 68 is great to send to Dave Ramsey fans The great advantages of working on a budget as a couple Comment from Nick about paying off a mortgage How FI is not about deprivation The importance of being present Voicemail from Louisa on a food budget hack The video series on different food hacks Voicemail from Ashley on her frugal win of the year College hack on graduate assistantships An article on the dangers of robo advisers Voicemail from Jesse about optimizing cashbacks iTunes and book giveaway Links from the show: Dave Ramsey's Peace University Choos

068 | Bringing your spouse on with FI, the benefits of paying off your mortgage early and how to follow Dave Ramsey's steps Highlights from the show include: Andy's blog and podcast How he brought his wife on board with FI The monthly budget party Benefits of paying off a mortgage early Following Dave Ramsey's steps ——————-   Thank you for being a part of the ChooseFI community! 

067R | Getting comfortable with being uncomfortable, hacks to save money on everyday electronics and using donor advised funds to optimize tax payments. What you'll hear on today's show: Jonathan optimizing his house insurance Comment from Katie on using diamonds on engagement rings Examples of velvet ropes The importance of getting comfortable with being uncomfortable Sara shares a DIY success Voicemail from Daniel about saving money on everyday electronics Jaclyn share's her success from a salary decrease Voicemail from Steven on using donor advised funds to avoid capital gains tax Alan saves money by timing the cash flows Kevin talks about creating a better version of health insurance iTunes review and book giveaway Links from the show: Book: Predictably Irrational How we make meaningful and tax efficient charitable donations by The Frugalwoods The donor advised fund: A smarter way to give by Physician on FIRE ——————-   Thank you for being a part of the ChooseFI community! 

067 | David and Helene talk about consumerism, getting out of one's comfort zone and the importance of simplicity. What you'll hear on today's show: Discussion with David and Helene How consumerism makes us buy more Controlling impulses How Helene constantly gets out of her comfort zone Mental hacks for self control Hedonic adaptation Complexity vs simplicity David's thoughts after blogging for 9 years The importance of focusing on what lights you up Hotseat questions Links from the show: David's blog: Raptitude Helene's blog: Free to Pursue Helene's blog post: Diamonds - Nothing but a Brilliant Illusion JL Collins David blog posts: The Art of the Hard Part Go Deeper not Wider The Frugal Fringe Humans are not Broken Seth Godin 10 Reasons You Should Never Get a Job Happy Money by Elizabeth Dunn David on Twitter Helene on Twitter ——————-   Thank you for being a part of the ChooseFI community! 

066R | Understanding emergency funds, investing in your house and some college and library hacks. What you'll hear on today's show: Review of Monday's episode Different scenarios for using emergency funds Where to put your emergency fund Jennifer asks a question about needing the fund in 2-3 years The different options to optimize your emergency fund Voicemail from Paul on whether a house is an investment Voicemail from Melissa on Mrs Frugalwoods' journey with make-up Voicemail from Captain DIY on college hacking with trade schools Chris pays off $100,000 in debt Jessie has a great library hack iTunes review and book giveaway Links from the show: ChooseFI events Paul's podcast series: Your Home is NOT an Investment! Unless... Captain DIY articles ChooseFI debt month  ——————- Thank you for being a part of the ChooseFI community! 

066 | Big Ern reveals his identity, explains the different risks when retiring and why a home is a good investment. Highlights from the show include: Big Ern's identity reveal His blog on retirement The anxieties of retiring early Emergency funds The benefits of home ownership ——————-   Thank you for being a part of the ChooseFI community! 

065R | College hacks, a great credit card debt hack and the importance of not wasting your privileges. What you'll hear in today's show: Voicemail from Chris about replacing broken items Review of Monday's episode with Mrs Frugalwoods Why you shouldn't waste your advantages Voicemail from Steve about educational programs The student debt loan movement happening in March Voicemail from Noah about a college hack Voicemail from Millionaire Educator on another college hack Nicholas' hack on optimizing credit card debt Voicemail from Kelly about tax liability vs withholding Apple Podcasts review and book giveaway   Links from the show Contact ChooseFI: feedback@choosefi.com The College Investor March Student Debt Challenge The Millionaire Educator ——————-   Thank you for being a part of the ChooseFI community! 

065 | Mrs Frugalwoods talks on her book and blog, frugality as a lifestyle and the great benefits of being frugal. Highlights from the show include: Mrs Frugalwoods' book and blog Her relationship with money Changing her lifestyle to frugality The benefits of living frugal The amazing influence of frugality on her family For more information, visit the show notes at http://ChooseFI.com/065

064R | Chautauqua plans, board game recommendations and a discussion on optimizing travel rewards Highlights from the show include: Warren Buffett's Annual Letter to Shareholders takeaways Chautauqua plans Board game recommendations Travel rewards discussion Crowdsourcing geo-arbitrage ——————- For more information, visit the show notes at http://ChooseFI.com/064R

064 | Chautauqua organizers join us on a call to share what the event is about, the great community that attend Chautauqua, and plans for its future. Highlights from the show include: How Chautauqua got started The structure of the event and what a typical day looks like The amazing community Examples of the exceptional people who attend What the future plans look like For more information, visit the show notes at http://ChooseFI.com/064

063R | How to create your own luck, the glidepath to success and some life lessons from Brad. Highlights from the show include: What luck and opportunity really mean Having high expectations from life Brad's definition of creating luck Life lessons from Brad to his daughters For more information, visit the show notes at http://ChooseFI.com/063R