ChooseFI

By: ChooseFI
Listen for free

  • 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
Episodes
  • 513 | Make Your Own Dividend | Mailbag with Rachael

    513 | Make Your Own Dividend | Mailbag with Rachael
    Sep 30 2024
    In this episode: getting started early with FI, the 4% rule, retirement accounts, real estate, and safe withdrawal rates. This episode is packed with actionable information that can help with maximizing your financial future, from house hacking to Roth conversions, and strategies for living off your investments. Brad and Rachael dive into real-world listener questions to help you navigate your FI journey with confidence. 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: The benefits of getting started early with financial independence (FI)Evaluating the 4% rule and how to live off investments in retirementUnderstanding the difference between Roth vs. Traditional retirement accountsTax strategies for early retirement and avoiding penaltiesHouse hacking as a way to reduce housing costs and boost savingsReal estate as an investment: risks, rewards, and misconceptionsMaximizing income while keeping expenses low for young professionalsSafe withdrawal rates, dividends, and managing investments post-retirementThe psychological aspects of early retirement and maintaining financial health 🕒 Chapters: 00:00 – Introduction to Mailbag with Rachael01:00 – Starting Early with FI: Gabby’s Journey03:00 – Roth vs. Traditional Retirement Accounts for Young Investors06:00 – House Hacking and Real Estate Strategies09:00 – How the 4% Rule Works for Early Retirement12:00 – Income Maximization for Young Professionals18:00 – Managing Dividends and Withdrawal Strategies in FI24:00 – Safe Withdrawal Rates and Creating Your Own Dividend31:00 – Listener Questions: Roth IRA Conversion Ladder36:00 – Tax Strategies and Avoiding Penalties in Early Retirement43:00 – Rethinking Real Estate and House Hacking Risks51:00 – Wrap-Up and Final Thoughts on Financial Independence 🔗 Mentioned Links and Resources: Mailbag: Getting Started with FI, Debt vs. Investing, Dividends, 4% Includes Taxes?, Roth 401k | Rachael Camp | ChooseFI Ep 505Mailbag: Roth vs. Trad, $35k Roth to 529, Combining Finances | Rachael Camp | ChooseFI Ep 496How to Access Your Retirement Accounts Before 59.5 | Sean Mullaney | ChooseFI Ep 475Drawdown Strategies: Karsten vs. Fritz | ChooseFI Ep 427House Hacking With Coach Carson | ChooseFI Ep 16Scott Trench | Set For Life | ChooseFI Ep 63Subscribe 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 14 mins
  • 512 | Getting Personal with Personal Finance | Ginger & Anne

    512 | Getting Personal with Personal Finance | Ginger & Anne
    Sep 27 2024
    In this episode: downsizing, coastFI, redefining your goals, overcoming material attachments, and building community. This week Ginger is joined by community member Anne, to discuss her process of downsizing and navigating the physical and emotional attachments we associate with objects, places and people. Additionally, the pair discuss the importance of taking mini-retirements, cultivating gratitude, as well as share some podcasts and books that have helped them on their journey. We often say FI allows you the freedom and space to discover what more you want out of life, but that doesn’t mean you should wait until you reach your goal to actually start making the moves to get there! Whether you’re near the finish line or just beginning, don’t wait to explore other possibilities that can elevate not only your FI journey but your life. 🔑 Key Themes Discussed: The emotional journey of downsizing and letting go of possessionsAchieving CoastFI and the realization of financial independenceThe significance of mini-retirements and experimenting with lifestyle choicesPersonal growth and redefining goals in mid-lifeThe psychological effects of decision-making in early retirementCreating space for joy and gratitude in life transitionsOvercoming attachment to material possessions and past dreamsBuilding community after major life transitions, such as moving and career changes 🕒 Chapters: 00:00 – Introduction: Ginger and Anne’s Journey01:00 – Anne’s Recent Move and Downsizing03:00 – Discovering Financial Independence Through the FI Formula07:00 – Defining CoastFI and the Big Epiphany Moment10:00 – Reflecting on Personal Goals and Letting Go of Past Dreams13:00 – Experimenting with Mini-Retirements: Learning from the FI Community16:00 – Downsizing: The Emotional Process of Letting Go22:00 – Influence of Family Illness and Death on the FI Journey27:00 – The Challenge of Winter Depression and Its Role in Change31:00 – Selling the Family Home: Closure and Moving Forward36:00 – Gratitude and the Practice of Being Present40:00 – Taking the Leap: Early Retirement and What Comes Next46:00 – Finding Community and Building a New Life After Moving51:00 – The Courage to Try New Things and Embrace Discomfort55:00 – Final Reflections on Joy, Curiosity, and Living Without Regret 🔗 Mentioned Links and Resources: Contact Anne: anne.andrew907@gmail.com“Disrupt Yourself, With a New Introduction: Master Relentless Change and Speed Up Your Learning Curve” by Whitney Johnson“The Artist’s Way: 30th Anniversary Edition” by Julia CameronRetire Often PodcastFamous Failures“Think Like a Rocket Scientist: Simple Strategies You Can Use to Make Giant Leaps in Work and Life” by Ovan VarolSubscribe 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 6 mins
  • 511 | Take the Next Step | Ginger Roundup

    511 | Take the Next Step | Ginger Roundup
    Sep 23 2024
    In this episode: doing the hard things, travel rewards, the gap and the gain, health and wellness, and real estate. This week we are back with another listener Mail Bag featuring Ginger. Listen along as we cover a range of topics from recents trips we’ve taken, facing and overcoming challenges, The Gap and the Gain, taxes in retirement and a realistic outlook on how much you’ll be paying, the rule of 72, as well as shout out some of your FI wins! So much to cover and much more to learn in this week’s episode. 🔑 Key Themes Discussed: Financial Independence (FI) journey and making big life transitionsThe importance of experiencing challenging tasks to build resilience (“doing hard things”)Insights on taxes in retirement: why you may pay less than expectedTravel hacks: optimizing family cruises and travel rewards pointsThe psychological approach to financial success: The Gap and The Gain conceptPersonal health and wellness: Brad’s journey with hiking, saunas, and cold plungesCommunity wins: listener success stories on saving, investing, and achieving FIHealth insurance strategies for early retireesReal estate strategies and long-term capital gains tax advantagesAddressing common FI misconceptions and how to optimize your finances 🕒 Chapters: 00:00 – Introduction and Recent Trips01:30 – Travel Rewards and Cruise Optimization06:00 – Family Vacations and Cruise Hacks08:30 – Colorado Trip and Doing Hard Things10:00 – Hiking Challenges: Lessons from FI and Fitness17:00 – Financial Independence Journey: Overcoming Obstacles21:00 – The Gap and The Gain: Mental Shifts for Success27:00 – Understanding Taxes in Retirement35:00 – Health Insurance and Early Retirement Strategies40:00 – Capital Gains Tax and Real Estate in FI48:00 – Listener Questions and Real-Life Examples55:00 – Community Wins: Listener Success Stories59:00 – Travel Rewards Victory: Booking Free International Trips Resources Mentioned In Today’s Episode: “The Gap and The Gain: The High Achievers’ Guide to Happiness, Confidence, and Success” by Dan Sullivan and Dr Benjamin HardyThe Shockingly Simple Math Behind Early RetirementBiggerPockets Real Estate Podcast“Set for Life: Dominate Life, Money, and the American Dream” by Scott TrenchSubscribe 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
Career Success Economics Personal Finance
Show more Show less

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.

Audible.com reviews

Amazon reviews
Sort by:
Filter by:
  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars
Profile Image for Ashley

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!

Report this

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
Profile Image for teresa corbett

A fantastic perspective adjuster!

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

Report this

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
Profile Image for Britni

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

Report this

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
Profile Image for Timothy Hayes

Excellent information

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

Report this

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

You voted on this review!

You reported this review!