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 with the Classic College Experience 41:04 - The Most Optimized Bachelors Degree 47:32 - Using College to Learn Your Craft 52:53 - Conclusion Resources Mentioned In Today’s Episode How To Test Out of College While You’re Still In High School | Millionaire Educator | ChooseFI Ep 238 Sophia Learning Modern States Credly Study.com Sophia Learning's Partners A $7,500 College Degree in 12 Months? 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 with Personal Capital Compare, buy, and save big on insurance with Policygenius Keep learning or start a new side hustle with one of our educational courses Slash your cell phone bill without sacrificing service with Mint Mobile
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 Numbers | Ep 384 Subscribe to The FI Weekly! Join ChooseFI's Facebook Group! Playing With FIRE Discovering the Power of FU Money | ChooseFI Ep 321 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 with Personal Capital Compare, buy, and save big on insurance with Policygenius Keep learning or start a new side hustle with one of our educational courses Slash your cell phone bill without sacrificing service with Mint Mobile
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 To Decide With Annie Duke | ChooseFI Ep 262 "Thinking in Bets" by Annie Duke Risk Parity Radio The Simple Path to Wealth 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 with Personal Capital Compare, buy, and save big on insurance with Policygenius Keep learning or start a new side hustle with one of our educational courses Slash your cell phone bill without sacrificing service with Mint Mobile
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 Today’s Conversation Managing Stress by Leveraging FI | The Fioneers | Ep 229 A Deep Dive into Lifestyle Design Coast FI vs. Slow FI: What's the Difference? You are Not Your Work: How to Reclaim Your Identity 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 with Personal Capital Compare, buy, and save big on insurance with Policygenius Keep learning or start a new sidehustle with one of our educational courses Slash your cellphone bill without sacrificing service with Mint Mobile
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 Today’s Conversation The Tail End Subscribe to The FI Weekly! Common Sense Spending Guidelines | Housing | Ep 381 Blockchain, Smart Contracts, and NFT’s | EP 361 Blockchain, Smart Contracts, and NFT’s Part 2 | EP 362 Pump and Dump | EP 323 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 with Personal Capital Compare, buy, and save big on insurance with Policygenius Keep learning or start a new sidehustle with one of our educational courses Slash your cellphone bill without sacrificing service with Mint Mobile
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 $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 with Personal Capital Compare, buy, and save big on insurance with Policygenius Keep learning or start a new sidehustle with one of our educational courses Slash your cellphone bill without sacrificing service with Mint Mobile Exclusive! Grab the NordVPN deal ➼ https://nordvpn.com/choosefi Try it risk-free now with a 30-day money-back guarantee!
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 ChooseFI's 3-card credit card strategy Share FI by sending a friend ChooseFI: Your Blueprint to Financial Independence Track your personal finances with Personal Capital Compare, buy, and save big on insurance with Policygenius Keep learning or start a new sidehustle with one of our educational courses Slash your cellphone bill without sacrificing service with Mint Mobile
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 - Volunteer Experience and Interviews 55:10 - Compounding The Positives 59:10 - The Salesforce For Everyone Podcast 66:15 - Conclusion Resources Mentioned In Today’s Conversation From Pandemic Layoff to $100k+ | A Salesforce Success Story | ChooseFI Ep 297 Making The Case For Part Time With Bradley Rice | ChooseFI Ep 117 Negotiate Your Salary With Tori Dunlap | ChooseFI Ep 147 Check Out The FI Weekly! The Role Of Bonds In A Portfolio | ChooseFI Ep 194 Are You as Diversified as You Think You Are? With Frank Vasquez | ChooseFI EP 313 Talent Stacker 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 with Personal Capital Compare, buy, and save big on insurance with Policygenius Keep learning or start a new sidehustle with one of our educational courses Slash your cellphone bill without sacrificing service with Mint Mobile
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 Conversation Glide Path to Retirement During Uncertainty | ChooseFI Ep 377 Subscribe to The FI Weekly! Early Retirement Extreme Career Hacking With ESI Money | ChooseFI Ep 23 How to Negotiate Your Salary Without Burning Bridges | Financial Mechanic | ChooseFI Ep 211 Glassdoor Influence: The Psychology of Persuasion by Robert B. Cialdini Salesforce: A Lucrative Career and No Degree or Tech Background Needed 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 with Personal Capital Compare, buy, and save big on insurance with Policygenius Keep learning or start a new sidehustle with one of our educational courses Slash your cellphone bill without sacrificing service with Mint Mobile
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 Inflation Mean For Investors With Big ERN | ChooseFI Ep 331 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 with Personal Capital Compare, buy, and save big on insurance with Policygenius Keep learning or start a new sidehustle with one of our educational courses Slash your cellphone bill without sacrificing service with Mint Mobile