381 | Common Sense Spending Guidelines | Housing

ChooseFI

Brad Barrett | Choose FI Media

Financialindependence, Investing, Firemovement, Passiveincome, Frugalliving, Personalfinancepodcast, Daveramsey, Careers, Business, Earlyretirement, Habits

4.8 • 5K Ratings

🗓️ 13 June 2022

⏱️ 71 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

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

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Transcript

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0:00.0	Hello everyone on today's episode,
0:01.6	Common Sense Spinning Rules.
0:03.2	Wait, scratch that.
0:04.1	We don't like rules.
0:04.9	Let's think of it more like guidelines,
0:06.6	Common Sense Spinning Guidelines for housing
0:09.3	and uncertain times.
0:10.6	Welcome to the ultimate crowd source personal financial.
0:13.6	This is ChooseFile.
0:15.3	Your listening to ChooseFile Radio.
0:17.8	The blueprint for financial independence lives here.
0:22.8	If you're looking to unlock the secrets to financial independence
0:34.2	and early retirement, you're in the right place.
0:37.6	Stay tuned and join a community of like-minded people
0:40.4	who are getting off the answer.
0:42.4	And taking control of their lives
0:44.5	in the pursuit of financial independence.
0:46.7	ChooseFile.
0:47.9	Your home for financial independence on live.
1:02.8	All right guys, very excited to dive into this week's episode
1:05.0	and help me with this.
1:06.0	I have my co-spread here with me today.
	...

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