385 | Time Is Your Ultimate Luxury

ChooseFI

Brad Barrett | Choose FI Media

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

4.8 • 5K Ratings

🗓️ 11 July 2022

⏱️ 58 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

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

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

Transcript

Click on a timestamp to play from that location

0:00.0	Hello everyone, picking up from last week time is your ultimate luxury. Welcome to the ultimate
0:04.5	crowdsource personal finance show. This is Choose a Buy.
0:07.7	You're listening to Choose a Buy Radio.
0:12.4	The blueprint for financial independence lives here.
0:23.1	If you're looking to unlock the secrets to financial independence and
0:26.8	early retirement, you're in the right place. Stay tuned and join a community of like-minded people
0:32.8	who are getting all finance to be here and taking control of their lives in the pursuit of
0:37.8	financial independence. Choose FI, your home for financial independence online.
0:46.3	All right guys, very excited to dive into this week's episode and tell you what Brad and I just
0:58.6	had so many notes. So much we wanted to cover that we hit stop for last week's episode and then
1:04.0	immediately started recording it again just because we there's just so much stuff going on
1:08.2	and so much that we just want to share with you guys and that's what the show is. It is a wonderful
1:12.4	round table for us to have these discussions and help me with this. I am my goes Brad,
1:16.0	here's the new day. How you doing buddy? Hey Jonathan, I'm doing quite well. Yeah, feels like we're
1:20.8	in a flow, you know, and it's just fun to talk about this kind of stuff and yeah one thing just
1:25.9	blends into another. There are all these ways to approach life and I think that's what's so fun
1:31.0	about financial independence is it's not just about the money and how do we become wealthy.
1:37.7	If that was just the goal, I feel like it would be boring. It would be just about being rich and
1:44.0	that's not what we're doing here. We're trying to build rich lives, right? We're trying to look at
1:50.6	the things that matter and when we have time, which as you always say is our most precious non-renewable
1:58.4	resource and it's such an important way to look at it. When we have time, we can focus on other
2:04.7	things. We're not constantly in that state of fight or flight of can I pay the bills? When do I
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Brad Barrett | Choose FI Media, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Brad Barrett | Choose FI Media and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.