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Afford Anything

#400: The Lies Told About Early Retirement

Afford Anything

Paula Pant | Cumulus Podcast Network

Entrepreneurship, Business, Investing

4.63.4K Ratings

🗓️ 2 September 2022

⏱️ 87 minutes

🧾️ Download transcript

Summary

Today we’re sharing three talks given at the EconoMe conference, with each of these talks relating to F.I.R.E. The three discussions are: FI-Landia is a lie - What I Learned On My Journey To F.I.R.E., with Carl Jensen What If You Achieve All Your Goals But You’re Still Not Happy, with Rich Jones How To Never Again Say, “I Can’t Afford It”, with Paula Pant Details below: Carl Jensen: 05:27: Session begins 08:02: Sharing the message of financial independence and being hit with the “What If’s” 12:24: The concern about running out of money 20:16: The real value of fire Rich Jones: 32:50: Session begins 35:55: The importance of knowing who you are, what you want, and why 39:36: Day jobs: love vs. purpose 43:26: Why you should track your work 46:18: How to think like a recruiter 51:44: Why giving yourself permission could be your game changer Paula Pant: 59:34: Session begins 1:02:21: The importance of reframing the word “can’t” 1:10:29: Traditional budgets, zero based budgets and anti budgets 1:19:49: The benefit of high friction activities * Timestamps accurate as of September 2022. Starting 60 days after episode release, timestamps may shift slightly as we make updates and changes **The next EconoMe will be held March 17th-19th 2023, in Cincinnati, Ohio. For more information or 10% off tickets, please go to: EconoMe Conference and use discount code: AFFORDANYTHING. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

You can afford anything but not everything. Every choice that you make is a trade-off

0:12.6

against something else and that doesn't just apply to your money, that applies to any

0:16.0

limited resource you need to manage like your time, your focus, your energy, your attention.

0:21.2

And that opens up two questions. First, what matters most and second, how do you make decisions

0:26.1

accordingly? Answering those two questions is what this podcast is all about. My name is

0:31.3

Paula Paye. I'm the host of the Afford Anything podcast. And today's episode is special for

0:35.8

a variety of reasons. First of all, every year, if you're a long-time listener of Afford

0:40.5

Anything, as you know, we've been doing this for, I think this is our third or fourth year

0:45.2

in a row. During the month of September, our team takes the September sabbatical. I'm

0:51.3

going to talk about that in just a second. But this is the first kickoff episode of the

0:56.4

September sabbatical for September 2022. It's also special because we are typically

1:02.6

a weekly show. We air new episodes every Wednesday. But once a month on the first Friday of

1:08.0

the month, we air a first Friday bonus episode. So not only is this our first September 2022

1:13.8

September sabbatical episode, but it's also the first Friday bonus episode for September.

1:19.9

So what does all of that mean? And what does it mean for this upcoming episode? Let's

1:24.9

answer the latter question first. In this upcoming episode, you're going to hear three

1:32.3

talks. All three of these talks came from the Icono Me Conference. The economy conference

1:41.1

has its roots in the fire movement, the financial independence or tire early movement. It's

1:46.3

a three day gathering of speakers and attendees who are interested in really diving into

1:52.8

fire. I spoke at the most recent conference last year, and you're going to hear that

1:58.2

speech in this upcoming episode. You'll also hear speeches from Rich Jones and Carl

2:03.2

Jensen delivered from the stage at the same conference. And we're all talking about

...

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