401 | Court from Modern FImily Returns

ChooseFI

Brad Barrett | Choose FI Media

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

4.8 • 5K Ratings

🗓️ 17 October 2022

⏱️ 66 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In this episode: finding unknown opportunity, creating your lifestyle as you go, overcoming the down period, real estate renting, and what reaching FI looks like.

Once you’ve set your FI number and put plans into action, it’s tempting to want to do everything in your power to reach that goal as soon as possible, potentially by working longer hours or cutting out expenses in your life in order to save more. But by doing this are you cultivating the lifestyle you want to live after your goal is met? On this week's episode we are re-joined by Court from Modern FImily to update us on her FI journey, the changes she has made over the last few years, and her rewarding takeaways from being flexible on her journey. The beauty of FI is that it is a personal journey, and it’s one YOU create to reflect YOUR lifestyle! It is important to remember that by rushing to meet your goal, you may be adding more stress than needed, and missing out on the lessons, hacks, and new opportunities (or use experiences) that come with starting this journey!

Court From Modern FImily

Website: modernfimily.com
Instagram: @modernfimily

Timestamps

1:51 - Introduction
2:28 - Update From Courtney
8:22 - Testing to Find Unknown Opportunity
14:19 - Creating Your Lifestyle on the Journey
20:10 - Overcoming the Down Period
25:27 - What Do You Want Your Life to Look Like?
28:30 - Finding Free Activities
37:03 - Annual Passes and Finding Groups
41:25 - Real Estate Renting and Simplicity
48:37 - Flexibility and Taking Advantage of Whats Available
52:04 - What Reaching FI Looks Like
64:23 - Conclusion

Resources Mentioned In Today’s Episode

More Helpful Links and Resources:

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
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

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0:00.0	All right, hello and welcome to Choose a Five.
0:02.6	Today on the show we have a returning guest,
0:04.6	who's actually one of my favorite guests.
0:06.3	So we had court way back when in episode 166,
0:10.7	so it's almost three years ago.
0:12.5	And she just had an amazing story,
0:15.1	just an incredible story of being a valuist,
0:18.2	of paying off her student loan debt extraordinarily quickly,
0:22.7	of coming up with her own part-time shift work
0:27.0	in an industry where that was not the norm.
0:29.6	And it was just this perfect, beautiful, five story.
0:33.0	And her about us page on her website,
0:35.9	I noticed recently, said,
0:37.5	court is currently taking off work for 61 weeks
0:41.0	as part of Canada's generous parental leave program
0:44.0	to test out the fire life.
0:46.0	We shall see if she decides to return to the part-time gang
0:49.6	in September 2022, as of this update, it's unlikely.
0:53.9	So I am recording this with court in September of 2022,
0:57.8	and I'm just fascinated to hear what the end
1:01.2	to this cliffhanger is.
1:02.5	So with that, welcome to Choose a Five.
	...

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