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ChooseFI

403 | Alignment & Adjustments | Scott & Taylor Rieckens

ChooseFI

Brad Barrett | Choose FI Media

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

4.8 • 5K Ratings

🗓️ 24 October 2022

⏱️ 68 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In this episode: balancing deprivation and happiness, making adjustments, everything is negotiable, the evolution of alignment, adjusted awareness, and intentionality in community.

Five years ago, Scott and Taylor Rieckens publicly began their path to FI by creating the fantastic documentary "Playing With FIRE." The documentary depicts their life as they start out and navigate the early stages of their FI journey, which is often the period of time when we act our most frugal, cut as many expenses as possible, and in turn save as much as we possibly can! While this kind of lifestyle is a great jumping off point early in the FI journey, oftentimes people find this lifestyle to be limiting and ultimately detrimental to their own happiness. Now that Scott and Taylor are significantly further down the path compared to the last time we heard from them, we decided to have them return to the show to discuss the adjustments they have made in their lifestyle in order to live in a manner that fully aligns with their idea of a happy life! Remember, FI isn't suppose to limit your ability to be happy, rather it exists to enhance your life and help you find fulfillment as progress down the road less traveled.

Scott and Taylor Rieckens:

Timestamps:

  • 1:59 - Introduction
  • 2:38 - What Makes You The Most Happy?
  • 8:41 - The Evolution of Alignment and Adjusted Awareness
  • 18:30 - The Craziest 36 Months
  • 23:13 - Revisiting What's Important After Evolution
  • 35:05 - Balancing Deprivation and Happiness
  • 37:58 - Making Adjustments
  • 43:03 - Decisions Are Based On The Information You Have
  • 49:57 - Wonderful Evolutions and Learning Together
  • 51:23 - Everything is Negotiable
  • 57:02 - Everybody is the Star of Their Own Movie / Intentionality in Community
  • 66:34 - Conclusion

Resources Mentioned In Today’s Episode:

More Helpful Links and Resources:

Transcript

Click on a timestamp to play from that location

0:00.0

All right, hello and welcome to Choose A Five.

0:02.5

Today on the show, we have a real treat.

0:04.7

So we have a blast from the past.

0:07.4

This should be fantastic.

0:08.5

So Scott Rickens, for longtime listeners,

0:10.9

got in touch with us back at the very beginning

0:13.6

of Choose A Five.

0:14.5

So in early to mid 2017, after he had just found the five

0:19.4

community through Mr. Money mustache on the Tim Ferris show.

0:23.6

And it was like a bolt of lightning for him.

0:26.6

And he actually decided to embark on a journey

0:29.7

with his wife, Taylor, to really try out this world,

0:33.8

try out this life of fire and record it for posterity

0:38.6

in a documentary that became playing with fire.

0:41.4

So this is actually the update, because interestingly,

0:44.7

when Scott was on our show for the first time in episode 37,

0:48.2

he talked about this being a long-term journey of 10 years

0:51.7

or more, and we are five plus years in.

0:54.4

So it's that perfect middle point

0:56.8

that some people like to refer to as the doldrums, right?

0:59.9

Like what happens after you've made all the changes

1:03.0

and you're still on that path?

...

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