406 | 18 Months of Massive Action | Josue

ChooseFI

Brad Barrett | Choose FI Media

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

4.8 • 5K Ratings

🗓️ 7 November 2022

⏱️ 80 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In this episode: taking action, asking questions, navigating information, getting to where you want to go, the reason we learn, and growth mindsets!

Beginning your FI journey often means facing a lot of unfamiliar knowledge being thrown at you. With all the resources and alternative information provided, we know firsthand that it can be overwhelming. However, you should not feel intimidated to start your FI Journey! This week we are joined by an avid ChooseFI listener Josue to discuss the power that comes with learning new information, as well as the importance of taking action from information presented! No matter what financial or educational background you come from, your FI journey starts from a personal square one. Whether the information and knowledge presented from this journey is completely new or relatively familiar, there can be a sense of motivation that can be gained from continuing this journey! If you are searching for early FI excellence defined, then look no further than Josue!

Timestamps:

1:48 - Introduction
2:41 - 18 Months Ago...
5:53 - What Made You Chase FI?
10:43 - Taking Action and Asking Questions
17:30 - Growth Mindset and Changing
20:07 - Navigating Information/Combatting Echo-chambers
33:07 - Getting Where You Want To Go and How Josue Did It
39:40 - The Cost of Not Knowing
42:43 - Retirement Accounts
51:50 - This is Why We Learn/Life Insurance
56:36 - Leasing Cars
60:16 - Savings Rate Based On Value
65:47 - Josue Takes The Hot Seat
77:09 - 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
Keep learning or start a new side hustle with one of our educational courses
Commission-Free Investing with M1 Finance

Transcript

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0:00.0	All right, hello and welcome to Choose If I. Today on the show we have a Choose If I Community member,
0:06.3	Husswey from Southern California, and he wrote into me a couple months ago with just an incredible
0:14.0	email that just it absolutely blew me away. And I knew we had to bring his story to the podcast
0:20.9	and to the larger community because it's just a tale of everything we talk about here. Everything
0:27.1	that's good about the Choose If I message is encapsulated here in his story. It's taking a
0:33.4	immense action with your finances, right? Doing all of these things that move you in their
0:39.1	direction. It's about upping your mental game and stopping that drift. As he said in the email,
0:46.5	I was drifting through life on the standard path, but now I am choosing FI. And I just absolutely
0:53.2	love that and it's sent chills down my spine and I knew we had to have them on the podcast.
0:58.2	So with that, welcome to Choose If I. You're listening to Choose If I Radio.
1:05.5	The blueprint for financial independence lives here.
1:16.2	If you're looking to unlock the secrets to financial independence and early retirement,
1:21.2	you're in the right place. Stay tuned and join a community of like-minded people who are
1:26.2	getting all things to do and taking control of their lives in the pursuit of financial independence.
1:32.2	Choose FI. You're home for financial independence online.
1:36.1	All right. If it's way, welcome to Choose If I am. I'm so excited to have you here.
1:51.6	You're right. Thanks for having me. Yeah. That should be a lot of fun. I'm just looking
1:54.9	forward to chatting with you. We had a nice little 10-minute talk before we have record.
1:59.5	You just instantly felt like a friend and I mean that as sincerely as humanly possible.
2:06.2	I would love to just have a chat with you because I think that's what's so important.
2:11.2	It's like finding people's stories in FI. And how we're all on this path together.
2:19.4	And it really is as we say, this is a crowdsourced personal finance show.
	...

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