408 | Debt Payoff, Disney & Taking Action | Audrey

ChooseFI

Brad Barrett | Choose FI Media

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

4.8 • 5K Ratings

🗓️ 14 November 2022

⏱️ 59 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In this episode: taking action, travel rewards, career progression, the mission to net zero, and value propositions for college.

Whether you were raised to live frugally or if the lessons and lifestyle of FI are just now being introduced into your life, the journey to FI is full of ebbs and flow, not only with your finances, but with the knowledge you pick up along the way. This week we are joined by Audrey to talk about her journey with FI, her path to intentionality, and to discuss the power of optimization. Everyone who begins the FI journey comes from a different place of financial literacy, and a lot of the times we may grow up following the “do’s and don’ts” of financial planning that we were raised with. However, you may be missing out on new ways to optimize your FI journey! The best part about FI is that it's a personal journey that allows you to learn new ways to plan, as well as new ways to reallocate your savings and spending in order to live your best life in the present and future!

Timestamps:

1:53 - Introduction
5:03 - Natural Savers
8:25 - Value Propositions For College
11:40 - Tackling Student Loans, The Mission To Net Zero
20:50 - Traveling On Points/Travel Rewards Cards
28:59 - Travel Rewards Hotel Strategy and Point Optimization
32:23 - Credit Cards and Children/Second Generation FI Training
34:50 - Taking Action In Your Post-Debt Life And Evolving
42:16 - Career Progression and Optimization
47:18 - Audrey Takes The Hot Seat
55:24 - 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 a Five.
0:02.5	Today on the show, we have an episode
0:04.7	that I've really been looking forward to since I saw
0:08.1	a Facebook post.
0:09.4	So in our Choose a Five Facebook group,
0:11.9	we get a lot of amazing posts,
0:14.3	but this one stuck out to me.
0:15.8	So Audrey wrote long post ahead,
0:19.0	and then she went through this incredible,
0:21.4	incredible list of actions that her and her husband
0:24.7	have taken since finding the Choose a Five community.
0:27.9	And it runs the gamut from taking countless trips
0:31.4	using travel rewards to finding a new career path,
0:35.2	to little things like optimizing taxes,
0:37.7	reducing cell phone expenses,
0:39.3	and attempting to max 401k.
0:41.6	So it's got a little bit of everything,
0:43.5	and I'm just really excited to dive into this story
0:46.7	of a family taking action.
0:48.8	Because as you know, at Choose a Five,
0:50.5	we exist to convince you, to compel you,
0:54.6	to take actions to make your life better.
	...

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