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ChooseFI

440 | Past Failure Does Not Define Future Success | Amy Minkley

ChooseFI

Brad Barrett | Choose FI Media

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

4.85K Ratings

🗓️ 5 June 2023

⏱️ 56 minutes

🧾️ Download transcript

Summary

In this episode: money against mindset, fear setting, FI events, gap years, slow travel, and living intentionally.

Everyone’s relationship with money is different, just as everyones path to FI looks different, but how do you unlearn behaviors that could be holding you back? This week we are joined by Amy Minkley to discuss how finding FI changed her life while abroad, as well as the the importance of unlearning and breaking free of internalized stress when it comes to money. A large part of the FI journey is implementing new habits and the lessons you pick up along the way. However, an even larger and sometimes harder part of this journey requires you to be introspective and take an honest look at your relationship with money. While you can’t go back and change the past, the beauty of FI is that you learn to make changes to ensure the future you want! No matter what your background, the path to FI is one that benefits everyone, because it not only gives you control of your life, but allows for independence to create the future you desire. So while it may feel comfortable to approach this journey by thinking of all the ways things can go wrong, remember to think of all the ways things can go right!

Amy Minkley:

Timestamps:

  • 1:01 - Introduction
  • 4:29 - How Amy Found FI
  • 8:47 - Money Against Mindset
  • 16:24 - Making The Tough But Right Choices For You
  • 22:18 - International Teaching
  • 27:43 - Fear Setting
  • 36:20 - Living Intentionally
  • 42:25 - FI Events
  • 46:56 - Gap Years And Slow Travel
  • 52:19 - Conclusion

Resources Mentioned In Today’s Episode:

More Helpful Links and Resources:

Transcript

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0:00.0

Hello and welcome to Choose a Phi. Today on the show we have my friend Amy Minkley who I recently met at the economy conference.

0:06.9

And Amy's story has a little bit of everything. I say that fairly often and it almost sounds right,

0:13.5

but this is the example of literally the story having everything.

0:18.0

And just the short list of topics that we could potentially talk about are leaving a high-paying job,

0:23.3

georbitrage, teaching in Japan, mini-retimerons, international teaching, slow travel, gap years,

0:28.8

Bali, one more year syndrome, finding Phi, and then going to every Phi in person event you could

0:34.7

possibly find. Breaking contracts, asking for jobs back, scarcity mindset, online teaching with kids

0:41.5

in California. I mean, literally we could have probably five to ten episodes here with Amy, so

0:47.2

this might be part one of N, but I think you're absolutely going to love Amy Minkley. Welcome to Choose a Phi.

1:01.2

Thanks, Fred. I'm super excited to be here. Oh, this is going to be great, Amy. And yeah, like I said,

1:07.1

I met you at economy. We became fast friends and we knew we had to do this episode, but more importantly,

1:12.8

yeah, it was just so wonderful to meet you. And you helped me with the one more year syndrome breakout

1:19.2

group, which wound up being a rousing success, though. I think we were a little worried about it at the

1:24.1

beginning, because what's so nice about these Phi events, and I think the power of in-person events,

1:31.0

whether they're choose a Phi local meetup groups to camp Phi's, to economies, to Shitakeweta,

1:37.1

your Phi freedom retreat, which is going to happen later this year, is people just become

1:43.3

these fast friends, right? And we have so much in common, and it really is about meeting other

1:49.6

people there, meeting friends as opposed to listening to a speaker necessarily. And I think you and I

1:55.3

realize that right away, just in that very one hour presentation. Yeah, definitely. I mean, I feel

2:01.0

like when we have the same values as far as money, so many other things fall into place. And we

2:07.4

think outside the box, people in the fire movement, we are living intentionally, we want to design our

2:12.8

life and really utilize our time and our energy to the best of our ability. And so I just find that

...

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