Dark Side of Value

ChooseFI | Financial Independence Podcast

Jonathan Mendonsa & Brad Barrett | Choose FI Media, Inc

Careers, Investing, Business

4.8 • 5.2K Ratings

🗓️ 19 January 2018

⏱️ 71 minutes

🔗️ Recording | iTunes | RSS

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Summary

Most people think financial independence is a solo marathon. But what if the real secret is who runs beside you? At Camp FI, Jonathan and Brad saw firsthand how community transforms the journey to FI. They share stories from the event, from board game nights that forge lasting friendships to roundtable discussions that shift perspectives. One attendee's observation particularly resonated: when change seems possible in a group setting, it becomes more real for individuals. The hosts dig into practical ways to build these connections, starting with local FI groups. These gatherings exist in cities across the country—and if one doesn't exist near you, the resources are available to start one. The conversation also addresses a critical relationship challenge: aligning financial goals with your partner. Without that alignment, even the best laid FI plans can falter. Chapters [00:00:00] Introduction and Background [00:04:44] Community Highlights [00:08:43] Feedback from Camp FI [00:10:59] Building Local Groups and Community [00:40:14] Pension Advice and Support Systems Key Quotes "Community is at the heart of life optimizations." [00:14:01] "Bonding over board games with your tribe is priceless." [00:07:26] "Choosing how to spend time in FI is empowering." [00:07:20] "Local groups are accessible everywhere." [00:10:59] "Community enhances the potential for personal change." [00:12:08] Resources ChooseFI website resources The Power of Habit by Charles Duhigg

Transcript

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0:00.0	Congratulations, you have made it to the weekend and this is your Friday Roundup.
0:03.5	My name is Jonathan and my co-hosts name is Brad.
0:05.6	We host a twice a week show on Mondays and Fridays on Mondays.
0:09.6	We explore a new topic or idea on Fridays.
0:12.8	We bring in feedback from our community and we really try to crowdsource the show.
0:16.9	Let me go ahead and take just a second offer just a little bit of background
0:19.7	on who we are and kind of what our approach to this journey has actually been.
0:24.0	Brad is a CPA and Quidditch job in 2015 after being well along the path of FI.
0:28.6	To pursue building businesses from home in a design future that allowed him to spend more time
0:32.9	with his wife and daughters. I followed a little bit more of the prototypical path.
0:37.2	I did my four years of undergrad, got my bachelor's degree, did four years of pharmacy school
0:41.2	and graduated with six figures of student loan debt.
0:44.2	Realizing that this was not what winning looked like, I put every extra dollar I had to
0:49.2	paint off those student loans, cut my expenses down to the bone, shortly after paying off all my
0:54.8	debt, realized that this really wasn't the path for me anymore.
0:58.8	Now, currently, I'm basically starting from scratch and have dedicated my life and my family's
1:03.6	life now to a fully funded lifestyle change that involves growing this community and being a part
1:08.0	of this community through the Choose If I radio podcast.
1:10.9	So that was just kind of a short about us. We have talked about our unique stories and
1:14.7	unique path in earlier episodes. If you'd like to listen to that, that was episode two and
1:19.4	episode four respectively. And when I look back, I realized that this just started in 2017.
1:25.2	This has been a passion project for both of us and it's gone far beyond anything that either of us
	...

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