Interview on the FI Show: Financial Independence Philosophy and Origin Story | Paula Pant from Afford Anything

Afford Anything | Make Smart Money Choices

Paula Pant | Cumulus Podcast Network

Entrepreneurship, Investing, Business

4.7 • 3.6K Ratings

🗓️ 30 September 2019

⏱️ 64 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

#217: It’s September! If you’ve been listening to the show for the past few months, then you know that I’m on what I’ve dubbed my September Sabbatical, in which I’m taking a break from podcast production and traveling the globe. In light of that, we’re digging through the archives and airing some of my favorite interviews on the show, in between airing interviews I’ve done on other podcasts. Earlier this year, Cody and Justin from The FI Show interviewed me and asked some excellent questions about my journey to financial independence, entrepreneurship and passion, and minding the gap between your income and expenses. We talk about the importance of side hustling and how to create a well-paying job from your skills. We touch on real estate and why I chose this strategy to reach FI. We also discuss the bone I have to pick with the financial independence movement. Finally, we chat about what financial independence is really about, because it’s not about sipping margaritas on a beach. It’s about having the freedom to use your time in whatever way you want. I hope you enjoy it as much as I did! Thank you to Cody and Justin for giving us permission to air this interview. P.S. - Starting with the next episode, we’ll return to our usual routine of brand new interviews and Ask Paula episodes. :) For more information, visit the show notes at https://affordanything.com/episode217 Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	You can afford anything but not everything.
0:10.8	Every decision that you make is a trade-off against something else and that doesn't just
0:14.1	apply to your money.
0:15.3	That applies to your time, your focus, your energy, anything in your life that's a limited
0:19.0	resource, saying yes to one thing implicitly means saying no to something else.
0:23.7	And that leads to two questions.
0:25.5	Number one, what matters most to you?
0:27.5	Not what does society say ought to, but what actually is a high priority in your life.
0:32.7	That's the first question and the second question is how do you make daily decisions that
0:36.4	support that?
0:38.1	Answering these two questions is a lifetime practice and that's what this podcast is
0:41.7	here to explore.
0:43.0	My name is Paula Pant, I am the host of the Affordable Care Foundation.
0:46.8	And today the release date of this episode is September 30th which means this is the final
0:51.4	episode in what I have been calling the September sabbatical content.
0:55.7	So if you're a long time listener of this podcast, as you know, I am taking the month
0:59.4	of September 2019 off in order to travel.
1:03.0	I visited four countries in five weeks and in order to facilitate that during this month
1:08.8	of September 2019, we are airing two things.
1:12.1	Number one, we're airing some of the interviews that we've held in our archives, interviews
1:15.9	that came out one, two, three years ago that many of you haven't heard.
1:20.1	And then number two, I'm also airing interviews that I have done on other people's podcasts.
	...

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