Most people think playing golf regularly requires a country club membership and a six-figure income. One ChooseFI caller proved that wrong—he plays 100+ rounds per year on a modest budget. Jonathan Mendonsa and Brad Barrett explore the caller's system for enjoying golf without breaking the bank, then apply the same strategic thinking to car ownership decisions. The conversation reveals how a simple "hobby checklist" can help evaluate whether leisure activities align with financial goals, and why analyzing the true costs of major purchases matters more than monthly payment amounts. Key Topics [00:03:08] Car Ownership Economics True costs beyond the sticker price New vs. used comparison Depreciation and maintenance considerations Long-term impact of extended payment plans on financial independence [00:53:15] Golf on a Budget Creating a spreadsheet of local course options Low-cost memberships and discount strategies Twilight hours and off-peak opportunities Working at courses for free playing privileges [00:58:00] Hobby Checklist Framework Evaluating time and money spent against value received Ensuring leisure activities align with financial priorities Researching options before committing to expenses Key Quotes "Discipline equals freedom." [00:15:17] "You can't just assume this is going to cost money; there are always ways to enjoy things without overspending." [00:58:13] "If you say that this is important, if you say that this is part of your ideal day or week or month, and you're not doing it right, you're not spending time or resources on it." [00:21:05] "It all comes down to what you value in life." [00:56:51] "You have reached financial independence when you make choices with intention." [00:23:44] Terminology FI (Financial Independence) - Having sufficient personal wealth to live without working actively for basic necessities, typically achieved through saving and investing. [00:23:01] Opportunity cost - The loss of potential gain from other alternatives when one alternative is chosen; essential for financial decision-making. [00:20:25] Resources Beginner's Guide to Reaching Financial Independence [00:26:13] Related Episodes Episode 083: Cody Berman from Flightify [00:59:20] Episode 022: The True Cost of Car Ownership [00:03:31]