Physician on FIRE – Geographic Arbitrage, Sunk Costs, and Gangsta Rap

Financial Independence Podcast

The Mad Fientist

Taxavoidance, Business, Geographicarbitrage, Investing, Tax, Earlyretirement, Travelhacking, Entrepreneurship, Travel, Personalfinance, Stocks, Minimalism, Realestate, Frugality, Retirement, Financialindependence

4.8 • 1.7K Ratings

🗓️ 14 November 2017

⏱️ 20 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

It’s been a while since I posted a new Financial Independence Podcast episode but I’m excited to share one with you today!

Mr. and Mrs. 1500 from 1500Days.com joined me live at FinCon in Dallas to interview the Physician on FIRE!

We sadly only had 25 minutes to record so it’s a short interview but it’s a fun one.

If you ever wanted to hear Mrs. 1500 rap, this episode is definitely for you :)

And if you ever wanted to hear what a podcast sounds like when two out of the three hosts are ridiculously hungover, this one is also for you (see if you can figure out which host is the sensible one).

I’ll be back to my longer, more in-depth interviews soon but for now, I hope you enjoy this wild and entertaining conversation with the Physician on FIRE!

Highlights:

How to separate your identity from your job
Using geographic arbitrage to spend less while getting paid more (without ever leaving the United States)
How to deal with sunk costs
What it’s like finding FIRE after already achieving financial independence
Plus, an amazing (and original) gangsta rap verse performed by Mrs. 1500!

Transcript

Click on a timestamp to play from that location

0:00.0	I'm blind to give you a new finance.
0:05.0	Hey, welcome everybody to the Financial Independence Podcast, the podcast where I get
0:09.4	inside the brains of some of the best and brightest in the personal finance space to find
0:12.4	out how they achieved financial
0:13.5	independence.
0:14.5	I know it's been a while since I've released an episode and I'm sorry for that.
0:18.1	I've been traveling quite a bit for the last few months.
0:20.9	But I'm back in Scotland now and I have a lot of really exciting
0:23.5	episodes planned for the rest of the year so I'm excited to be back behind the mic and
0:27.5	I'm looking forward to sharing this episode with you today because it's a special one.
0:30.8	You may remember in previous episodes I've recorded
0:34.4	podcast live from FinCon the Financial Blogger Conference and this year was no
0:39.6	difference so I was just in Dallas for FinCon 2017 and had a great time and got to record on the
0:47.3	podcasting stage there and if you recall from previous years every time I've
0:52.4	recorded live at FinCon I've had Mr and Mrs. recall from
0:55.0	Fincol on Fincan I've had Mr and Mrs. 1500 from 1500 days.com joining me.
0:57.0	In 2015 they interviewed me for episode number 14
1:00.0	and in 2016 I interviewed them for episode number 26.
1:03.6	So for this year I figured why don't they join me as co-host and we can interview someone
1:07.8	else.
1:08.8	That's exactly what we did and we had the pleasure of talking to the physician on fire from physician on fire.com.
1:15.0	The one problem with the recording at FinCon is they only give you like 25 minutes.
	...

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