Seven Ways to Escape the Rat Race - with Michael Robinson

Afford Anything | Make Smart Money Choices

Paula Pant | Cumulus Podcast Network

Entrepreneurship, Investing, Business

4.7 • 3.6K Ratings

🗓️ 28 October 2019

⏱️ 62 minutes

🔗️ Recording | iTunes | RSS

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Summary

#222: Michael Robinson and his wife, Ellen, achieved financial independence at age 33. They ‘retired’ (they still enjoy working) three years later at age 36 on two five-figure incomes. Today, Michael and Ellen are raising their two children to be bilingual by slow traveling throughout Latin America. Michael and Ellen blog about their FIRE adventures at uncommondream.com. They believe that “the Uncommon Dream is the dream pursued – the dream met with planning, action, and sacrifice. With just a dream and those three tools, you can accomplish almost anything.” Today, Michael joins us on the show to talk about the seven ways that he and Ellen escaped the rat race and achieved FI at 33. If you enjoy hearing stories and case studies from people in this community who have reached FI, then you’ll love this interview. For the full show notes, go here: https://affordanything.com/episode222 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.
0:10.4	Every decision that you make is a trade-off against something else and that doesn't just
0:13.2	apply to your money.
0:14.4	That applies to any limited resource that you need to manage, such as your time, your
0:18.3	focus, your attention, and your energy.
0:21.0	And so that leads to two questions.
0:23.5	Number one, what do you value the most?
0:25.8	What are your priorities?
0:27.2	And number two, how do you align your day-to-day decisions in a way that reflects those priorities?
0:33.2	Answering these two questions is a lifetime practice, and that's what this podcast is here
0:36.4	to explore.
0:37.8	My name is Paula Pant, I'm the host of the Affordable Care Foundation.
0:40.5	And today, we are talking with Michael Robinson about seven ways to escape the rat race.
0:47.0	Michael Robinson and his wife, Ellen, achieved financial independence at age 33.
0:51.9	They quote unquote, retired, meaning they left their primary place of occupation three
0:56.6	years later at the age of 36.
0:58.7	And they did all of this on two five-figure incomes.
1:03.2	So both Michael and his wife, Ellen, both of them, earned in the five figures for their
1:09.0	entire career and still reached FI and retired in their 30s.
1:14.6	Today, Michael and Ellen are raising their two kids to be bilingual by slow traveling through
1:19.6	Latin America with their kids.
1:22.4	They blog about this at UncommonDream.com.
	...

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