The Fioneers – Learn How SloFi Can Make Your Life Better – interview with Jessica Fioneers

Money Tree Investing

Money Tree Investing Podcast

Stockmarket, Valuestocks, Investing, Finance, Passiveincome, Wealth, Business, Personalfinance

4.6 • 658 Ratings

🗓️ 17 July 2020

⏱️ 49 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

This week we interview Jessica Fioneers about SloFi.

It is a acronym bonanza

SloFI...

FIRE...

YOLO...

and F-You money... well the last one is not quite an acronym, but who doesn't want that.

For more information, visit the show notes at https://moneytreepodcast.com/fioneers-slofi-make-your-life-better

Transcript

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0:00.0	Welcome to the Money Tree Investing Podcast. Stock market, wealth, personal finance, value stocks, invest in your life.
0:11.3	Welcome to this week's episode of the Money Tree Investing Podcast. We are excited today because we are taking a kind of different look at financial independence. We have Jessica here from
0:22.6	the pioneers. Hi, Jessica. Thanks for coming. Hi, thanks for inviting me. So this is really cool because
0:29.7	you're involved in what is called slow-fi, right? Slow financial independence. Yep. We think of
0:36.1	financial independence, really like we think of the
0:38.0	popularized version of like fire, living super cheap and super frugal and investing everything and
0:43.4	retiring at age 30. And I mean, that's that's kind of like the caricature of financial independence.
0:49.9	So tell me about slowfi. What's the idea behind slowfi? Well, I mean, you basically invented
0:56.6	slowfi. So tell me about slowfi. Many people who are pursuing fire decide that they're going
1:04.4	to retire maybe by the age of 30. I didn't actually learn about financial independence until I was 30.
1:10.1	So that was not going to be an option for me. And when I heard about financial independence until I was 30. So that was not going to be an option for me.
1:13.2	And when I heard about financial independence, I was like already in a job that I was really
1:19.3	miserable at. I was burned out. I was working 50 hours a week, commuting an hour and a half a day.
1:25.4	And I just could not imagine continuing to live that way for the
1:29.1	next 10 years. And so pretty quickly realized that I didn't need to do that, that I would be able to
1:38.4	use some of the financial freedom that we already had to be able to live a better life now along the journey.
1:46.7	So we coined the term slow-fi because we felt like there was a need, there needed to be a
1:52.3	term for people who were intentionally choosing to use their financial freedom to improve
1:57.9	their lives along the journey to pie. So there was a balance between
2:01.9	saving for the future and living a really great life today. And so we kind of were inspired by the
2:08.5	like slow living and the slow food movement that focuses on intentionality, on health, on connection
2:14.4	with the world around you to say we want to pursue FI, but we want to do it
	...

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