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Afford Anything | Make Smart Money Choices

The Unbelievable Power of Building a Community - Live at FinCon

Afford Anything | Make Smart Money Choices

Paula Pant | Cumulus Podcast Network

Investing, Entrepreneurship, Business

4.7 • 3.6K Ratings

🗓️ 10 October 2016

⏱️ 27 minutes

🧾️ Download transcript

Summary

#46: This episode is a little unusual because I interviewed fellow podcast listeners live at FinCon (a conference for financial bloggers). Why? To get to know you and understand you better. I want to know what makes you tick, and where your interest in money comes from. Ultimately, why you're here, listening to this podcast, when most people couldn't care less about these topics. Why are you different? To discover that answer, here are some of the questions I asked our panelists: • Why did you decide to make learning about personal finance your hobby? Why do you spend hours reading blogs and listening to podcasts about money? • What made you approach personal finance head-on, rather than burying your head in the sand, like most people do? • Do people in your "regular" life know that you want to retire early and reach financial independence? Or do you avoid talking about this because people give you funny looks when you mention it? • Have you all had the same experience that community - finding like-minded individuals - is important in this journey?
 I hope you were able to learn and identify with your fellow listeners about why you manage your limited resources in such a conscientious way. The chief takeaway I got from this episode was the importance of building a community, which is critical to maintaining motivation on the journey to reach financial independence. Not only that, but you're the average of the five people you spend the most time with. Seek out a support system of people with similar values and goals to have your back when times get tough.   Resources Mentioned: 
 • Nick: True Tightwad • Melissa, "The Roamer": Traveling Wallet • Emma: Emma Lincoln • Gwen: Fiery Millennials • The One Percent Challenge Facebook Group • Everything I Know About Blogging, Condensed into One Post • Financial Independence Subreddit • Meetup.com -- Paula 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, and that's true not just of your money but

0:12.9

of your energy, time, attention, any scarce resource in your life.

0:17.1

My name is Paula Pant, host of the Afford Anything Podcast.

0:20.2

Today's episode is really unusual.

0:22.8

It's also one of my favorites.

0:25.2

If you've been listening to us for a while, you've probably noticed that most episodes

0:29.8

feature interviews with authors and influencers.

0:34.2

People like New York Times bestselling authors, Gretchen Rubin, Chris Gilebo, Cal Newport,

0:40.6

Laura Vandercam, JD Roth, who started a major website, Jim Wang, who also started a major

0:46.8

website.

0:48.4

These are people who have made a career out of talking about these topics.

0:55.2

And while they have many valuable insights to share, there's not the only voices.

1:02.2

In today's episode, which I recorded live from the Trade King Podcasting Stage at FinCon,

1:09.8

which is a conference held once a year, that's right, finance now has its own con.

1:15.8

I decided to talk to four of your fellow community members.

1:20.2

Their names are Nick, Melissa, Emma, and Gwen.

1:24.4

I'll let them all introduce themselves and share their story of why they decided to become

1:31.9

part of an unusual community, a community of people who want to gain financial independence

1:39.3

and live their best life in a world where so many people accept the default.

1:45.8

Hey there, I'm super glad you could come onto today's show.

1:56.3

I'd like each of you to introduce yourselves.

1:58.4

Nick, let's start with you.

...

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