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ChooseFI | Financial Independence Podcast

What Do You Want To Be When You Grow Up?

ChooseFI | Financial Independence Podcast

Jonathan Mendonsa & Brad Barrett | Choose FI Media, Inc

Careers, Investing, Business

4.85.2K Ratings

🗓️ 27 June 2022

⏱️ 50 minutes

🧾️ Download transcript

Summary

Most people cling to careers they've outgrown because they fear what comes next — but what if you could test-drive your dream life without burning everything down? Jessica, who previously appeared on episode 229, has spent the past two years doing exactly that. She quit her job to launch a coaching business, and now she and her husband Corey are planning a three-week road trip through Maritime Canada while working remotely. Their story challenges the rigid either/or thinking around financial independence and careers, revealing how concepts like Coast FI and Slow FI can create breathing room to experiment with what you actually want. Timestamps [00:01:54] Introduction to Jessica Jessica shares what's changed since her last appearance on the podcast. [00:02:45] Jessica's Journey to Entrepreneurship Started a coaching business on the side Transitioned to full-time entrepreneurship Importance of aligning work with personal values [00:03:36] Location Independence Plans Plans for a three-week road trip to Maritime Canada Exploring the concept of working from the road [00:10:12] Societal Pressures in Career Choices The 'shoulds' imposed by society Understanding personal desires versus societal expectations [00:19:43] Understanding Slow FI and Coast FI Slow FI: an intentional pace towards financial independence Coast FI: reaching a savings point for long-term financial goals without further contributions Coast FI Explanation [00:41:05] Experimentation and Confidence Experimenting with different life choices to find satisfaction Taking small actions and learning from them Key Quotes Jessica: "Aim to be a person who loves life and inspires others." [00:16:01] Jessica: "Financial freedom opens doors to being and doing anything you desire." [00:45:20] Action Steps Identify one area in your life where you can experiment and test a new direction [00:41:05] Reflect on and differentiate between what you want versus societal 'shoulds' [00:10:12] Resources The Fioneers Blog [00:47:30]

Transcript

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0:00.0

What do you want to be when you grow up?

0:02.0

We were inviting Jessica from the fine ears to join us back on the show.

0:05.5

It's been nearly two years since we had her on and we were going to discuss this exact topic.

0:10.0

Then my son graduated preschool and it all got real.

0:13.0

Welcome to the ultimate ground source personal finance show. This is Choose FI.

0:17.0

You're listening to Choose FI Radio.

0:20.0

The blueprint for financial independence lives here.

0:25.0

If you're looking to unlock the secrets to financial independence and early retirement, you're in the right place.

0:40.0

Stay tuned and join a community of like-minded people who are getting all fans to know and taking control of their lives in the pursuit of financial independence.

0:49.0

Choose FI. You're home from financial independence online.

0:54.0

Find out more about the future of the show.

1:04.0

Our guys are very excited to dive into this week's episode and help me with this.

1:08.0

I have my co-host Brad here today. How you doing, buddy?

1:10.0

Oh, Jonathan, I am doing quite well.

1:12.0

Man, you just peeked my interest there with that intro.

1:15.0

That's the cliffhanger of all cliffhangers.

1:17.0

But first let's talk about Jessica. She was on episode 229 with her husband, Corey.

1:24.0

We got to learn about their story, about their intro to the FI community, about managing stress by leveraging FI.

1:30.0

It was a really great conversation.

1:33.0

We talked a lot about slow FI and coast FI and all of these things about building a life that you want to live into.

1:41.0

And that's actually what we brought Jessica back on to talk about two years on as she's learned more about herself and her life.

1:48.0

And she's worked with people in the FI community.

...

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