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Afford Anything | Make Smart Money Choices

What’s Your Why? Financial Independence, Debt Freedom and More

Afford Anything | Make Smart Money Choices

Paula Pant | Cumulus Podcast Network

Entrepreneurship, Investing, Business

4.73.6K Ratings

🗓️ 26 August 2019

⏱️ 62 minutes

🧾️ Download transcript

Summary

#211: Hey there! I’m writing this from Croatia, where I’m beginning five weeks of travel that I’m calling my September Sabbatical. From now through September 23rd, I’ll be exploring the globe and enjoying a one-month break. Today, I’m kicking things off with a community-based episode. Here’s the backstory behind today’s show: There’s an event called CampFI, which is a 3-4 day gathering for people who are interested in financial independence. CampFI holds around half a dozen events per year in various locations; I spoke at one in Colorado Springs this past July. While I was there, two other podcasters and I decided to interview the participants to find out their “why of FI.” What motivates them to build financial independence? These interviews and stories from the community are today’s episode. Enjoy! For more information, visit the show notes at http://affordanything.com/episode211 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.

0:10.6

Every decision that you make is a trade-off against something else, and that doesn't

0:13.6

just apply to your money.

0:14.8

It applies to your time, your focus, your energy, your attention.

0:18.2

It applies to anything in your life that's a scarce or limited resource.

0:21.1

That leads to two questions.

0:22.4

Number one, what matters most to you?

0:24.6

Not what does society say should, but what actually is a high priority in your own life?

0:29.4

Number two, how do you align your daily decisions in accordance?

0:33.6

Answering these two questions is a lifetime practice, and that is what this podcast is

0:36.6

here to explore and facilitate.

0:38.8

My name is Paula Pan.

0:39.8

I'm the host of the Affordable Care Foundation.

0:41.9

Today's episode is going to be very different from most of ours.

0:45.4

So if you are a brand new listener, if this is your first time tuning in, I wouldn't recommend

0:49.9

starting with today's episode.

0:51.8

Check out some of our previous shows to get a better feel for what we normally do, because

0:55.0

today we are hosting a very community-based episode.

0:59.9

So here's the background.

1:01.4

At the beginning of July, I made a presentation at an event in Colorado Springs called Camp

1:07.2

FI.

1:08.2

Now Camp FI stands for Camp Financial Independence.

...

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