Why is personal finance so complicated? Even worse, the Internet is full of personal finance “experts” providing short-sighted, error-prone, and outright bad financial advice. Jesse Cramer has a knack for using everyday experiences to make personal finance accessible for the average investor. His extensive research coupled with skilled narrative makes personal finance actually enjoyable. By day, Jesse works for a fiduciary wealth management firm in Rochester, NY. By night, he runs The Best Interest - nominated in 2022 for "Personal Finance Blog of the Year.” The Best Interest simplifies personal finance and investing to make your life easier, smarter…and a little richer, too. Come invest in knowledge with The Best Interest.
https://bestinterest.blog
When Scary Career Risks Get Remarkable Results | Doug Cunnington - E72
Today’s show features Doug Cunnington, one of the hosts of the financial independence podcast Mile High FI. Doug highlights how he took conservative risks along the way to FI, and walks us through his career journey to financial independence. We discuss misconceptions about the FIRE movement, how to prepare for financial emergencies, and why it’s never too late to start your own journey to financial goodness. This episode is a must listen!
Key Takeaways:
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What is risk, really? And how can you live with it?
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How to estimate risk in investing, and in yourself.
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The difference between volatility and risk.
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Why you need to do “financial fire drills.”
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How Doug set himself up for financial independence.
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What people get wrong about FI/RE.
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How to move on from a financial mess by looking forward.
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Stoicism and personal finance.
Mentions:
???? Website: https://bestinterest.blog/
???????? LinkedIn: https://www.linkedin.com/in/doug-cunnington-pmp-a850435/
????️ The Mile High FI Podcast: https://milehighfi.com/
???? Youtube Channel: https://www.youtube.com/@DougCunnington
???? Career Change – Is It A Risk?: https://bestinterest.blog/career-change-risk/
???? Investing “Fire Drills”: https://bestinterest.blog/foxes/
???? Mr. Money Mustache: https://www.mrmoneymustache.com/
???? Ryan Holiday: https://ryanholiday.net/ryan-holiday-books/
???? Smart Passive Income: https://www.smartpassiveincome.com/shows/spi/
More of The Best Interest:
Check out the Best Interest Blog at bestinterest.blog
Contact me at jesse@bestinterest.blog
The Best Interest Podcast is a personal podcast meant for educational and entertainment. It should not be taken as financial advice, and is not prescriptive of your financial situation.