BiggerPockets Money Podcast

For those who have money… or want more of it! Join Mindy Jensen and Scott Trench (from BiggerPockets.com) weekly for the BiggerPockets Money Podcast. Each week, financial experts Mindy and Scott interview unique and powerful thought leaders about how to earn more, keep more, spend smarter, and grow wealth.

https://www.biggerpockets.com/podcasts/money

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episode 92: An Introduction to Financial Independence with Chris Mamula, Brad Barrett and Jonathan Mendonsa


Personal finance is easy, right? You read a blog or listen to a podcast and just follow everything they did. Easy, Peasy, Lemon Squeezy.

Except that’s not how the world works. What brought success to one person may bring misery - and ultimately failure - to someone else. Personal Finance is P-E-R-S-O-N-A-L!

Of course that said, there are some general principles that apply to everyone: 

  • Spend less than you earn
  • Invest wisely
  • Increase your income
  • Track your spending
  • Be money conscious

Chris Mamula, Brad Barrett and Jonathan Mendonsa are the authors of ChooseFI: Your Blueprint to Financial Independence, a new book for ChooseFI Publishing. They join us today to share the basics of Financial Independence, and to remind us that Financial Freedom is available for everyone.

Topics:

  • What their book is all about
  • The framework they applied to the concept of financial independence
  • Deconstructing rules and create new mindset
  • Things they questioned that started to fall apart
  • How to frame the conversation to attract and get more people interested on financial independence
  • The concept of spending less money 
  • Principles on how to cut your expenses
  • Learn the rules of money and math
  • How to earn more income
  • How they approach on investing
  • The final step towards financial independence
  • And SO much more!

Links:

  • Mr. Money Mustache
  • Mad Fientist
  • YNAB
  • Mint
  • Frugalwoods
  • BiggerPockets Money Podcast 10: Designing a Frugal But Luxurious FI Life by Age 32 with Liz Thames
  • BiggerPockets Money Podcast 86: Choosing the Right Investment Type for Your Goals with David Stein
  • Budgets Are Sexy
  • Twitter - Dad Jokes
  • Scott's Instagram
  • ChooseFI
  • ChooseFI Podcast
  • Eat The Financial Elephant
  • Can I Retire Yet?

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 September 30, 2019  1h22m