Podcasts about fi what

Join weekly tips for pursuing FI What are the major downsides of paying AMT when exercising ISOs? If you're not aware of the liability come tax time, you can create a cash flow nightmare. If you're aware of the liability ahead of time, the main downside is providing an interest-free loan to the IRS with the AMT credits you receive. An AMT credit is considered "non-refundable," meaning you have to have a tax liability in a future tax year that can be offset. Depending on your tax situation in future years, it could take a while to recoup your AMT credit.

What gives you joy and purpose? This week on the podcast, Doc G, a hospice physician and the host of the Earn & Invest podcast, shares the emotional and mental journey to reaching Financial Independence (FI).  Doc G explains that often we see money as the goal, but money is a tool to get to where we really want. We can very easily chase the end goal of financial freedom and feel empty and lost once we reach there and lose our purpose. The journey shifts when we start by discovering our purpose and prioritizing happiness today on the journey. Tune in to this week’s episode to hear more and learn how to use money as a tool on your path to freedom.  In this episode you’ll learn: How Doc G reached Financial Independence (FI) Why he choose to continue working after reaching FI How to use money as a tool & lever The 5 stages of coping with FI What role mindset plays in achieving and enjoying FI and much more... Sign up for my FREE Pop Up Podcast Series, Building Blocks of Financial Success: Get Out of Debt, Save, Invest, and Achieve your Money Dreams”. First episode drops March 29! Go to journeytolaunch.com/moneydreams to sign up. Other related blog posts/links mentioned in this episode: If you missed enrollment, join the waitlist for my FI course. Doors to the Money Launch Club will be opening soon! So get on the waitlist to be the first to hear about it by going to moneylaunchclub.com  Join The Weekly Newsletter List Leave me a voicemail– Leave me a question on the Journey To Launch voicemail and have it answered on the podcast! Watch me on News12  Watch my latest segments on News12 YNAB –  Start managing your money and budgeting so that you can reach your financial dreams. Sign up for a free 34 days trial of YNAB, my go-to budgeting app by using my referral link. Connect with Doc G: Website Instagram:@EarnAnInvest Facebook:@EarnAndInvest Twitter:@EarnAnInvest Connect with me: Instagram: @Journeytolaunch Twitter: @JourneyToLaunch Facebook: @Journey To Launch Join the private Facebook Group Join The Money Launch Club Waitlist  Join the Waitlist for My FI Course Jumpstart Guide

Financial Independence is something so many aspire to achieve, and a movement has been formed around it. Brad Barrett, the co-founder, and co-host of the Choose FI podcast tells us all about FI in this episode.    What you'll learn about in today's episode: What FI is and the difference between that and the FI-RE movement What influenced his path to FI What he has observed amongst Latinos in FI His top 3 tips for someone considering FI For a quick recap of this  episode go to http://www.jenhemphill.com/210   Have you heard the latest? We have a Cafecito Lounge only available on the Himalaya App. You can learn more about it here: http://www.himalaya.com/Dinero   Enjoy this episode and want more?  Be sure to subscribe and follow on your favorite podcast app so you don’t miss an episode.  Ahem, we are big fans of Himalaya.    Want to get social? Let’s connect more on Instagram @herdineromatters   Don’t miss perusing the Her Dinero Matters LOUNGE (my collection of free and paid resources). Create your free account today: https://jenhemphill.com/thelounge   The post Becoming Financially Independent with Brad Barrett | HDM 210 appeared first on the Her Dinero Matters Podcast.

Financial Independence is something so many aspire to achieve, and a movement has been formed around it. Brad Barrett, the co-founder, and co-host of the Choose FI podcast tells us all about FI in this episode.    What you'll learn about in today's episode: What FI is and the difference between that and the FI-RE movement What influenced his path to FI What he has observed amongst Latinos in FI His top 3 tips for someone considering FI For a quick recap of this  episode go to http://www.jenhemphill.com/210   Have you heard the latest? We have a Cafecito Lounge only available on the Himalaya App. You can learn more about it here: http://www.himalaya.com/Dinero   Enjoy this episode and want more?  Be sure to subscribe and follow on your favorite podcast app so you don’t miss an episode.  Ahem, we are big fans of Himalaya.    Want to get social? Let’s connect more on Instagram @herdineromatters   Don’t miss perusing the Her Dinero Matters LOUNGE (my collection of free and paid resources). Create your free account today: https://jenhemphill.com/thelounge   The post Becoming Financially Independent with Brad Barrett | HDM 210 appeared first on the Her Dinero Matters Podcast.

Discussed on today's show: Haaland, MB and what FI need to do in the future How do you convince friends that FI isn't a scam? What would cause a huge crash on FI? What should we expect as an annual return? The Adam Cole Q&A - what were the most exciting bits? Will there be promotions in January? January transfer window New territories What does 2020 hold for FI? If you did enjoy this, please do subscribe- and leave a review! Want to learn more about football index and hone your trading skills? Check out my YouTube channel: https://www.youtube.com/channel/UCBRKBjc-H8EvC15eejJc6GQ If you haven't already signed up to Football Index, use the referral code "FIG" when signing up for a bonus! ⬇ ●Deposit £50 or more, get a £20 bonus ●You also trade up to £500 risk free for 7 days (T&C's: https://trade.footballindex.co.uk/figbonus/) This episode was brought to you in partnership with IndexGain. Check them out here: Index Gain: https://indexgain.co.uk/?pa=FIG&subid=PODCAST and use the discount code 'FIG2020' for 50% off your first month! Music by Nkato, and Joakim Karud

The journey to Financial Independence can be a tough one that is full of ebbs and flows. I believe that it is so important that we share our stories to inspire others that may be experiencing some of the same challenges that we have. That is why I started the Journeyer Profile Series where I’m talking to my listeners and the people in my community about their path to FI. In this week’s episode, I’m speaking with Kari Lorz, who is not only making strides towards establishing financial independence with her husband, but she is also building a financial safety net for her 2 year old daughter to fall back on in the case that she cannot do for herself; as she is ailed by Cerebral Palsy. Keep reading and listen to this week's show to learn more about her story. If you would like to be considered to be a journeyer for the Journeyer Profile Series go to www.journeytolaunch.com/journeyerprofile   When did you discover FI?   I've been really into finance for 4 years, but not until maybe 8 months ago did I discover FI. In the beginning, it was couponing, heavy comparison shopping, then Dave Ramsey, then retirement planning and then I finally found out about FI. Whew!     Why are you pursuing FI? What's your WHY? My main goal with FI is to be able to have enough of a financial cushion so I can stop working to help take better care of my daughter and do better self-care. Right now I am frazzled, not healthy, and always worried. I need to do better, I have to do better! My daughter is almost 3 yrs old and since birth she has had significant physical delays, we're almost certain that a diagnosis of Cerebral Palsy will be given. So in talking about FI & my daughter, I need to have more time to help take care of her, specifically, do more home physical therapy, & more hands-on time. Right now it's the typical working mom scenario; laundry, groceries, cleaning, taking care of all the finances, oh and working with an hour commute each way. It's exhausting, so when I am home I'm tired and doing all the regular home stuff, it's hard to do everything and be a physical therapist. I have a great husband and he takes on a lot but he also works full time and is in the National Guard. For Lilia we have also set up an ABLE account, it was originally a college 529 account that we started at birth, but in her situation we decided an ABLE account was better (you can use it for a lot more things than a 529, basically anything that improves her quality of life will count). We're not quite sure what her earning potential will be in the future, so we want to get as much of a cushion as we can for her together to help her.   What's your FI number? and/or overall FI goal? (if you don't know input n/a) Lean FI would be $1.2M and fat FI would be $1.8M but I'd feel better with $2 - then we could go to DisneyWorld more! I'd like to also have the ABLE account maxed ($15K per year, up to about $300K). The hard part for us with our FI number, a lot of the retirement income will come from two pensions. My husband has almost reached his 20 years in the Service (he'll get full retirement in two years), and he also works for the State in Child Welfare. So the RE portion of FIRE isn't for us, but the FI part is what we're focused on. Where are you currently on the journey? Debt payoff mode, aggressively saving mode, increasing investments mode? We are in the increasing investment mode. The only debt we have is our mortgage. We do have a few sinking funds set up (vacation, home repair, Lilia's medical needs, and emergency), so immediate and near future needs are taken care of.     What are some mistakes, wins and lessons you’ve learned or gathered along the way to share with other Journeyers? Mistake - Living in a HCOL area, Portland, Or. But we're local, so all our family is here. - Not saving more earlier on was a HUGE mistake of mine. When I was in my 20's I was saving maybe $50 a month in IRA. I never even considered more. I had to money to invest, but I never realized the potential.Win - I am slowly getting into the side hustle game. For a time I was in it, but only very limited (i.e. taste testings, surveys, etc.) Then my overall mantra became "quit majoring in minor things!" So just in the past three months have I been serious about building a side hustle.     List the things you are doing to help move forward on your journey (side hustle, cutting expenses, increasing income, moving to LCOL, building up passive income streams, etc.)   - side hustle - small optimizations over time = big outcomes - avoiding debt like the plague. - sinking funds!   I'd love to have a blog as a passive income stream yet I'm not sure if a blog is for me.     What are your plans after FI? What do you ultimately want to do when money is no longer an issue? Spend time with my family, watch a movie all the way through without distractions. (Right now it takes me 4 nights to watch a movie because I always fall asleep, as its late at night. Or I do chores while watching and I don't ever enjoy it). It's really hard for me to sit and do nothing, I feel like I have so much on my plate that I need to constantly be productive. My husband and I really want to travel, we want experiences and not things! "Things" just feel like such a weight, kind of suffocating. I'd love to have more of a minimalist lifestyle. What advice do you have for other Journeyers who want to stay motivated on this journey? Always be learning! I feel that I have missed out on so much because I just "didn't know". I found out about compound interest way too late in the game. Catching up is hard! For my nephew's HS graduation I gave him a DR compound interest chart of Arthur & Ben, and a book on how not to f-up in college financially speaking :). I did tuck a $100 bill in there and didn't tell him, he had to read the book to find it. ha ha I am always trying to learn (which may contribute to my frazzledness as I always want to be implementing new things). So my best advice is to try and spend at least 1 hour a day on learning. I listen to financial and side hustle podcasts on my commute. Too much learning = overload. Take it slow & steady!     [bctt tweet="I'm listening to Episode 73 of the #journeytolaunch podcast, Journeyer Profile Kari Lorz Finding Her Way to FI While Building a Financial Safety Net For Her Special Needs Daughter." username="journeytolaunch"] [bctt tweet="Quit majoring in minor things!" username="journeytolaunch"]   Other related blog posts/links mentioned in this episode: More about the Able Account - Tax-advantaged savings accounts for individuals with disabilities and their families Unstoppable Blog- Life Lessons The Choose FI Guys interview on the Journey To Launch podcast - The Pillars of FI  journeytolaunch.com/episode19 Join The Weekly Newsletter List Leave me a voicemail– Leave me a question on the Journey To Launch voicemail and have it answered on the podcast! Watch me on News12  Watch my latest segments on News12 My One on One Money Coaching Services – Get my personalized 1on1 money coaching expertise to help you reach your financial goals YNAB –  Start managing your money and budgeting so that you can reach your financial dreams. Sign up for a free 2 month trial of YNAB, my go-to budgeting app by using my referral link. Get the Financial B.O.S.S. toolkit     Connect with Kari: The PDX VA- https://thepdxva.com/   Connect with me: Instagram: @journeytolaunch Twitter: @JourneyToLaunch Facebook: Journey To Launch Join the private Facebook Group

Real estate is the golden key to passive income. How can you use it to reach FI? Chad Carson got started with real estate right out of college. Him and his business partner started flipping houses and securing good deals on houses. Now he owns 90 properties and does amazing mini-retirements (in Ecuador!) while teaching others about real estate on his blog. You'll how interesting his story is. We also chat about... Why and how you should treat real estate like a business How Chad picks houses How he got to FI What he manages currently Chad's 17 months in Ecuador Medical costs overseas Enjoy this chat with Chad, and please subscribe to us in iTunes if you enjoyed it! Show notes and links from today's episode Chad's website: Coach Carson Chad's Real Estate Start School (the course closes on the 18th, but you can get on the waitlist) Chad's 7-day free real estate course. Realtor app Retire Early with Real Estate

027R | In today's podcast we highlight our takeaways from Episode 27 with Jay from Slowly Sipping Coffee, plus we discuss the 'Mount Rushmore' of FI and help debunk a lot of the misinformation surrounding the value of the mortgage interest deduction. In Today’s Podcast we cover: The Friday Roundup bringing in many aspects of our audience and community plus our thoughts on the Episode 27 with Jay from Slowly Sipping Coffee How to join the Choose FI Facebook group Looking at the great team of Mr. and Mrs. Slowly Sipping Coffee and how they gained flexibility and freedom How they made a game out of personal finance and that enabled them to save big on their credit card bills Just by being more conscious of their spending allowed them to save over 50% of their discretionary spending How ‘grazing’ by shopping at stores like Target can help fuel lifestyle inflation It’s important how we spend our time. Batch processing with intentionality is a way to fix our inefficient use of time How Jonathan can come up with a system in his life to find a work/life balance between the ChooseFI site and podcast and his ‘real’ life Multitasking is not a real thing What does your life look like post-FI? And when do you start thinking about that life? The Mount Rushmore of Financial Independence: Who do we put on that list? Who would you as the community put on the Mount Rushmore of FI? What do you want to do with your time when you reach FI? Fully Funded Lifestyle Change as an alternative to “retirement for the sake of quitting work” Risk tolerance and cFiresim Article submitted by Luis on CNNMoney on a couple who achieved FI Hot Seat conversation on the Facebook group The power to spread the message beyond of FI beyond this community Message from Austin who is a former student of the Millionaire Educator Voicemail from Ed Mills from the Millionaire Educator on ways to get your children involved in saving money Voicemail from Juan from Finance Clever about the value (or lack thereof) of the mortgage interest deduction and only getting value from it if your itemized deductions are above the standard deduction Brad’s example of the benefit of itemized deductions Feedback from the audience from Grumpus Maximus about retirement calculators and one in particular from Darrow Kirkpatrick at CanIRetireYet.com Voicemail from Kris with incredible feedback about the action she took after hearing Noah’s voicemail about removing escrow accounts Voicemail from Steve about the importance of umbrella insurance policies plus feedback from Tiffany about the same More information from Ken about ESPPs and call options 

Today on the Financial Independence Podcast, I’m excited to share a live Q&A session with Mr. Money Mustache, Paula Pant from Afford Anything, and Doug Nordman from The Military Guide! This panel discussion took place back in May at Camp Mustache — an annual retreat in the Pacific Northwest organized by Mr. Money Mustache readers. In this episode, you’ll not only hear about… Mr. Money Mustache’s biggest splurges The investing mistakes I still can’t seem to avoid Paula’s favorite thing about financial independence Doug’s suggestion for discovering the meaning of life …, but you’ll also get varied and diverse perspectives on some of the most important questions facing those on the path to financial independence and early retirement! Highlights: Top recommendations for people who are close to achieving financial independence How to stay motivated when pursuing FI What is the meaning of life How to foster a good online culture and community Tips and tricks to stop you from trying to time the market The biggest challenges of reaching FI and how to overcome them What we splurge on and why Mr. Money Mustache’s thoughts on being featured in the New Yorker How to handle changes in your relationships after reaching FI