Go Sober to Pay for College (and Save BIG) | MHFI 195

Doug and Carl have an in-depth conversation with Barbara Zink who is a mother & wife, an entrepreneur, and a personal finance enthusiast who describes herself as a "closet FI person."

Barbara shares her FIRE journey and how cutting back on alcohol consumption has not only resulted in several health benefits, but has also contributed greatly to her financial goals - the money saved from not drinking has helped fund her children's 529 college plans, helped her start an online business, and funded a spousal IRA.

Have you also decided to cut back on alcohol, but don't know what to do with all the savings?  If so, come support us over at Buy Me A Coffee.

Links

ChooseFI podcast

Mad Fientist podcast

World Health Organization (WHO), “No level of alcohol consumption is safe for our health”

Nick Loper/Side Hustle Nation

Spousal IRA

Huberman Lab, “What Alcohol Does to Your Body, Brain & Health”

Allen Carr

Mile High FI Facebook Group

Doug’s site

Carl’s blog: 1500 Days

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**Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won't even make such a claim. You shouldn't take the info as financial, legal, or tax advice. We aren't certified financial planners or advisors. We're not qualified for much. So get advice from professionals.**

Brought To You By:

The Doug Show, aka Affiliate Marketing & Side Hustles

1500 Days, Carl's Blog about Early Retirement

Email us here: [email protected] or [email protected]

0:00 Introduction

3:29 Barbara's background & discovering FIRE

8:58 Water-saving tips

14:08 Decision to quit alcohol

19:54 Health benefits of quitting alcohol

26:09 Starting an e-commerce business

35:39 Impact of quitting alcohol

39:55 Triggers & tips to break alcohol habits

43:54 The power of community in sobriety

49:06 Soundcheck - Coffee vs. Mountain Dew