The Mindful FIRE Podcast

174 : The Simple Path to Unlocking Financial Independence with JL Collins


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In this episode: financial independence, power of FU money, navigating job insecurity, importance of saving, transitioning to retirement with JL Collins 

Episode Summary
Adam welcomes JL Collins, a renowned author & speaker in the Financial Independence community. They discuss principles of FI, significance of saving & investing, and the transformative power of FU money. JL shares his personal journey & insights on how to navigate job insecurities & make bold decisions in life.

Guest Bio
JL Collins is an author & speaker best known for his book "The Simple Path to Wealth," which has become a cornerstone in the FI community. JL's focus on practical advice & clear strategies has helped countless individuals take control of their financial futures.

Resources & Books Mentioned

  • "The Simple Path to Wealth" by JL Collins
  • "Pathfinders" by JL Collins
  • "How I Lost Money in Real Estate Before It Was Fashionable" by JL Collins
  • Pete/Mr. Money Mustache
  • Carl Jensen/1500days

Guest Contact Information

  • Blog: https://jlcollinsnh.com/
  • Guided meditation: https://www.youtube.com/watch?v=OOGU94eL07E

Key Takeaways

  • FI is not an on-off switch; every step taken towards saving & investing strengthens your financial position.
  • FU money is essential for providing courage to make bold decisions & navigate uncertain job situations.
  • The power of compounding can lead to significant wealth over time, often exceeding initial expectations.
  • It’s crucial to understand your “enough” & build a life that prioritizes both financial security & personal fulfillment.
  • The journey to FI is as important as the destination; enjoy the process & learn along the way.

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The Mindful FIRE PodcastBy Adam Coelho

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