ChooseFI

403 | Alignment & Adjustments | Scott & Taylor Rieckens


Listen Later

In this episode: balancing deprivation and happiness, making adjustments, everything is negotiable, the evolution of alignment, adjusted awareness, and intentionality in community.

Five years ago, Scott and Taylor Rieckens publicly began their path to FI by creating the fantastic documentary "Playing With FIRE." The documentary depicts their life as they start out and navigate the early stages of their FI journey, which is often the period of time when we act our most frugal, cut as many expenses as possible, and in turn save as much as we possibly can! While this kind of lifestyle is a great jumping off point early in the FI journey, oftentimes people find this lifestyle to be limiting and ultimately detrimental to their own happiness. Now that Scott and Taylor are significantly further down the path compared to the last time we heard from them, we decided to have them return to the show to discuss the adjustments they have made in their lifestyle in order to live in a manner that fully aligns with their idea of a happy life! Remember, FI isn't suppose to limit your ability to be happy, rather it exists to enhance your life and help you find fulfillment as progress down the road less traveled.

Scott and Taylor Rieckens:

  • Website: playingwithfire.com
  • Documentary: Playing With FIRE
  • Book: Playing With FIRE

Timestamps:

  • 1:59 - Introduction
  • 2:38 - What Makes You The Most Happy?
  • 8:41 - The Evolution of Alignment and Adjusted Awareness
  • 18:30 - The Craziest 36 Months
  • 23:13 - Revisiting What's Important After Evolution
  • 35:05 - Balancing Deprivation and Happiness
  • 37:58 - Making Adjustments
  • 43:03 - Decisions Are Based On The Information You Have
  • 49:57 - Wonderful Evolutions and Learning Together
  • 51:23 - Everything is Negotiable
  • 57:02 - Everybody is the Star of Their Own Movie / Intentionality in Community
  • 66:34 - Conclusion

Resources Mentioned In Today's Episode:

  • Playing With FIRE | Documentary | Scott Rieckens | ChooseFI Ep 37
  • "The Happiness Advantage: The Seven Principles of Positive Psychology That Fuel Success and Performance at Work" by Shawn Achor
  • The Tim Ferris Show
  • The Great Man Within
  • "Thinking in Bets: Making Smarter Decisions When You Don't Have All the Facts" by Annie Duke

More Helpful Links and Resources:

  • Earn $1,000 in cashback with ChooseFI's 3-card credit card strategy
  • Share FI by sending a friend ChooseFI: Your Blueprint to Financial Independence
  • Track your personal finances with Personal Capital
  • Keep learning or start a new side hustle with one of our educational courses
  • Slash your cell phone bill without sacrificing service with Mint Mobile

...more
View all episodesView all episodes
Download on the App Store

ChooseFIBy ChooseFI

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

5,039 ratings


More shows like ChooseFI

View all
Afford Anything by Paula Pant | Cumulus Podcast Network

Afford Anything

3,565 Listeners

Money Guy Show by Brian Preston and Bo Hanson

Money Guy Show

3,230 Listeners

The Stacking Benjamins Show by StackingBenjamins.com | Cumulus Podcast Network

The Stacking Benjamins Show

1,991 Listeners

Your Money, Your Wealth by Joe Anderson, CFP® & Alan Clopine, CPA of Pure Financial Advisors

Your Money, Your Wealth

810 Listeners

Retirement Answer Man by Roger Whitney, CFP®, CIMA®, RMA, CPWA®

Retirement Answer Man

1,294 Listeners

Stay Wealthy Retirement Podcast by Taylor Schulte, CFP®

Stay Wealthy Retirement Podcast

675 Listeners

BiggerPockets Money Podcast by BiggerPockets

BiggerPockets Money Podcast

3,081 Listeners

Bogleheads On Investing Podcast by bogleheads

Bogleheads On Investing Podcast

598 Listeners

Earn & Invest by Jordan Grumet (Doc G)

Earn & Invest

451 Listeners

Everyday Courage with Jillian Johnsrud by Jillian Johnsrud

Everyday Courage with Jillian Johnsrud

117 Listeners

Ready For Retirement by James Conole, CFP®

Ready For Retirement

819 Listeners

Rebel Entrepreneur by Alan Donegan

Rebel Entrepreneur

132 Listeners

Early Retirement - Financial Freedom (Investing, Tax Planning, Retirement Strategy, Personal Finance) by Ari Taublieb, CFP®, MBA

Early Retirement - Financial Freedom (Investing, Tax Planning, Retirement Strategy, Personal Finance)

579 Listeners

All the Hacks: Money, Points & Life by Chris Hutchins

All the Hacks: Money, Points & Life

1,615 Listeners

Mile High FI Podcast by Doug Cunnington & Carl Jensen

Mile High FI Podcast

201 Listeners

Money For Couples with Ramit Sethi by Ramit Sethi

Money For Couples with Ramit Sethi

3,443 Listeners

Catching Up to FI by Bill Yount & Jackie Cummings Koski

Catching Up to FI

352 Listeners