EverydayFI

Subscribe on Apple, YouTube, and Spotify.

Welcome to the EverydayFI podcast! I'm your host Meghan and in this second episode with Christina we talk about how to take advantage of the FEIE tax exclusion and not be an illegal immigrant in a foreign country. Tune in!

Episode Links:

• Episode webpage - leave a comment!
• FEIE Tax Exclusion on IRS.gov
• What is the FEIE?
• Christina's website
• Christina's Facebook page: A Suitcase and a Smile
• Christina's tips YouTube video
• Christina's Linktree

Support the Show:

• Get the "Your Journey to Freedom" workbook here!
• Join my Patreon membership
• Buy me a coffee

Subscribe on Apple, YouTube, and Spotify.

Welcome to the EverydayFI podcast! I'm your host Meghan and today I'm thrilled to dive into the intriguing world of nomadic FI with Christina, a full-time traveler in her 40s who's living life on her own terms, country to country. Tune in to find out how Christina funds her adventures, manages her finances on the move, and what lessons she's learned along the way. Join me as I uncover the secrets to designing a life of freedom and financial stability, no matter where in the world you call home.

Episode Links:

• Episode webpage
• ChooseFI Podcast
• ChooseFI Book
• Simple Path to Wealth by JL Collins
• Mr. Money Mustache
• I Will Teach You To Be Rich Podcast by Ramit Sethi
• Rotary International
• Penny Pinching Globetrotters
• Remote Year
• Wifi Tribe
• Workaway
• Christina's website
• Christina's Facebook page: A Suitcase and a Smile
• Christina's tips YouTube video
• Christina's Linktree

In this episode, we delve into the inspiring story of Erin, a woman who has achieved financial independence. Erin, her husband, and their children have discovered the joys of living a financially mindful life without sacrificing fun and quality time with their family.

Here are the episode highlights:

1. Sometimes happy accidents can happen with your money, not just in Bob Ross paintings.
2. There's only so long you can do a high stress, high impact job before burnout takes hold.
3. Burnout can be so bad that the only thing you can think about is getting away; you may not have the bandwidth to think about what you're retiring to. And that's okay.
4. Quitting a job can make a significant improvement on yours and your family's quality of life.
5. There are so many seasons to life that a "typical" Tuesday doesn't really exist pre or post FI.
6. Sometimes one partner is the FI leader and the other is just along for the ride, but as long as you're ultimately on the same page it's not that big a deal.
7. The FI path can be lumpy so it's best to stay flexible and take life as it comes.
8. "Kids don't have to be expensive."
9. "FamilyFI" should be talked about more and added to the financial independence vernacular.
10. Every person in a family unit is another variable to an every changing life.
11. As a woman there is added pressure to stay in a high level, corporate position because you want to be a beacon for others. You want to show that there are women at the top.
12. There are other ways to fill the representation and mentorship gaps left behind when quitting a high level corporate job, especially by giving back and being a leader in your own community.

Tune in for an uplifting conversation about living life on your own terms, finding happiness in the little things, and creating lasting memories with loved ones—all while on the path to financial independence.

Episode Links:

• Episode page
• Your Money or Your Life by Vicki Robin
• Retirement Answer Man, Roger Whitney
• The Mad Fientist
• ChooseFI hosted by Brad Barrett
• Catching Up to FI
• Colorado Springs local FI group
• BiggerPockets Money podcast
• BiggerPockets Money Facebook page
• Macaroni Kid
• Just Between Friends consignment sales for kids
• Rhea Lana's children's consignment event

In this episode I join my buddy Mitch from the MyFICapsule podcast to discuss and relive the "Designing Your Extraordinary Life" event at the FIRE in Las Vegas mega meet up hosted by Alan & Katie Donegan, and Brad Barrett from ChooseFI.

Episode Links:

• Episode Page

• The MyFICapsule podcast

• The Donnegans

• ChooseFI

In this episode, we delve into the inspiring story of Will, a recent college graduate armed with a degree in industrial engineering and a fierce determination to achieve financial independence. Join us as we explore Will's path towards financial freedom, where he shares his strategies, challenges, and triumphs.

With a clear goal in mind – to attain the freedom to pursue his passion projects and make choices without financial constraints – Will navigates the complexities of budgeting, saving, and investing. Along the way, he encounters hurdles common to many young professionals, from managing student loan debt to balancing career aspirations with personal goals.

Through hard work, perseverance, and a commitment to learning, Will unveils the blueprint for his financial independence journey. From side hustles to smart investment decisions, he shares practical tips and insights that empower listeners to take control of their financial futures.

Tune in as Will's story inspires and motivates, proving that with the right mindset and strategy, financial independence is within reach for anyone willing to embark on the journey. Whether you're a recent grad or seasoned professional, this episode offers invaluable lessons and encouragement for crafting a life of freedom and fulfillment.

Episode Links:

• Episode Page

• NSBE: National Society of Black Engineers

• The 4-Hour Workweek by Tim Ferris

• DECA

• Rich Habits podcast

• BiggerPockets Money podcast

• ChooseFI podcast

• The House Hacking Strategy by Craig Curelop

• The ToDoist App

• SheeksFreak

• Who Not How by Dan Sullivan with Dr. Benjamin Hardy

In this episode, recorded in front of a live audience at CampFI Mid-Atlantic, Meghan joins Mark Trautman from the Mark's Money Mind show and guests Chris, Samantha, and Keith.

Chris shares his transformative sabbatical in New Zealand, while Samantha recalls her meaningful trip to Southeast Asia, both emphasizing the benefits of slow and mindful paths to Financial Independence.

The show highlights the importance of community support, the joys and challenges of long-term travel, and the practicality of being a minimalist traveler. Keith also joins in to share his experiences of the nomad lifestyle post-FI.

The panelists share enlightening discussions on the evolving perspectives within the FI community, practical tips for solo travel, managing finances, and the liberating essence of minimalist travel.

Episode Links

• Episode Page

FI Community Events:

• CampFI

• FI Freedom Retreat (Bali)

• FinTalks Cruise

Podcasts / Blogs / Books:

• Mark's Money Mind episode

• Bigger Pockets Money podcast

• ChooseFI podcast

• Retire Often podcast

• Mr Money Mustache blog

• Taking Stock by Jordan Grumet

Timestamps:

• 01:08 Introducing the Hosts and Special Guests

• 03:24 Chris's Life-Changing Sabbatical to New Zealand

• 04:37 Navigating the Working Holiday Visa

• 05:39 The Van Life Experience in New Zealand

• 07:06 Financial Independence Journey and Inspirations

• 17:05 Samantha's Sabbatical and the Power of Community Support

• 20:48 Advice for Solo Female Travelers

• 22:03 Negotiating Sabbaticals with Employers

• 27:19 Financial Planning for Sabbaticals

• 28:57 Personal Growth from Sabbaticals

• 30:05 Choosing a FI Lifestyle

• 31:22 Understanding CoastFI and SlowFI

• 33:18 The Importance of Community and Accountability

• 34:20 Keith's Nomadic Journey

• 38:16 Managing Real Estate Remotely

• 45:47 Traveling Light: Packing Tips

• 56:26 Final Thoughts and Contact Information

On today's show we're recording in LIVE from CampFI Mid-Atlantic with guest host Mark Trautman from Mark's Money Mind. Hear stories from Annie G., Kim B-H., and Eric B. who talk about how they came to find the FI movement, how kids fit into their journeys, and their struggles and wins. All with a live audience from CampFI.

Episode Links:

• Episode Page

• Mark's Money Mind show

• KHB Financial

• CampFI

• Dave Ramsey's Baby Steps

• Catching Up to FI

• Suze Orman podcast

• FIRE in Vegas - Design Your Extraordinary Life

• Enneagrams

• FI Freedom Retreat (Bali)

In today's episode Meghan dives into Ryan's inspiring story. A CPA dedicated to nonprofits, Ryan found his path to financial freedom through real estate investing. In this episode, he shares his journey from crunching numbers to building a diverse property portfolio. Learn how Ryan navigates challenges and aligns his financial goals with his passion for serving others. Tune in for practical insights and motivation to pursue your own financial independence journey.

Episode links:

• Episode Page

• Rich Dad, Poor Dad book

• Mr. Money Mustache

• Happiness Through Subtraction by The Mad Fientist

• Paula Pant's Afford Anything podcast

• Harvard study on happiness TED Talk

• Die With Zero by Bill Perkins

• Jillian Johnsrud's Retire Often podcast

• "Your Journey to Freedom" Workbook

On today's episode you'll meet Scott, the singing, swing-dancing ethical hacker with a passion for cybersecurity and financial independence. Join host Meghan Combs on Scott's fascinating journey as he applies his logical mindset to achieve financial freedom. Discover how Scott balances his diverse interests while building a secure financial future. Tune in for insights, inspiration, and a unique perspective on money matters.

Episode links:

• Episode Page

• FinTalks

• Econome Conference

• Cultish book

• Wealthfront

• Jillian Johnsrud

• A Random Walk Down Wall Street book

• FI Tax Guy, Sean Mullaney

• ChooseFI podcast

• Mark's Money Mind

• CampFI

• Seattle Foodies Meetup

This episode of the EverydayFI podcast delves into the transformative power of financial independence, even for those who love their jobs. Host Meghan Combs explores the intersection of passion and financial freedom, showcasing why the pursuit of financial independence is essential for everyone's well-being.

Contrary to popular belief, financial independence isn't just about retiring early or escaping a disliked job. It's about gaining control over your life, empowering yourself to pursue your passions wholeheartedly, and creating a secure future.

Tune in to discover how taking control of your finances can lead to greater fulfillment, purpose, and freedom in all aspects of your life.

Links:

• Episode page
• Mr. Money Mustache's "The Shockingly Simple Math Behind Early Retirement"
• JL Collins "Simple Path to Wealth"
• ChooseFI Podcast
• Afford Anything Podcast