Financial Independence Podcast

Joshua Dorkin, founder and CEO of BiggerPockets.com, joins me on the Financial Independence Podcast to talk real estate and entrepreneurship!

Highlights:

• The story of how BiggerPockets got started
• The advantages of "scratching your own itch"
• Why you should study other verticals and other successful businesses
• The incredible power of "fake it 'til you make it"
• The right way to build an online empire
• How long it actually takes to become successful
• Achieving financial independence through real-estate investing

To read the full article, visit http://www.madfientist.com/bigger-pockets-interview/

Justin from RootofGood.com joins me on the Financial Independence Podcast to talk about how he and his wife saved over a million dollars in under a decade!

Highlights:

• The tax benefits and true costs of children
• How to have a positive net worth after graduating from college
• What is interest rate arbitrage
• How to amass a million dollars in ten years without six-figure salaries
• Why you should quit your job before you're actually ready to retire
• How to easily get $4,500 in free travel

To read the full article, visit http://www.madfientist.com/root-of-good-interview/

JL Collins joins me on the Financial Independence Podcast to talk about stocks, bonds, real estate, and his brand new book - The Simple Path to Wealth!

Highlights:

• Origin of The Simple Path to Wealth
• What's changed about his investment philosophy over the last four years
• Three simple steps to financial independence
• Difference between good debt and bad debt
• Why buying a house is an indulgence
• The only two funds you need and why you don't need to invest in an international fund
• When should you invest in bonds and why the decision has nothing to do with your age
• The bad investing habits Jim and I still can't shake
• The important lesson Jim learned from working with the top stock analysts in the industry

To read the full article, visit http://www.madfientist.com/jl-collins-interview/

Mike and Lauren join me on the Financial Independence Podcast to discuss medical tourism, full-time RV living, and the importance of questioning everything!

Highlights:

• The ins and outs of medical tourism
• Reasons to give birth in another country
• Benefits of having multiple passports
• How to obtain dual citizenship
• Total cost of having a child in Costa Rica
• The actual income numbers of their popular YouTube channel
• How to prepare for living permanently in an RV

To read the full article, visit http://www.madfientist.com/mike-and-lauren-interview/

Nick Loper from Side Hustle Nation discusses the importance of side hustles and how they can make your path to FI shorter and more enjoyable!

Highlights:

• Why you need to diversify your income
• How Nick got his start selling shoes online
• The importance of investing in yourself and your business
• Why a low barrier to entry means you should just give it a shot
• Focus on the three Cs – Creation, Connection, and Contribution
• Why fientists can take more risks and be more speculative
• How to start a side hustle
• Why you should tap into existing marketplaces

To read the full article, visit http://www.madfientist.com/side-hustle-nation-interview/

The guys from Travel Miles 101 stop by the Financial Independence Podcast to talk about investing, early retirement, and the benefits of travel hacking!

Highlights:

• Using FI savings to become an entrepreneur
• Dealing with extreme lifestyle inflation
• Why P2P lending is like investing in extra-junky junk bonds
• How travel hacking increases your options and decreases the stress of travel
• Why travel hacking is the perfect hobby for fientists

To read the full article, visit http://www.madfientist.com/travel-miles-101-interview/

J. Money from Budgets are Sexy joins me on the Financial Independence Podcast to talk about the benefits of challenging everything in your life!

Highlights:

• The importance of tracking your net worth
• How not to buy a house
• The importance of side hustles
• Why J. Money is the Miley Cyrus of personal finance
• How to live like Benjamin Franklin and why you should try it
• The ways personal finance has changed over the years
• Why you should challenge everything in your life

To read the full article, visit http://www.madfientist.com/budgets-are-sexy-interview/

The Frugalwoods joined me to talk about how frugality can help you reach your financial goals sooner and also increase your happiness in the process!

Highlights:

• How to maintain a high savings rate while living in an expensive city
• Tips for avoiding frugality-induced isolation
• The importance of large goals
• Keys to making frugality fun
• When to give up a good thing
• How to get a free graduate degree
• The multiple fringe benefits of frugality
• How to have children without delaying your early retirement

To read the full article, visit http://www.madfientist.com/frugalwoods-interview/