Fire Drill

Carl and Mindy from 1500days.com add a ton of color to the financial independence community. Don't let their goofy demeanors fool you though! They are serious real estate investors with a TON of knowledge to share. They've got experience in pretty much every aspect of investing: single stocks, index funds, flipping single family properties, being hard money lenders, and even syndicating a deal to buy a trailer park!

You'll love hearing their stories with their fun loving personalities!

We also chat about...

the FI community's love of craft beer (for those that can drink it!!)

the importance of fitness

the difference between biological and chronological ages

crazy people biking in January in Minneapolis

Maine being beautiful

how awful Colorado is [OR IS IT?!]

tax gain harvesting

They were a blast! Enjoy this chat with Carl and Mindy, and please subscribe to us in iTunes if you enjoyed it!

Dr. Jim Dahle of White Coat Investor is an Emergency Medicine Physician who is also a popular financial blogger and podcaster. He takes podcast hosts J & Gwen step by step through what doctors should do financially at all phases in their careers, from undergraduate to medical school, to choosing their specialty and residency. Jim is financially independent but continues to work and blog because that is his purpose in life. He has become a millionaire through making smart financial decisions throughout his career.

You'll love Jim's advice.

We also chat about...

Reducing medical school debt

Public Student Loan Forgiveness Program

Choosing your specialty

The Military and evaluating the financial benefit

Term life insurance - what is it and why do you need it

https://firedrillpodcast.com/fire062

Matt and his wife went from living paycheck to paycheck to saving 60% of their income in just a few short years! They did this through a combination of prioritizing debt payoff, increasing income from career hacking and house hacking, and by lowering their expenses. 

They saved over $50k the last 2 years, which allowed them to take a leap of faith and quit their W-2 jobs to be entrepreneurs. Matt is now working as a start-up consultant and making bank!

You'll love Matt's story and the inspiration he passes on.

We also chat about...

the best pizza in Chicago

best passive investments for every level of investor

how Matt got started in consulting

why Matt is moving to Hawaii (as if he needs a reason...)

Bionca Smith is a single mom who completely uprooted her life in San Francisco to live on the road with her young son, Carter. She is now homeschooling him through Connections Academy and the two of them travel around the U.S. in a van.  At first Bionca was worried about the effect of van living on Carter but she feels the experience has been incredibly positive for him. His reading levels have skyrocketed and now they get to spend quality time together every day.

For show notes and takeaways: https://firedrillpodcast.com/fire060 and thank you to our episode sponsor, Peti Morgan of The Leveraged Mama. Get her debt reduction cheat sheet: https://leveragedmama.com/firedrill

You'll love Bionca and her courage to change her life.

We also chat about...

The Facebook post that catapulted Bionca on this journey

How to talk to your child about alternative living and van life

How homeschooling on the road works

Bionca's upbringing and how that shaped who she is today

Making friends on the road

Buying a van and the specific van she has

How van life gives you a different perspective on homelessness

What if you didn't have to work for 10+ straight years to retire? What if you could take short breaks on the way to early retirement?

Today's guest does just that. Lauren works as a relief veterinarian 6 months of the year and goes on jealousy-inducing long thru-hikes the rest of the year. A relief vet is like a traveling nurse.... but for animals, not humans. She has set up an amazing lifestyle and is living life on her terms. By keeping her expenses and debt to a minimum early in life, Lauren was able to craft the kind of lifestyle she wanted..... not what the world told her to do.

Lauren is in absolute control over her life and she is crushing it!

We also chat about...

finding relief work

how to help animals

resources for thru hiking

her plans for the Appalachian trail

the difference between Coast FI and FI

https://firedrillpodcast.com/hiking-path-fi-lauren/

Elin Rose is an Icelandic e-commerce entrepreneur and sailor behind the Sailopreneur business.  She sells on Amazon and Ebay and built those businesses from scratch. She wasn't always an entrepreneur.  She graduated university in 2013 and decided quickly the full-time 9 to 5 job wasn't for her.  She wanted to take weeks off at a time to sail.  After a few low-cost sailing trips, Elin decided she wanted this to be her life and found a way to fund that lifestyle through a successful e-commerce business. She now brings in up to 15,000 pounds per month.

For show notes and takeaways: https://firedrillpodcast.com/fire058

You'll love Elin and her no-fear approach to life.

We also chat about...

Sailing without a sailing background,

Starting an e-commerce business,

Improving upon your product,

Bringing an online product to physical retail too,

How to find a manufacturer for your product,

How IcelandAir and WowAir offer free stopovers in Iceland.

Elin Rose is an Icelandic e-commerce entrepreneur and sailor behind the Sailopreneur business.  She sells on Amazon and Ebay and built those businesses from scratch. She wasn't always an entrepreneur.  She graduated university in 2013 and decided quickly the full-time 9 to 5 job wasn't for her.  She wanted to take weeks off at a time to sail.  After a few low-cost sailing trips, Elin decided she wanted this to be her life and found a way to fund that lifestyle through a successful e-commerce business. She now brings in up to 15,000 pounds per month.

For show notes and takeaways: https://firedrillpodcast.com/fire058

You'll love Elin and her no-fear approach to life.

We also chat about...

Sailing without a sailing background,

Starting an e-commerce business,

Improving upon your product,

Bringing an online product to physical retail too,

How to find a manufacturer for your product,

How IcelandAir and WowAir offer free stopovers in Iceland.

Have you ever broken the law?

Everyone has broken the law at some point whether intentionally or unintentionally. The severity of the crimes committed reaches from jaywalking to stealing a candy bar to drinking underage...... to serving 10 years in prison for the accidental death of your friend? Bill from Wealth Well Done found himself in exactly that position. He kept a positive attitude and strove for greatness through the whole ordeal. Now, 5 years out of prison, he's amassed a net worth north of $250k with no plans to slow down any time soon. 

Bill is one of the most inspirational people we know. You'll be blown away!

We also chat about...

The power of networking (why is Gwen so good at networking?!?)

How to live an extra-ordinary life

Looking for the best in everyday life

Enjoy this chat with Bill, and please subscribe to us in iTunes if you enjoyed it!

https://firedrillpodcast.com/fire057

Have you ever broken the law?

Everyone has broken the law at some point whether intentionally or unintentionally. The severity of the crimes committed reaches from jaywalking to stealing a candy bar to drinking underage...... to serving 10 years in prison for the accidental death of your friend? Bill from Wealth Well Done found himself in exactly that position. He kept a positive attitude and strove for greatness through the whole ordeal. Now, 5 years out of prison, he's amassed a net worth north of $250k with no plans to slow down any time soon. 

Bill is one of the most inspirational people we know. You'll be blown away!

We also chat about...

The power of networking (why is Gwen so good at networking?!?)

How to live an extra-ordinary life

Looking for the best in everyday life

Enjoy this chat with Bill, and please subscribe to us in iTunes if you enjoyed it!

https://firedrillpodcast.com/fire057

Are you including family support in your plans for financial independence?

Sylvia is a practicing lawyer who plans to retire in 2021.  She already hit her financial independence number but is working these last few years so she can support family members who may need her help in future.  She's also a real estate investor and has a rental property in Tennessee.

You'll love Sylvia and her story.

For show notes and takeaways: https://firedrillpodcast.com/fire056

We also chat about...

How Sylvia hit her coast FI number 5 years ago,

Budgeting for landlord life,

The magic of automation and how Sylvia left herself $200 per month for discretionary expenses,

Splitting bottles of vodka as a way to save money (funny story),

Advice for lending money to family members,

The benefits of becoming an independent contractor versus a salaried employee,

Self-directed solo 401(k)s,

Sylvia was an absolute delight to speak with!