Fire Drill

Show notes? Check. Takeaways? Check. Grab em here: https://firedrillpodcast.com/fire018

Today's guest used to be the perfect opposite of an ideal financially independent lifestyle.

$400k negative net worth, living paycheck to paycheck (despite being a high-income earner), etc.

You already know the rest of the story.

Robert from Frugal Vagabond (and The Earth Awaits) turned his life around, discovering the FIRE lifestyle, working and saving hard, gradually investing in 6 rental properties, and building an amazing app for lifestyle travelers.

He's amazing, and he's got a baby on the way as well!

In this episode we chat...

Best places to live after early retirement (abroad anyone?)

Why you should (not) pursue real estate investing

Digging out of a huge debt hole

Practical thoughts on avoiding stress on your FI path.

Enjoy the chat, and drop us a comment!

Show notes? Check. Takeaways? Check. Grab em here: https://firedrillpodcast.com/fire018

Today's guest used to be the perfect opposite of an ideal financially independent lifestyle.

$400k negative net worth, living paycheck to paycheck (despite being a high-income earner), etc.

You already know the rest of the story.

Robert from Frugal Vagabond (and The Earth Awaits) turned his life around, discovering the FIRE lifestyle, working and saving hard, gradually investing in 6 rental properties, and building an amazing app for lifestyle travelers.

He's amazing, and he's got a baby on the way as well!

In this episode we chat...

Best places to live after early retirement (abroad anyone?)

Why you should (not) pursue real estate investing

Digging out of a huge debt hole

Practical thoughts on avoiding stress on your FI path.

Enjoy the chat, and drop us a comment!

For full takeaways and show notes, head here: https://firedrillpodcast.com/fire017

Today on the podcast we are going deep on financial independence and retirement perks. Deeper than usual.

Our guest is Doug Nordman from The Military Guide, a former Navy nuclear submariner (um cool!) who has long since been "retired" and financially independent.

FIRE status = pro

This episode is a bit longer than usual, but we go deep on some tactical FIRE concepts, ideas, and lessons, including:

The very, very, very first step towards FI (it's not saving)

Some well-known and lesser-known benefits for a career in the military. 50% savings rate anyone?

How travel is actually cheaper during retirement.

FIRE can be a touchy subject at your day job.

Great tips for REI (including common pitfalls for purchasing a property)

How Gwen almost joined a sorority (lol)

That last one isn't very tactical, but still.

Doug (Nord) is an amazing guy! Enjoy the episode, and drop us a comment with your thoughts! (or hollar at us in the Facebook group)

For full takeaways and show notes, head here: https://firedrillpodcast.com/fire017

Today on the podcast we are going deep on financial independence and retirement perks. Deeper than usual.

Our guest is Doug Nordman from The Military Guide, a former Navy nuclear submariner (um cool!) who has long since been "retired" and financially independent.

FIRE status = pro

This episode is a bit longer than usual, but we go deep on some tactical FIRE concepts, ideas, and lessons, including:

The very, very, very first step towards FI (it's not saving)

Some well-known and lesser-known benefits for a career in the military. 50% savings rate anyone?

How travel is actually cheaper during retirement.

FIRE can be a touchy subject at your day job.

Great tips for REI (including common pitfalls for purchasing a property)

How Gwen almost joined a sorority (lol)

That last one isn't very tactical, but still.

Doug (Nord) is an amazing guy! Enjoy the episode, and drop us a comment with your thoughts! (or hollar at us in the Facebook group)

For full takeaways and show notes, head here: https://firedrillpodcast.com/fire017

Today on the podcast we are going deep on financial independence and retirement perks. Deeper than usual.

Our guest is Doug Nordman from The Military Guide, a former Navy nuclear submariner (um cool!) who has long since been "retired" and financially independent.

FIRE status = pro

This episode is a bit longer than usual, but we go deep on some tactical FIRE concepts, ideas, and lessons, including:

The very, very, very first step towards FI (it's not saving)

Some well-known and lesser-known benefits for a career in the military. 50% savings rate anyone?

How travel is actually cheaper during retirement.

FIRE can be a touchy subject at your day job.

Great tips for REI (including common pitfalls for purchasing a property)

How Gwen almost joined a sorority (lol)

That last one isn't very tactical, but still.

Doug (Nord) is an amazing guy! Enjoy the episode, and drop us a comment with your thoughts! (or hollar at us in the Facebook group)

Today's episode is a special one. Like, seriously special.

Not only do we get to sit down with Erik from The Mastermind Within, who is a multi-business entrepreneur, house-hacker, consultant, and financial blogger...

But we also get to see who Gwen is dating.

**gasps**

(Here's a hint: IT'S ERIK.)

Today we dive into...

Who is Gwen dating?? Who is Erik dating?? (hint hint hint: EACH OTHER.)

How Erik first got into FIRE

How Erik "house-hacked" his college rental situation

Personal development through daily discipline

Enjoy!

Show notes and links from today's episode

Erik's site - The Mastermind Within

Financial Samurai - one key influence on Erik's personal finance path

The Millionaire Fastlane - Fantastic crossover business // finance book. Focused on wealth through entrepreneurship

The Miracle Morning - Wake up and get self-development out of the way ASAP.

The Slight Edge - Daily discipline = success

Kombucha Tea - Fermented and delicious :)

Gwen's comment on Erik's blog (see below)

so smooth ;)

Key takeaways from our chat with Erik from The Mastermind Within

1 - Couples that spreadsheet together, stay together.

Ok, so this isn't a super huge clutch takeaway, but it is funny ;-)

Actually, this is important.

Staying on the same page financially is a key component to any healthy relationship. Money can be a huge stressor, and managing money across two human beings can multiply that stress, if you aren't careful.

Spreadsheet together. Budgets are sexy ;-)

2 - Erik's "Jump in and see what happens" attitude.

Impulsive tendencies. Both Erik and Gwen have a fairly aggressive attitude towards pursuing things they want. Both in relationships, real estate deals, etc

Within a week of saying he wanted to buy a house, Erik was under contract for a house. Less than 2 years later, he's super thankful.

Though risk should definitely be considered always, good fortune generally favors those who can pursue their dreams aggressively while maintaining A+ risk management. (Zeona, another podcast guest, exemplified the same traits in her AirBnB business)

(The above sentence is likely from a fortune cookie somewhere, yes?)

Allow yourself to get excited about things. What's the worst that could happen? Could you reverse that worse thing should it actually happen? What's the potential upside?

Go do things. Live and learn.

#fortunecookie

3 - Forget money. Entrepreneurship is fun, and will teach you a ton.

Starting a business sounds like a thrilling idea for many, but often gets UBER overwhelming, time-consuming, and ultimately not profitable...turning people off.

Erik brings up an important though: Starting a business can be fun.

Hard and scary? Most definitely. High chance of failure for each venture? Probably. You'll get a taste of marketing, sales, pricing, finance, content, branding, 1,453 other thing?

Yes. You will.

Win or lose, money or no money, you will absolutely learn something valuable.

4 - Discipline is crucial to self-development and "success" (whatever that means to you)

"It's the positive things you do every day that make the big difference." - Erik

This reminded us of an old dieting adage: The best diet is the one you'll stick to.

Erik mentioned a number of key books (see shownotes above) that has demonstrated daily discipline as a key ingredient to the personal success pie.

Which is a real thing, as corny as it sounds.

Whatever your personal goals are,

Today's episode is a special one. Like, seriously special.

Not only do we get to sit down with Erik from The Mastermind Within, who is a multi-business entrepreneur, house-hacker, consultant, and financial blogger...

But we also get to see who Gwen is dating.

**gasps**

(Here's a hint: IT'S ERIK.)

Today we dive into...

Who is Gwen dating?? Who is Erik dating?? (hint hint hint: EACH OTHER.)

How Erik first got into FIRE

How Erik "house-hacked" his college rental situation

Personal development through daily discipline

Enjoy!

Show notes and links from today's episode

Erik's site - The Mastermind Within

Financial Samurai - one key influence on Erik's personal finance path

The Millionaire Fastlane - Fantastic crossover business // finance book. Focused on wealth through entrepreneurship

The Miracle Morning - Wake up and get self-development out of the way ASAP.

The Slight Edge - Daily discipline = success

Kombucha Tea - Fermented and delicious :)

Gwen's comment on Erik's blog (see below)

Key takeaways from our chat with Erik from The Mastermind Within

1 - Couples that spreadsheet together, stay together.

Ok, so this isn't a super huge clutch takeaway, but it is funny ;-)

Actually, this is important.

Staying on the same page financially is a key component to any healthy relationship. Money can be a huge stressor, and managing money across two human beings can multiply that stress, if you aren't careful.

Spreadsheet together. Budgets are sexy ;-)

2 - Erik's "Jump in and see what happens" attitude.

Impulsive tendencies. Both Erik and Gwen have a fairly aggressive attitude towards pursuing things they want. Both in relationships, real estate deals, etc

Within a week of saying he wanted to buy a house, Erik was under contract for a house. Less than 2 years later, he's super thankful.

Though risk should definitely be considered always, good fortune generally favors those who can pursue their dreams aggressively while maintaining A+ risk management. (Zeona, another podcast guest, exemplified the same traits in her AirBnB business)

(The above sentence is likely from a fortune cookie somewhere, yes?)

Allow yourself to get excited about things. What's the worst that could happen? Could you reverse that worse thing should it actually happen? What's the potential upside?

Go do things. Live and learn.

#fortunecookie

3 - Forget money. Entrepreneurship is fun, and will teach you a ton.

Starting a business sounds like a thrilling idea for many, but often gets UBER overwhelming, time-consuming, and ultimately not profitable...turning people off.

Erik brings up an important though: Starting a business can be fun.

Hard and scary? Most definitely. High chance of failure for each venture? Probably. You'll get a taste of marketing, sales, pricing, finance, content, branding, 1,453 other thing?

Yes. You will.

Win or lose, money or no money, you will absolutely learn something valuable.

4 - Discipline is crucial to self-development and "success" (whatever that means to you)

"It's the positive things you do every day that make the big difference." - Erik

This reminded us of an old dieting adage: The best diet is the one you'll stick to.

Erik mentioned a number of key books (see shownotes above) that has demonstrated daily discipline as a key ingredient to the personal success pie.

Which is a real thing, as corny as it sounds.

Whatever your personal goals are,

Today's episode is a special one. Like, seriously special.

Not only do we get to sit down with Erik from The Mastermind Within, who is a multi-business entrepreneur, house-hacker, consultant, and financial blogger...

But we also get to see who Gwen is dating.

**gasps**

(Here's a hint: IT'S ERIK.)

Today we dive into...

Who is Gwen dating?? Who is Erik dating?? (hint hint hint: EACH OTHER.)

How Erik first got into FIRE

How Erik "house-hacked" his college rental situation

Personal development through daily discipline

Enjoy!

Show notes and links from today's episode

Erik's site - The Mastermind Within

Financial Samurai - one key influence on Erik's personal finance path

The Millionaire Fastlane - Fantastic crossover business // finance book. Focused on wealth through entrepreneurship

The Miracle Morning - Wake up and get self-development out of the way ASAP.

The Slight Edge - Daily discipline = success

Kombucha Tea - Fermented and delicious :)

Gwen's comment on Erik's blog (see below)

Key takeaways from our chat with Erik from The Mastermind Within

1 - Couples that spreadsheet together, stay together.

Ok, so this isn't a super huge clutch takeaway, but it is funny ;-)

Actually, this is important.

Staying on the same page financially is a key component to any healthy relationship. Money can be a huge stressor, and managing money across two human beings can multiply that stress, if you aren't careful.

Spreadsheet together. Budgets are sexy ;-)

2 - Erik's "Jump in and see what happens" attitude.

Impulsive tendencies. Both Erik and Gwen have a fairly aggressive attitude towards pursuing things they want. Both in relationships, real estate deals, etc

Within a week of saying he wanted to buy a house, Erik was under contract for a house. Less than 2 years later, he's super thankful.

Though risk should definitely be considered always, good fortune generally favors those who can pursue their dreams aggressively while maintaining A+ risk management. (Zeona, another podcast guest, exemplified the same traits in her AirBnB business)

(The above sentence is likely from a fortune cookie somewhere, yes?)

Allow yourself to get excited about things. What's the worst that could happen? Could you reverse that worse thing should it actually happen? What's the potential upside?

Go do things. Live and learn.

#fortunecookie

3 - Forget money. Entrepreneurship is fun, and will teach you a ton.

Starting a business sounds like a thrilling idea for many, but often gets UBER overwhelming, time-consuming, and ultimately not profitable...turning people off.

Erik brings up an important though: Starting a business can be fun.

Hard and scary? Most definitely. High chance of failure for each venture? Probably. You'll get a taste of marketing, sales, pricing, finance, content, branding, 1,453 other thing?

Yes. You will.

Win or lose, money or no money, you will absolutely learn something valuable.

4 - Discipline is crucial to self-development and "success" (whatever that means to you)

"It's the positive things you do every day that make the big difference." - Erik

This reminded us of an old dieting adage: The best diet is the one you'll stick to.

Erik mentioned a number of key books (see shownotes above) that has demonstrated daily discipline as a key ingredient to the personal success pie.

Which is a real thing, as corny as it sounds.

Whatever your personal goals are,

For top takeaways and show notes from today's chat, visit: https://firedrillpodcast.com/fire015/

What if your job allowed you to go fully remote for a year? And what if you and your spouse sold everything you owned, bought a boat, and cruised around the Americas for 5 years while building an online business?

Literally the dream life for many FIRE-rs.

Today's guest is none other than Melody from Saving to Sail, who has done exactly that. She teaches boaters how to live their dreams and make money while sailing the word.

#digitalnomad #life.

Melody chats about:

How she got into boating, how she prepared, and what sailing life is really like.

The surprisingly *uncomplicated* saving method Melody used to create this lifestyle. (goooood motivation)

Her online business in freelance writing, web design, and teaching others how to blog.

Pirate names (see below)

This episode is fantastic for anyone considering replacing a full-time job lifestyle with online business and full-time travel. Enjoy!

For top takeaways and show notes from today's chat, visit: https://firedrillpodcast.com/fire015/

What if your job allowed you to go fully remote for a year? And what if you and your spouse sold everything you owned, bought a boat, and cruised around the Americas for 5 years while building an online business?

Literally the dream life for many FIRE-rs.

Today's guest is none other than Melody from Saving to Sail, who has done exactly that. She teaches boaters how to live their dreams and make money while sailing the word.

#digitalnomad #life.

Melody chats about:

How she got into boating, how she prepared, and what sailing life is really like.

The surprisingly *uncomplicated* saving method Melody used to create this lifestyle. (goooood motivation)

Her online business in freelance writing, web design, and teaching others how to blog.

Pirate names (see below)

This episode is fantastic for anyone considering replacing a full-time job lifestyle with online business and full-time travel. Enjoy!