Freedom Before FI | Life Design, Purpose, Sabbaticals, Coast FI & Financial Independence (FIRE)

Most of us have it wrong when we are aiming for a goal or aspiration, this one mindset shift is very simple but profound and can really help push you to achieve success in your life. We can use this for aspirations like finding happiness, finding freedom, achieving our relationship goals, achieving our personal finance goals and so on.

Freedom Before FI Links:

• Free Guides: Download the free ‘Freedom Ideas’ Cheat Sheet and the free ‘Find Your Purpose’ worksheet at: https://freedombeforefi.com/free-guides/
• Website: Check out our resources and services at www.freedombeforefi.com
• Email: If you want to connect, send me a note at [email protected]

Disclaimer: This podcast is for informational purposes only and should not be considered as financial advice

We know what most of the benefits are for using Coast FI (or Coast Financial Independence) as a strategy to start enjoying our lives sooner. However, there are some pitfalls and downsides we do need to be aware of before jumping into Coast FI. On this episode I’ll be continuing on from the first part although the potential risks and downsides on this episode are not commonly talked about.

Freedom Before FI Links:

• Free Guides: Download the free ‘Freedom Ideas’ Cheat Sheet and the free ‘Find Your Purpose’ worksheet at: https://freedombeforefi.com/free-guides/
• Website: Check out our resources and services at www.freedombeforefi.com
• Email: If you want to connect, send me a note at [email protected]

Disclaimer: This podcast is for informational purposes only and should not be considered as financial advice

We know what most of the benefits are for using Coast FI (or Coast Financial Independence) as a strategy to start enjoying our lives sooner. However, there are some pitfalls and downsides we do need to be aware of before jumping into Coast FI. On the next two episodes I’ll be discussing what those are and some ways to tackle them. This episode will cover downsides 1-3.

Freedom Before FI Links:

• Free Guides: Download the free ‘Freedom Ideas’ Cheat Sheet and the free ‘Find Your Purpose’ worksheet at: https://freedombeforefi.com/free-guides/
• Website: Check out our resources and services at www.freedombeforefi.com
• Email: If you want to connect, send me a note at [email protected]

Disclaimer: This podcast is for informational purposes only and should not be considered as financial advice

Is Financial Independence only for those with high six figure salaries? On this episode, I discuss some example scenarios on how members of the FI community can achieve Coast FI (Cost Financial Independence) based on an average salary. Coast FI is a milestone on the way to traditional full FI and it can help unlock freedoms along the way.

Coast FI Calculator referenced on the show:

https://walletburst.com/tools/coast-fire-calc/

Freedom Before FI Links:

• Free Guides: Download the free ‘Freedom Ideas’ Cheat Sheet and the free ‘Find Your Purpose’ worksheet at: https://freedombeforefi.com/free-guides/
• Website: Check out our resources and services at www.freedombeforefi.com
• Email: If you want to connect, send me a note at [email protected]

Disclaimer: This podcast is for informational purposes only and should not be considered as financial advice

What is it really like to quit your job and live a life of financial independence? Matt from the Financial Imagineer shares his story of how he was able to reach FI by 37, step away from his job and live a nomadic life with his wife and kids for the last 8 years. Matt currently lives in Basel, Switzerland but has also lived in Singapore and Taiwan working in investment management. He runs the blog Financial Imagineer “offering inspiration to take action in order to chase dreams and make them become reality: Financially Imagineering your life”. Matt also provides financial coaching and has been featured on a number of podcasts like Catching Up to FI, The MapleMoney Show and Well Kept Wallet Podcast.

The things you’ll learn:

• Matt’s backstory of how he became FI at age 37
• How he learned from 140 “crazy rich asians”
• The FI blogs he read on his journey
• Quitting his job
• How he rented out a room that covered the mortgage interest costs
• His monthly passive income target from dividends to become FI
• His investment strategy and portfolio allocation
• Buying properties abroad in Taiwan and Singapore 
• Using debt and as a tool to get to his FI goals
• Fixed income investments
• Matts blog article - The 3 Main Levers for Achieving FI
• Advice for listeners on how to use the 3 levers
• Why we need to do a financial health checkup
• How long it took Matt to get to FI
• Setting family goals and his 5 year plans with his wife
• Matt’s reasons for aiming for FI
• Freedoms Matt has unlocked on the way to FI
• Mini Retirements and Sabbaticals
• What is the reality of being FI and how is life now

Quick-fire round questions at the end:

1. The daily habits that helped Matt in his life
2. Matt’s most important lesson in life
3. Matt’s transformational book recommendations
4. 1-2 small things listeners can do this week to help them on their journey to FI

Matt’s Websites/Socials:

• Blog: https://www.financial-imagineer.com/blog/ 
• 3 Levers Article: https://www.financial-imagineer.com/levers-for-achieving-financial-independence/
• Facebook: https://www.facebook.com/financialimagineer 
• X: https://x.com/i/flow/login?redirect_after_login=%2FFI_imagineer 

Freedom Before FI Links:

• Free Guides: Download the free ‘Freedom Ideas’ Cheat Sheet and the free ‘Find Your Purpose’ Worksheet at: https://freedombeforefi.com/free-guides/
• Website: Check out our resources and services at https://freedombeforefi.com/ 
• Email: If you want to connect, send me a note at [email protected] 

Disclaimer: This podcast is for informational purposes only and should not be considered as financial advice

In the last episode we talked about the magic ingredient you need for a well lived life. That magic ingredient was knowing yourself. The more you know yourself (i.e. what are your values, what you like and what you don’t like etc.) the more you’ll be able to live in alignment with your ideal life, simply because you’ll have designed it in a way that aligns with what really matters to you. This is the essence to life design and finding freedom before reaching Financial Independence.

In this episode we discuss 5 different ways to get to know yourself better. There’s also a bonus one at the end!

Freedom Before FI Links:

• Free Guides: Download the free ‘Freedom Ideas’ Cheat Sheet and the free ‘Find Your Purpose’ worksheet at: https://freedombeforefi.com/free-guides/
• Website: Check out our resources and services at www.freedombeforefi.com
• Email: If you want to connect, send me a note at [email protected]

Disclaimer: This podcast is for informational purposes only and should not be considered as financial advice

There’s one thing that you need to have nailed down to design a life you love. On today’s episode I will be talking about what that is and how it can help you lead a well lived life way before achieving financial independence. 

Freedom Before FI Links:

• Free Guides: Download the free ‘Freedom Ideas’ Cheat Sheet and the free ‘Find Your Purpose’ worksheet at: https://freedombeforefi.com/free-guides/
• Website: Check out our resources and services at www.freedombeforefi.com
• Email: If you want to connect, send me a note at [email protected]

Disclaimer: This podcast is for informational purposes only and should not be considered as financial advice

”How we spend our days is how we spend our lives”. Essentially, the way we choose to use our time each day, with its small actions and decisions, ultimately shapes the course of our entire life. If we live each day meaningfully, our life as a whole will be meaningful too. I’ll be continuing the mini-series talking about how to spend the precious time we have left on this earth. I also give you some pro tips at the end to ensure we’re not wasting it too! 

Freedom Before FI Links:

• Free Guides: Download the free ‘Freedom Ideas’ Cheat Sheet and the free ‘Find Your Purpose’ worksheet at: https://freedombeforefi.com/free-guides/
• Website: Check out our resources and services at www.freedombeforefi.com
• Email: If you want to connect, send me a note at [email protected]
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Disclaimer: This podcast is for informational purposes only and should not be considered as financial advice

The average person will spend around 90,000 hours of their life working. So it’s worth choosing the right career so that you get a good return on your time investment.

Today I’ll be continuing the mini-series talking about the importance of choosing the right career for you. I will also give you a 4 step exercise on how to find the career that fits your goals and lifestyle.

In this mini-series, I’ll be discussing some life decisions you really have to get right to stay on course for your financial goals. These decisions can also shape how you live your life in general.

Freedom Before FI Links:

• Free Guides: Download the free ‘Freedom Ideas’ Cheat Sheet and the free ‘Find Your Purpose’ worksheet at: https://freedombeforefi.com/free-guides/
• Website: Check out our resources and services at www.freedombeforefi.com
• Email: If you want to connect, send me a note at [email protected]

Disclaimer: This podcast is for informational purposes only and should not be considered as financial advice

In this series, I’ll be discussing some life decisions you really have to get right to stay on course for your financial goals. These decisions can also shape your life in general.

Today I’ll be continuing the mini-series talking about the importance of choosing the right location to live for both your FI journey and for living your ideal life.

I will also give you a 7 step exercise on how to find the location that is perfect for you.

Freedom Before FI Links:

• Free Guides: Download the free ‘Freedom Ideas’ Cheat Sheet and the free ‘Find Your Purpose’ worksheet at:https://freedombeforefi.com/free-guides/
• Website: Check out our resources and services atwww.freedombeforefi.com
• Email:If you want to connect, send me a note at [email protected]

Disclaimer: This podcast is for informational purposes only and should not be considered as financial advice