FI Garage

Interview #2 – Shane Dillon Author of The Franklin FI


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Today on the FI Garage The Economist and The Accountant have a beer with Shane Dillon, author of The Franklin FI. He managed to get himself up at 3:00 am from Malaga, Spain so he could have a beer with us and tell us about his new book.
What we’re Drinking
Shane – Alhambra Reserva 1925 [1:10]The Accountant & The Economist – Axe & Barrel’s Langford Lager [2:27]
Interview Questions
You had art exhibited in the louvre? [3:06]
Was Photography Leisure or Side Project? [4:20]
Where do you currently live?  [4:54]
Malaga, SpainBirthplace of Pablo Picasso and Antonio Banderas
What is your cost of living like? [5:50]
One month of rent in Malaga= 10 months of rent in San Francisco
What was your inspiration for FIRE? [6:40]
Treating life like a Human CorporationTracking Profit and Loss, Savings rate, etc.
You took some time off for travel? [8:10 and 10:08]
Wasn’t happy at workBackpacked across South America
What is your favorite investment vehicle? [9:10]
Start investing with a littleIndex Funds are hard to beat
You had a second career? [11:20]
The travel bug bit you again [12:40]
Biked across the USA – learned what you need to be happy when carrying 2 bags for 4 monthsMoved to Europe
When did you start on The Franklin FI? [14:15]
Going to write 3 pages per day and end the summer with a novel.Breaking large goals down into simple tasks.Feel fulfilled after achieving simple goals.Finished first novel in first 60 days.2 novels finished and plan to write 3rd this summer.
Tell us more about the actual book?
The Franklin Fi: A Personal Finance Adventure for Next Generation InvestorsIs the idea you presented in the book for how a young person might get their first job with an ideal career path resume based on your own experience? [18:32]Tell us a little more about the characters, especially Sam Smooth and his similarity to Denny Crane? [21:03]Why did you want to write a book for young adults? [22:05] Average college student graduates with $40,000 in debt and it takes 21 years to pay off.70% of Americans are living pay cheque to pay cheque.80% of Americans die with some kind of debt.
A snippet from The Franklin Fi
Any parting thoughts for our audiance? [27:17]
Work forever (if you want to), but on your own termsTheFranklinFi.comShane’s TwitterShane’s FacebookShane’s Instagram
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