Mile High FI Podcast

Mr. Money Mustache on Simplifying Your Finances (Live CampFI) | MHFI 229


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Doug and Carl answer a potpourri of audience questions at CampFI Rocky Mountain with help from Mark Trautman (Mark’s Money Mind), Pete Adeney (Mr. Money Mustache), Travis Hughes (Downshift Financial), and Mindy Jensen (BiggerPockets Money/Mindy on Money).

  • On a scale of 1 to 10, how happy were you to see asparagus served in the cafeteria at CampFI?
  • What was the most embarrassing moment on the way to FI?
  • For Pete: 
    • How do you navigate a complex case study – how do you look at it, and how do you simplify?
    • If we find ourselves in a really good situation it might be better to change the world a little bit while we’re still alive.  Why do we have to wait until we’re dead?
    • How do you feel about asparagus?
    • Can you talk about your interest in coaching and why you enjoy it?
    • What has surprised you about post-FI life?
    • What is still on your bucket list to do post-FI?
    • As a recovering FIRED software engineer, I’m still too much into routines and planning.  How do I introduce more spontaneity into my life post-FI?
    • What is your second favorite vegetable (besides asparagus)?
    • For Travis:
      • Is a Roth conversion considered earned income?  Is it income that can be deducted for HSA, rental loss, other business loss, capital gain loss?
      • What is the weird habit you do in the bathroom that you don’t want anyone to know?
      • What percentage of assets should be in bonds vs stocks and when should you rebalance?
      • Why is Emma so awesome?
      • For Mindy:
        • What is your favorite part of CampFI?
        • Compare and contrast index funds vs real estate
        • Any interest in a new FI movement – Sasquatch FI (whereby you pursue FI to find a life dedicated to traveling the world in search of the elusive, enigmatic Bigfoot)?
        • FI has changed a little bit from the early blogging days, so how do you see it shifting with “Die With Zero”?  How do you see the new wave of FI?
        • David Lee Roth or Sammy Hagar?
        • Be sure to check out the new GhostBed Massage Topper.  Save 50% site-wide on your new mattress, pillow, and bedding over at GhostBed (coupon code: MILEHIGHFI)

          Missed CampFI but still want to hang out?  If so, join us in our Facebook group or over at Buy Me A Coffee.

          Links

          (*Some affiliate links so we might earn a commission if you buy something)

          • CampFI
          • Mark Trautman
            • Mark’s Money Mind website
            • Mark’s Money Mind podcast
            • Pete Adeney
              • Mr. Money Mustache blog
              • Instagram
              • Mr. Money Mustache, “Notes on Giving Away my First $100,000”
              • Mr. Money Mustache, “How to Give Money (and Get Happiness) More Easily”
              • Travis Hughes/Downshift Financial
              • Mindy Jensen
                • BiggerPockets
                • BiggerPockets Money
                • Mindy on Money scholarship
                • Darren & Jolene/Dare to Draw Down
                • Maggie Gunther
                • Peter Singer, “The Life You Can Save”
                  • Hardcover
                  • Paperback
                  • Audiobook
                  • JL Collins
                  • FI Freedom Retreats
                  • Bill Perkins, “Die With Zero”
                    • Kindle
                    • Hardcover
                    • Paperback
                    • Audiobook
                    • Bob Haines on MHFI episode 210
                    • Wim Hof
                    • BJ on MHFI episode 217
                    • Dan Sheeks/Sheeks Freaks
                    • Early Retirement Extreme
                    • Heavy Metal Money
                    • Mile High FI Facebook Group
                    • Doug’s site
                    • Carl’s blog: 1500 Days
                    • Join the Mile High FI Club – It’s our email list!

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                      **Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won’t even make such a claim. You shouldn’t take the info as financial, legal, or tax advice. We aren’t certified financial planners or advisors. We’re not qualified for much. So get advice from professionals.**

                      Brought To You By:

                      The Doug Show, aka Affiliate Marketing & Side Hustles

                      1500 Days, Carl’s Blog about Early Retirement

                      0:00 Introduction

                      3:35 Most embarrassing FI moment

                      10:26 Pete discussing Case Studies

                      16:50 Giving back with Pete

                      22:23 Post-FI life

                      28:03 Introducing spontaneity

                      34:08 Travis discussing Roth Conversions

                      41:42 Asset allocation & rebalancing

                      48:44 The Mindy takeover

                      55:18 Mindy comparing index funds vs real estate

                      1:02:58 New wave of FI

                      ...more
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                      Mile High FI PodcastBy Doug Cunnington & Carl Jensen

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