In this week's episode, Brad and Jonathan are joined by Measure Twice Money's founder Cody Garrett! Together, they discuss important details about DIY financial planning, such as identifying where you do and don't need help with your financial planning, exercising the rational and reasonable approach when financial planning, and ways you can properly prioritize your spending! Also, the trio shares important information you should know before selecting a financial planner.  Cody Garrett    Website: Measure Twice Money Blog: Measure Twice Money's Blog     Resources Mentioned In Today’s Conversation    Cody's Interview on FA Success Sean Mullaney Annual CFP Roundtable 2017 with Kyle Mast and Danny Kenny | ChooseFI Episode 058 Jorge Soriano - Financial Planning For Good Mike Powers - Manuka Financial XY Planning Network   Measure Twice Money's Data Gathering Checklist    If You Want To Support ChooseFI:    Earn $1,000 in cashback with ChooseFI's 3-card credit card strategy Share FI by sending a friend ChooseFI: Your Blueprint to Financial Independence Track your personal finances with Personal Capital Compare, buy, and save big on insurance with Policygenius Keep learning or start a new sidehustle with one of our educational courses Slash your cellphone bill without sacrificing service with Mint Mobile  Want to start your own journey to Financial Independence? Sign up for the free 5-Day FI Challenge here! 

352 | The DIY Financial Plan

How would your life change if you reached Financial Independence and got to the point where working is optional? What actions can you take today to make that not just possible but probable. Jonathan & Brad explore the tactics that the FI community uses to reclaim decades of their lives. They discuss reducing expenses, crushing debt, tax optimization, building passive income streams through online businesses and real estate and how to travel the world for free. Every episode is packed with actionable tips and no topic is too big or small as long as it speeds up the process of reaching financial independence.

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In this episode: financial freedom, starting your own business, you can't sprint forever, buying vs renting, and investing. This week we are rejoined by host of Financial Feminist podcast and creator of Her First 100K, Tori Dunlap, to fill us in on her journey with FI over the last few years, discuss what financial equity and the importance of building financial foundation and literacy among marginalized groups, as well as discuss how financial advice can differ for men and women. While money can be linked with stability and ease in one's life, the real power that comes from personal finance and independence is the freedom it allows you to not only change your life, but instill change in the communities around you. Although there can be times you feel guilt or shame when discussing financial literacy, there are endless resources at your disposal to educate and have you feeling confident. Tori Dunlap:  Website: herfirst100k.com Book: “Financial Feminist: Overcome the Patriarchy’s Bullsh*t to Master Your Money and Build a Life You Love” Podcast: Financial Feminist Instagram: @herfirst100k Where to Start: Her First 100k Quiz  Resources Mentioned In Today’s Episode:  Negotiate Your Salary With Tori Dunlap | ChooseFI Ep 147 Marriage Kids and Money  The Impact of Fees on Your Investment  “The Simple Path to Wealth: Your Road Map to Financial Independence and a Rich, Free Life” by JL Collins  RENTING VS. BUYING: WHAT’S RIGHT FOR ME? Subscribe to The FI Weekly!  More Helpful Links and FI Resources:  Top 10 Recommended Travel Rewards Credit Cards Empower: Free Dashboard to Track Your Finances CIT Bank Platinum Savings Account M1 Finance: Commission-Free Investing, 1-click rebalancing CashFreely: Maximize Your Cash Back Rewards Travel Freely: Track all your rewards cards and points Emergency Binder: For Your Family’s Essential Info (code ‘CHOOSEFI’ for 20% off) Student Loan Planner: Custom Consult (with $100 Discount) Get a cheaper phone plan with Mint Mobile 

Money is Your Best Form of Protest | Tori Dunlap

In this episode: doing everything but not at once, building your extraordinary life, optimizing your time, and what to do after FI. This week we are joined by Alan and Katie Donogan as well as my guest co-host Ginger live from the Design Your Extraordinary Life Weekend event in Las Vegas, where we will be discussing their exercise of envisioning what an extraordinary life can look like in designated areas of your life, as well as learning how identify and overcome limiting beliefs that can hold you back from achieving your dream life. Reaching your FI goal can radically change your life and usher in new freedom, but it doesn’t necessarily mean all your problems go away. While you may be focused on taking actionable steps to to hit your FI number, it's just as important to take actionable steps to build and create the life you want to be living! By taking account of certain areas of your life and identifying the areas and mindsets that need to be changed in order to achieve your extraordinary life, you will not only be on track to living your best life on your FI journey, but continuing to live it well after you reach the finish line! 9 Life Snapshot Categories (Explained here.)  Love and Relationships Career or Business or Mission Finances Physical Environment Friends and Family Fun, Adventure and Passion Health and Wellness Personal Growth and Development Spirituality  Alan and Katie Donegan:    Website: alandonegan.com  YouTube: The Donegans  Resources Mentioned In Today’s Episode:     The Cure for the Boring Middle | Fioneers | ChooseFI Ep 472  EconoME Conference   "The Daily Stoic: 366 Meditations on Wisdom, Perseverance, and the Art of Living" by Ryan Holiday and Stephen Hanselman Viola and Dan’s YouTube Channel General Donegan update  Subscribe to The FI Weekly!  More Helpful Links and FI Resources:  Top 10 Recommended Travel Rewards Credit Cards Empower: Free Dashboard to Track Your Finances CIT Bank Platinum Savings Account M1 Finance: Commission-Free Investing, 1-click rebalancing CashFreely: Maximize Your Cash Back Rewards Travel Freely: Track all your rewards cards and points Emergency Binder: For Your Family’s Essential Info (code ‘CHOOSEFI’ for 20% off) Student Loan Planner: Custom Consult (with $100 Discount) Get a cheaper phone plan with Mint Mobile     

Design Your Extraordinary Life | Alan & Katie Donegan

In this episode: RRTTLU, actual risk, actual return, balancing portfolios, understanding your timeline, taxes, and legal situations. This week we are joined by Jesse Cramer of the “Best Interest" blog and podcast to discuss “RRTTLLU”, an acronym that provides a framework and guide of some of the factors one should consider when they start investing. While investing on your own can seem complex with many factors to consider such as your risk tolerance, the potential tax liabilities, and returns; being realistic about what you want to get out of your investment and what timeline you are on will only ensure your success. Considering some of these factors before you start investing can help you to choose your investments smartly, and give you the confidence and self-assurance for when changes or uncertainties come and go!  Jesse Cramer:  Website: bestinterest.blog Podcast: The Best Interest Podcast  Resources Mentioned In Today’s Episode:  Join ChooseFI’s Facebook Group! Investor Policy Statement | ChooseFI Ep 189 Bucket Your Money The Safe Withdrawal Rate Series “Die With Zero: Getting All You Can from Your Money and Your Life” by Bill Perkins  How to Access Your Retirement Accounts Before 59.5 | Sean Mullaney | ChooseFI Ep 475  Answering Your Questions on How to Access Money Before 59.5 | ChooseFI Ep 491 RRTTLLU: That’s Not a Typo, Investors Subscribe to The FI Weekly!  More Helpful Links and FI Resources:  Top 10 Recommended Travel Rewards Credit Cards Empower: Free Dashboard to Track Your Finances CIT Bank Platinum Savings Account M1 Finance: Commission-Free Investing, 1-click rebalancing CashFreely: Maximize Your Cash Back Rewards Travel Freely: Track all your rewards cards and points Emergency Binder: For Your Family’s Essential Info (code ‘CHOOSEFI’ for 20% off) Student Loan Planner: Custom Consult (with $100 Discount) Get a cheaper phone plan with Mint Mobile 

The RRTTLLU Investing Framework | Jesse Cramer

In this episode: 72t, Roth 401k’s, Roth IRA’s, The Pro Rata Rule, PUQME, HSA’s, Retirement and Education, and Roth Conversions. In one of our faster update episodes ever, friend of the show Sean Mullaney re-joins Brad to follow up on the episode we published back in February, “How to Access Your Retirement Accounts Before 59.5,” as well answer some of the questions our community had around the subject. We in the FI community know that retiring is an option way sooner than we were originally led to believe, so listen along as Brad and Sean shed some light on ways you could potentially access your retirement savings before facing the edge of your golden years.  Sean Mullaney:  Website: fitaxguy.com Website: mullaneyfinancial.com Twitter: @SeanMoneyandTax YouTube: @SeanMullaneyVideos  Timestamps:  1:05 – Introduction 1:58 – Optimizing for 72t 10:25 – Roth Conversions and Premium Tax Credits 22:21 – Roth 401k and Roth IRA 27:08 – The Pro-Rata Rule 36:17 – PUQME and HSA’s 45:39 – Using Retirement Withdrawals for Education 50:40 – The Rule of 55 and Solo 401k’s 55:11 – Marriage and Taxes 61:32 – IRA and Health Insurance Premiums 64:13 – Conclusion  Resources Mentioned In Today’s Episode:   How to Access Your Retirement Accounts Before 59.5 | Sean Mullaney | ChooseFI Ep 475  Forget About Money Podcast  Accessing Retirement Accounts Prior To Age 59.5  Do You Have a Hidden Roth IRA?  Retirement topics: Exceptions to tax on early distributions Subscribe to The FI Weekly!  More Helpful Links and FI Resources:  Top 10 Recommended Travel Rewards Credit Cards Empower: Free Dashboard to Track Your Finances CIT Bank Platinum Savings Account M1 Finance: Commission-Free Investing, 1-click rebalancing CashFreely: Maximize Your Cash Back Rewards Travel Freely: Track all your rewards cards and points Emergency Binder: For Your Family’s Essential Info (code ‘CHOOSEFI’ for 20% off) Student Loan Planner: Custom Consult (with $100 Discount) Get a cheaper phone plan with Mint Mobile 

Answering Your Questions on How to Access Money Before 59.5 | Sean Mullaney

In this episode: events, community, travel rewards, medidations, mini retirements, travel wins, and travel points. This week we are back with friend of the pod Ginger to discuss a mixed bag of topics, such as attending FI events, travel rewards and companion passes, as well as the idea of a “mini” retirements and what that can look like while on the path to FI. However, this episode isn't titled "The Ultimate Random Show" for nothing, as we branch off in quite a few different directions as we cover those topics. As opposed to having us try and describe it for you, it may be best to go ahead and hit play so you can see for yourself! Timestamps:  0:47 – Introduction 1:42 – Events and Community 11:59 – Travel Rewards 21:41 – Meditation 24:46 – Brad’s Phoenix Trip 31:40 – What We Are Listening To/Mini Retirements 45:11 – Travel Points/Wins 51:32 – Conclusion  Resources Mentioned In Today’s Episode:  The Donegans Afford Anything EconoME Conference Insight Timer Mile High FI Coach Carson Mr. Money Mustache & Car Free Living at Culdesac | MHFI 207  Forget About Money  How to Access Your Retirement Accounts Before 59.5 | Sean Mullaney | ChooseFI Ep 475 Mindy On Money Retire Often  Best Tools for Booking Hotels with Points & Miles with Greg the Frequent Miler Points Yeah Points.Me Seats.Aero Subscribe to The FI Weekly!  More Helpful Links and FI Resources:  Top 10 Recommended Travel Rewards Credit Cards Empower: Free Dashboard to Track Your Finances CIT Bank Platinum Savings Account M1 Finance: Commission-Free Investing, 1-click rebalancing CashFreely: Maximize Your Cash Back Rewards Travel Freely: Track all your rewards cards and points Emergency Binder: For Your Family’s Essential Info (code ‘CHOOSEFI’ for 20% off) Student Loan Planner: Custom Consult (with $100 Discount) Get a cheaper phone plan with Mint Mobile 

352 | The DIY Financial Plan

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