The FI School

The FI School

By Jared Mataitusi and Russell FlynnEducationSelf-Improvement
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The FI School episodes

  • 012 | Goals for 2023

    What are our goals for 2023 and how do we plan to get there?


    Key topics for today's episode:

    • Setting a goal, creating a plan, and defining the metric for success
    • When you love the journey, the goals will just happen, you hit those milestones as a side effect.
    • The man who loves walking will walk further than the man who loves the destination.

      • What is the journey of learning?

      1. Sucking at something
      2. Failing
      3. Getting Better
      4. Learning
      5. Start a new journey, start over, or do it again


        6. When you fall in love with the journey, everything else will take care of itself


        If you'd like to ask us a question, email us at [email protected] and we might just discuss your question on the show!


        Resources:

        Geoff Woods - The One Thing Podcast

        1 hr 2 min
      6. 011 | The One Habit to Rule Them All

        New Year is a time for fresh starts. The question is what do you want to use this refresh for?


        Do you want to get in shape? Read more books? Start meditating? Journaling? A side project? Budgeting?


        Whatever you choose, the foundation to getting there is the same.


        Tune in to find out how to build the foundational habit that will lead you to success in all of your goals this year and the years to come.


        If you'd like to ask us a question, email us at [email protected] and we might just discuss it on the show!


        Resources:

        The Power of Habit by Charles Duhigg

        Atomic Habits by James Clear

        Tiny Habits by BJ Fogg



        1 hr
      7. 010 | JL Collins Stock Series Parts 1-4


        Today's episode covers the first 4 articles of Jim Collins' world-renowned blog series titled "The Stock Series."

        This series of articles eventually led to Jim writing the most famous book in the Financial Independence space in this century, The Simple Path to Wealth.

        Jim's "Stock Series" and subsequent book have inspired hundreds of bloggers and podcasters, as well as thousands of individuals and families to simplify their finances and invest in low-cost, broad-based index funds.


        For the entire series, go to https://jlcollinsnh.com/stock-series/


        Today we discuss:

        • Part 1: There's a major market crash coming!!!!
        • Part 2: The Market Always Goes Up
        • Part 3: Most people lose money in the market
        • Part 4: The Big Ugly Event


          • If you'd like to ask us a question, email us at [email protected] and we might just discuss it on the show!

          55 min
        • 009 | Travel Rewards | The Secret Sauce to Credit Cards for Military Members

          Just when you thought you knew everything about credit cards and travel rewards...


          Being in the military completely flips the script for travel rewards and points and miles.


          You probably joined the military, opened an Amex Platinum or Chase Sapphire Reserve, and maybe a Hilton or Marriott card, all because your friend said you should.


          But that's just the beginning...


          If you skip this episode, you're leaving thousands of dollars on the table every year.


          Tune in to hear Russell's mind explode as Jared reveals the secret sauce of the Krabby Patty Formula and credit card rewards for military members.


          If you'd like to ask us a question, email us at [email protected] and we might just discuss it on the show!

          1 hr 20 min
        • 008 | The California Effect by Mr Money Mustache

          Today Jared hosts the show solo, discussing MMM's recent post about the California Effect and how quickly we can adapt to a lifestyle and call it "normal." Our ability to adjust can be positive or negative.


          Is it "normal" to go out to lunch every day? Is it "normal" to ride your bike to work?


          Is it "normal" to take out a $70,000 car loan for a new Ford F-250? Is it normal to do house renovations yourself?


          Maybe you've fallen into a lifestyle by accident, and your "normal" is a bunch of mindless activities that don't bring you any value.


          But here's the secret:


          You can create a new normal.


          Pack your lunch every day and soon enough it will become normal. Ride your bike to work long enough and it will become normal. Cook at home and invite your friends over for dinner and board games enough times and that will become normal.


          The new activities in your life will start to feel normal to you, and they'll start to become normal to the people around you. You just need a little courage, and a little confidence.


          We got your back. Get out there, and design your normal life.


          If you'd like to ask us a question, email us at [email protected] and we might just discuss it on the show!


          Resources:

          https://www.mrmoneymustache.com/2022/12/10/the-california-effect/

          40 min
        • 007 | Military Edition | LIVE How to Achieve Financial Independence in the Military

          Today's episode is a LIVE recording of a personal finance workshop Jared held in his unit in the US Air Force. Stay tuned to learn about money mindset, the Thrift Savings Plan (TSP), and stock market fundamentals.

          While some of the details in this workshop are only applicable to military members, most of the discussion is widely applicable to everyone. You won't want to miss it!


          Big Three Takeaways:

          1. It is possible for every military member to become a millionaire through the TSP, even if they don't stay in for 20 years.
          2. The C-fund is the S&P 500.
          3. Every military member should be contributing at least 5% of their base pay to the TSP.


            4. If you'd like to ask us a question, email us at [email protected] and we might just discuss it on the show!

            1 hr 22 min
          4. 006 | Travel Rewards | Part 3 - Chase Ultimate Rewards Strategy

            The Chase Sapphire Reserve is a MUST HAVE card if you are in the military, and most likely still worth having in your wallet even if you're not in the military.

            Get $300 in travel every year (the easiest-to-use travel credit of any credit card anywhere), 3x on all travel and 3x on all dining, plus the BEST Priority Pass membership in the credit card world (yes, the Sapphire Reserve Priority Pass is better than the Amex Platinum Priority Pass).

            Everything you need to consider when building your strategy for Chase Ultimate Rewards!

            Some topics in today's episode:

            • What is the 5/24 rule?
            • What is the difference between points, miles, and cash back?
            • What Chase cards should I open and in what order?
            • What should I do if I'm just getting started?
            • The Chase two card combo
            • Chase's best transfer partners
            • How to transfer your Chase Ultimate Rewards Points

              • Hear about how Jared almost booked a $1500 stay at a 5-star hotel across the street from the Colosseum in Rome for only 35,000 pt/night thanks to his Chase Sapphire Reserve card.


              If you'd like to ask us a question, email us at [email protected] and we might just discuss it on the show!

              1 hr 3 min
            • 004 | Travel Rewards | Part 1 - Should I get into Travel Hacking?

              Points, Miles, Cash Back--What are they and how do they work?

              Find out on today's episode!

              Credit Cards can be an awesome strategy (and a really fun hobby for some people) to both lower your cost of living and increase your quality of life without paying the sticker price.


              You can earn thousands of dollars of free travel if you're intentional about your spending and have a strategy.


              BUT: You don't get to play the game unless you play by the rules.


              1. Pay off your cards in full every month without fail
              2. Don't spend money on your cards that you wouldn't have spent otherwise
              3. Stay away from sketchy manufactured spending / gray area stuff. AKA obey the terms and conditions of the cards


                4. Listen to find out if you should consider getting into travel hacking!


                If you'd like to ask us a question, email us at [email protected] and we might just feature your question on a future episode!

                46 min
              4. 003 | Habits, Pest Control, and Dating

                What do Habits, Pest Control, and Dating have in common?

                Stay tuned and find out!

                Today, Jared and Russell talk about how confidence, rejection, and incremental improvements have had an outsized impact in summer sales and even their dating lives!


                If you'd like to ask us a question, email us at [email protected] and we might just feature your question on a future episode!

                1 hr 4 min

              About The FI School

              From the publisher's feed

              A podcast dedicated to helping young achievers open their eyes to the world of possibilities and build the life of their dreams. Jared and Russell are two dudes who discuss topics centered around…