The Financial Independence Show

By Cody Berman and Justin TaylorBusiness Entrepreneurship Investing Careers

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The Financial Independence Show episodes

May 29, 2025 How to Travel the World on $75 a Day | Nomadic Matt
If you've ever searched for something travel-related, you've probably stumbled onto Nomadic Matt's website at one point or another.
He started travel blogging back in 2008 and quickly became one of the biggest names in the space.
As you can imagine, after traveling and gathering information for 15+ years, he has a lot to share about travel!
In this episode, we cover:
How to find cheap flights
How to find cheap accommodation
How to find a cheap phone plan
Why slow travel can save you money
Overrated and underrated travel destinations
The biggest mistakes most travelers make
Taking a sabbatical and/or quitting your job
and a whole lot more.
If you found value in the episode, please share it with a friend!
Links from The Episode
NomadicMatt.com
How to Travel the World on $75 a Day
Matt's Instagram
Cheap flights:
Going
Thrifty Traveler
Airfarewatchdog
The Flight Deal
Google Flights
Redeeming points:
Seats.aero
Point.me
Cheap stays:
Couchsurfing
Trusted House Sitters
Airbnb (rooms)
Home Exchange
Booking.com
Rakuten (for money back on booked stays)
Cheap phone plans:
Airalo
Saily
Holafly
No-fee Banking:
Charles Schwab Investor Checking
YouTube Interview
https://youtu.be/a9TrvTIlogw
Join the Community
We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community!
Grab the Ultimate FI Spreadsheet
Join our Facebook Group
Leave us a voicemail
Send an email to contact [at] TheFIshow [dot] com
If you like what you hear, please subscribe and leave a rating/review!
>> You can do that by clicking here <<
Learn More About Your Hosts
CodyDBerman.com (Cody’s Blog)
Saving-Sherpa (Justin’s blog)
40 min
May 20, 2025 The Simple Path to Wealth (Does it Still Work?) | JL Collins
Who said building wealth had to be complicated?
In this episode, we're joined by JL Collins, author of The Simple Path to Wealth (recently revised).
JL was one of the pioneers of the FI space as we know it today, and has been coined "The Godfather of FI".
During this interview, we cover:
If the Simple Path to Wealth still works in today's economy
How to navigate a market downturn
How to build your investment portfolio
The power of compound interest
Why fees can destroy your returns
How to spend in alignment with your values
The real reason we accumulate money
And so much more.
If you enjoyed this episode, check out the links below for more content, and don’t forget to share this podcast with a friend!
Links From the Episode
The Simple Path to Wealth
JLCollinsNH.com
The One Thing That Determines Your Success in the Market (blog post)
The Wasting Asset Retirement Model (WARM - blog post)
YouTube Interview
https://youtu.be/hr7_ZfbKMno
Join the Community
We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community!
Grab the Ultimate FI Spreadsheet
Join our Facebook Group
Leave us a voicemail
Send an email to contact [at] TheFiShow [dot] com
If you like what you hear, please subscribe and leave a rating/review!
>> You can do that by clicking here <<
Learn More About Your Hosts
CodyDBerman.com (Cody’s Blog)
Saving-Sherpa (Justin’s blog)
57 min
May 07, 2025 $1,500 per Month to Travel in Southeast Asia (Justin’s 3-Month Recap)
Today, we bring you our second episode covering Justin's six-month journey across Asia and Europe.
Luckily, Justin loves documenting the numbers, so you'll get the most in-depth breakdown of expenses you could hope for.
Listen in to see how he's living it up in paradise for $45/day.
That number includes accommodation, restaurants, groceries, gyms, activities, government fees, random purchases...literally everything.
Here's a high-level breakdown for Justin's half of the full Southeast Asia portion of his 6-month trip:
Transportation: $582
Accommodation: $1,368
Activities: $1,543
Restaurants: $299
Groceries: $242
Gov Fees: $32
Misc: $42
Gym: $80
Some highlight activities include:
4-day/3-night island hopping tour
Mount Batur sunrise jeep excursion
10-hour private driver tour
So many beaches and waterfalls
Three separate hour-plus massages
Three additional days of boat tours in the Philippines
5 separate 1hr+ massages
2 cooking classes
Gili Island Snorkeling
8-hour private Nusa Penida tour
Ha Long Bay yacht
Trang An river + Ninh Binh tour
Bai Dinh temple complex
4-day Ha Giang motorcycle loop (Vietnam)
Koh Lanta Island hopping
2-day Elephant Nature Park stay
12-hour Chiang Rai temple tour
and more...
Want all the data?
Check out Justin's detailed spreadsheet
We hope you enjoyed this in-depth check-in and look forward to periodically bringing you these over the next few months.
If you found value in the episode, please share it with a friend!
Links from The Episode
Traveling the World for $46/day
$2,052 for 5 Weeks in Southeast Asia (Justin's 1-Month Recap)
Justin's Detailed Trip Expenses
Justin's Substack (to follow along with his travels)
YouTube Interview
https://youtu.be/HPzIkEmhkTA
Join the Community
We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community!
Grab the Ultimate FI Spreadsheet
Join our Facebook Group
Leave us a voicemail
Send an email to contact [at] TheFIshow [dot] com
If you like what you hear, please subscribe and leave a rating/review!
>> You can do that by clicking here <<
Learn More About Your Hosts
CodyDBerman.com (Cody’s Blog)
Saving-Sherpa (Justin’s blog)
52 min
April 29, 2025 How to Get Rich Doing Boring Things | Nick Huber
Entrepreneurship doesn't have to be sexy.
In today's episode, Nick Huber, author of The Sweaty Startup, talks about how to get rich doing boring things.
Instead of building the next AI tool, how about a painting business? Or landscaping? Or HVAC? Or one of the hundreds of services that everyday people need?
Topics covered include:
Finding your next business idea
Why Shark Tank is a lie
The easiest way to tell if an idea will work
Getting your first customers
When to "legitimize" your business
Marketing strategies that actually work
When to start scaling and branching out
and more!
This episode covers a lot, so get ready to take some notes.
If you enjoyed this episode, check out the links below for more content, and don’t forget to share this podcast with a friend!
Links From the Episode
The Sweaty Startup (Nick's Book)
Nick’s Twitter
Nick’s Instagram
Nick's last appearance on The FI Show (episode 228)
Nick's businesses:
Personal Brand – https://sweatystartup.com/
Self Storage – https://boltstorage.com/
Overseas Staffing – https://supportshepherd.com/
Cost Segregation – https://recostseg.com/
Insurance – https://titanrisk.com/
Business Brokerage – https://nickhuber.com/
Recruiting – https://recruitjet.com/
Landing Page / Web Development – https://webrun.com/
Debt and Equity – https://bluekeycapital.com/
Tax Credit – https://taxcredithunter.com/
Performance Marketing – https://adrhino.com/
Pest control – https://spidexx.com/
YouTube Interview
https://youtu.be/OMffZ-Xuikk
Join the Community
We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community!
Grab the Ultimate FI Spreadsheet
Join our Facebook Group
Leave us a voicemail
Send an email to contact [at] TheFiShow [dot] com
If you like what you hear, please subscribe and leave a rating/review!
>> You can do that by clicking here <<
Learn More About Your Hosts
CodyDBerman.com (Cody’s Blog)
Saving-Sherpa (Justin’s blog)
46 min
March 11, 2025 Inner Entrepreneur (Start, Build, Buy, Scale, and Sell Your Business) | Grant Sabatier
Grant Sabatier, the bestselling author of Financial Freedom, returns to the show for the third time to talk all about entrepreneurship.
Inside the episode we cover:
How to come up with business ideas
What makes a successful entrepreneur
Why 9/10 small businesses fail
Grant's perfect business formula
Growing, scaling, and marketing a business
The biggest mistakes made by entrepreneurs
Following your passion vs. following the money
and so much more.
Grant's latest book, Inner Entrepreneur, is a fantastic resource for anyone looking to advance in business.
If you found value in the episode, please share it with a friend!
Links from The Episode
Inner Entrepreneur
GrantSabatier.com
Grant's Community
Grant's Instagram
Grant's First Appearance on The FI Show
YouTube Interview
https://youtu.be/dw5pxLC7CYQ
Join the Community
We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community!
Grab the Ultimate FI Spreadsheet
Join our Facebook Group
Leave us a voicemail
Send an email to contact [at] TheFIshow [dot] com
If you like what you hear, please subscribe and leave a rating/review!
>> You can do that by clicking here <<
Learn More About Your Hosts
CodyDBerman.com (Cody’s Blog)
Saving-Sherpa (Justin’s blog)
1 hr 1 min
February 21, 2025 $2,052 for 5 Weeks in Southeast Asia (Justin’s 1-Month Recap)
Today we bring you our first episode since Justin hit the road on his six-month journey across Asia and Europe.
Luckily, Justin loves documenting the numbers so you'll get the most in-depth breakdown of expenses you could hope for.
Listen in to see how he's living it up in paradise for $55/day.
That number includes accommodation, restaurants, groceries, gyms, activities, government fees, random purchases...literally everything.
Here's a high-level breakdown for Justin's half of the first 37 days expenses:
Transportation: $305
Accommodation: $590
Activities: $838
Restaurants: $134
Groceries: $82
Gov Fees: $32
Misc: $20
Gym: $51
That's only $2k for 37 days!
Some highlight activities include:
4 day/3 night island hopping tour
Mount Batur sunrise jeep excursion
10-hour private driver tour
So many beaches and waterfalls
Three separate hour-plus massages
Three additional days of boat tours in the Phillippines
and more
Want all the data?
Check out Justin's detailed spreadsheet
We hope you enjoyed this in-depth check-in and look forward to periodically bringing you these over the next few months.
If you found value in the episode, please share it with a friend!
Links from The Episode
Traveling the World for $46/day
Justin's Detailed Trip Expenses
Justin's Substack (to follow along with his travels)
YouTube Interview
https://youtu.be/39w8PfTLmcg
Join the Community
We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community!
Grab the Ultimate FI Spreadsheet
Join our Facebook Group
Leave us a voicemail
Send an email to contact [at] TheFIshow [dot] com
If you like what you hear, please subscribe and leave a rating/review!
>> You can do that by clicking here <<
Learn More About Your Hosts
CodyDBerman.com (Cody’s Blog)
Saving-Sherpa (Justin’s blog)
52 min
February 10, 2025 Helping 1,000,000 People Invest in Real Estate | Dustin Heiner
Dustin Heiner returns to the show after a long 5 years to share what he's been up to since his last appearance (a lot!).
We discuss
His recent 355-unit apartment building and multiple hotel acquisitions
How he's built a podcasting network
His fast-growing real estate conference
His daily and weekly routine and how he balances work and life
What it really takes to build passive income
And so much more.
Dustin's goal is to help 1,000,000 people start investing in real estate, and he's already made huge progress.
If you enjoyed this episode, please share it with a friend!
Links from The Episode
REWBCon (Use code "Cody" for 10% off)
Dustin's Free Real Estate Investing Course
Dustin's Instagram
Dustin's YouTube
Master Passive Income
Dustin's First Appearance on The FI Show
YouTube Interview
https://youtu.be/5ok7JGOhVwE
Join the Community
We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community!
Grab the Ultimate FI Spreadsheet
Join our Facebook Group
Leave us a voicemail
Send an email to contact [at] TheFIshow [dot] com
If you like what you hear, please subscribe and leave a rating/review!
>> You can do that by clicking here <<
Learn More About Your Hosts
CodyDBerman.com (Cody’s Blog)
Saving-Sherpa (Justin’s blog)
42 min
January 01, 2025 2025 Goals and Updates (+ a Major Podcast Announcement)
Today we bring you our goals for 2025 along with some upcoming changes to the podcast.
Every year, we like to map out some of our goals and what we aim to accomplish.
We break these down into the following categories:
Money/Finance
Fitness
Family/Relationship
Other
Some examples of Cody's goals include:
Doubling down on what works for business and finance
Completing an Ironman
Cutting out bad relationships and doubling down on good ones
Completing the build for his "forever" home
Some of Justin's Goals include:
Running a sub-22-min 5k and completing a half-marathon
Simplifying the investment account sprawl
Coming away from his trip with a short list of slow travel locations
Writing more
In the episode, you'll get the full breakdown of all the goals and why some of these are the focus for 2025.
We hope you enjoyed this goal-setting episode and are inspired to make some big moves in 2025.
If you found value in the episode, please share it with a friend!
Links from The Episode
Traveling the World for $46/day
2023 Recap and 2024 Goals
Join the Community
We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community!
Grab the Ultimate FI Spreadsheet
Join our Facebook Group
Leave us a voicemail
Send an email to contact [at] TheFIshow [dot] com
If you like what you hear, please subscribe and leave a rating/review!
>> You can do that by clicking here <<
Learn More About Your Hosts
CodyDBerman.com (Cody’s Blog)
Saving-Sherpa (Justin’s blog)
38 min
December 25, 2024 12 Money Lessons (Christmas Special)
Today we bring you a Christmas special of sorts.
The 12 money lessons as a play on the 12 days of Christmas.
These are some of the most foundational takeaways we've realized during our financial journey.
We truly believe if you master these lessons, you'll have a clear path to hitting your money goals.
12 Money Lessons We Cover:
Retirement is a number, not an age
4% rule or cash flow method
Your first investment should be in yourself
$10K toward self-betterment will likely go a lot further than it will in the S&P or RE at the beginning of your journey
Compound interest is insane
Investing $500 a month from 25 - 45 and then stopping will give you ~$1M in retirement at 65. Investing $1,000 a month from 45-65 will give you only $500,000. Start Early.
The 80/20 of spending
Focusing on the “big 3” (housing, transportation, food) will do way more for you than penny-pinching in other categories
There’s no “right way” to reach financial independence
If someone tells you the X is the only way, they’re lying or trying to sell you something. Can be done via index funds, RE, corporate job, digital products, etc.
Action > Information
You will learn way more by actually doing the thing, than reading books, listening to podcasts, or watching YouTube videos about it.
Now is not a bad time to start
Almost anytime you look back 4 years at investing you’ll wish you would have bought even more which is just a sure sign that if you feel like you need to wait to invest, you’re probably wrong
Do the experience
You’ll probably never regret the money spent on a memorable activity with friends and family
It’s not about the money
Yes, you’ll need to focus on money for a while and build up a nest egg but it the end the money is just a tool to give you the freedom to focus on the things you really care about, it’s not about lavishness or material obsession. Saving up a ton of money doesn’t make you a greedy person
Don’t make a plan, make a contract
Investing will have turbulence and that’s when people are most likely to make bad decisions. This happens when we let our emotions get involved. Instead of making a general plan, make some hard contractual-type promises with yourself so that when times get tough, you don’t even consider making rash decisions
You’ll adjust to anything
This can be an advantage or disadvantage. The advantage is that you can live a lifestyle very different to others and find that you can still reach a very high level of happiness. The disadvantage comes when we have lifestyle inflation and our spending keeps increasing but the novelty wears off and we don’t feel any different but our spending has increased dramatically
You can’t know where to go, if you don’t know where you are
Getting an accurate state of your finances and spending is critical. You don’t have to fixate on creating a budget right away but definitely track your spending with extreme accuracy for a few months so you have real data to work with
It’s not about how much you make, it’s about how much you keep (there are people making $200k living paycheck to paycheck, and people making $50k saving 50%)
Be informed
I try not to tell people what they can and can’t spend money on, just do the math to understand what the decision you’re making now means for your future self. Get comfortable with some basic spreadsheet math and project out things, compare options, just take a pause and do some calculations
We hope you enjoyed this special episode and these lessons for your financial journey.
If you found value in the episode, please share it with a friend!
Join the Community
We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community!
Grab the Ultimate FI Spreadsheet
Join our Facebook Group
Leave us a voicemail
Send an email to contact [at] TheFIshow [dot] com
If you like what you hear, please subscribe and leave a rating/review!
>> You can do that by clicking here <<
Learn More About Your Hosts
CodyDBerman.com (Cody’s Blog)
Saving-Sherpa (Justin’s blog)
35 min
December 18, 2024 Finding Purpose and Meaning | Doc G
Jordan Grumet aka Doc G brings his brilliant insights to help listeners find answers to one of the hardest questions we battle with, what is our purpose?
That gets broken down in this episode and his upcoming book, The Purpose Code.
He has a history as a physician which brings amazing perspectives, especially from his time as a hospice doctor.
Jordan recounts his life lessons to explain how to find purpose and shed the anxiety that normally comes with that search.
He also breaks down the difference between regret and disappointment.
Jordan does a phenomenal job of incorporating exercises at the end of each chapter to put what you read into practice.
The book and discussion don't just stop with your life but also discuss how to leave a lasting legacy for others.
There's no doubt that Jordan has some of the most thoughtful and insightful conversations anywhere in the personal finance space.
If you enjoyed this episode, please share it with a friend!
Links from The Episode
The Purpose Code Book
Jordan's Website
Earn and Invest Podcast
Jordan's First Episode on The FI Show
YouTube Interview
https://youtu.be/DunvVz_JdTc
Join the Community
We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community!
Grab the Ultimate FI Spreadsheet
Join our Facebook Group
Leave us a voicemail
Send an email to contact [at] TheFIshow [dot] com
If you like what you hear, please subscribe and leave a rating/review!
>> You can do that by clicking here <<
Learn More About Your Hosts
CodyDBerman.com (Cody’s Blog)
Saving-Sherpa (Justin’s blog)
54 min

About The Financial Independence Show

From the publisher's feed

Cody Berman and Justin Taylor believe in the concept of “Financial Independence For All”. The Financial Independence Show focuses on REAL stories of individuals on their journey to financial…