FI Minded: Achieve Financial Independence & Have Fun Doing It

Work Optionality: A Different Way to Imagine at FIRE | E143 Rachael Camp


Listen Later

Work optionality is the idea that you work because you want to, not because you have to. As you’re listening to this in your 20s, this concept might seem like a pipe dream. That’s truly fair. Most of us don’t have this luxury. We are building wealth, along with just paying our bills, and it takes income to do that.

But this idea might not be as far away as you think. Regardless of your timeline, as your wealth grows even before you hit financial independence, I think you should be itching closer to a life designed by you, not your employer or clients.


This might include changing your hours, taking more time off work, participating in mini-retirements, pivoting careers, or starting a business.


This is an idea that Rachael Camp, Founder of Camp Wealth, is routinely discussing both online and with her clients. And I asked her to come on the podcast to do the same. Rachael is a financial planner who helps young professionals maximize their money for financial freedom. She has also redesigned her life over the last few years and she told me it feels way more aligned.


In this episode, we break down the nuance between traditional FIRE and work optionality. Rachael shares steps you can take to start progressing towards a work-optional life and she shares questions to ask yourself to uncover what that life would truly look like. Also at the end of the episode, I ask Rachael to break down some of her most popular tweets from the last month.


This is a really fun, wide-ranging conversation and you can probably tell, I had a lot of blast getting to know Rachael.


So if you’re ready to do the same, let’s get into it. I hope you enjoy my conversation with the former Hoosier turned Denverites…Rachael Camp.


Key Takeaways:

  • The difference between traditional FIRE and work optionality
  • Important questions to ask yourself to get closer to your ideal life
  • Rules to help you spend more
  • Why you should take more risks in your 20s
  • How to make a plan for your money


More of Rachael:

YouTube: https://www.youtube.com/@CampWealth/videos

Website: https://www.rachaelcampwealth.com/


More of The Struggle is Real:

Find show notes and more at https://www.tsirpodcast.com/

Follow us on Instagram at https://www.instagram.com/tsirpod/

...more
View all episodesView all episodes
Download on the App Store

FI Minded: Achieve Financial Independence & Have Fun Doing ItBy Justin Peters

  • 5
  • 5
  • 5
  • 5
  • 5

5

99 ratings


More shows like FI Minded: Achieve Financial Independence & Have Fun Doing It

View all
Afford Anything by Paula Pant | Cumulus Podcast Network

Afford Anything

3,548 Listeners

Money Guy Show by Brian Preston and Bo Hanson

Money Guy Show

3,209 Listeners

The Stacking Benjamins Show by StackingBenjamins.com | Cumulus Podcast Network

The Stacking Benjamins Show

1,986 Listeners

Marriage Kids and Money: Personal Finance for Families by Andy Hill

Marriage Kids and Money: Personal Finance for Families

598 Listeners

ChooseFI by ChooseFI

ChooseFI

5,128 Listeners

Millionaires Unveiled by Jace Mattinson, CPA

Millionaires Unveiled

898 Listeners

The Financial Samurai Podcast by Sam Dogen: Financial Samurai founder, personal finance blogger

The Financial Samurai Podcast

548 Listeners

BiggerPockets Money Podcast by BiggerPockets

BiggerPockets Money Podcast

3,084 Listeners

Earn & Invest by Jordan Grumet (Doc G)

Earn & Invest

435 Listeners

The Personal Finance Podcast by Andrew Giancola

The Personal Finance Podcast

1,406 Listeners

Risk Parity Radio by Frank Vasquez

Risk Parity Radio

265 Listeners

Personal Finance for Long-Term Investors - The Best Interest by Jesse Cramer

Personal Finance for Long-Term Investors - The Best Interest

124 Listeners

Two Sides of FI by Jason and Eric

Two Sides of FI

439 Listeners

Mile High FI Podcast by Doug Cunnington & Carl Jensen

Mile High FI Podcast

202 Listeners

Catching Up to FI by Bill Yount & Jackie Cummings Koski

Catching Up to FI

344 Listeners