430 | Mindset, Financial Independence, and Real Estate | The FI Couple

03/27/23 • 53 min

1 Listener

In this episode: early financial conversations, what you truly value, house hacking, and the psychology of FI.

It can be scary to have to acknowledge the reality of your financial situation, especially if you feel you do not have the financial literacy to proceed with confidence. However, setbacks and failures can often be blessings in disguise. This week we are joined by The FI Couple to discuss the importance of perseverance and flexibility in the face of uncertainty, as well as the strength that can come from a united front. The journey to FI is deeply nuanced, and never perfect. While you may find yourself wanting to make your journey as optimal and expedited as you can, we know that life sometimes happens and your journey can be far from perfect. However, sometimes when we find ourselves at “rock bottom” and it seems like everything in our world is against us. Rather than feel defeated, allow the setbacks to act as momentum to charge ahead as you re-align and re-adjust!

The FI Couple:

Website: theficouple.com
Socials: @theficouple

Timestamps:

0:49 - Introduction/The Early Days
2:05 - Early Financial Conversations
11:03 - Discovering What You Truly Value
21:28 - Bouncing Back After A Layoff
26:06 - Entrepreneurship
30:10 - House Hacking
38:34 - The Off Market/Solving Problems
43:13 - The Single Family Home/The Psychology Of FI
48:29 - The Season Of Hustle
51:56 - Conclusion

Resources Mentioned In Today’s Episode:

More Helpful Links and Resources:

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
Keep learning or start a new side hustle with one of our educational courses
Commission-Free Investing with M1 Finance

In this episode: early financial conversations, what you truly value, house hacking, and the psychology of FI.

The FI Couple:

Website: theficouple.com
Socials: @theficouple

Timestamps:

0:49 - Introduction/The Early Days
2:05 - Early Financial Conversations
11:03 - Discovering What You Truly Value
21:28 - Bouncing Back After A Layoff
26:06 - Entrepreneurship
30:10 - House Hacking
38:34 - The Off Market/Solving Problems
43:13 - The Single Family Home/The Psychology Of FI
48:29 - The Season Of Hustle
51:56 - Conclusion

Resources Mentioned In Today’s Episode:

More Helpful Links and Resources:

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
Keep learning or start a new side hustle with one of our educational courses
Commission-Free Investing with M1 Finance

Previous Episode

429 | FI Frugal Hobbies | Chris Terrell

1 Recommendations

In this episode: finding your why, creating space, deprivation, board games, lesson learning, and decision making.

Whether you’re years into your FI journey or just beginning, evaluating your finances and spending, you may feel like you have to make some cuts into your favorite hobbies in order to reach your goal quicker. However, deprivation and cutting out the things that bring enjoyment into your life should never be the only option. This week we are joined by friend of the podcast Chris Terell to talk frugal hobbies, new experiences, and the parallels between strategies in board games and the strategies employed while on the journey to FI. While trying to optimize your experiences may mean changing hobbies and evolving, while doing so you may find new enjoyment, new communities, and values that come with these changes. Not everyone may have the same approach to a game, just as not everyone will have the same approach to achieving FI, but as long as you remember that being open to changes will allow you to not only optimize your experiences on that journey but optimize your FI.

Timestamps:

1:14 - Introduction
3:02 - FI And Pickleball
7:54 - Finding Your Why
12:50 - Happiness Is How You Fill Your Time
18:40 - It's Not About Deprivation
25:28 - Creating Space
35:46 - Strategy Board Games And Why They Are Great
45:54 - Strategy Boards Games, Decision Making, And Life
54:38 - The Top Four Concepts Of Strategy Board Games
72:58 - Starting Strategy Board Games
82:28 - Conclusion

Resources Mentioned In Today’s Episode:

More Helpful Links and Resources:

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
Keep learning or start a new side hustle with one of our educational courses
Commission-Free Investing with M1 Finance

Next Episode

431 | Evolution of FI | Mad Fientist

In this episode: forming habits, fulfilling goals, routines, the importance of health, restriction without deprivation, and working on life.

While beginning your FI journey means having goals and taking necessary steps to achieve them, it may seem like you have to approach your life with discipline and absolute structure when it comes to money matters. While setting yourself up for success on this journey does mean creating different habits in regards to spending or investing, these habits should never seem absolute or deprive you from enjoying your life. This week we are joined by the Mad Fi-entist to discuss the evolution and the necessary changes he has made while on the journey to FI, and the beauty found with having a routine and creating meaningful habits. FI is a journey that requires you to experiment and change as the journey progresses. Not only will you learn about yourself on this journey, but you will pick up and exchange old habits for new ones that better suit the life you want to be living. Remember that while discipline is necessary for this journey, that does not mean you can’t evolve and change up your routine for the better!

The Mad Fientist: