Episode 10- (Part I) Durham NC Teacher Shares His Amazing Journey To Financial Independence
04/18/21 • 50 min
In our first ever two-part interview, we get a chance to chat with Chad about financial independence from the view of an educator. Chad is a Durham NC history teacher who moved from NYC to the Research Triangle almost 20 years ago. Chad and his wife are both HS teachers in NC and have two children in NC public schools. This is a can't miss episode as Chad details his journey from growing up in a one-bedroom apartment on government assistance to projecting his net worth to be multi-millions at 60. Even with four people in the household and living in a HCOL area, Chad and his wife live off of one of their teacher salaries and invest the rest.
Part II of Chad's interview will be released next week and will be specifically on investing.
In our first ever two-part interview, we get a chance to chat with Chad about financial independence from the view of an educator. Chad is a Durham NC history teacher who moved from NYC to the Research Triangle almost 20 years ago. Chad and his wife are both HS teachers in NC and have two children in NC public schools. This is a can't miss episode as Chad details his journey from growing up in a one-bedroom apartment on government assistance to projecting his net worth to be multi-millions at 60. Even with four people in the household and living in a HCOL area, Chad and his wife live off of one of their teacher salaries and invest the rest.
Part II of Chad's interview will be released next week and will be specifically on investing.
Previous Episode
Episode 9-Author/Teacher/Financial Literacy Advocate, Rob Phelan (MD) joins us to discuss all things personal finance
In episode nine, Rob Phelan joins us to share his wealth of knowledge on financial independence. Not only does Rob share details of his personal journey to FI, he also discusses how educators can spread the word to their students and set them up for a better financial future. Rob is a math/personal finance teacher in Maryland, he is also a coach, author and business owner. Thanks for listening!
You can find Rob and his many ventures below...
- ChooseFI Foundation (www.choosefifoundation.org)
- The Simple StartUp (www.thesimplestartup.com)
Next Episode
Episode 11- (Part II) Durham NC Teacher-Basics of Investing
Chad is a Durham NC history teacher who moved from NYC to the Research Triangle almost 20 years ago. Chad and his wife are both HS teachers in NC and have two children in NC public schools. This is the follow up to the can't miss episode as Chad details his journey from growing up in a one-bedroom apartment on government assistance to projecting his net worth to be multi-millions at 60. In part II, we cover the basics of investing.
- Rule of 72
- Rate of return
- Types of Retirement Accounts
- Roth vs. 457
- Index Funds
- Investing Platforms
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