One of my favorite financial writers, Morgan Housel, is on the Financial Independence Podcast today! I’m not the one conducting the interview this time though (all is explained in the episode). Morgan’s insight into how to handle uncertainty, market crashes, and this weird stock boom that we now find ourselves in is invaluable so hope you enjoy it!
Autor: MAD Fientist
It’s been four years since I left my full-time job and what a crazy year it’s been! To celebrate this anniversary and to recap the things I’ve learned during this last year of post-FI life (and the COVID market crash), I recorded a short podcast episode.
Bear markets are a normal part of investing but is this time different? As the coronavirus COVID-19 spreads around the world, governments are struggling to limit the economic impact of the disease. In today’s unplanned episode of the Financial Independence Podcast, JL Collins (author of The Simple Path to Wealth) joins me to talk about this stock-market crash, how it differs from previous crashes, and what you should do about it.
On today’s episode of the Financial Independence Podcast, I’m excited to introduce Scott Young! I first heard about Scott when he decided to complete MIT’s entire computer science curriculum in a year. Scott has taken on a lot of these types of impressive learning projects and he just wrote a great book about it – Ultralearning.
I can’t believe it but it’s already been three years since I left my full-time job! To commemorate this special anniversary and to recap the things I’ve learned during this last year of post-FI life (which happened to be the best one yet), I recorded a short podcast episode
Personal-finance icon Ramit Sethi from I Will Teach You to be Rich joins me for an episode of the Financial Independence Podcast! Ramit first published his New York Times best-selling book, I Will Teach You to be Rich, back in 2009 during the depths of the financial crisis. He just released the second version of the book today so we discuss how his advice has changed in the last decade.
On today’s episode of the Financial Independence Podcast, I’m very excited to introduce author Cal Newport! I’ve been a huge fan of Cal’s writing for many years so it was a treat to get to talk to him. We explore many important issues related to early retirement that aren’t often talked about so if you’re thinking about retiring early (or if you already have and are struggling to build the life that you envisioned before leaving work), today’s episode is a must-listen!
On today’s episode of the Financial Independence Podcast, my buddy Grant from Millennial Money joins me to talk about how he went from having $2.26 in the bank to $1.25 million in just 5 years, 3 months, and 6 days! We dive into the strategies and tactics he used but we also go deeper and discuss some of the unexpected challenges of FIRE.
It’s easy to think that early retirement will be the answer to all your problems. After all, how could you not be happy when you don’t have to work anymore? I’ve written about why early retirement is not a magic bullet but what if it actually makes your life worse? On today’s episode of the Financial Independence Podcast, I interview a reader named Tony who found this to be the case.
I made two big mistakes when I was pursuing financial independence… The first was I put off my happiness until I hit FI. The second was I also put off my health. In today’s episode of the Financial Independence Podcast, I chat to my personal trainer, Doug from Monumental Strength.
A challenging aspect of early retirement is the loss of identity you may experience when leaving a career you’ve spent a big chunk of your life building. However, one of the most exciting parts of early retirement is that you have the time, money, and freedom to create a completely new identity! How do you do it though?
If you’ve been reading about financial independence for a while, you’ve likely seen that the topic is getting more popular lately. Although FIRE (Financial Independence / Retire Early) is far bigger than it was when I created this site in 2012, it’s still nowhere near mainstream. That may change though…
It’s insane to me that it’s already been two years since I left my full-time job as a software developer. To commemorate this special anniversary, I decided to release two podcast episodes…
Chad Carson from CoachCarson.com joins me again on the Financial Independence Podcast to talk about the various strategies you can use to Retire Early with Real Estate!
On today’s episode of the Financial Independence Podcast, I’m joined by the president of biggerpockets.com and cohost of the BiggerPockets Money Show, Scott Trench! Scott breaks down the journey to financial independence into three stages and explains what you need to focus on at each step (and why)!
My good friend Marla Taner joined me on the Financial Independence Podcast to go deep into some early-retirement topics that aren’t often discussed. Marla and I met in 2014 at Camp Mustache and we’ve had a lot of fun (and sometimes heavy) conversations over the years so I thought it’d be great to record one for the podcast!
Last August, I was down in England with Vicki Robin (author of Your Money or Your Life) for the FI Chautauqua. We were chatting about the new version of the book she was working on (which is out now!) and she mentioned that she created a game called “Money Talks” to go along with the new edition.
Today on the Financial Independence Podcast, I welcome back Liz Thames (a.k.a. Mrs. Frugalwoods)! Liz was last on the show over two years ago and a lot has changed. Since then, she’s made her dream of retiring to a homestead in Vermont a reality, she’s had two babies, and she’s just published a book!
On today’s episode of the Financial Independence Podcast, I interview my little brother while drinking wine next to a canal in Venice!
On today’s episode of the Financial Independence Podcast, I interview a serial entrepreneur who has achieved financial independence three different ways! You’d think that selling a company to Google or buying San Francisco real estate before prices went crazy would be the best way to reach financial independence but that’s not been the case for today’s guest, Chris Hutchins from Grove.
t’s been a while since I posted a new Financial Independence Podcast episode but I’m excited to share one with you today! Mr. and Mrs. 1500 from 1500Days.com joined me live at FinCon in Dallas to interview the Physician on FIRE!
One of the internet’s most-respected retirement researchers and financial planners, Michael Kitces, joins me for an episode of the Financial Independence Podcast! You may remember that my Safe Withdrawal Rate post drew heavily from the incredible research Kitces has done on the topic so it was great to talk to him directly to dive even deeper into important topics related to early retirement.
On today’s episode of the Financial Independence Podcast, Jeff from The Happy Philosopher joins me to discuss the unique challenges that doctors and other professionals face on the journey to early retirement. When you invest so much time, money, and energy into your career, it’s no wonder that walking away from your job is much more difficult.
On today’s episode of the Financial Independence Podcast, I had the pleasure of speaking with Steve from ThinkSaveRetire.com! Steve initially planned to retire at the age of 40 but after making some drastic lifestyle changes, he ended up walking away from his job at 35.
I can’t believe it… One of the founders of the financial independence movement, Vicki Robin, joined me for an episode of the Financial Independence Podcast! Vicki and her partner Joe Dominguez wrote the book, Your Money or Your Life – a New York Times Best Seller that many people consider to be the bible of financial independence (the FI-ble?).
Later this year, at the ages of 38 and 41, the couple behind OurNextLife.com will be quitting the stressful, time-consuming jobs that they’ve held for most of their adult lives and will be retiring to a life in the mountains. This is particularly interesting to me because one of my dreams is to live on the side of the mountain and get a part-time ski patrol job. Because really, what could be better than waking up early after a big snowfall, grabbing a cup of coffee with your buddies, then strapping on your skis and heading up the mountain to throw bombs and trigger avalanches?
After delivering an epic guest post on the tax advantages of investing in real estate, I asked Chad Carson from CoachCarson.com to join me on the podcast to hear more about his own experiences with real estate investing. Chad started with only $1,000 in the bank and was able to build up a real estate empire that now consists of over 90 units!
On today’s episode of the Financial Independence Podcast, Gwen from Fiery Millennials and Julie from Millennial Boss join me to talk about millennial finances and what young people should do to reach financial independence as quickly as possible!
On today’s episode of the Financial Independence Podcast, I interview my wife, Jill! It took a lot of persuading to get her on the show but I’m glad she agreed because her perspective is very different from mine so it was interesting to hear her thoughts on financial independence, early retirement, and this unconventional life we lead!
Joining me on today’s episode of the Financial Independence Podcast are FIRECracker (Kristy) and Wanderer (Bryce) from Millennial Revolution! Kristy and Bryce exploded onto the scene after a video clip of them attacking the religion of homeownership went viral (it is now the most-viewed and most-shared video on CBC.ca, Canada’s largest news website).
I just returned from a fantastic week at the annual Chautauqua event in Ecuador. This was my second Chautauqua and just like last year, it exceeded all expectations. It’s amazing what can happen when you put a bunch of interesting, intelligent people in a gorgeous 17th century hacienda (located at the foot of an extinct volcano) for a week.
Want to know how two teachers were able to go from $0 net worth to retired in just 5 years? On today’s episode of the Financial Independence Podcast, Ali and Joe (a.k.a. Arebelspy) from Adventuring Along join me to talk about how investing in real estate supercharged their progress to early retirement
My podcast was hijacked! During this year’s financial blogger conference (a.k.a. FinCon) in San Diego, Mr. and Mrs. 1500 from 1500days.com took control of the Financial Independence Podcast and put me on the hot seat (a very hot seat, indeed)!
Today on the Financial Independence Podcast, Doug Nordman (a.k.a. Nords) from The Military Guide joins me to talk about how he achieved financial independence at the age of 41 by serving in the military!
Today on the Financial Independence Podcast, I’m excited to share a live Q&A session with Mr. Money Mustache, Paula Pant from Afford Anything, and Doug Nordman from The Military Guide! This panel discussion took place back in May at Camp Mustache — an annual retreat in the Pacific Northwest organized by Mr. Money Mustache readers.
On today’s episode of the Financial Independence Podcast, founder and CEO of BiggerPockets.com, Joshua Dorkin, joins me to discuss real estate, entrepreneurship, and how he built one of the largest real-estate-investing communities on the internet. Joshua’s story is very inspiring because it shows that given enough time, hard work, and passion, you can create something that has the potential to help millions of people.
Today on the Financial Independence Podcast, Justin from RootofGood.com joins me to talk about how he and his wife were able to save over $1,000,000 in under a decade!
Today on the Financial Independence Podcast, my buddy JL Collins from jlcollinsnh.com joins me for his second appearance on the show to dive even deeper into the topic of investing! Jim was last on my podcast way back in 2012 and was my second guest ever. A lot has happened since then so it was great to chat with him about his acclaimed Stock Series and how his investment philosophy has changed over the last four years.
Today on the Financial Independence Podcast, popular YouTube vloggers Mike and Lauren from mikeandlauren.com stop by to talk about: why they decided to go to Costa Rica to have a baby, their plans to quit their jobs and travel full-time in an RV, how their YouTube channel is helping to fund it all. The thing that impresses me most about them is their ability to come up with exciting, unconventional ideas and then act on them (no matter how crazy they seem).
Today on the Financial Independence Podcast, Nick Loper from Side Hustle Nation joins me to talk about the importance of investing in yourself, why you should diversify your income streams, and how creating your own side hustles can help make your journey to financial independence shorter and more enjoyable!
Today’s Financial Independence Podcast show is two episodes for the price of one! Brad and Alexi from Travel Miles 101 joined me to talk about the power of travel hacking but since they both also write about financial independence on their personal finance blogs, Richmond Savers and Miles Dividend MD (respectively), we had a great discussion about investing and early retirement as well!
Today on the Financial Independence Podcast, I’m excited to have personal-finance icon, J. Money, on the show! J. Money is the creator of the popular sites Budgets are Sexy and Rockstar Finance and has recently started a new podcast with Paula Pant from Afford Anything called The M.O.N.E.Y. Podcast!
The original frugal weirdos – Mr. and Mrs. Frugalwoods – stop by for an episode of the Financial Independence Podcast to share their financial independence strategies and early retirement plans!
Todd Tresidder from Financial Mentor joined me for an episode of the Financial Independence Podcast to talk about active investing, finding happiness, and other important lessons learned during 15+ years of early retirement!
Mr. and Mrs. 1500 from 1500 Days joined me for the first live and in-person interview for the Financial Independence Podcast! Not only was the interview in person, it took place on a huge stage in the middle of the financial blogger conference in Charlotte, North Carolina so people were actually watching us
Ed Mills from MillionaireEducator.com joined me for an episode of the Financial Independence Podcast to talk about how he and his wife saved nearly a million dollars in just 16 years…on teachers’ salaries!
Justin Cooke from EmpireFlippers.com was kind enough to join me for an episode of the Financial Independence Podcast! Justin and his business partner created a marketplace for buying and selling online businesses so today I tap into Justin’s vast knowledge about both sides of online real estate transactions and take a behind-the-scenes look into the process of online business investing.
J.D. Roth, one of the most respected writers in the personal finance world, was kind enough to join me for an episode of the Financial Independence Podcast! In less than ten years, J.D. went from having $35,000 of consumer debt to becoming a self-made millionaire.
Billy Murphy from ForeverJobless.com is a successful entrepreneur and ex-professional poker player who joined me for an episode of the Financial Independence Podcast to share some of his business knowledge and talk about his experiences investing in internet businesses.
On today’s episode of the Financial Independence Podcast, I had the pleasure of speaking with Jeremy and Winnie from Go Curry Cracker! Jeremy and Winnie retired a few years ago, in their thirties, and have been traveling around Central America ever since.
In part two of the Radical Personal Finance podcast interview (click here for part one), we dive into some very powerful tax-avoidance strategies for future early retirees. It’s possible to achieve financial independence earlier in life, without having to decrease your spending, increase your income, or assume any additional risk, simply by using tax-advantaged retirement accounts in an intelligent way.
A couple of months ago, a guy named Joshua emailed me to ask if I’d be a guest on his new show – the Radical Personal Finance podcast. I agreed and we ended up having a very interesting two-hour conversation, which he published to his site.
Billy and Akaisha Kaderli from RetireEarlyLifestyle.com joined me for an episode of the Financial Independence Podcast to talk about their 20+ years of travel and early retirement. In 1991, Billy and Akaisha quit their jobs, moved to an island in the Caribbean, and have been traveling the world ever since.
Mike from LackingAmbition.com was kind enough to stop by for an episode of the Financial Independence Podcast! After working for just over three years, Mike was able to amass enough savings to purchase (with cash) three single-family houses. By living in one of the houses and renting out the other two, he now has enough rental income to completely cover his living expenses.
Paula from AffordAnything.com joined me for an episode of the Financial Independence Podcast to talk about how she’s investing in residential real estate to achieve early financial independence.
In this episode of the Financial Independence Podcast, I had the opportunity to speak with Shilpan from streetsmartfinance.org. Shilpan came to America with $20 in his pocket and was able to build a commercial real estate portfolio that is now worth over a million dollars. His story is incredibly inspiring and shows that if you are willing to put in the work, there really is no limit to what you can achieve.
In this session of Financial Independence Podcast, I had the pleasure of speaking with Jim Collins from jlcollinsnh.com. Jim accumulated enough money to retire over 20 years ago but rather than pack it in and call it quits, he instead used his “F-You” money to work on his terms.
Introducing…The Mad Fientist’s Financial Independence Podcast! In each episode, I pick the brains of some of the most respected fientists in the field to discover their strategies for reaching financial independence. For the first installment, I had the privilege to talk to the original Mustachian himself, Mr. Money Mustache!