Well I didn't actually. Jonathan Mendonsa, Brad Barrett, Chris Mamula, thank you so much for joining me on Your Money, Your Wealth®. Thanks Kevin! My wife is my companion and and we have a lap carrier infant as well (the baby has flown 4 times for free and she’s only 9 months old) We just show up at the airport with the Birth Certificate, and they add the baby to my wife’s ticket. Thanks for subscribing! If you prefer to watch our episodes instead of just listening, check out our YouTube page! He found a new direction in his life volunteering as a financial coach for first responders and veterans, and was one among the first ChooseFI community members in 2017. You still need something. From his own experience, Jonathan is passionate about the pursuit of financial independence and its power to change lives. When they first joined the FIRE movement, Scott says he and his wife were out to see how far they could push their savings rate. He wasn’t motivated by passion or calling. Genius! 6 Best Banks to Refinance and Consolidate Student Loans in 2018, How to Access Retirement Funds Early – Mad Fientist, Privacy, Cookie, and Affiliate Disclaimer Policy, His $168,000 student debt pay down journey, How he built his FIRE-inspiring small business. The remodel would wipe out most of their liquid assets. The main themes covered by the ChooseFI network are personal finance and intentional living, with the goal of helping you earn more, spend less, and enjoy the journey towards FI. Mendonsa fell and had a seizure at the assisted living facility in Middletown, R.I., where he lived with his wife of 70 years, his daughter, Sharon Molleur, told The Providence Journal. He enjoys travel rewards, coffee, and board games and calls himself a “reluctant frugalist” and not a natural saver. It proved a great experience. 103 | Tinian Crawford, blogger at DIY2FI and licensed electrician, talks about his path to licensure, the advantages of trade jobs and his transition to pursuing financial independence. When Jonathan Mendonsa was 18, he researched which college degrees lead to the highest income. Full Disclosure: We may earn a commission if you click on our links and make a purchase, at no additional cost to you. (All 3 in unison): Thank you. Jonathan Mendonza, from Choose FI, stopped by the show to explain how to create space to execute a fully funded lifestyle change. He spent four years in college, followed by another four years of graduate school. The pursuit of financial independence is not binary 1 or 0. It has been crowdsourced from the world’s largest FI community as they share their own life hacks, such as how to pay off debt, crush your grocery bill and living expenses, and travel the world for free. Our community helps people discover and accelerate their path to Financial Independence. Even when I have days or weeks off, I feel that I always have a lot of different things that I could do. How To Graduate Debt Free. So I decided to completely leave my career. On today’s epic show, we speak with Brad Barrett and Jonathan Mendonsa from Choose FI.Brad and Jonathan share their pillars of financial independence — the 10 things you need to do in order to achieve FI. Dundee’s issue is that his home needs some remodelling to better suit his young family. He wanted to make money. His decision was purely tactical. A Mr Money Mustache approach to Passive Income, Real Estate Investing & Wealth Building ; Podcasts: 044 | Brandon Pearce | Into the Wind | File Type: audio/mpeg | Duration: 1:06:40 . Recently, Brad and Jonathan discussed the difference between a total stock market index fund and an S&P 500 index fund and how with a cap-weighted fund you a disproportionate amount of the largest companies. Our community helps people discover and accelerate their path to Financial Independence with the goal of earning more, spending less and enjoying the journey. How would your life change if you reached Financial Independence and got to the point where working is optional? However, I had an opportunity to team up with Brad Barrett and Jonathan Mendonsa of the Choose FI podcast to write the book Choose FI: Your Blueprint to Financial Independence. Similarly, I felt validated when Brad Barrett and Jonathan Mendonsa agreed to partner with me to create a book to outline the key principles to achieve FI quickly. Listen: 082 | A Wife’s Perspective | Laura And Dani by Brad Barrett and Jonathan Mendonsa of choosefi.com . We cover beginner-level topics such as frugality and index fund investing, but we also touch on more advanced topics like tax optimization and travel hacking. What jobs are represented in the FI community? We may have to find more expenses for the business or actually shut it down before we make too much for the year- such a crazy concept! Dundee’s issue is that his home needs some remodelling to better suit his young family. Our blog has helpful information from investing to cutting debt and earning money with a side hustle. Jonathan started his career as a pharmacist with $168,000 in student loans. Jonathan issues a challenge to start on the path to FI. Jonathan & Brad explore the tactics that the FI community uses to reclaim decades of their lives. The upside is that it would add more value to the home than it would cost – so their net worth would increase. All information is provided on an as-is basis. 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