How can you structure your finances so you can have more options and flexibility?
One path that’s helped many families is working towards financial independence. For many families, though, it seems like an unrealistic goal.
They assume that if they’re not making six-figures or if they have kids, they’re unable to achieve it.
What you might not be aware of is how practical the principles behind FI can be for you.
By applying the mindset, habits, and strategies you can not only improve your finances but give yourselves more opportunities to build your life around who and what matters to you.
That’s why I’m excited that today we have Brad Barrett, co-founder of ChooseFI.
Brad Barrett went from being a full-time CPA to retiring with complete financial independence by the age of 35.
Now, through ChooseFI, he’s empowering others to live more intentionally and get on the path towards financial independence!
In this episode we’re looking at:
- How to save on the three biggest expenses
- How to persuade your spouse to try to FI
- How to get to FI while still enjoying your journey
Let’s get started!
Resources to Get on the Path to Financial IndependenceAre you two serious about becoming financially independent?
Here are handy resources mentioned in the episode along with extra tools to help you optimize your money together!
- Best Budget and Money Apps: Personal Capital, Tiller, Mint
- Grow Your Stash Faster: High Yield Savings with CiT Bank
- Automatic Saving: Qapital
- Free 401(k) Analysis: blooom
- Jumpstart Your Marriage and Your Money
- The Secret Sauce to Financial Independence & Early Retirement
- Retire Early By Rethinking Your Priorities
- How One Couple Saved $85,000 in a Year!
- Getting Rich: from Zero to Hero in One Blog Post
- Seven Characteristics of The Millionaire Next Door
- How Can We Buy a House (and Still Pursue Financial Independence)?
- Frugal Foodie: Eating Well on a Budget
And if you want to discuss this more – ask questions, swap ideas, and maybe get a debt-free strategy set up – don’t forget to join us in the Thriving Families group on Facebook.
Our goal is to help one another out. Hope to see you there!
Thank You to Our Sponsor Coastal!Support for this podcast comes from Coastal Credit Union. If you’re living in the Raleigh Durham area and looking to bank better, come check out Coastal today!
We’ve been Coastal members for a few years have been happy with their services.
They want to help you achieve your biggest goals faster and as a team!
Support the Podcast!Thank you so much for listening to the podcast!
- Spread the word! If you enjoyed this episode and think it can help a buddy get on the path to dumping debt and become financially free, please share.
- Leave a review. Honest feedback and reviews make a big difference and gets the word out about the podcast. Leave your review on Apple or Stitcher.
- Grab a copy of Jumpstart Your Marriage and Your Money. My book is designed for a busy couple to set up their finances in 4 weeks. Get tips and tools that have worked for other couples on their journey of building their marriage and wealth together!
Like the music in this episode? Our theme song is by Gentle Regime. Additional music by Lee Rosevere.