Podcast Takeover: The FI Show - Employee vs. Entrepreneur

Podcast Takeover: The FI Show - Employee vs. Entrepreneur

Cody Berman and Justin Taylor, hosts of the FI Show, have both achieved financial independence but they've taken drastically different paths to get there.

Listen to this Podcast Takeover episode to hear the similarities and differences between an employee's path to FI (Justin's) and an entrepreneur's journey to FIRE (Cody's)!

Highlights

  • Live-in flip vs. house hacking
  • Sweet spot for buying used cars
  • Why focusing on fixed expenses is important
  • How to 5x your corporate income
  • The unlimited upside of entrepreneurship
  • How to get started investing if you're scared/nervous
  • Nest-egging vs. cash-flowing your way to financial independence
  • The benefits of a Solo-401(k) for entrepreneurs
  • Why the corporate world is great for certain types of people
  • Benefits and downsides of entrepreneurship
  • Why it's important to not keep up with the FI Joneses either

Show Links

Episoder(84)

Learning How to Spend Money (While Enjoying Every Dollar Spent)

Learning How to Spend Money (While Enjoying Every Dollar Spent)

After decades of saving/investing, it's hard to immediately flip a switch and go into spending mode. Spending is a skill that you should develop on your way to FI, so that you're better at it when the...

14 Nov 202528min

Valuable Lessons from My Eighth Year of Freedom

Valuable Lessons from My Eighth Year of Freedom

In 2021, I decided to stop doing annual updates. At that time, I thought I had FI figured out and was just living a "normal" life (so no need to talk about it anymore). Well, a lot has changed since t...

3 Sep 202419min

The Power of Quitting

The Power of Quitting

Saving up a bunch of money gives you power - power you can use to make your life better and your journey to financial independence quicker. The only way to take advantage of the power though is to use...

8 Jul 20246min

Happiness Through Subtraction

Happiness Through Subtraction

If you want to use money to make you happier, stop thinking about what you can buy with it. Instead, think about how you can use it to remove the things in your life that make you unhappy. Full Articl...

17 Jun 20247min

Bill Perkins - Memory Dividends, Time Buckets, and Maximizing Net Fulfillment

Bill Perkins - Memory Dividends, Time Buckets, and Maximizing Net Fulfillment

Out of all the episodes of the Financial Independence Podcast, this is the one I wish I heard when I was on my journey to financial independence. Bill Perkins, author of Die with Zero, joins Chris Hut...

2 Mai 20241h 37min

The Best Advice from JL Collins

The Best Advice from JL Collins

To celebrate the release of JL Collins' new book, Pathfinders, I collected all the best advice from his Financial Independence Podcast interviews! Jim has been on the show three times: First, ba...

5 Des 202339min

Parker Hewes - Your Money and Your Health

Parker Hewes - Your Money and Your Health

Health is similar to finances in that there are many overly-complex things people say you need to do, but there are just a few simple things that actually matter. What is the "spend less than you earn...

6 Nov 202322min

Jillian Johnsrud & Chad Carson - Small and Mighty Real Estate Investing

Jillian Johnsrud & Chad Carson - Small and Mighty Real Estate Investing

On today's episode of the Financial Independence Podcast, I welcome back Chad Carson from CoachCarson.com! Chad just released a new book, The Small and Mighty Real Estate Investor, and I wanted to get...

23 Aug 202349min

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