92: An Introduction to Financial Independence with Chris Mamula, Brad Barrett and Jonathan Mendonsa

92: An Introduction to Financial Independence with Chris Mamula, Brad Barrett and Jonathan Mendonsa

Personal finance is easy, right? You read a blog or listen to a podcast and just follow everything they did. Easy, Peasy, Lemon Squeezy. Except that’s not how the world works. What brought success to one person may bring misery - and ultimately failure - to someone else. Personal Finance is P-E-R-S-O-N-A-L! Of course that said, there are some general principles that apply to everyone: Spend less than you earn Invest wisely Increase your income Track your spending Be money conscious Chris Mamula, Brad Barrett and Jonathan Mendonsa are the authors of ChooseFI: Your Blueprint to Financial Independence, a new book for ChooseFI Publishing. They join us today to share the basics of Financial Independence, and to remind us that Financial Freedom is available for everyone. Topics: What their book is all about The framework they applied to the concept of financial independence Deconstructing rules and create new mindset Things they questioned that started to fall apart How to frame the conversation to attract and get more people interested on financial independence The concept of spending less money Principles on how to cut your expenses Learn the rules of money and math How to earn more income How they approach on investing The final step towards financial independence And SO much more! Links: Mr. Money Mustache Mad Fientist YNAB Mint Frugalwoods BiggerPockets Money Podcast 10: Designing a Frugal But Luxurious FI Life by Age 32 with Liz Thames BiggerPockets Money Podcast 86: Choosing the Right Investment Type for Your Goals with David Stein Budgets Are Sexy Twitter - Dad Jokes Scott's Instagram ChooseFI ChooseFI Podcast Eat The Financial Elephant Can I Retire Yet? Learn more about your ad choices. Visit megaphone.fm/adchoices

Episoder(745)

Does Money Buy Happiness? What the FIRE Community Gets Wrong

Does Money Buy Happiness? What the FIRE Community Gets Wrong

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Will 2026 Healthcare Costs Destroy Financial Independence for Millions?

Will 2026 Healthcare Costs Destroy Financial Independence for Millions?

Will 2026 healthcare costs destroy your FIRE plan? Enhanced ACA tax credits expire in 2026—meaning health insurance premiums could DOUBLE or TRIPLE overnight. This healthcare subsidy cliff threatens m...

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Proof You Don't Need a High Salary for FIRE (Teacher Retires at 50)

Think you need a six-figure salary to retire early? Think again. Middle school teacher Andrew Luman is achieving financial independence and retiring at 50—all on a teacher's salary. In this episode of...

21 Nov 202551min

Stay on Track to FIRE With These Money Moves Before 2026

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Time's running out on 2025, and there are critical financial moves you need to make before December 31st. In this episode of the BiggerPockets Money podcast, Mindy and Scott walk you through the essen...

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Should You Pay Off Your Mortgage or Invest? (Best Choice for FIRE)

Should You Pay Off Your Mortgage or Invest? (Best Choice for FIRE)

Pay off your mortgage or invest? If you're pursuing FIRE, you've wrestled with this question. A paid-off house means thousands extra in your pocket each month and a lower FIRE number. But investing th...

14 Nov 202531min

How to Build a Tax-Efficient Portfolio (Advanced Strategies)

How to Build a Tax-Efficient Portfolio (Advanced Strategies)

Most people think index funds are the only path to financial independence—and they'll get you there in 15-20 years. But what if you could get there faster? In this episode, Mindy Jensen and Scott Tre...

11 Nov 202546min

How Can Paul Fast Track to FIRE by 45? ($1.6M Net Worth)

How Can Paul Fast Track to FIRE by 45? ($1.6M Net Worth)

Paul has a $1.6 million net worth at 40 years old—impressive by any standard—but he's stuck wondering: Can I retire in the next 5-6 years? In this episode of BiggerPockets Money, Paul shares his jour...

7 Nov 202550min

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How to Avoid (or Escape) the Middle-Class Trap and Retire Early

You're doing everything right—buying a house, maxing out your 401(k), investing in real estate—but what if these "smart" money moves are actually trapping you in your job? It's the paradox plaguing th...

4 Nov 202539min

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