ChooseFI | Financial Independence Podcast5 Jan 2018

056R | Choose FI Nation

You can't set and forget your net worth — unless you're tracking it quarterly, you'll never spot where your money is actually leaking. The first Friday Roundup of 2018 covers listener questions on net worth tracking, using HSAs for travel reward minimum spends, maximizing the Southwest Companion Pass, and leveraging community support to grow side businesses. Brad and Jonathan share updates on their collaboration with Alan and Talis, plus highlight why "burning the boats" on financial goals forces real commitment. Key Topics Discussed 00:00:00 - Introduction Introduction to the episode and what listeners can expect. 00:05:00 - Community Engagement Community support in financial independence. Reflection on how the community has come together to improve week by week. 00:12:00 - Tracking Your Net Worth Why tracking your net worth is crucial ("What doesn't get tracked can't get improved on"). Tips for maintaining records of financial progress. 00:34:00 - Travel Rewards with HSA Utilizing Health Savings Accounts (HSAs) to meet minimum spending requirements for travel rewards. 00:36:00 - Southwest Companion Pass Explained Explanation of the Southwest Companion Pass as a tool for maximizing travel rewards. Steps on how to obtain the Companion Pass and its benefits. 00:42:00 - Voicemail Insights Listener voicemails sharing personal experiences and tips related to financial independence and business growth. 00:56:00 - Conclusion Encouragement to leave reviews and participate in the community discussions. Key Quotes "What doesn't get tracked can't get improved on." [00:12:31] "People made mistakes with money. We just try to get a little better every day." [00:04:18] "You're all in, there's no going back. We burnt the boats." [00:07:30] "It's about creating evergreen content that helps you where you are." [00:06:37] Related Resources Personal Capital [00:57:36] Southwest Travel Rewards [00:36:40]

Det här avsnittet är hämtat från ett öppet RSS-flöde och publiceras inte av Podme. Det kan innehålla reklam.

Avsnitt(680)

607 | Other Mountains I Want to Climb | Diania Merriam

Reaching financial independence is supposed to be the goal—but what if you get there and realize the real skill isn't earning or saving, but learning to spend? And what if the metric for business succ...

13 Juli 1h 21min

606 | Deep Dive: Target-Date Retirement and Bond Funds | Cody Garrett

Most investors think they're buying the same thing when they choose a target date fund—but two people who bought 2025 target date funds 15 years ago could have 40% different returns today. Same target...

6 Juli 1h 8min

605 | Retire in Less Than 10 Years

At 21, Cody Berman appeared on ChooseFI as a college student discovering financial independence. Three years later, he retired at 26. Now 30 with a $5 million net worth, he's back to reveal exactly ho...

29 Juni 1h 7min

604 | Getting Personal With Personal Finance: Bill Yount

Bill Yount reached financial independence at 60—then froze. His financial advisor confirmed 100% security, yet instead of relief, he felt disoriented fog. The emergency medicine physician who transfor...

22 Juni 1h

603 | Crash Proof: The Science Of Stock Market Resilience | Brian Feroldi

The stock market crashes about once every three years—at least a 20% drop. Most investors panic and sell. But if you understood why markets always recover, you'd do the opposite. Brian Feroldi reveals...

15 Juni 51min

602 | FI 201 Beyond FI Basics: Asset Allocation & Market Psychology Mastery

Most investors lose to the market because they're trying to pick winners in a game where only 4% of stocks have created 100% of market wealth over the past century. The math isn't in your favor—but th...

8 Juni 1h 1min

601 | Travel Rewards 101 | Devon Gimbel from Point Me to First Class

Devon Gimbel just booked over $250,000 in travel last year using credit card points—but she's the first to tell you award travel isn't "free." It's a strategy for 10x-ing your existing travel budget b...

1 Juni 1h 17min

600 | FI 101: Teaching Financial Independence to Your Community

A dead local meetup group attracted just 5 people to its first gathering at a brewery. Two years later, that same group draws 70+ attendees to structured educational sessions, with newcomers driving a...

25 Maj 1h 13min