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105 | You can Afford Anything but not Everything | Paula Pant

105 | You can Afford Anything but not Everything | Paula Pant

FromChooseFI


105 | You can Afford Anything but not Everything | Paula Pant

FromChooseFI

ratings:
Length:
70 minutes
Released:
Dec 10, 2018
Format:
Podcast episode

Description

105 | Paula Pant, creator of Afford Anything podcast and blog, dives into her love for travel, her rejection of the traditional 9-5, and how she built an income to match her lifestyle. Paula moved to the U.S. as a baby, just after being born in Nepal. Her only travel growing up was between Ohio and Nepal. Travel has become a large part of Paula’s life, but her desire to travel only grew in her adult life. Rebellion is a form of seeking identity. Once Paula started traveling did she fall in love with travel immediately? What does Paula consider a legitimate visit to a foreign country? Two weeks of vacation in Paula’s first few years of work after college felt too limiting. Paula made a lifestyle change, and then figured out how to fund it. Learning about and trying out freelance work introduced Paula to the idea that someone could work outside of the traditional 9-5 work. Did Paula receive criticism when she quit her job to travel? When Paula traveled for her first few years, she budgeted about $1,000 a month for expenses and chose to visit countries where the dollar goes far. Paula’s tips for building connection while traveling: Stay at hostels – more economical, and more social. Meet the American, Australian, British, etc., ex pats, and meet their friends (build relationships, and travel slowly). How did Paula restart once she returned to the U.S. after her 27-month adventure? In pursuit of writing what she wanted to read, Paula became a personal finance writer. When did Paula begin to feel imposter syndrome? Default to saving, instead of default to spending. Why does spending money create anxiety for Paula, and how did the scarcity mindset actually push Paula toward financial independence? Passive income (real estate) was primarily meant to give Paula some financial cushion, instead of a means to financial independence. Humans crave autonomy, purpose and mastery. Reading about potential scientific advances motivates Paula to be healthier because she wants to be around to see it. Self-care is work care.   For more information, visit the show notes at https://ChooseFI.com/105 
Released:
Dec 10, 2018
Format:
Podcast episode

Titles in the series (100)

Jonathan & Brad explore the world of Financial Independence. They discuss reducing expenses, crushing debt, building passive income streams through online businesses and real estate. How to pay off debt, Crush your grocery bill and travel the world for free. Every episode is packed with content and actionable tips and no topic is too big or small as long as it speeds up the process of reaching financial independence.