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Enjoying the Journey to FI in an RV | Joe Jimenez

Enjoying the Journey to FI in an RV | Joe Jimenez

FromFire Drill


Enjoying the Journey to FI in an RV | Joe Jimenez

FromFire Drill

ratings:
Length:
27 minutes
Released:
Dec 12, 2018
Format:
Podcast episode

Description

Tired of spending money on rent? How about living in an RV!



Joe and his wife have lived in an RV for over 4 years now and are loving every minute of it.  They have also been working towards their path to FI, continuously accumulating FU money and allowing them to go travelling, to survive a lay off and for Joe's wife to start her own business.



You'll love how inspiring his story is.



We also chat about...



Building FU moneyLiving in an RV for over 4 yearsJoe's layoffHis future FI goalsThe struggle of not knowing when to quit



Enjoy this chat with Joe, and please subscribe to us in iTunes if you enjoyed it!







Show notes and links from today's episode



OnTrajectory toolJoe on Instagram and TwitterBook: The Girl of the Sea of CortezBook: Stuck on an island Book: Sailing the Golden Sea 



Key takeaways from our chat with Joe



1 - The path to FI has its advantages



Thanks to having FU money, Joe was able to survive his lay off even though his wife's business wasn't really making an income yet. He took advantage of his time off to go travelling and help his wife with her business. They had been saving for a few years and this allowed Joe to have more options - even though the lay off came as a surprise! This goes to show how FI is really not just about the number, but really about the journey.



2 - It's all about having your finances in order



Joe tells us that companies need to make a profit, and sometimes that means letting employees go - there's not much you can do about it. The only thing you can do is have your finances in order and be ready if something happens. He says this FI lifestyle will give you the flexibility to do whatever works best for you, without having to depend too much on external circumstances.



3 - The 'one more year' struggle



Joe could quit his job now if he wanted to and would essentially be Lean FIRE. However, he explains that he is comfortable at his job and is enjoying what he's doing at the moment, and so would rather continue working and accumulate more money just. He talks about how difficult it is leave your comfort zone and quit your job. All this into account, his job gives him a lot of flexibility and allows him to travel and achieve his dreams of hiking and exploring. Once again, if you're enjoying the journey, there's no rush to reach FI sooner ?



Questions? Like or dislike? Leave us a comment!



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Released:
Dec 12, 2018
Format:
Podcast episode

Titles in the series (97)

Join host Julie Berninger on FIRE Drill podcast where she interviews guests with epic side hustles, real estate investors, early retirees, online business owners, and other inspiring people rocking financial independence. All things Early Retirement are broken down into simple, actionable steps for the average person. Step up your money game and renew your money philosophy with Fire Drill podcast.