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ratings:
Length:
41 minutes
Released:
May 24, 2018
Format:
Podcast episode

Description

Visit www.chainofwealth.com to grow your wealth Scott is the creator of the blog I Dream of FIRE- a personal finance blog dedicated to his journey down the road of financial independence and early retirement. Scott has recently started a mini-retirement in April and is working on creating amazing content for his blog. Welcome! [3:20] So you are new to a mini-retirement, what has been your biggest adjustment? ·       Epic birthday this year [4:47] How do your days look now? ·       Breaking out of being a secret blogger [10:5] Were you nervous at all about quitting your job? ·       Started to feel stagnant about work ·       Felt ready for a change ·       Ran through numbers on the spreadsheet ·       Was not a quick decision ·       Wife said to just pick a date- settled on birthday [12:20] You are on a mini-retirement, does that mean you plan to go back to work at some point? ·       Means different things for everyone ·       Going to spend time looking to do something different ·       Not financially independent [15:24] So you tell about how you thought that you had a ton of money in your retirement fund, and then realized you didn’t. How did you turn that situation around? ·       Switched careers in 2013 ·       Shifted to higher education ·       2013 the market had recovered- but the money was not growing ·       Realized his needed to track his own money [18:24] What advice do you tell others to avoid being in that same situation? ·       Tells everyone that story ·       Happens to people very often ·       Do your own research [28:16] What inspired you to create your blog? ·       Started talking to friends ·       Had some amazing conversions ·       Shared what was read on blogs [29:16] What has been your favorite post? ·       Highly effective money management matrix ·       Video collaboration- 12 days of Christmas ·       Guest post for J$ [33:39] What are some goals that you have for your retirement or your blog? ·       Have a bunch of book recommendations to read ·       Try some new environments ·       Volunteering ·       Dad stuff [35:33] If you could go back and tell a younger version of yourself something, what would it be? ·       Start travel hacking Sponsors [36:44] Value Link: Learn how to make some extra cash! chainofwealth.com/airbnb Value Link Round (VLR) [37:0] Why do you think people struggle to achieve their dreams? ·       Might have too many priorities [38:2] Do you have any podcast or book recommendations? ·       Podcast: ChooseFI, countdown to Fi, Fire Hoppy, 99 Percent invisible [38:59] What is your favorite quote? ·       I never make the mistake of arguing with people for whose opinions I don’t respect [39:32] Any last advice? ·       Start wherever you are Support this podcast at — https://app.redcircle.com/shows/11f32da4-3081-471f-bf51-ea341b89ab1d/tip
Released:
May 24, 2018
Format:
Podcast episode

Titles in the series (100)

Denis and Katie interview inspiring people on topics around debt, wealth, investing, financing and more. Building wealth is a fundamental principle where there is not enough knowledge - follow them on their journey to pay back all Katie's debt and learn from the masters themselves! Episodes Monday & Thursday, which are perfect for your commute, teach you actionable ways to build your financial life and achieve your dreams. During the episodes, we touch on questions that unlock thought leaders' secrets. Right after that we jump right into the value link round, where we get their take on why people fail, some of the best books or podcasts they recommend and much more!Support this podcast at — https://app.redcircle.com/shows/11f32da4-3081-471f-bf51-ea341b89ab1d/tip