Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

What Did You Accomplish in 2019?

What Did You Accomplish in 2019?

FromThe Financial Independence Show


What Did You Accomplish in 2019?

FromThe Financial Independence Show

ratings:
Length:
37 minutes
Released:
Jan 7, 2020
Format:
Podcast episode

Description

In today's episode, you'll hear from just your Hosts! That's right, no guests today, but plenty of voices will be heard.

This episode is covering some of the activity that's been going on in our Community Facebook Page

In today's episode, the guys share with you the powerful accomplishments The FI Show group is achieving.

Also if you join the Community Facebook Page, we're starting a new thread for 2020 goals. Comment with your goals and we'll feature you on an episode coming out later as well as check-in and keep you accountable!

As always they'll also be transparent with their own wins.

Hopefully, you enjoy this special episode!

Listen, learn, and let us know what you think.
Episode Summary
Wins from various community members

Set up a Roth IRA for 18 yr old daughter
Visited FI friends in 10 states
Wrote a book with their daughter
Got to at least one comma in each account
Wrote a book
5 figures from a side hustle
FIREd at 44 then hit UK Chautaqua, CampFI, and FinCon
Reached FI at age 30
Maxed out his and wife's 401k
Couple that both FIRE'd before 30
Vacationed and paid off a truck
Paid off a mortgage
Fired a financial advisor and started to DIY
Transitioned to full time selling on Ebay
and many more....

One huge transformation

Discovered FI on Christmas of last year with only $1,500 in a checking account (plus some mutual funds for retirement)
Since then, negotiated a $12k raise
Got her company to pay for  PMP
Volunteered at a startup to learn new skills to switch to a better-paying industry
Moved to another job for ANOTHER $30k raise
Automated savings to accumulate a $20k emergency fund
Maxed out Roth and HSA for the first time, plus getting a 401k match!
Took  time to think about WHY even pursue FI
Now in the process of downsizing life and purchasing an RV to travel the country, see the public lands, and spend more time outdoors! 

The Hosts Share Too

Justin saved 76% and  is 80% of his way to FI
He spent $23k while living in Boston
With $10k of that going to rent...ouch
Full break down of expenses for those curious

Bills: $1,133
Travel: $315
Misc: $255
Eating out/drinks: $108
Gas: $61
Groceries: $53


Justin started a new job and upped his earnings
Some notable trips to Hawaii, Mexico, Colorado, countless other trips and time with family

 

Cody spent $28k while also living in Boston
Quit his job in January of 2019
Toured the country for 3 months living in a camper for Grant Sabatier's Financial Freedom book tour.
Got the Financial Freedom Summit setup for 2020
And took a 3.5 week trip to Peru and Chile in December

 
Key Takeaway

Reflection is Powerful: Both of us and the FI Show community felt so much more motivated to tackle 2020 and just felt so much better about ourselves after we realized how much we all crushed 2019

Call to Action

Join the FI Show Community Page!

Join the Community
We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community!

Sign up for our exclusive newsletter
Join our Facebook Group
Leave us a voicemail
Send an email to contact [at] TheFIshow [dot] com

If you like what you hear, please leave a rating/review!

The FI show on iTunes

The FI show on Android
Check out our Sponsors


One of the best ways to protect your family is with term life insurance. Even though we don't like to think about it, it's important to have financial protection in case the unexpected happens. Bestow is an awesome and reputable life insurance partner of ours that makes this process simple and easy. They use data to remove the doctor visits and paperwork involved with the traditional life insurance process. And you can apply from anywhere in just minutes. You don’t have to jump through a bunch of hoops to determine yo...
Released:
Jan 7, 2020
Format:
Podcast episode

Titles in the series (100)

Cody Berman and Justin Taylor believe in the concept of “Financial Independence For All”. The FI Show focuses on REAL stories of individuals on their journey to financial independence. Each episode aims to include actionable insights and takeaways for listeners to implement into their own financial situation. The podcast covers topics like building wealth, entrepreneurship, investing, money mindset, small business, frugality, geoarbitrage, side hustles, real estate, productivity, travel, and so much more. Sit back, tune in, and join a community of like-minded people who are changing their lives through financial independence.