Today's episode features Josh Overmyer from JoshOvermyer.com

Josh lost his job and a major chunk of his home value in 2009.

That would force him back under his parents' roof for two years.

Luckily he turned things around and discovered FI but it wasn't all roses.

Josh takes us through that whole journey including bouncing back from failures with precious metals, penny stocks and peer to peer lending.

Listen, learn, and let us know what you think.
Episode Summary
Josh's background

Grew up in small-town Indiana
Dad worked in a factory, Mom works as HR manager both 20+ year careers
First in his family with a 4-year degree
He majored in Urban development
Moved down to Fort Myers Florida in 2005

The Great Recession Hits

Then the recession hit and work came to a halt
Then in July 2009, he lost his job
Josh then moved back home to stay above water
He had bought a house that saw its value get severely lowered
Josh had to keep up a low-cost lifestyle for two years
He averaged $19k in spending
Josh would move out of his parents' house in 2011

Bumpy Path to FI

Then he started finding FI/RE bloggers like J Money
Josh eventually found a job in grant administration
Then Josh starts talking about the failures he’s learned from
These include investing in precious metals, penny stocks, and peer to peer lending

Hitting His Stride

Josh would land a new job back down in Florida
At the exact same time, he would start driving for Uber
He just kept saving and saving
July of 2017 he started maxing out his 457
Over his 3.5 years working in Florida he would start at  30% and ramp-up
Josh then covers all the activities he takes place in the FI community
In his day to day life, he doesn’t have people to talk about Finance with
But through FinCon and CampFI he has found his people 
He has also credited Travel Rewards as the biggest game-changer for him
The whole 3.5 years he worked he didn’t have vacation so he saved points
Now he’s utilizing those points and recommends the Capital One credit card
Josh then talks about how to hit those minimum spends

 
Key Takeaways

Life hits hard: Josh never could have seen his world flipped upside down from the recession, but it did and he wasn't prepared
Learning from mistakes: Josh tried several different angles at investing before finding his groove
Stay Positive: Josh is so upbeat about his story and now in a great place and will be ready for the next market challenge

Call to Action

Head over to our Facebook Group and let us know a failure you've had and what you learned from it.

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