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474: Mindy and Scott's Favorite Sleepaway Camp for FIRE Chasers

474: Mindy and Scott's Favorite Sleepaway Camp for FIRE Chasers

FromBiggerPockets Money Podcast


474: Mindy and Scott's Favorite Sleepaway Camp for FIRE Chasers

FromBiggerPockets Money Podcast

ratings:
Length:
40 minutes
Released:
Nov 29, 2023
Format:
Podcast episode

Description

Deep in the forest, a secret financial independence summer camp is being held. Multiple times a year, all across the country, millionaires, financial freedom achievers, and those still on or just starting their FIRE journey meet up for a weekend like no other. Those who have achieved FIRE in their 30s, 40s, and 50s give advice, tips, and tactics to those who want to leave their jobs behind and see what a life of financial freedom feels like. It’s such a can’t-miss event that Mindy and Scott are regulars there too!
Of course, we’re talking about CampFI, where you can roast marshmallows, talk about Roths, scheme with other investors on the best way to make millions, or simply meet the financial independence heroes you’ve only seen online. Throughout the year, these camps are held in every corner of the country, and today, you’ll get to hear exactly what happens around the campFIre.
For that, we brought on CampFI founder Stephen Baughier to tell us more about this exclusive financial independence experience and his own journey to FI. After a tough wake-up call in his mid-30s, Stephen made it his goal to reach financial freedom, but not on the fast-paced schedule most FIRE chasers think of. Hear how Stephen was able to downsize his life, cut his spending, and have ultimate time freedom without having to work his tail off!

In This Episode We Cover
The one thing that made Stephen reevaluate his financial decisions in life
Downsizing, cutting spending, and how to reach financial freedom faster
Advice from millionaires and those who’ve already achieved FIRE
CampFI costs, activities, events, and why you MUST attend 
Why you can (and SHOULD) slow down your path to FIRE 
Scott’s accidental run-in with a fireside cult-like chanting circle
And So Much More!

Links from the Show
BiggerPockets Money Facebook Group
Network with Other Investors on The Path to FIRE Through the BiggerPockets Forums
Finance Review Guest Onboarding
Join BiggerPockets for FREE
Mindy on BiggerPockets
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Apply to Be a Guest on The Money Show
Podcast Talent Search!
Money Moment
Past Episodes Mentioned in Today’s Show:
Doug Nordman
Mr. Money Mustache
CampFI Website

Click here to check the full show notes: https://www.biggerpockets.com/blog/money-474
 
Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email us: moneymoment@biggerpockets.com
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Released:
Nov 29, 2023
Format:
Podcast episode

Titles in the series (100)

For those who have money… or want more of it! Join Mindy Jensen and Scott Trench (from BiggerPockets.com) weekly for the BiggerPockets Money Podcast. Each week, financial experts Mindy and Scott interview unique and powerful thought leaders about how to earn more, keep more, spend smarter, and grow wealth.