Today on the show we welcome Brad Barrett and Jonathan Mendonsa, the founders of ChooseFI. Drawn together by their desire to help everyday people achieve financial independence, they developed a business that offers financial information to make people’s lives less stressful and more financially secure. Brad and Jonathan offer advice, articles, and resources to help their audience become more financially literate and tackle their own money battles with courage.
In this episode, you’ll hear the story behind the ChooseFI Podcast, why saving is the root to all success, and how to transform your money mindset
Show Highlights:
- Jonathan’s battle with debt
- How do you get “financially literate”?
- Time is the ultimate luxury
- Defining financial independence for yourself
- Savings drive everything
- What does my life actually cost? Should I earn more? Should I spend less?
- Breaking down the Roth Ladder Conversion
- Playing the long game to become a millionaire
- The importance of having a vision and plan
- Small sacrifices can add up to big wins over time
- Freedom requires sacrifice
- Stop thinking about why you shouldn’t and start thinking about why you should
Key Takeaway: Once you define to yourself what you want and adopt a mindset to support that lifestyle, you will be on your way to financial independence.
Support ChooseFI
- Website: choosefi.com
- Facebook: facebook.com/ChooseFi/
- YouTube: https://www.youtube.com/choosefi
- Twitter: twitter.com/ChooseFi
- Podcast: choosefi.com/podcast-episodes
Related: 10 Times When Financial Independence Does Not Work
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