ChooseFI

354 | Navigating the Possible Vs Probable of Personal Finance

In this week’s episode, Brad and Jonathan discuss planning your short and longterm FI goals in a manner that is realistic to your current situation. By taking an approach that favors longterm success as opposed to rapid growth, you can position yourself in a manner that will allow for luck to strike as you continue your FI journey! Be sure to plan for the probable and possible outcomes in your life!  Resources Mentioned In Today’s Conversation   <a href="https://www.lastpass.com/" rel="noreferrer noopener" target="_blank">Last Pass</a> <a href="https://1password.com/" rel="noreferrer noopener" target="_blank">1Password</a> <a href="https://www.choosefi.com/runaway-winners-and-the-balanced-portfolio-ep-350/" rel="noreferrer noopener" target="_blank">Runaway Winners and the Balanced Portfolio with Brian Feroldi | ChooseFI Episode 350</a> <a href="https://www.talentstacker.com/" rel="noreferrer noopener" target="_blank">Talent Stacker</a> <a href="https://jlcollinsnh.com/" rel="noreferrer noopener" target="_blank">JL Collins' Simple Path to Wealth</a> <a href="https://www.choosefifoundation.org/financial-independence-101" rel="noreferrer noopener" target="_blank">Financial Independence 101</a>   If You Want To Support ChooseFI:   Earn $1,000 in cashback with <a href="https://choosefi.com/1000" rel="noreferrer noopener" target="_blank">ChooseFI's 3-card credit card strategy</a> Share FI by sending a friend <a href="https://choosefi.com/book" rel="noreferrer noopener" target="_blank">ChooseFI: Your Blueprint to Financial Independence</a> Track your personal finances with <a href="https://www.choosefi.com/pc" rel="noreferrer noopener" target="_blank">Personal Capital</a> Compare, buy, and save big on insurance with <a href="https://www.choosefi.com/term-resourcepage" rel="noreferrer noopener" target="_blank">Policygenius</a> Keep learning or start a new sidehustle with one of our <a href="https://www.choosefi.com/education-courses/" rel="noreferrer noopener" target="_blank">educational courses</a> Slash your cellphone bill without sacrificing service with <a href="https://www.choosefi.com/mint-mobile-review/" rel="noreferrer noopener" target="_blank">Mint Mobile</a> Want to start your own journey to Financial Independence? Sign up for the <a href="https://x.choosefi.com/free-financial-independence-challenge">free 5-Day FI Challenge</a> here!

How would your life change if you reached Financial Independence and got to the point where working is optional? What actions can you take today to make that not just possible but probable. Jonathan &amp; Brad explore the tactics that the FI community uses to reclaim decades of their lives. They discuss reducing expenses, crushing debt, tax optimization, building passive income streams through online businesses and real estate and how to travel the world for free. Every episode is packed with actionable tips and no topic is too big or small as long as it speeds up the process of reaching financial independence.