Fire Drill

Courtney is a member of the LGBTQ community who reached FI earlier last year. Courtney has been on her FI journey for 10 years. She is now married and with one child, and her and her wife have decided to keep working since they are now expecting a second child. She has experience house hacking, paying off student loan debt and reducing her expenses down to $25,000 per year. You'll love that story. We also chat about... Courtney's journey to FI Her first career and income House hacking in Canada Why the 3% or 3.5% withdrawal rate is safer Making money does not have to be selfish For show notes and takeaways: https://www.firedrillpodcast.com/why-cutting-out-lattes-wont-help-you-reach-fi-fire2moms1babe

Joe used to be a professional football player for the NFL. And although he was earning a very high salary, he was surrounded by people who also had high expenses and were living paycheck to paycheck. He has now reached financial independence and lives the van life while drawing down from his nest egg. You'll love his story. We also chat about... How Joe was inspired to pursue FI The identity crisis of leaving your job How he managed his finances while working for the NFL His plans to work on several source of income The mindset blocker when it comes to side hustles For show notes and takeaways: https://www.firedrillpodcast.com/from-nfl-player-to-van-life-man-van-dog-blog

4 years into your early retirement... what do you see yourself doing? Kristy and Bryce have been financially independent for 4 years and are busier than ever. They write childrens' books, travel, attend conferences and are now releasing a book. As they say themselves, they are literally living the dream. You'll love their story. We also chat about... Kristy and Bryce's FI story Why it's important to find your identity after FI Their current activities The different Chautauquas Their 3 month plan Book release of 'Quit like a Millionaire' For show notes and takeaways: https://www.firedrillpodcast.com/what-were-doing-4-years-into-fi-millennial-revolution

Sign up here: https://goldcityventures.com In this episode, J shares everything you need to know about the side hustle course launching today and brings on current students to share their experiences. There are three courses: Blogging for Profit, Etsy Printables, and Freelancing. You pick one track up front. You can sign up starting today, June 27th, through Sunday only. The price is $197 just for this launch and will increase when the course opens again in future. Go to https://goldcityventures.com to sign up for the course by Sunday.

Steph used to work at SpaceX and NASA... It's Steph's 1 year anniversary since she quit her job working as a rocket scientist. She reached FI by building an income through real estate in Greece, and now spends her time organising workshops and helping women with money as a financial coach! You'll love her story. We also chat about... Steph's strategy to reach FI How she acquired her property in Greece Getting over the fear of going to Europe What she currently spends her time on Her side hustles organising money workshops For show notes and takeaways: https://www.firedrillpodcast.com/my-journey-from-space-x-to-financial-coach-money-muse

How about turning something you love into a side hustle? Brad took a one year sabbatical in 2015 after reaching FI at the age of 35. He owned 5 properties and had a strong work ethic, but decided to take a break when he realised his income wouldn't be increasing much more. He now tours people round Europe, has a blog, a podcast and does some real estate coaching. You'll love his story. We also chat about... How Brad reached FI His career trajectory Where he saved his income His real estate strategy Making the decision to take a sabbatical His side hustle touring people through Europe For show notes and takeaways: https://www.firedrillpodcast.com/my-side-hustle-tour-guiding-through-europe-man-overseas

Have you ever tried negotiating for more flexibility at the workplace? That's exactly what Ms Mod did: she presented a proposal for better policies, and was able to negotiate with her employer to work from home for the same pay and benefits. She's also halfway on her path to FI and is mortgage free! You'll love her story. We also chat about... Ms Mod's path to FI How she got started with her career Negotiating flexibility How to present a policy proposal The Canadian path to FI Taking out money to pay off a mortgage For show notes and takeaways: https://www.firedrillpodcast.com/how-i-negotiated-my-position-to-work-from-home-modest-millionaires

Ever heard of a teacher version of Etsy? April Smith makes a full time income from her side hustle selling digital downloads on Teachers Pay Teachers, a marketplace for teachers to buy and sell lesson plans. She talks to us about her side hustle journey, how she got started and how she designs and markets her lesson plans. You'll love that story. We also chat about... Making the decision to leave a teaching job April's financial journey from debt to financial freedom How she got started selling lesson plans The types of lesson plans she sells How she decides what to invest back into the business Marketing and sales strategies Juggling twins and travel For show notes and takeaways: https://www.firedrillpodcast.com/making-a-full-time-income-selling-lesson-plans-april-smith

What is the best way a physician can reach FIRE? In this episode J talks to Jesse, a physician who is set to FIRE in 10 years. He is currently 43 with 3 children, and talks to us about his different lifestyle changes, his investment strategies and negotiation advice. You'll love that story. We also chat about... His plan and timeline for FI and his children's education The ethics of retiring early as a physician How he cut back on hours His plan on international travel Rebalancing his portfolio and his investment strategy How to negotiate from above For show notes and takeaways: https://www.firedrillpodcast.com/how-a-physician-is-planning-on-reaching-fi-doc-of-all-tradez

Today's episode has 3 big announcements!

Ever considered taking a gap year right in the middle of your career? That's exactly what Becky and Noah did. We interviewed them before they went off on their 1 year road trip round the United States, and now they tell us how it went, their takeaways and plans for their future. You'll love their story. We also chat about... What surprised them about their trip Their advice to others who want to take a gap year Getting back into the workforce after a gap year Why they didn't try to start any new business ventures Why they chose California For show notes and takeaways: https://www.firedrillpodcast.com/our-fi-gap-year-travelling-across-the-us-money-metagame

Most early retirees will tell you that you'll most likely still make money even after retire. That's why JT decided he didn't need to reach the full 25 times his annual expense in order to quit his job and enjoy being with his family. Instead he has a runway for several years and is working on land investing to produce his main income. You'll love his story. We also chat about... Reaching FI with 4 kids The runway approach to FI JT's current assets How paternity leave gave him a taste of FI Land investing as an income  His healthcare strategy For show notes and takeaways: https://www.firedrillpodcast.com/how-i-reached-fi-without-saving-25-x-my-annual-expenses-jt

How many times were you in a position to negotiate your salary? Financial Mechanic is a software engineer at the age of 25. She's negotiated for her salary several times which has boosted her income into the impressive 6 figures. She's now on her track to reach FI at the age of 32. You'll love her story. We also chat about... How to get a job in software engineering How she applied to jobs Why she wants to reach FI Her timeline for the next few years How negotiating booster her income to 6 figures Her love for travel For show notes and takeaways: https://www.firedrillpodcast.com/how-negotiating-boosted-my-income-to-a-6-figure-salary-financial-mechanic

One FI strategy is focus hard on your own career to fast track your path to FI. Robert worked for the same company for 15 years, which allowed him to get multiple promotions, become a leader at a young age and retire early at the age of 36. He worked in sales and thanks to a good boss and network, he was able to move up the corporate ladder to eventually reach FI.  You'll love his story. We also chat about... How to quit your job Why working in sales makes promotions easier Optimising your career to reach FI Negotiating your promotion Robert's plans after leaving his job completely For show notes and takeaways: https://www.firedrillpodcast.com/how-to-focus-on-your-career-to-reach-fire-stop-ironing-shirts

Reaching FI and preparing for kids at the same time sometimes doesn't go as planned. In this episode we hear tips and tricks from our community on planning for children, the different options LGBTQ couples have and advice when it comes to paternity leave. You'll love this episode. We also chat about... Family timing and tips Why it can be dangerous to wait too long The different options LGBTQ couples have Why you should divide your paternity leave Working as a stay at home Dad For show notes and takeaways: https://www.firedrillpodcast.com/planning-for-a-family-and-fire