Fire Drill

Jenny and Jimmy are the All-American couple. He was the hot firefighter that fell in love with the ER nurse.  Little did they know they were a little too average. Jenny and Jimmy are part of the statistics in America on infertility. They didn't realize how hard it was going to be to conceive. After a long and expensive struggle, they were rewarded with a bouncing baby girl.  We were lucky enough to have them on the podcast to talk about their experience with IVF. If you or someone you know struggles with infertility, Jenny and Jimmy gave us some great advice on how to cover the cost of IVF.  We also chat about... -How they met -how they paid off $120k in debt -Jenny's side hustles Enjoy this chat with Jenny & Jimmy, and please subscribe to us in iTunes if you enjoyed it!

How does a family of 5 sustain their life from full-time flea market flipping? Rob and Melissa have 3 kids and earn their living buying weird items on the flea market and selling them online. They will buy any kind of item and aren't scared of shipping something huge (a Harley Davidson sign??!), and the profits they make can be pretty sweet. They have a pretty unusual and interesting story, you'll love hearing how they hustle to make an income. We also chat about... A typical day flipping items How much money they make Where they buy and sell Their personal goals Advice to people thinking of getting started Full show notes and takeaways can be found here: https://www.firedrillpodcast.com/how-to-earn-full-time-income-flea-market-flipping

We got the chance to sit down with Pauline Paquin for this episode.  Pauline is a digital nomad - originally from France and now living most of the year in Guatemala. She hustled straight out of the gate in her teenaged years that translated into massive success as an adult. Massive success being a fairly robust nest egg and a healthy passive income stream, of course. She now travels when she wants and get to do only things she wants to do.  You will love her story! We also chat about... -Dog sitting in Guatemala  -Building a rental property in Colorado Enjoy this chat with Pauline, and please subscribe to us in iTunes if you enjoyed it!

How do you figure out the right time to have kids? Kids will derail your path to FI, cost you more than you think and are very hard to time. After leaving his job at the age of 34 and negotiating a very sweet severance package, Sam from Financial Samurai talks to us about financial planning, the cost of having children and why it's better to have children sooner than later. Sam has a very interesting story and you will love hearing his advice and family planning tips. We also chat about... The quick path to FI, The middle-class families with $300,000 incomes, His biggest mistakes when family planning, Why you want a severance package, How to engineer your layoff, Full show notes and takeaways can be found here: https://firedrillpodcast.com/when-is-the-right-financial-time-to-have-kids

J & Gwen bring you another special solo episode. It's EXTRA SPECIAL because we recorded LIVE at Podcast Movement 2018 in Philadelphia!  Don't worry, only one drink apiece was harmed in the recording of this episode. We get deep into who Gwen & J are and how they came to be from some of their earliest memories. We also talk about some of the really cool podcasters we met at PM18 and give an update, or two, on how the rental property business is going for both Gwen & J.  If you liked what you heard, please subscribe to us on Apple Podcasts!

How are people making less than $50,000 in massive cities working towards FI? We have Erin from Reaching for FI here to share her story.  She doesn't fit into the stereotypical FIRE mold (male, software engineer) which we say 50 times in the episode - whoops!  Erin is a twenty-something living on a modest non-profit salary in DC. We chat with Erin about: Her student loan debt, Budgeting, Her hesitance to share her FIRE date, FIRE dating, & more! For show notes and takeaways: https://firedrillpodcast.com/erin-reaching-for-fi

Today's guest is Elaine. She is a blogger and podcaster from Nicaragua.  Unfortunately, the government of Nicaragua is corrupt and the people are protesting against the government. We talked to Elaine about the current environment, how the people are handling the changes, what the government is trying to do and what normal life looks like in the middle of protests.  Most of you are US Centric which means we only know what's happening in the US. The mainstream media isn't great about covering news outside the US so we were astonished to hear what all has been happening the last few months.  Elaine has a very important story and we think this might be one of the most useful episodes we release this year.  She was an absolute delight to speak with! Enjoy this chat with Elaine, and please subscribe to us in iTunes if you enjoyed it!

Jim of Route to Retire is stepping away from his corporate job of 20+ years and is moving with his family to Panama.  He reached a $1MIL net worth which is allowing him to fund his dream lifestyle.  He'll officially early retire at the end of 2018 at the age of 43. You'll love Jim's story and the knowledge he has to share about planning for expat life in Panama. We also chat about... Timing for an early retirement, Getting credit when you don't have a W2 job, Why he decided on Panama, & Health care. For show notes and takeaways: https://firedrillpodcast.com/route-to-retire-panama-expat-family

Benny worked at his family restaurant and was sick of it. He felt like he was wasting his time doing things he had grown to hate. He wasn't motivated and wasn't inspired. He hit a low point and said, no more. He put in a lot of hard work and dedication into changing his life after that moment.  He dove head first into making money online - first through apps on the iTunes store, then selling t-shirts, and then selling various products through print on demand services. Now, Benny lives a life that challenges and inspires him to live his best life. We chatted about his life and how he turned it around in this episode! You will be majorly inspired by his story! We also chat about... -app development process -how to come up with products -how Facebook ads work He was an absolute delight to speak with! Enjoy this chat with Benny, and please subscribe to us in iTunes if you enjoyed it!

Thinking about joining a startup?  How do you know how much money and equity to ask for? Erica Amatori has worked for multiple startups (and one traditional Fortune 100 company) and shares all the details on compensation, salary negotiation, and equity. We also chat about... Cryptocurrency and Erica's new startup! Benefits (healthcare & retirement), Tech accelerators, Getting involved in the startup community, & more! For show notes and takeaways: https://firedrillpodcast.com/startup-cryptocurrency-erica-amatori

Today's guest is Joe Goldberg, a 40 something year old guy in Seattle on the path to FIRE. You might know him as one of the OG members of the MMM forums, or as one of the founders of Camp Mustache.  Yes, that very same Camp Mustache that Gwen & J recently attended. As it turns out, there is far more to Joe than just being on the MMM forums or founding Camp Mustache. We dive deep into his story and you will love it! We also chat about... -including FIRE on your linkedin profile -if FIRE is a solo journey -how to get into political activism -where to find fellow local FIRE people He was an absolute delight to speak with! Enjoy this chat with Joe, and please subscribe to us in iTunes if you enjoyed it!

Have you ever been in credit card debt and had student loan debt at the same time? Krystel of All She Saves found herself in that situation and was motivated to attack her debt after an awkward conversation with her boyfriend.  He was shocked to find out that she had accumulated $15,000 of credit card debt while she was living with her parents.  He was also paying off his student loans so the two of them tackled their debt together. You'll find Krystel's story very relatable. We also chat about... The order she tackled her debt, Credit card companies preying on college students, Shopping credit cards, Target red cards, & more.

We have a special treat for you today! J and Gwen broke into the liquor cabinet and recorded a solo episode. (can it be a solo episode with two co-hosts??) As it's the middle of the year, we discussed our resolutions for the podcast and ourselves and how we're doing. We also talked about updates on various things going on in our lives. Gwen's getting a new job and selling her house, and J is readying her house to go on the market. You will more than likely snort while listening... It's that good! We also chat about... Updates to J's life Updates to Gwen's life wins from the FIRE Drill Facebook Community how to accomplish everything on your to-do list We hope you enjoyed this episode!  Please subscribe to us in iTunes if you enjoyed it! Show notes and links from today's episode Leaserunner Cozy.co ezlandlordforms BiggerPockets Super awesome episode with Andy MK Williams' Enemies of Peace (win a copy if you leave us a review!) JA Geiger Stained Glass Art VOICEMAIL Link tkts app (Broadway ticket app) Mealpal link Sniffspot (Use the code FIREDRILL for $50 when you sign up!) Tony Polecastro Guitar Workshop Key takeaways from our chat: 1 - Good person.... Bad Landlord? Being a nice person is usually good. Being a good person is usually a good thing. Not when it comes to landlording. You have to buckle down and stick to your guns. That means denying people based on credit and background. If you don't, bad things will happen. In a related note, get a reference for every person that will deal with your property. Property managers, contractors, realtors..... GET A REFERENCE. Things will probably go terribly wrong if you don't. 2 - We are CRUSHING it! In our New Year's Eve episode, we stated we were at 89,000 downloads and wanted to get to 300,000. We hit 400,000 downloads at the end of June. Thank you to all our listeners for making this happen. We love you all!! A post shared by Fire Drill Podcast (@fire_podcast) on Jun 27, 2018 at 8:28am PDT We couldn't do it without you, so a massive THANK YOU to all of you for making this happen!! 3 - Gwen's Resolutions: Total Grade B+ Happy, Healthy, Kind, Motivated She is pretty happy but gets more stressed out than she should with trying to be an entrepreneur. She is much healthier than she was in January. She is more or less the same with regards to kindness. She is DEFINITELY more motivated with the loss of her W2 income. 4 - J's Resolutions: Total Grade Solid B -6 Figure Saver: totally counted as she did save the money in the first place. (She took the money and paid off some of her parent's Parent Plus loans. She's a really great daughter). -Doubling passive income: Not there yet, but well on her way with her Etsy shop growing like a weed! -Work out 200 times this year: On track! -Cook dinner twice a week: MASSIVE FAIL Questions? Like or dislike? Leave us a comment! Want to support the podcast? Here are three things you can do. 1. Start tracking your net worth with Personal Capital using our link. It's free. 2. Subscribe to our YouTube Channel and get one extra LIVE episode from us per week. 3. Join our Facebook group and connect with other members of the FI community.  

Jessica Moorhouse is an entrepreneur and freelancer living in Toronto.  We talk to her about managing variable income as a freelancer, figuring out how and what you should reinvest into your business, and getting burned on online courses. For show notes and the blogging cheat sheet: https://firedrillpodcast.com/jessica-moorhouse We also chat about... Invoicing, Reinvesting in your business, Couples finances, Home ownership, and Entrepreneurship.

Are you an active investor in the stock market or are you index funds all the way?  Today's guest is Mabel Nunez from Girl$ on the Money. She ONLY invests in individual company stocks.  Say what!?! No VTSAX? No FSTVX?  Nope. Nothing. Just pure shares of individual publicly traded companies. There's a secret to her investing strategy........ and it's that anyone can do what she is doing! She walks us through her reasonings on what companies she buys and what companies she sells.  You're going to learn a ton! We also chat about... -how the current political climate affects the market -how Gwen & J first learned about the stock market -whether J & Gwen have individual stocks in their portfolio She was an absolute delight to speak with! Enjoy this chat with Mabel, and please subscribe to us in iTunes if you enjoyed it!