045 | JD Roth | Get Rich Slowly | Breaking News | Full Circle




ChooseFI Radio Podcast | Financial Independence | Money vs Time | The Tim Ferriss of FIRE show

Summary: Today we discuss JD Roth's backstory behind his financial journey, Get Rich Slowly and Money Boss, plus JD's philosophy AND a very special announcement...<br> <br> In Today’s Podcast we cover:<br> <br> * A discussion with JD Roth from Money Boss and Get Rich Slowly<br> * How JD impacted Brad’s life and put him on the trajectory to becoming a travel rewards expert<br> * JD’s backstory and how he found the personal finance community<br> * JD started Get Rich Slowly to document his process to clawing out of $35,000 worth of consumer debt and becoming financially literate and successful<br> * JD started his ‘credit card habit’ in college<br> * Any actionable tips the audience could take away from JD earning a scholarship to college?<br> * JD focuses on being self-directed with an ‘internal locus of control’<br> * JD started a blog before the word blog even existed and started his first webpage in 1994 and his first web journal in 1997<br> * JD’s plan to get out of debt in 3 years and the article he wrote called ‘Get Rich Slowly’<br> * April 2006 was when Get Rich Slowly started<br> * JD was looking for a ‘magic bullet’ but quickly realized he needed to put in the effort and spend less money<br> * Dave Ramsey’s Debt Snowball and how it helped JD succeed psychologically<br> * JD as an ‘accidental personal finance expert’ and how that journey progressed<br> * The audience and community around Get Rich Slowly helped make it a great site and inclusive<br> * JD’s frustration with the thought that there’s a “right” way to go about things in the personal finance world<br> * Action is the number one thing that separates successful people according to JD<br> * The methodology behind financial independence according to JD: The Six Stages of Financial Freedom<br> * Your level of control increases as you progress down the path towards financial independence<br> * When JD personally progressed through the six stages<br> * How does JD spend his days and what is his philosophy?<br> * How JD sold his comic book collection and made $28,000 which funded their RV trip<br> * JD’s insight on the future of the financial independence movement<br> * Hot Seat Questions<br> * JD’s big announcement about Get Rich Slowly<br> <br> Links from the show:<br> <br> * <a href="http://moneyboss.com/" target="_blank" rel="noopener">Money Boss</a><br> * <a href="http://www.getrichslowly.org/blog/" target="_blank" rel="noopener">Get Rich Slowly</a><br> * <a href="http://moneyboss.com/the-six-stages-of-financial-freedom/" target="_blank" rel="noopener">The Six Stages of Financial Freedom</a><br> * <a href="http://www.mrmoneymustache.com/2012/01/13/the-shockingly-simple-math-behind-early-retirement/" target="_blank" rel="noopener">The Shockingly Simple Math Behind Early Retirement</a><br> * <a href="https://www.mycomicshop.com/" target="_blank" rel="noopener">My Comic Shop</a><br> * <a href="http://www.fierymillennials.com/" target="_blank" rel="noopener">Fiery Millennials</a><br> * <a href="https://www.fiverr.com/" target="_blank" rel="noopener">Fiverr</a><br> * <a href="https://kottke.org/" target="_blank" rel="noopener">Kottke.org</a><br> * <a href="http://www.raptitude.com/" target="_blank" rel="noopener">Raptitude</a><br> * <a href="http://moneyboss.com/how-to-build-confidence-and-destroy-fear/" target="_blank" rel="noopener">How to Build Confidence and Destroy Fear at Money Boss</a><br> * <a href="http://moneyboss.com/how-to-be-happy-and-lead-a-meaningful-life/" target="_blank" rel="noopener">How to Be Happy and Lead a Meaningful Life at Money Boss</a><br> * <a href="http://www.amazon.com/dp/B01MU7O8UG/?tag=choosefi-20" target="_blank" rel="noopener">JD’s Favorite Bar Mix from Amazon</a><br> * <a href="http://www.amazon.com/dp/B01E60R584/?"></a>