Financial Independence Podcast
To celebrate the release of JL Collins' new book, Pathfinders, I collected all the best advice from his Financial Independence Podcast interviews!
 
Jim has been on the show three times:
 
  • First, back in 2012 (he was my second guest ever!)
  • Second, when his hit book, The Simple Path to Wealth, was released
  • Third, during the depths of the Coronavirus crash
 
That last interview may be my proudest moment as the Mad Fientist (I explain why during the show).
 
Hope you enjoy this jam-packed episode!

Highlights

  • The power of FU Money and why it may be less money than you think
  • Jim’s biggest investing mistake and what he learned from it
  • Why index investing is superior to active investing
  • Are REITs and international funds necessary
  • Why your house may not be a good investment
  • Thoughts on stock picking and actively-managed funds
  • What makes Vanguard unique and why it’s best for investors
  • The three keys to becoming wealthy
  • Lessons learned from Black Monday
  • How to prepare for the next market crash
Direct download: jl-collins-highlights.mp3
Category:Interviews -- posted at: 5:21am PDT

Health is similar to finances in that there are many overly-complex things people say you need to do, but there are just a few simple things that actually matter.

What is the "spend less than you earn, invest in a diversified/low-fee portfolio, and leave it to grow/compound" of the health world?

That's what today's episode is about!

Parker Hewes wrote a book called Lifelong Youth: The Simple Path to a Long and Youthful Life, and today he shares the eight health behaviors that will do the most for your longterm health and wellbeing!

Direct download: your-money-and-your-health.mp3
Category:Interviews -- posted at: 7:29am PDT

On today’s episode of the Financial Independence Podcast, I welcome back Chad Carson from CoachCarson.com!

Chad just released a new book, The Small and Mighty Real Estate Investor, and I wanted to get him back on the show to talk about it.

I’m not a real-estate investor myself though. So rather than interview him myself, my real-estate-investor friend, Jillian Johnsrud, did the interview for me!

You may know Jillian from Montana Money Adventures, or her new podcast – Retire Often.

She did a fantastic job, so I hope you enjoy their conversation as much as I did!

Direct download: jillian-and-chad-interview.mp3
Category:Interviews -- posted at: 8:17pm PDT

On today’s episode of the Financial Independence Podcast, I welcome back Ramit Sethi from I Will Teach You to Be Rich!

I needed someone to come on the show to provide some tough love and Ramit was the only person for the job.

As Ramit mentioned during our last interview, FIRE people are great at knowing what NOT to spend on but we’re not good at knowing what to spend on.

Spending is going to be a big focus on the Mad Fientist this year and I can’t think of a better way to kick off this discussion than by getting yelled at by Ramit so hope you enjoy it!

Highlights

  • Why we doubled our annual spending (and was it worth it)
  • What Ramit did to make me get all clammy and uncomfortable
  • Why pay less when you can pay more
  • How to imagine your own rich life
  • Why you should start wasting some money at a certain point
Direct download: i-will-teach-you-to-be-rich-interview.mp3
Category:Interviews -- posted at: 2:35am PDT

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