044R - The One Way Ticket

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0 - 37 Jonathan Mendonsa All right guys congratulations you have made it to the weekend and this is your Friday roundup. Today we're going to be talking about the Monday episode with Brandon Pierce from Pierce on earth dot com who is the prototypical example of what creating a business from the ground up and developing it into one of these four hour workweek type models actually looks like. And then we want to take the second half of this episode to really highlight how he leveraged that business model to allow him and his family to travel the world as usual we'll try to bring in some community feedback and help round things out. So yeah this is going to be a really fun episode. And to help me with this I have my co-host Brad here today. How you doing buddy.
families, travel
37 - 75 Brad Barrett I am doing quite well Jonathan Yeah this was a really interesting episode. I agree that it was it was a unique opportunity right to look at someone who has basically created this four hour workweek type entrepreneur job right or business I guess is really the way to look at it. And not only did he do that but then also he's on this amazing world travel experience with his family of five and each individual item would be an episode in its own right but to have one person kind of talk through that entire experience was it was really fascinating. So yeah looking forward to jumping in and chatting about it certainly but yeah. Jonathan what's going on.
families, familytravel, travel
75 - 115 Jonathan Mendonsa Well we had a actually a couple of cool things happen. One was my personal frugal win of the week. And you know how we talk about building community with people and maybe focusing on more frugal activities or activities that promote community and do not promote the inevitable lightening of your wallet. Well I have a story to share with you guys and we actually invited our neighbors over. Their daughter was having a birthday party we did a Dino themed birthday but we actually put a projector out in the backyard at around 5 to 8 p.m. and everybody came over brought a potluck dish over and we actually watched the land before time in the backyard. And I've never actually been a huge fan of the movie but just the fact that we were able to host our neighbors and watch it in the backyard was awesome.
115 - 122 Brad Barrett That's really cool. What are you. I'm sure knowing you you had some cool hack for like how the projector worked and where you put it in and why not. Tell me about it.
122 - 185 Jonathan Mendonsa There's a couple of cool things you do here. One is many people and I looked into this many libraries and ours included will actually allow you to rent a projector for free so if that's something that you're interested in you can definitely again choose F-I friends of the library go check out your library see if they can give you access to one. In my case one of my buddies actually is a youth pastor and he had access. So there you go you have a park there. He had access to the projector and the background screen and so they were able to bring it over. And we just kind of we just teed it up so it was very simple easy to use. And you know you can access the video on Netflix or however you want to access it but just kind of making the event around the kids is going to immediately allow parents to get that time together because their kids are in a safe place. They have entertainment and really it's not costing you any money because you're just bringing over what you would have made for dinner anyways and you're just sharing it with other family so virtually zero cost fantastic time. And Brad I was actually thinking to myself Man I really want to bring you guys over next time saying Come hang out with us and do this. I think your kids would get a big kick out of this as well.
families, library
185 - 188 Brad Barrett Yeah we're up for it. Be awesome so yeah let me know.
188 - 197 Jonathan Mendonsa All right. Will do. The other cool thing and I'm just stealing all of our time here is I am on day three of a three day fast this morning.
197 - 202 Brad Barrett Holy cow. A three day fast. Like an entire. Not eating anything.
202 - 291 Jonathan Mendonsa Yeah. You know I'm not hardcore in any aspect of my life. I've listened to like Jacko willing and a lot of those extreme discipline extreme ownership type podcasts and think to myself. Nothing I do in my life is extreme and I cringe hearing all the things that these guys are willing to do that even the cold showers some like I can't do that now I can't do that. But in this case I was like you know what. I've already done one day fast before many times and actually usually the next day I wake up and I'm not hungry. And I've been reading tools of Titans with Tim Ferriss and he was talking about how he would go about doing this three day fast and then on top of that talking about the idea of doing a seven day fast. And what's very interesting and there are some parallels to what we talk about in finances is that you always need to anchor what you're doing. And if you're anchoring this three day fast it's this extraordinarily out-of-control crazy extreme thing to do. Then maybe be less likely to do it. But if you're anchor for what's extreme is a seven day fast. Well then suddenly a three day fast doesn't seem like a big deal is quite as much of a big deal. And in the same regards when we're talking about finances when we talk about saving 20 to 30 percent of your income that seems crazy and super extreme but when you anchor that to the idea of saving 50 to 60 percent of your money you like oh OK well yeah maybe I can do 20 to 30 percent. This idea of anchoring is very valuable as a mental tool that you can use in almost every aspect of your life. And so now on day three and frankly I'm thinking to myself gosh I should just go and do a five day fast because I think I could probably make it and do I really want to start later and start from scratch and have to do five days all over again. But it's gone pretty it's going pretty well. I'm still here. I'm still alive.
291 - 295 Brad Barrett It sounds like you have your normal customary energy as well. So that's that's encouraging.
295 - 299 Jonathan Mendonsa Yeah my enthusiasm comes through.
299 - 358 Brad Barrett So you talk about anchoring. Another thing that we focus on is like the why behind things like we talk about the why of FI. That's usually when you tell yourself a story of why you're doing something. It usually leads to success. And I'm curious I'm just setting you up for failure. So you know I'm not sure if there's going to be a good answer but like what is your why. I know when reading Tim Ferris's books and listening to some of his guests like Dominic D'Agostino they talk about like the cellular benefits you know of course there's like OK I'm not eating so I'm going to lose weight. Like that's the most superficial aspect and I'm not sure of that. That may or may not be what you're going for but like they talk about health benefits potentially of fasting like it helps rid the body potentially of precancerous cells and just enables the body to work more efficiently. Again I'm not a doctor. I'm. The farthest thing from anyone trained to go down that path. But you know that's what I've heard about. And I'm curious what was your why behind doing this fast.
health, weightloss
358 - 501 Jonathan Mendonsa I think I did want to be considered extreme on some level. I knew I could do this. I knew that this was possible for me. I didn't start with a three day fast. I had done many one day fasts successfully and usually felt better. The next day I felt more in control of my impulse control my need to have sweets and sugars and all this kind of junk food that you've latched on to. I also was it was almost a natural progression. I'd been doing a six in one type of slow carb dieting. where I focused on cutting out all the processed foods all the process sugars really focusing on high protein and increasing my exposure to legumes. So you know beans and lentils and that sort of thing. And I was making pretty good progress with that but I was hovering right around one hundred and eighty two pounds. And I'm sure I did want to move the needle so there was a weight loss component to this although I don't think my goal was limited to that. I think ultimately it came down to I wanted more ownership of my why when I'm choosing what meals I want to eat and I figured if you can go three days without eating and you realize at the end of the third day that you're still fine you're OK in fact maybe even feel better to a degree. How much more willpower control does that give you when you're just working through your regular day to day activities. And you're about to sabotage yourself on all of your health and fitness goals because you're craving that sweet treat because you thinking to yourself. I have to have that. And when you are able to go through a exercise like this which is really not one that puts your health in any sort of risk but rather it's one that is more a mental exercise there are people all over the world there are people inside the United States that unfortunately don't know where their next meal is going to come from. And in many cases our country in many parts of where we've just been I guess fortunate are blessed to have forgotten what it's like to not have that next meal. And so it's a useful exercise to realize that your body is designed to be energy efficient your body stores energy in case that next meal doesn't become readily apparent. And honestly as long as you have access to water your body could probably survive for up to a month without that next meal and I'm not recommending that you do that. But practically speaking there's many people in the US that have never done a single one day fast and there's an even smaller percentage that have tried a three day fast and now I feel like now I'm very close to having made it into that second category. And although I will never have the bumper sticker on the back of my car that says I've run twenty six point two miles I think maybe I can find a bumper sticker that says three days and put that on there.
fitness, health, mindset
501 - 502 Brad Barrett 72 hours.
502 - 515 Jonathan Mendonsa 72 hours yeah man it's It's going well. I'll be honest. The real key once you start going into day to day three is you decide. You know I think I'd like to go to I think I want to go to bed a little early and I think I want to wake up a little bit later. But ultimately it ends up being a good experience.
515 - 526 Brad Barrett That's cool. No I like that. Just proving to yourself that you can do something. There's definitely value there. Right. Like that if that's your Why or that's part of it then that's good enough for me. I like that.
526 - 555 Jonathan Mendonsa All right. Brad well let's go ahead and take a few minutes and actually talk about Monday's episode. And I thought maybe the place to start in my mind the first thing that he really said that struck me was that he realized very early on that you don't have security as a 9 to 5 employee you may have the you may have the illusion of security you may have the steady paycheck. But the reality is you're only one transition in management away from having your entire world rocked especially if your life depends on a steady nine to five paycheck.
555 - 635 Brad Barrett Yeah I agree completely and that's funny because you and I when we prepare for these round ups we each just listen a couple of times and take a bunch of notes. And you know literally my very first thing was quote There is no such thing as job security when you work for someone else. So yes that clearly was a big takeaway for me and this kind of it speaks to the larger Why of FI right. of Why you even get on this path. And this is what we constantly talk about with getting the power back in your court and that can happen slowly. That is a continuum it's not ok one day you have no power and the next day you are financially independent. It just doesn't work that way. But what does happen is when you're not living paycheck to paycheck when you're not basically beholden to the whims of someone else like you just set a new manager comes in and you have some personality conflicts with him or her and that's it. Right. And then if you don't have any savings your life crumbles in a 30 to 90 day period. Like could you imagine living like that. That's just an awful way to go through life and it's just so stressful. Whereas if you just start taking that power back just by living below your means right it really is as simple as that. And then you just slowly accumulate more and more power and the entire dynamic of your life changes. That is really powerful. It's essential that you all understand that.
635 - 686 Jonathan Mendonsa And I think it's important to point out that this is not necessarily a pitch for entrepreneurship. I got this word from Brad I'm going give credit but entrepreneurship is not necessarily the panacea of all. Having said that though the one thing that you do have control over whether or not you choose entrepreneurship or whether or not you choose to pursue FI within the confines of the nine to five is your savings rate and we'll come back to this over and over again not just in this episode but in future shows. But if you can build margin if you can mind the gap if you can build space in between what your expenses are and what you're earning every single paycheck that you get. You're adding more control to your side of the ledger and you're adding security because guess what if the job goes south you have a margin between you and the financial cliff And that's just such a valuable message that it absolutely needs to be restated almost on a weekly basis.
686 - 796 Brad Barrett And that margin is crucial in everything you do in life. That's what I talked about a minute ago but but also when you're beginning your entrepreneur's journey really. And that's kind of what Jonathan you what you mentioned in the podcast which was that neither Brandon or I were living on the precipice and we did have some financial runway's certainly. So it made it easier and I mean frankly just the way that I'm wired. I couldn't imagine living in that life where I'm an entrepreneur and I'm still essentially paycheck to paycheck like that to me is even more stressful right because it's not then just a typical 9 to 5 but wow you have to quite literally put food on the table and if something went catastrophically wrong like your whole life can go down the tubes. As an entrepreneur or so it's about creating a margin. And for me I know many people would say I guess there's two schools of thought right. There's the create the safety create the safety and then you can do what you want. And that might be entrepreneurship that might be retiring early it might be anything. Or there's the burn the boats type scenario where you just cut every possible tie and you're going to succeed or fail. And in all likelihood because you've burned the boats you have no chance to go back to shore. There's no safety waiting for you. You're going to do what you have to do. Work 18 hours a day do whatever you hustle whatever it is to succeed. So I get both sides I think personally I'm wired that I crave that level of safety and that is what I did when I actually made the leap to working full time on my internet business. So you know I I cannot fathom that I would have done that without a significant amount of money in the bank. That's just not the way that that I work. But Jonathan I'm curious like you and I obviously think very differently on many things. I'd love to hear where you come down on the whole burn the boats versus safety scenario.
796 - 891 Jonathan Mendonsa I think I'm closer to you than you're giving me credit for the way you're framing this question. I I know people in our community that are absolutely in the burn the boat camp but I am much more in that camp of I want the freedom to fail. But I don't want to fail. So the underlying thought behind that statement is that I have enough margin in my life and I have enough of a runway and my burn rate is low enough that if I start on some venture because it looks promising or because I think that it has legs and then it turns out that that was again an illusion or that it was not what I thought it was going to be my burn rate is low enough that I can then go back to the safety of my, of whatever of my original status quo situation. I'm not a big fan of going all in and burning the boats. I definitely like to have as you guys know a backup plan for my backup plan. I think people say that the entrepreneur is willing to work 80 hours a week for themself to avoid working 40 hours a week for the man I am probably to some degree more and more and that camp because I do find that's where the whole idea of work life balance comes in. I would say most people can identify with the fact that once they check out of their 9-5 hopefully they're done now obviously work does follow some people home. But generally speaking especially for the hourly employee when they when they're off the clock they are off the clock. When you're an entrepreneur though a lot of those time lines go out the window especially when you're trying to build that business so there is more margin in your life. So you can increase that savings rate. I've just been having to deal with this thought process a lot. There is a very sneaky and almost imperceptible desire to put the extra 20 to 40 hours and just continue to grow that gap.
891 - 991 Brad Barrett Yeah there sure is and I think I've talked to you about this. We both struggle with this. And I mean you more so than me I would say at this point with this being your first venture with an online site or podcasts or whatever. And it's so exciting. But unfortunately you can let it lead into your life and take away from some of that work life balance that that you really want. And especially when you know we get dozens of e-mails and obviously you could spend 24 hours a day in the Facebook group right. Like there's just no two ways about it like it's exciting. It's awesome. That's our community. We love to be there. And I try to tell you from time to time like take a break. You don't have to be there every second like. People know how involved you are. It's about finding that balance in life. And obviously I don't want to get down to the minutiae here of our exact thing. It's a larger point of you've got to figure out what what adds value and what adds value to your life and really establish that line of separation that enables you to have the life that you want and to grow your business or your community as well as you'd like it to. So there is that fine line. But like Jonathan you said you can easily work 80 hours a week to get rid of a 40 hour a week job for someone else and like there is a great allure to that. And I get it. But it is that fine line and there is that bit of danger where you can go down and reach that point of diminishing returns and I think we all need to be cognizant of that. And this is one of those kind of like first world problems like it's so exciting for us personally that we're growing this community. But you do have to be aware that you could spend 168 hours a week on it very very easily but you need to find some balance. I think that's that's a crucial point in life is finding the balance.
991 - 1024 Jonathan Mendonsa Maybe there's even a message for the large percentage of bloggers or business owners that have a large online presence maybe a social media presence and that is while your spouse may appreciate your hard work ethic up to a point like maybe 40 to 60 hours a week. Once you start allowing that business to creep into the 80 to 100 hours and you realize that your phone is still out at dinnertime because you're still checking some inane anything then that respect is going to turn to resentment and that is that is a poor investment of your time especially when it when it's coming at the cost of your relationships.
blogger, relationships
1024 - 1050 Brad Barrett Yeah I mean the phone is the most insidious thing that has ever been created and you. It's wonderful obviously in so many regards but like yeah you have to put that thing away. Right. Like you get those notifications or oh I'm just going to pop on Facebook and then it's 30 minutes later and you've had so many cool conversations but then yeah your spouse across the table is looking at you like you're the worst person on earth. So yeah I think it's just easier to not tempt yourself and just put the thing away.
1050 - 1075 Jonathan Mendonsa What I really want to highlight Brad is the fact that Brandon identified something that would make his life easier and there's so much value to capturing this fact. When you think in yourself I have no good ideas what could I do. I think you're asking the wrong question. Instead think about what are you actually doing and what would make your life easier. That that's where I think Brandon started and that's why I think he was able to pursue this journey with such success down the road.
1075 - 1185 Brad Barrett Yeah I think this is a great way to go about brainstorming for businesses and it's not as overt as sitting down and writing down ideas it's just going through life with that critical eye of of where are there pain points in my life. And I think that's the crucial point is like if you have an issue if you have something that just frustrates you that is taking up too much time that you think could be done better like that is a pain point. And if it's a pain point for you then it probably is for many many tens if not hundreds of thousands of people who knows millions of people. And in Brandon's case he found this niche. Right. Like he was a piano teacher and it certainly doesn't have to be limited to piano teachers it can be all music teachers as it eventually turned into music teachers helper. And he really is like in all likelihood at that point there was nobody that had taken these multiple talents. Right which is A being a music teacher. B being able to code a program and C realistically having some level of knowledge and skill with accounting which generally you find a lot of these industries where people are just so incredibly creative or talented and they might not have the business sense. Well in this particular industry there wasn't that program where there wasn't some easy automated way to do all the actual business aspects of this creative and wonderful endeavor. And Brandon looked at that and said wow this is not even just an opportunity it's something that I can do that will help my life. So let me let me code this and let me put it together. And then it was. Will anybody buy this. Is this something that other people might be interested in. I don't even think he did it in like a overt or a ham handed way. He wasn't like trying to be a salesman. He was just speaking with some of his colleagues and friends and there was an obvious need for this.
talentstack, teacher
1185 - 1291 Jonathan Mendonsa And I think this can translate to so many other aspects of your life. Another perfect example of this and honestly look around you and see how a product has crept up to fill a need and then trace that back to what the initial story which was which was someone had a and instead of just using this limiting belief Oh well I guess I'll do a work around. They created a solution for that problem. And I'm thinking in particular Brad maybe Jesse Meachem from why now you need a budget. This is a perfect situation of someone that saw a problem and instead of just hemming and hawing or coming up with a workaround he designed something from scratch that would fill that need and then develop that out to share with other people. And you can just expand that forward. But the next place to land on this is at what point do you know that this idea that you've been working on and developing and testing on yourself is almost this pre beta tester. At what point do you know that this idea is something that you should then commit to and for Brandon he identified that it was the point of that first sale and there were some steps in between that he had developed the software he had shared with people that were in his niche. People just friends that were also music teachers. And then what I loved is they were like wow that would be really helpful for us and I think at this point they weren't paying for it he just shared it with them. But he realized other people will benefit from this. And then what's that next thing. He went to a conference and I think there's so much value this has to be what that first step looks like. Find out which conferences are dealing with your niche and get your idea in front of other people and then. Ask for that first sale once you have that first sale. And this is what Alan said from popup business school in episode 30. Once you ask for the sale then you're getting real feedback. That's the first point in time in which you know what people actually think about your product. And if someone if one person says yes to that then from there it's just a matter of scale.
1291 - 1331 Brad Barrett Yeah and that whole thing of getting people to take their wallets out and actually pay for something that is the mark of delineation between an actual business and just your friends patting you on the back and saying Oh good job. So many people will say they'll buy something or oh I'm interested potentially. But the proof is when people take their wallet out and pay for it. And yeah I mean Brandon knew from that very first sale. And that's to his great credit like he made that product for himself and realized oh wow other people can benefit from this. He sold it and Jonathan like you said in the podcast like you can scale a digital product to the moon.
1331 - 1337 Jonathan Mendonsa Well Brad you do have some limitations. There's only seven billion people on the planet so once you run out then that's it.
1337 - 1372 Brad Barrett All right. Well that's fair and I assume there are far fewer music teachers. But but regardless like he could theoretically sell this to every music teacher in America or the world. And that's a pretty big market and it really doesn't cost much. Once you've actually gone through the development. And he's proved to himself that someone will buy this and if someone will buy it many someones will buy it. So that is a really cool way to approach business. But if you don't get that first sale then people are probably lying to you when they say oh this is great. Oh I need it. It's you just don't have anything until people will buy it.
1372 - 1390 Jonathan Mendonsa All right so let's switch gears and talk a little bit about this choice that he made to travel the world with his family and the place I wanted to start was this idea of just taking a six week test trip and then their case they went to Panama. And how remarkable that is and how doable that is for anybody that has any financial margin in their life.
families, travel
1390 - 1480 Brad Barrett Yeah it's really alluring and Brandon just had so many great quotes and this episode I tried to jot them down verbatim but hopefully I get this right but he said we were comfortable but we weren't fulfilled. And I knew there was more to life than what we were experiencing. And I wanted to give our family a chance to experience what life was like outside of this only bubble of reality that we knew. And I think that's really a powerful one. And that's not to say that the bubble of reality that that we all live in or whatever you want to call it is bad by no means. I mean I think I live a wonderful life but we do the same thing day in day out week in week out and that's fine. I mean we we have this great life but am I depriving my kids by not traveling by not showing them different cultures. And I don't mean just going to Mexico and staying in an all inclusive. Obviously that's not what we're talking about here we're talking about going and exploring and seeing what other cultures are actually like to live in. Right. And it's experiencing the full benefits that other places other world views other people that look dress talk differently than you like there's so much value in getting other people's perspectives and I think so many of us especially in this country like we're just so myopic and we just look at our own little world view and don't put ourselves in other people's shoes. And I think that's to our great detriment. So I'm just very impressed that Brandon really had the guts to pick up his family and and do this even on just a short six week trip like that to begin with.
families, travel
1480 - 1650 Jonathan Mendonsa Brad I actually have this funny story again from the weekend just from my personal life that I feel like we could tie a thread to this and that is that my mother came down and watched our son for us for a few hours so he could get out of the house. And we decided on the state to go check out the international food store which in Richmond is called the new Grande. And it really to the Hispanic and Asian communities and we went in there and what was so cool about it is it is kind of like going into another country it has a very distinct different feel from Obviously your traditional I don't know Wegmans or costco or whatever else but you go in there. My wife at first really wasn't sure how to orient herself to this new environment. And it was kind of like no no if I'm I don't know exactly what I should be doing here. But we went up and down the aisles and she's actually from Zimbabwe So not only was she not able to see all these foods that she had enjoyed that frankly I had never heard of before. But then by the end we are thinking yourself wow my idea of stretching myself food wise is to get a vegetarian pizza. But there's a million things on these aisles that I've never seen before and wouldn't know how to. use in cooking and I want to start experiencing this and trying this. And I had never considered this before. So it was such an eye opening event to show us just not just your. We don't just have a myopic view towards the countries that we visit or the places that we're comfortable and we have a myopic view to what's normal with every aspect of our life including what we're eating on a day to day basis most of us have like five or six different meals of varying degrees of health or quality that we just stick to on a very cyclical basis. And there are a bunch of different ways that you can just increase your world view of what you're actually willing to try and even a tiny little experiment like that opens your eyes to all the different possibilities. And so now we want to go back there. We want to go back there and actually want to start looking for recipes to incorporate these different ingredients that frankly I've never even heard of. And that's just a really cool almost thought experiment. We walked from the new Grand we went down to this Korean bakery and we got some baked goods that we would have never experimented before and so I'm just thinking to myself How often do you eat the same foods you go to the same shops over and over again and you've never explored your actual city. And I would love for everybody to be to go travel the world and be willing to experience these new things. That's something I'm talking to myself about as well. But if you're looking for a baby step what if you just experimented with all the different locales and micro shops that are in your own local geographic location. And if you can stretch yourself just a little bit there doesn't this also apply to the conversation of geo arbitrage inside your own country. This idea of domestic arbitrage because you realize you know what if we took an objective look at this and removed some of the emotion of oh well we have to have what's normal. And instead we focused on the idea of well maybe we could have a new normal and a new place and that would allow us to gain all these additional financial incentives that we hadn't considered. There's I think there's something there.
cooking, geoarbitrage, health, travel
1650 - 1796 Brad Barrett Yeah I totally hear you and I do want to discuss that certainly but but I wanted to touch on something you said about two minutes ago where you were talking about you're right Danny going into this food store and almost needing to orient herself. And I could almost like I was leaning in when you were saying that because I'm picturing that that confusion that I know I would have that little bit of as silly as it sounds like that little bit of the fear of the unknown. Like what am I doing here. I don't even know what any of these products are like. Where is anything located. I can't read anything like. But to me I'm trying to. And this is from Dominic quartuccio who we had on previously in episode 33 and he talks about leaning into the fear. And obviously this is a low grade fear when you're going to a new grocery store or whatever it may be. But I'm now looking for areas in my life where where I get that that feeling of nervousness and where normally the safe route would be to run away from it. Now I'm trying to really lean into it and embrace it. And I know just recently I actually got in touch with the dean of the business school over at the University of Richmond where I went for undergrad and I wound up speaking with one of the professors and we talked about me giving a presentation to his MBA students and their entrepreneurship club actually which sounds really cool but the old me immediately popped up and said in my head of course Holy cow am I going to be nervous for the month leading up to that. And it's just there old fears just bubbling up to the surface and that's just something I've always been afraid of for my entire life is public speaking even though I'm reasonably good at it. And obviously I do this podcast and all that stuff but it's still that fear embedded. But that was the reason why instead of saying oh no I'm not interested. Like that was why I wanted to do it. So I think we all need to find those areas where we're a little bit afraid and really really lean into it like it just makes you a more robust and capable person. And again going back to Danny like the next time you guys go there like I guarantee you there are a bunch of people who work at that store who could help you with recipes who would love to tell you about some recipe that they know from their home country that you could use these five ingredients for like go with that step further not only go there again but like actually ask someone for help ask them for some advice and I feel like you'd have that connection. Like most people are walking into that store and just not ever get it. So I think that's something that you should try.
1796 - 1960 Jonathan Mendonsa Yeah and just to kind of put a period on the end of the sentence we were driving back and she had the biggest smile on her face like that's the immediate return on stretching yourself. We started this episode I was talking about how I was doing this fast and clearly this is new territory for me. I guarantee you tomorrow I'm going to wake up with a smile on my face and my wife when she left that store although it was slightly uncomfortable at least to begin with until she got used to the new environment she walked out and had a huge smile on her face and there's an and there's an aura of confidence that you get from putting yourself in a new situation and then finding out that hey it's OK. And in fact your universe has just gotten a little bit bigger. So you know if you can do some of these baby steps and the whole point of what what I'm illustrating is that there's not one way to do this but that life will present you with an infinite number of opportunities to broaden your horizons and your own you can. You can apply this to personal development you can apply this to creativity you can apply this to skills but life is this wonderful game. And once you work through just a few of the smaller things. Surely the idea of a six week test trip has to be something that sounds more and more appealing. I loved the episode with Noah for money meta game doing the gap year where they took an entire year off. But you know what it doesn't have to be that. And as we continue to bring people on that share with us their secrets of how they've traveled the world at such low cost. And you realize that it is possible you start to think how can I tied together these tools like Airbnb travel rewards and geo arbitrage. And how can I experience not just travel with my family as a tourist but travel with my family as a global citizen. And you get to slow down just a little bit and broaden your horizons broaden your kid's horizons. And as a family I have a feeling that sort of experience will bring you all much closer together because you're going to be relying on each other more and hopefully it forces you to drop the cell phone and to be present with your kids get this time together that ultimately you can't get back. Right. We can never go back. We can only be present and we can only consider the possibility of designing our future. So I just it's for me though. Those are huge takeaways. The other thing that we're talking about just for a few minutes and it ties so well to this initial conversation is the idea of finding community abroad. And he gave enough tips on that that I don't have much to add to that conversation. We could see if Brad has anything to add to that. But community building is such a valuable skill set and it's one that can be applied to you traveling to another country. It's also one that can be applied to you. Building a community in your own neighborhood. And I think that we talk about the value of building skills build the skill of building a community is incredibly valuable and incredibly rewarding.
geoarbitrage, travel, travelrewards
1960 - 2116 Brad Barrett Yeah Jonathan as you know I'm I'm constantly constantly talking about community and the value thereof I think. I think this is a really neat one where Brandon talks about all these Facebook groups that are that are really great resources for people who are looking to do this type of world travel with their families. And I think just seeing people who are modeling in their real life like makes it more real. I know I've been kind of lurking in a couple of these groups just trying to get a sense of what's going on what the people are like and it's just like a really welcoming community. And I think that kind of stands to reason right if people who are exploring who are looking to become embedded in new communities who are willing to do something a little bit differently than than the regular traditional path. So I think these are more open minded people certainly than than maybe your average person off the street. But I've really been very very impressed. And we being Laura and I are trying to dip our toes into this where this is something we will do. One of these next few summers for sure. I think we just have to actually take that leap and do it. And that is that that bit of fear that still takes over. Not that we're worried something weird is going to happen it's just almost like what are you giving up. Like we're giving up our great summer that we love so much and we're always constantly talking about our pool and all that stuff. But that's just silly. Right. Like when I when I actually sit down and say I'm like OK well we're giving up something that we do all the time which is wonderful and great and all but wow how cool would it be to have a six week adventure in Mexico or Panama or Chile or Edinburgh Scotland or wherever it may be like. And then you know I keep going down the rabbit hole of like not to keep score but are there places that are good enough for this kind of travel like we have family who just moved to London and Brandon the mad Fientist is up in Scotland and you know we're thinking about visiting them next summer just as a visit. But do I want to turn that into a longer trip. Like do we want to live in London for three weeks and Edinburgh for three weeks or something. But as silly as it sounds Jonathan like I don't know if that's immersive enough because their English speaking country is and they're not terribly different like I would be curious to hear from Brad and Pierce and maybe some other people in this world travel community or anyone in our community who's done this like would good or not and I know that sounds a little bit silly but like do you think we would lose some of the benefit of not being in such a dramatically different location culture language all that stuff or would we get many or most of the benefits. I'd be curious to hear your thoughts Jonathan.
families, travel
2116 - 2134 Jonathan Mendonsa Oh I think that you'll have a wonderful time no matter where you go and I think that that's the classic example of is the perfect the enemy of the good and the I would say you know it goes back to that that line that we've said before no the perfect is the enemy of the done. Just do it and just do it.
2134 - 2169 Brad Barrett All right. Yeah that's that's cool. And you can hear in my voice and my thought pattern like how unsure we are. And I hope that rawness and reality comes through that like this is not something that's simple. In my perfect world I would love to do this and I believe I genuinely believe we will. But it's just getting over these tiny little hurdles and just like Jonathan said just doing it. So I hope to have her report back in the coming months. We are going to pull the trigger on this and here are X Y and Z where we're going. So if it's not going to be this coming summer it will definitely be the summer of 2019. So to be continued for sure.
2169 - 2180 Jonathan Mendonsa Now I would like to pin you down on this Brad because I know the episode you committed to our audience that you were going to try to start tracking your time and I know you are going to kick this thing off and I think you're starting this morning is that right.
2180 - 2181 Brad Barrett I am actually yeah.
2181 - 2187 Jonathan Mendonsa OK. So it was the tool that he had available is that still what used or did use the one that I suggested.
2187 - 2201 Brad Barrett Honestly I use neither. I just use a real simple Excel spreadsheet so I just going back to my days in public accounting. I just have a nice simple spreadsheet broken out by in 10 minute segments and I'm just kind of jotting down as I go along.
2201 - 2231 Jonathan Mendonsa OK. So in my mind one of the key obstacles to doing something like this would be all the fluff or filler or stuff that you do when you get bogged into like social media and that sort of thing or all the times that are just that are just kind of they just disappear on you and I know you're you've had a lot of time to practice. You're much more intentional personal with your time than I am at this point. So I'm curious have you considered how that will come into play and how you'll track this on Excel and what is the timeframe that you're going to do this for. Just just would be interested in getting a few more details.
2231 - 2342 Brad Barrett Yeah that that's a good question. I think it would be easy just to do it for a day and just kind of oh that was an interesting little thing. But I I'm committed to doing this for at least a week because just because our our weeks are so varied. I mean just today alone we're going to be recording podcasts for probably four hours. I think we have another recording session tomorrow. So this is not like the standard week but. But I'm curious to see just what do these actually look like. And because I really don't even know. Like yesterday for instance I went to Crossfit and I went up staying there and chatting with some people afterwards and it wound up being like a two plus hour round trip. And that seems a little excessive and also when I got to the end of my day I was so harried and rushed and oh I didn't get anything done. But when I actually think about it I really did. I mean we recorded a podcast for a couple hours in the morning yesterday and I did a whole bunch of e-mails and Facebook and all the stuff that actually is productive as far as business and community goes. But I think this is kind of a long way of saying that having it on paper will at least give me some sense of like what are my priorities and also am I getting stuff done that frankly like my memory really stinks so like at the end of and this might be a limiting belief but like at the end of a day like it's hard to remember what I did at 10:30 in the morning and it was actually productive or was I just sitting there. But now just kind of breaking it out in these 10 minute increments while that is a little cumbersome to actually have to track it on that level. I think it's going to provide me some value and we're definitely going to update this next week on the round because you know it's not that interesting of a segment right now certainly me chatting about something that I'm I just started three hours ago. But I'll definitely report back next week with an update on this and what value it actually provided in my life. And is it something that I plan to do going forward because I think it quite possibly will be.
2342 - 2353 Jonathan Mendonsa Well I feel like by forcing you to tell the audience on the show that you were doing this will actually ensure that you actually do this because you won't be able to sneak out halfway through and say oh yea I'm going to do that later.
2353 - 2452 Brad Barrett Yeah. No there's a lot to that. And what's funny is you know this kind of a larger point of like us promising things on the podcast and I still I I know. As far as way way way back when we talked about like health things that you and I were doing and I talked about running a six minute mile and actually a buddy of mine from back home in Long Island just started listening to the podcast and and he heard that because I guess he started at the beginning and I'm like I'm thinking to myself oh no that was something that I kind of gave up on. I wonder do I still have time in the last 80 days here of the year to do that. But you know it is interesting when you say something publicly like it definitely does spur you on. In most cases I think you know I'm fortunate I did get kind of caught up with like CrossFit and this jujitsu so the running went by the wayside. But yeah you're right. Like this morning I woke up and I said wow I promise the audience on that episode I was going to track my time and I opened up that Excel sheet created it with all the 10 minute increments and like and that was enough. So while everyone out there obviously doesn't have a podcast to record to many many thousands of people. But that said doing something publicly even just saying it to your family even saying it on Facebook or something like that when you declare something publicly there's so much power there. And I think there's something to that and I'd love to hear more people who've explored that like what have you succeeded in that that you otherwise didn't think you could because you did declare publicly and people were counting on you and they knew that or that you knew that you would be like maybe a failure in their eyes if you didn't do it. Like Jonathan have you ever done anything like that where you other than on the podcast maybe like pre-dating that like anything. Ring a bell.
families, health
2452 - 2496 Jonathan Mendonsa Yeah everything in my life if I'm actually going to stick with it I have to tell somebody else like for instance let's say I'm going to do this fast. I just totally keep it to myself the first time someone offers me something and I capitulate on my own. But I haven't told anybody what my plan is then I can just set it aside and I can move on. And guess what the fast is over and I broke it and it's no big deal. But if I tell my wife ahead of time this is what I want to do instead of me having to just keep all this willpower on my own. Now she's supporting me in that role and she's not offering me that food and on top of that she's encouraging me and she's giving me positive feedback when I'm on my two or three days just saying how the heck did you do that. Like how do you do that. And so that level of encouragement is useful and at the same time people can then have the ability to support you on that journey which is invaluable.
2496 - 2557 Brad Barrett And Jonathan it's funny because I'm of two minds with this. I think there is great value in telling the world at large and getting that extra dose of motivation. But I know I constantly talk about Tom Billue from the impact theory podcast which I would highly highly recommend to anyone out there who's looking to level up their life or just create a better mindset. And he's constantly talking about the story you tell yourself and how that really is the most powerful thing in your life. It's the world view that you've created about yourself. And I think what he says is I'm the kind of person that he sets up these bright lines as he calls it so I'm the type of person that. And one thing that I personally say is who does the right thing even when nobody's looking. So that is a story that I tell myself about about Brad basically and that it's just so powerful because nothing matters more than what you think about yourself. And that's one that I keep with me.
2557 - 2586 Jonathan Mendonsa And Brad it's so funny I actually saw a bumper sticker the other day that like stood out to me but I didn't think anything else of it until you were talking about this. And I know it won't mean anything to you because you don't have any dogs at the moment but for us dog lovers it said Be the person that your dog believes that you are. And to me that highlighted all these attributes that like you are who you believe you are right. And that's kind of another way of saying it but if you build a world view around that it empowers you to make better choices.
2586 - 2589 Brad Barrett Yeah that's brilliant. I love that. I absolutely love it.
2589 - 2602 Jonathan Mendonsa So Brad I think the next thing I want to do talking about this idea of travel and taking this time away and really it's totally in line with talking about taking your family around the world. It's got a voicemail from Vicki that I want to go and play.
families, travel
2602 - 2673 Vicki - (voicemail contributor) Hi Brad. I'm Jonathan. My name is Vicky and I'm calling to share my frugal win of the week. I loved your recent podcast with Brandon Pierce. It really resonated with me on a number of levels. after having a baby a few years ago and having a health scare myself, My husband and I re-evaluated our own suburban 9 to 5 life and decided we needed to make a big change. Right now we're in the process of selling our home and all of our belongings and becoming a full time slow traveling family with our 3 and 6 year olds. as Brennan suggested You don't have to be 100 percent fi to reclaim your freedom. We're certainly not. But everything that I've learned about fi allows me to live with more confidence and less fear in making big changes such as these so related to this goal, Here's my frugal win of the week we've been accumulating chase ultimate reward points for two years now and we just cashed in a hundred and twenty thousand points for 4 one way tickets to Europe with fees. We paid about $20 for the four of us. It felt like such a huge win. Keep up the awesome job you guys. I really look forward to listening to every single choose FI episode.
FWOTW, families, health, travel
2673 - 2717 Jonathan Mendonsa Wow Vicky congratulations for one way tickets for your family to Europe for $20. That is absolutely fantastic. And we're super excited for you and I'm glad it ties to this episode so well I think that's what we're seeing. Like once you start getting the stuff under your belt the fear goes away and the fear is tied. In many cases the financial insecurity and it's tied to the unknown. But the more we're able to highlight the stories of people that have made these unconventional choices and far from being financially insecure and far from being unhappy they're experiencing more joy. I think it's empowering. A larger percentage of our audience than either of us might initially suspect to make similar choices and get a chance to live these amazing experiences with their loved ones.
2717 - 2745 Brad Barrett Yeah. I love how this all comes together. The ultimate rewards points that she used. That was probably pretty straightforward to get 120000 of those points she found four one way tickets and just booked them. That in and of itself is really cool. And also don't discount the fact that like these are one way ticket this is a journey and an exploration. And they have no return date right now. That is really cool and I think you could easily miss that. What an amazing adventure Vickie. So a huge congratulations to you and your family.
families, travelrewards
2745 - 2756 Jonathan Mendonsa Holy crap Brad. That was huge. The one way ticket like that that's the name of this episode isn't it. The fact that you're not already thinking about the return you're just open to the journey.
2756 - 2789 Brad Barrett Yeah. Jonathan I love that. That's a neat way to title this episode for sure. And that is part of what life it's right. It's this one way journey. We don't know where the destination is. It's just about enjoying your life exploring learning new things. Being open and just trying to get the most out of every day that you possibly can. And Vicki certainly sounds like she's doing and I think we're all trying to do that in our own way and it's not easy. Right like it is not a straight path it's a circuitous path and that's what that's what makes it fun. So I love that one way journey concept. That's really wonderful.
2789 - 2904 Jonathan Mendonsa Now we have to give a huge thank you to enter in our community who actually introduced us to Brandon. And the reason he wanted us to talk to Brandon is because Brandon in some way was his gateway to FI because Andrew discovered the international travel community and the idea of this unconventional choice that allows you to pick up your family and travel around the world and find these different communities. And then through that process he ended up stumbling into the FI community. And what's cool about that is the obvious parallels between the two and the reason I bring this up now is Andrew gave us some feedback on the episode basically talking about that underlying fear. Fear is one of the most raw emotions that actually gets us to move on something or not move on something. And so it's worth spending this extra time on it. And Andrew said I reached out to get some links in regards to forums and communities like ours that provide more insights to traveling with families long term. He has three kids ages 11 to 4 and very similar to Brandon's family and there are so many questions that he's trying to get these answers to in order to address those fears. And he loved Brad just how you were real open about your concerns in particular with regards to the education now you guys can see the blinders that I have towards this idea of interest led learning and I'm somewhat cynical to the traditional educational model where I feel like it just force feeds you a bunch of stuff that you're not interested in and that gives you this generic test to see how well you learn the stuff that you're not interested in and then tells you whether or not you're going to succeed in life based on the generic results of this test. I'm a little bit cynical on that. I'm not abandoning the traditional educational model but I obviously am passionate about this idea of interest led learning in general and I think that to some degree we see that. In the FI community that people do realize the value of taking the time to learn about things that you are interested in. And then obviously there is an extension there that to some degree can dictate how you approach this educational process. If you decide to take your family on the road.
families, travel
2904 - 3029 Brad Barrett Yeah it's hard. It really is hard. And I really am of two minds with this. It's part of me just knows what I know. Right which is the standard American education system. And and that served me exceptionally well and I know that I got a lot of value out of it and I believe my kids could get value out of it as well. But then when you take a step back from maybe those blinders and listen to what Brandon said which is this interest led learning approach and not just forcing your kids to memorize facts but to allow them to pursue what they're most interested in. There is a ton of value in that in this day and age when you can google something in under three seconds as quickly as you can type it in and find any piece of information in the world. What value is there. Memorizing facts in a biology class or an AP Biology class or anything. And Jonathan I think you said it in the podcast like many of the things you learn in school. They're just fragments of of a tiny little memory of something I like. Does that add any value to your life. Like did it add any value. And I guess you can keep going down the rabbit hole of maybe it help you learn to think more clearly and all that kind of stuff like there is clearly a huge value of education. But like what would this interest led learning take the place of that or maybe do a better job of allowing people to learn how to think and allowing your children to not just regurgitate facts but to have a brain and to find their passions and to explore them and to dive deep. Like I don't know I mean that that is really alluring to me. And again it's just this kind of A.) unknown right because I've never done them before I don't know what it looks like. And part of me doesn't want to necessarily experiments on my kids lives but then I say OK I'm applying the rationality and intellect that I have to this situation and say wow I think they would benefit from it. There seems to be a lot of value in that so I get it. I really get it. And I'm just personally trying to come to grips with it and where I fall on it and how my kids could benefit.
3029 - 3095 Jonathan Mendonsa And I mean I tell you my wife is a teacher so talk about me getting the raised eyebrow and I started discussing some of these more progressive ideas towards education. I got to tread carefully. So all that being said I don't have the answer on that. But even if you decide not to pursue one of these more unconventional models there is obviously something to be said both your kids and for yourself by learning about things that interest you and not being afraid to learn new things. One we're going to give one quick podcast plug just because Vicki mentioned this for those of you that want to learn about actionable tips for location independent couples Vicki highly recommended the Nomad together podcast. We'll put a link to that in the show notes. Paul and Becky are a location independent couple are sharing all of their hacks on how to be more comfortable with the idea of this journey. She says there's lots of actionable tips in this podcast and as you guys know I think that's the real That's the secret sauce in a podcast that's giving you information. Is are they giving you actionable tips. All right. I have a voicemail of encouragement for you guys. For those of you that are just recently finding out about financial independence and you're wondering how much of a difference could this possibly make. I have a voicemail that I want to play for you from Kevin.
3095 - 3314 Kevin - (voicemail contributor) Hey Brad. Jonathan first I wanted to thank you for giving me the opportunity to call in and share a brief story of encouragement and a conversation I had last week with the head of my age Department. First a little background. I work at a pharmaceutical distribution center in northwest Ohio. My current yearly salary is only 36000. I've been with the company for about five years and jumped on late to the FI journey at age 32. I recently met with the head of my H.R. department to discuss the rule of 55 and a few other questions regarding open enrollment for my health care coming up as we began researching the role of 55. She opened up my 401k portfolio and she almost fell out of her chair and asked me if there was a mistake on my part. I asked her what do you mean. And she asked me if I knew about the contribution amounts. She told me she doesn't know anyone within the company of 700 employees that is contributing over 10 percent. I smiled and told her yes. It's not a mistake but it's intentional. After getting the information I needed about the rule of 55 she politely asked me how I'm able to save so much on a lower salary. Now this is coming from someone who makes double if not triple what I do. So knowing this fact it's encouraging to me to know anyone regardless of pay can jump on the FI. She isn't like the lower level H.R. specialist either. But the head of H.R. overall the entire company distribution center. So as I was sitting there I gradually explained to her how to life hack just these little simple smaller approaches that you guys teach and then the community teaches to life but make a huge impact over time low cost index funds. Ditching the target date funds. No cable TV low speed internet. Cut out the big box cell providers cut out debt such as credit cards drive that car until you need duct tape and youtube keep an emergency fund for those moments. Life throws boulders at you. Keep a written budget on your fridge that you can go to daily to keep yourself accountable keep track of every dollar spent. Find a side hustle to generate even a smaller passive income. Keep your bill money and your discretionary money and your emergency money separate and don't double dip when one runs out. When one is gone then that's it until payday and also life hack your groceries by not going shopping hungry stick to a list and ask yourself before purchasing Do I need this or do I want this. Keep your living expenses as low as possible and keep shopping around for better rates. Save your raises until it becomes uncomfortable around the 30 percent or higher mark with your savings rate. I told her the biggest factor though that has allowed us to do this was our choice of housing. We purchased a smaller home with lower financial obligations as far as upkeep and our utilities are concerned. With a house that's only a thousand square feet it's more efficient for us even though the bank was approving us for double or triple that. We stayed far below what the bank approve this or in a location with cheaper property taxes but still decent schools and our mortgage payment is only 13 percent of our take home pay before contributions. We now have equity in the home and we are owing actually far less than what it's worth right now and we are on track to have a paid off home. At 50 years old and reach lean fi at :55 utilizing the rule of 55 and work because we want to not because we have to circle herself around like minded people because the journey is going to often feel tiring boring long and difficult but the rewards will far exceed the past. After this conversation I left the spark of encouragement in her because she was actually taking notes from me. That was actually kind of funny. Someone making far more than what I am with even a college degree is asking me just add a lower team member for advice. Of course my wife and I work at the same company and work opposite shifts to avoid daycare but it just goes to show that couples making far less than hundred thousand per year can make and achieve FI. I left her office motivated and I think I left her encouragement also after I got the information of rule of 55. Please keep up the good work Brad and Johnson and take care all the FI community. You all ROCK.
401k, age55rule, college, debt, emergencyfunds, health, housing, hustle, indexfunds, lifeoptimization, passiveincome, savings
3314 - 3318 Jonathan Mendonsa Right. It's impossible to listen to that voicemail not have a smile on your face.
3318 - 3342 Brad Barrett Yeah I hear you. I was sitting here with a smile on my face the entire time. I mean that is the perfect introduction to FI and it doesn't matter where you fit in the company it doesn't matter how much you earn. You have this information that as we talk about it is a life superpower and it's amazing when you can help someone learn about it for the first time and teach them and see that light bulb and it's really really cool and this. This was an amazing example.
3342 - 3500 Jonathan Mendonsa I think what's interesting to realize is that if you have been in the FI community for a period of time and you haven't just been lurking in the community but you've been taking action on these things and you've been positioning your life financially in a way like Kevin just mentioned you may not be in the top 1 percent of wealth in the country but you will be in the top 1 percent of financial knowledge in the country. And part of that is that unfortunately the bar is so low and the gatekeepers to even your H.R. departments they aren't getting exposed to this stuff because there's no one that's really position themselves to tell you to consume less. And my point is ultimately a word of encouragement to our audience if you're actively doing a large percentage of the stuff that we're talking about in the show or that the the guests that come on the show are talking about on their blogs you probably have more financial accumen than anyone else in your company at this point. And the ultimate way to prove that is to be the one that maxes out your 401k. Very few people in your company no matter how large or small are doing that. And it's amazing to me how you're doing all these right things time after time but when what you're doing actually gets highlighted by someone that can objectively look at it and compare it to the rest of the people on your team or the rest of the people on site. It's such a stark contrast. You know he said in his company of I believe over 700 people he is the only one that is contributing more than 40 percent of his take home pay. And just imagine looking at that from the outside you're trying to convince people just to start it just to put anything in there just to get the match and then you see someone that's making a fraction of what you're making and they are contributing 40 percent of their of their take home pay to their investment vehicles. You can't walk away from that. That's the sort of thing that changes business culture. That's the sort of thing that changes the entire environment. And ultimately I think that has much more far reaching potential for Kevin's not only his financial future and his financial piece but also potentially his career path because it's setting him apart in a great way. Can you imagine that let's say this H.R. person was actually taking notes on this. And let's say that she's been tasked with trying to improve 401k participation. She's been tasked with. Ultimately a company wants their employees to do well. I don't know if they want all their employees to retire early but they do want to retain their employees and they do want their employees to know that they can achieve a level of financial security within that company. And now they find that the guy in that company that's hitting all the cylinders and has it figured out is Kevin that's not going to end badly. In fact you can see how they would want Kevin to be in a mentorship role for some of these other employees and mentorship goes along with leadership. And if Kevin has been identified as the guy his life just hit an inflection point that I don't even know if he has realized yet.
401k, career
3500 - 3551 Brad Barrett That was actually a really good point. It's like you know setting up a career path. And there's no end to that. That might not just be Kevin talking to the employees it could be him presenting to the executives. You have no idea where that ends. And that is a really powerful thing just accumulating these skills in life like we're constantly talking about here. You don't know where that will end up. Now Kevin may be the most financially savvy person in his entire 700 person company. There is a lot to be said for that. And who knows where that leads Kevin what opportunities it gives him what positive light he's looked at when it comes time for promotions for raises for things like that you just simply don't know. But how is that a powerful and uplifting place to be in. Right like where you can positively impact the people around you and potentially your self and your own life. That's really cool.
3551 - 3600 Jonathan Mendonsa And the thing to point out there is that this is low hanging fruit. You can reach that same level of financial savageness just by figuring out where you are using your free time and using that free time to obtain new knowledge. That's what to land on and this stuff is accessible. It requires that you give it some time that you kind of simmer in it for a while but nothing that Kevin talked about nothing that we're talking about should be out of reach. All right so guys unfortunately that is going to bring this episode to a close. We'd like to finish every episode by doing a drawing for a copy of a book that we found useful and what we typically do. JL Collins book the simple path to wealth and Dominic Quartuccio's book design your future for the past couple weeks we've been also doing. Tim Ferris's book tools of Titans. And Brad I was thinking wouldn't it be appropriate for the next couple weeks maybe to switch over and actually do the four hour work week based on this episode.
3600 - 3605 Brad Barrett Oh that's a good call. Yeah. And think about that. Yeah sure. OK. We can definitely toss that in.
3605 - 3676 Jonathan Mendonsa OK awesome. So that'll be that will be the thing this week if you're in that transitional period you can pick. But going forward for the next couple of weeks will do the four hour work week. And if you would like to win a copy of one of those books it's very simple. All we're really asking that you do is if you're enjoying this show if you're getting benefit from it just take a couple of minutes and leave us a short written review. Just go to choose F-I dot com slash iTunes. Follow the instructions there. Leave us a short written review and then just send us an e-mail to feedback at Choose FI dot com letting us know that you left your review and what screen name you left under. I want to stress again that we understand that you are doing us a huge favor by putting your stamp of approval on the show for the rest of the world that may be finding it for the first time. But this gave us a way to do what Brad is called a virtuous circle and give back in some small way and when we thought about what giving back actually looked like for us it was totally consistent with our overall philosophy to hopefully give you some knowledge and give you condensed knowledge in the form of books and both of us just think that books are the ultimate way to grow yourself as a person. So we hope they will take us up on that. And yeah just follow the instructions that I just mentioned if you want to do that. Brad how many winners do we have today.
3676 - 3681 Brad Barrett All right Jonathan we have one winner this week and the winner is Jay.
3681 - 3782 Jonathan Mendonsa Jay says uniting the streams of fi into a mighty river. I discovered the subculture about a year before this podcast started. How I wish I had had choose Fi from the start Brad and Jonathan unite the many streams of information online and in the brains of smart people into a mighty river of frugal knowledge let their enthusiasm sometimes too much enthusiasm guys. I know you read this wash you swiftly to your financial freedom. I think that's hilarious and I think he's probably right. Let me address the enthusiasm so I know I've gotten some some feedback on that in the past. I think it's totally fair. That's the first part I should say. Take one step back and say that it is consistent with my personality to some degree. I'm an introvert with the exception of the two or three things that I get ridiculously fired up about which obviously financial independence is one of them. And then I almost can't contain my enthusiasm. And I think that to a degree that's been helpful for our show for me to have that level of enthusiasm and I'm pretty sure this is directed at me more than Brad. But the downside of that is that when you're binge listening to 20 or 30 of our episodes back to back to back everything can't always be awesome all the time. Right. And I think I have had I have had to learn to a degree maybe to tone that down by like five 10 percent. And for those of you that maybe you're like I had this is awesome but nobody can be that enthusiastic all the time. I apologize. And at the same time you know it's always about that growth and trying to get better both as someone that is learning this information right along with you. But then also communicating in an engaging way and since this is something that Brad and I plan on doing for the next several years like honest feedback like that that's you know constructive and honestly trying to help us produce a better product. We appreciate that and thank you so much for being a part of the community.
3782 - 3857 Brad Barrett Yeah we absolutely love constructive criticism and feedback. That's that's what we're always trying to improve. I think enthusiasm is a good thing right. But I think where people might be concerned if it is if it seems to be insincere. I don't think Jonathan that you come off as insincere at all you just love this. I know you're as enthusiastic off the podcast about financial independence as you are on. Obviously most people don't care to hear you off off the show like I do but this is just something you're extremely excited about. And like we're constantly talking about like we believe FI to be a superpower. And when you have this super power and you have what you think to be one of the secrets to life like you want to stand on the top of the building and scream about it right and tell the world about it. So I get the enthusiasm I also get that you know people don't necessarily know you or know us and maybe there is that concern that it's insincere. But I can absolutely assure you and I know that most people who are really listening to the show know this is as sincere as humanly possible. We love this community we love financial independence and we just want to share it. So I think I wouldn't worry too much about it Jonathan. I think most people really do understand that but but it is also important to listen to feedback. So we certainly grieve we appreciate the feedback.
3857 - 3898 Jonathan Mendonsa One last favor guys if you haven't done this yet Brian I have realized recently that we do need to take a point and just highlight this for those of you that have found us maybe through our blog our Web site. Obviously we are available on all the major platforms like iTunes stitcher your player FM your overcast. You know all the different media outlets you can find podcasts you will find us on there. And if you want to just do one thing today before you go that will help us out immediately just press the subscribe button. It just lets the algorithms know that you place value in this show and that you want to be with us as we continue on this journey so just take that one step before you go today. And we greatly appreciate it. Enjoy your weekend the fire is spreading. We'll see you next time. As we continue to go down the road less traveled.

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