simple financial independence

Super Simple Financial Independence with Chris Mamula from Choose FI

You might think that only accountants or finance geniuses can figure out how to retire early, but this is not true. Our guest today retired at the age of 41!  Chris Mamula was a physical therapist who wasn’t excited when he thought about the future. He decided to educate himself on how to reach financial independence and he couldn’t believe how easy it was.

Chris is a husband and dad who now enjoys an adventurous lifestyle on his own terms. He blogs at Can I Retire Yet, is part of the Choose FI movement, and is also the primary author of the book Choose FI: Your Blueprint to Financial Independence.

Today he shares his super simple financial independence tactics to help you put your wealth-building on autopilot.

What You’ll Learn

  • Don’t always blindly trust a financial advisor.
  • The million-dollar mistake Chris made when he first began financial planning
  • Super Simple Financial Independence
    1. Spend less.
    2. Earn more.
    3. Invest better.
  • Cut on the biggest expenses—housing, cars, and food.
  • Where can you cut on taxes?
  • How can you eliminate investment fees?
  • Travel hacks so that you can vacation without depleting your savings or going into debt
  • How to live better while spending less
  • Lining up spending with your values
  • Moving to an area with lower cost of living
  • Chris puts 50% of his income into savings.
  • Financial self-assessment—track your spending for a month and be honest about where your money is going. Is it going toward the life you want?
  • Knowing your emotional tolerance to stock market fluctuations
  • Investing in real estate for financial independence
  • Creating your own business
  • How to get kids interested in finance
  • Personal finance doesn’t have to be overwhelming. Learn how to tackle it one simple step at a time.


MENTIONED EPISODES:

ChooseFI: Stock Market, Tax, and Retirement Hacks with Brad Barrett

Reframing Your Life for Financial Independence with Brad Barrett

All the Money You Will Ever Need with Grant Sabatier

The New Mindset for Money with Grant Sabatier


Leave an iTunes review.
Get a FREE book!

If you’re enjoying the show, leave us an itunes reviewIf your review is chosen as the iTunes Review-of-the Week, we’ll send you the free book of your choice!

What to do: send an email to support@gooddadproject.com notifying us about your review, your mailing address, and your choice of a guest book from our Books Page!

Thanks for the support!

CLICK HERE TO LEAVE YOUR REVIEW.


YNAB. You Need a Budget

Get your FREE Trial at YNAB.com/dads


Chris Mamula’s Links

Can I Retire Yet?

Amazon

Resources

Fill out an application for The Dad Edge Alliance

The Dad’s Edge AUDIOBOOK on iTunes or Audible

GRAB A COPY OF THE DAD’S EDGE BOOK HERE

Join our Dad Edge Group on Facebook

We have Dad Edge T-Shirts!  Grab one HERE

FREE chapter from THE DAD’S EDGE on UNLIMITED PATIENCE

FREE EBOOK: CONNECTION WITH YOUR SPOUSE

FREE EBOOK:  CONNECTION WITH YOUR KIDS

Follow The Dad Edge


Don’t settle for a mediocre life.

Join over 420 men becoming their best selves
in The Dad Edge Alliance.

APPLY HERE!


What did you think of the show?

What was your biggest take away?

Tag us when you share on social media!

#TheDadEdge

Twitter @gooddadprojct

Instagram @thedadedge

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *