Financially Independent Teachers

Send us Fan Mail Do you have kids? Grandkids? Nieces or Nephews? Will you potentially have kiddos one day? In this episode, Dave and Brandon discuss some qualitative and quantitative tips and tricks to set kids up for success. 529's to Roth Authorized Credit Card Users Financial Modeling Brokerage Accounts Talking Money ...More!  Be a guest on the show: https://www.financiallyindependentteach...

Send us Fan Mail Jackie Cummings Koski, is a personal finance educator & consultant. After overcoming poverty, divorce & single motherhood, Jackie reached F.I.R.E. in her 40s, making less than six figures. Before retiring, she grew her wealth to over $1 million and her story and personal finance tips have been featured on CNBC, Forbes, and Market Watch . She holds the Certified Financial P...

Send us Fan Mail Guest favorite, Gerry Born (AKA Millionaire Educator) is back on FIT to take part in a special FIT Q&A episode.  Gerry gives us a quick 5 minute life update and then dives into around 15-20 questions submitted by YOU, the FIT Family! Gerry covers a wide range of topics on this show and it is always a good time hearing his perspective. Be a guest on the show: https://www.financ...

Send us Fan Mail Barbara is a Chicago teacher who had to start at over at 45 years old. During the divorce, she took on $250,000 of the debt. Over the  course of the next 4 years, she paid everything off and even has 25k invested! To say she went scorched earth is an understatement! A side hustle, two side jobs and many 80 hour weeks behind her, she's now in a position at 50 to build wealth a...

Send us Fan Mail Gary and his wife Kim started their teaching careers in Vegas but quickly realized they could earn much more in their native home in Alaska. Because of their hire date, they were able to teach 20 years in AK and immediately draw on their pensions, netting them 6k per month. Retirees before the age of 50, they searched for the perfect retirement home and settled in northern AZ. In...

Send us Fan Mail Retired after 30 years of teaching in Texas, Chris has a net worth of almost 2 million. Chris was the breadwinner for the majority of his career as his wife dropped in and out of the workforce to stay at home and raise their kids. In this episode, Chris talks about how he got there and things to do as you prepare for retirement. You won't want to miss his journey, it wasn&apo...

Send us Fan Mail Trevor is our first ever teacher guest from Idaho! He started in outdoor education as a trail guide and mountaineer but has switched to being  an 8th grade science teacher across the border in Wyoming. Because of the flexibility and time off being a teacher, he is still able to side hustle in the outdoors as a mountain guide. Be a guest on the show: https://www.financiallyindepend...

Send us Fan Mail Throughout our journey on the FIT podcast, we've discovered a theme...many teachers have multiple streams of income. This show highlights some of the side hustles we've heard our teacher guests utilize to get out of debt and supercharge their investments. Be a guest on the show: https://www.financiallyindependentteachers.com/contact-8 Check out our website: https://www.f...

Send us Fan Mail Joel is a teacher and wrestling coach who makes it clear that his family isn't cheap, but they are frugal.  At 36 years old, he negotiated with his school and recently took the year off.  During this time, his wife is stepping away from education which was scary, but that’s about as fearless as it gets! Joel has started two businesses has learned a whole bunch along the way....

Send us Fan Mail Brian Preston is the founder and host of The Money Guy Show and Managing Partner and co-founder of Abound Wealth Management (an RIA with around $1 billion in assets under management). With over 25 years of financial planning experience, he loves helping people implement simple financial strategies that go beyond common sense. He started podcasting as a passion project in 2006 out...

Send us Fan Mail Ray Tran is the son of immigrant parents and is a financial literacy teacher, wealth/real estate coach, and real estate investor residing in Brooklyn, NY.   After graduating with a degree in Financial Economics, Ray began working at Ernst & Young. Despite his initial enthusiasm, he soon realized that the corporate world did not fulfill him so he quit his corporate job after re...

Send us Fan Mail After HS, Reese joined  the military and learned about retirement planning on accident in Korea. He is now 34 with a net worth of roughly 950k and has taken zero loans to buy anything besides mortgages. Reese made all the silly mistakes as a new teacher such as opening a 403b with Equitable but learned from being burned. From then, he made finances his passion.  Reese and his wife...

Send us Fan Mail Jason and his wife have two young children and are both teachers in Mississippi. Jason has become an expert in the area of benefits and the pension in his home state.  He is now sharing his passion for understanding these benefits will all teachers in his state. Although he knows he could be making more money in the private sector, he says that all of the benefits of teaching, esp...

Send us Fan Mail Tiffany began as a teacher in GA and was married to a teacher for over 15 years. However, they could never get on the same page in regards to their money. However, as she went through a divorce, Tiffany has been able to improve her financial situation and learn more about finances. Increasing her knowledge has become important of her long-term goals. In order to learn, she went ba...

Send us Fan Mail Sean Mullaney is an advice-only financial planner and the President of Mullaney Financial & Tax, Inc. Through Mullaney Financial & Tax, Sean provides advice-only financial planning for a flat fee. Sean writes the Plutus Award winning blog FITaxGuy.com on the intersection of tax and financial independence. He also has a personal finance YouTube channel and wrote Solo 401(k)...

Send us Fan Mail Is the grass really greener on the other side? Many teachers are filing for the exits to leave education but Nancy did the opposite.  Nancy spent  in the private many years sector in HR before moving into her role as a Career and Technology teacher in NC.  What are the pros and cons of each? Many teachers (myself) only know education...K-12 to college and then right into the class...

Send us Fan Mail What is the S&P 500 and why is everyone talking about it? Lucretia is the daughter of two teachers and spent 20+ years working for IBM.  After digging into teacher retirement options, she realized teachers all over were getting the raw end of the deal with high fees and bad products.    This has led Lucretia to retire early and start a passion project to help people build weal...

Send us Fan Mail Dave is a natural saver, Stephanie is a natural spender and BIG giver.  Together, they have been trying to make financial headway by living a very frugal and debt free lifestyle.   In December of 2019, their world was rocked as Stephanie was diagnosed with an aggressive and fast moving cancer diagnosis. Last summer, Stephanie's dad was in a life changing car accident that lef...

Send us Fan Mail Trevor and his wife are both special education teachers in the Bluegrass State.  In addition to Trevor's role in the classroom, he is also the varsity HS basketball coach at his high school.  Together, they paid off 140k of debt in a 3 year period. You don't want to miss this incredible story!  Be a guest on the show: https://www.financiallyindependentteachers.com/contac...

Send us Fan Mail Rachel has been teaching for 11 years, makes around $55,000 per year AND she is on pace to retire early and become a net worth millionaire...her NW is currently 500K at 32 years old! Her husband is also a middle income earner in the world of education and Rachel is on a mission to help teachers believe they can do it, too! Check out Rachel's fun and informative videos on Inst...

Send us Fan Mail Eric is a single teacher in Minnesota with a net worth north of 250k. Eric is currently a math interventionist and now has a much better work-life valence than being a classroom teacher. How can a 35 year-old making less than 60k make this happen? Listen to this week's show to find out! Be a guest on the show: https://www.financiallyindependentteachers.com/contact-8 Check out...

Send us Fan Mail Gavin has spent 15 years in the classroom with public and private school teaching experience in Southern California and calls himself the opposite of the FIRE MOVEMENT.  Gavin is married with two young children under the age of four while his wife stays at home. Gavin's net worth has hit the double commas and he is now a net worth millionaire.  Be a guest on the show: https:/...

Send us Fan Mail We are thrilled to have former colleague and friend, Brandon Akins back on the show! Brandon was the FIRST guest to ever record with us on the FIT Podcast in 2021.  How does Brandon manage being a dad (x2), coaching, side hustles, marriage and mindset? Check out his powerful podcast where Brandon talks about running his race and not being concerned about the opinions of how others...

Send us Fan Mail In a throwback to the early days, we have some bonus content for you! This is such good information, we had to keep recording! Chris Nye joins Dave and the Millionaire Math Teacher and he has been featured on the popular 403(b) Wise mini series titled "Learned By Being Burned" and has developed a passion for teaching his fellow teachers about the dangers of high fees and...

Send us Fan Mail Angie is a North Carolina educator in her 30th year! Single with no kids, she started her life over at 50 years old with debt and very little invested.  Today, she has over 200k in investments and is debt free (besides her home).  Angie started out as a agricultural teacher and eventually moved into a CTE position.  During her "starting over" period, Angie went back to s...