The Financial Independence Show

In this episode, Cody and Justin discuss one of the most heated investing arguments. Should you hand-select the “best” companies, or invest in the total stock market? Some topics include: Individual stocks are often investors’ first exposure to the stock market The mental drag of stress from volatility How individual stocks can scratch the itch Setting non-negotiable limits More...

In this episode, Cody and Justin talk about something we thankfully haven’t had to deal with for the majority of the last 10 years. We’re talking Bear Markets and Recessions. We originally aired this episode back in 2022. This goes to show that there will always be cycles. Should your investment strategy change? Is there anything you can do to lessen the blow? How do inflation and mortgage r...

Long-time listeners may remember Brooke from her feature in Episode 134 way back in 2021. Brooke had already begun to build some impressive businesses but was still spending her days as a teacher. Since then, she’s gone all in on her career as a real estate agent. But Brooke didn’t simply become an agent , she quickly rose to the top 1% in MA, CT, and RI. To put some numbers on that, B...

What kind of wild advantages do you need to retire at 33 comfortably? How extreme must the deprivation be to do this without a miracle? What if we told you that there’s no inheritance needed and you can thrive while on the journey? Justin shares his full journey (including all of the numbers) and how he retired at age 33 on BiggerPockets Money. Some topics include: Low-Income to FI Searching...

Cody & Justin have worked hard on their finances and fitness over the past few years. Through these pursuits, they’ve noticed many similarities in the methods it takes to be successful in both. Some of these areas include: Compounding Tracking Social norms Mentality Budgeting Unfortunately, the fitness and finance worlds have been purposely overcomplicated for financial gain. We hope we...

Is it really possible to reach financial freedom in your 20s? Cody shares his full journey (including all of the numbers) and how he reached financial freedom at 25 on BiggerPockets Money. If you enjoyed this, please share this episode with a friend! Links From the Episode Cody on BiggerPockets Money Join the Community We’d love to hear your comments and questions about this week’s episode. Here a...

It’s been a while since Cody & Justin were able to catch up on life’s events, so you’ll hear all about it on today’s episode. You’ll hear about Cody’s latest house flip and Justin’s Alaska/Portland/Washington/Puerto Rico/Africa adventures They’ll also take you through some interesting finance articles they read recently including: A California la...

Cody breaks down his various income streams on the Growth House Podcast and how he used them to reach FI at age 25. If you enjoyed this, please share this episode with a friend! Links From the Episode Jesse Ray on The FI Show Growth House Podcast Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get invol...

From an early age, Ramon knew that he wasn’t cut out for corporate America. So, in his early 20s, with only $1,000 to his name, he took a chance and got his real estate license. After many hard lessons yet eventual success, he decided to open his own brokerage just two years later. The astonishing thing is that Ramon opened a brokerage when he was only 24 years old. He now runs one of the to...

How much money you make is certainly an important factor for early retirement. However, it’s not the most important factor. The amount you keep is truly what matters. This is largely driven by how much you spend and how much you give to the government. Giving to the government is a reference to your tax bill and that’s where Tom Wheelwright comes in. Tom runs WealthAbility where he hel...

Cody & Justin both “retired” pretty early and are known to be frugal, but what do they surprisingly splurge on? That’s exactly what you’ll hear in today’s episode. We cover travel, services, luxury items, health, etc. Some things, like Justin’s cell phone upgrades or Cody’s gourmet meats, might surprise you. Overall, it’s abundantly clear after h...

What’s better than just making money? Making money while you sleep. Ryan Hogue joins us today to give us a major deep dive into several passive income streams. The two big ones are fulfillment by Amazon (FBA) and print-on-demand (POD). Print-on-demand is especially compelling because it requires no risk and is extremely passive. Just come up with an idea…or even just a word. Customers...

W-2 jobs don’t often get a ton of love in the financial independence space. However, we’d argue it’s the most likely path for the largest percentage of people. Especially when you learn how to really squeeze all the value out of that career. Brian Feroldi joins us to discuss just how to do that. Specifically how to leverage Stock-Based Compensation (SBC). It’s possible that...

The podcast has been around for more than 5 years. That means it’s actually old enough to follow our entire journey to financial independence. Jesse Ray was listening to our episodes back in 2020 sitting in his cubicle. Less than 2 years later, he retired from the corporate world and we’re pumped to bring you his story today. Jesse has cultivated a co-living brand ( Growth House) and r...

Who doesn’t want to vacation more? Too bad it’s so expensive… But what if it was cheaper than living your normal day-to-day life? Introducing Geohacking. Geohacking is when you rent out your primary residence while you travel to a cheaper cost-of-living part of the world. Justin and his fiancé Leslie just recently spent a week in Puerto Vallarta. The cost of their oceanside condo...

In today’s episode, Cody and Justin are joined by the insurance guru from Simply Insurance , Sa El. Sa El got started after a tragedy in the family and is now trying to make sure that never has to happen to anyone else. In this episode, we cover every type of personal insurance: Health Dental Life Renters Car and more We also jump into the problems with our health insurance system in the United St...

A financially independent life sounds pretty amazing, but do you want to spend it alone? Most people want time to spend with their loved ones, and none more than their life partner. Maybe you already have yours, or maybe you’ve never even considered how this would change your path. Either way, today’s episode is for you. This episode was inspired by Justin’s recent engagement! Th...

Our favorite part of the financial independence community is just that, the community. And no one embodies the principle of community better than Matt and Joel. They are also the dynamic duo behind HowToMoney  and the How to Money Podcast . We’re such huge fans of these guys that we decided to dig into the archives and replay their episode for our listeners who may have missed this one. This...

Scott Trench and the folks at BiggerPockets have made real estate investing much more approachable for a massive amount of people. They’ve truly built a holistic empire of real estate education. And while we’ve had Scott on the show before, it was a few years ago, and a lot can change in a few years. In today’s episode, we focus on the state of real estate and the economy as a wh...

When it comes to networking, Mason Miranda is world-class. Within his first year of investing in real estate, he was able to purchase 62 units… with none of his own money. Tune in to hear the tactics and strategies he used to pull this off. And as always, if you enjoyed it, please share this episode with a friend! Links From the Episode Mason’s Instagram Mason’s Facebook YouTube...

Unfortunately, sometimes it takes a potentially life-altering event to step back and reevaluate your life. For our guest Joel, it was a potentially fatal car crash that his wife was involved in. Luckily she was okay! But it was certainly a wake-up call. After much reflection, they figured out what they truly valued and cut down their monthly expenses by a whopping 70%… Yes, 70%! These change...

What is that one thing you know would make you happy? The problem with that answer, is that often what we know turns out not to be true. We often think we need more (time, things, square footage, vacations, etc). In reality, what we need to be happy is already within reach, the real problem is our mindset or confusion of priorities. Cody and Justin reflect on travels to places where people have so...

When your goal is financial freedom, your tax strategies may look a bit different than the average Joe or Jane. In this episode with Keith from the Wealthy Accountant (originally aired in 2019), we dive into some of the best tax strategies for the FIRE community and how you can benefit. If you enjoyed this episode, don’t forget to share this podcast with a friend! Links From the Episode Weal...

Can you really pursue financial independence at a young age and still live an exciting life? Frivolous hobbies have to take a back seat right? Sean and Alex are living proof that you can indeed build a life full in both riches of money and experience. Justin got introduced to Sean and Alex when they reached out for some financial coaching. It was quickly obvious that this couple had accomplished a...

We’re money experts and would never fall for a financial trap right? Not exactly… Over the course of our lives, we’ve made some pretty bad money moves. It is scary to think about how much more money we could have had at age 65 if we hadn’t blown that money. But we’re all human, and we all make mistakes. And that’s really what we want you to take away today. Unde...