The Unconstrained Podcast

This is the first recorded listener interview in which Myles sits down with listener Alex and talks about his journey and challenges to be unconstrained. We hope you enjoy hearing his tale and how he has committed to the unconstrained journey.

I speak to a lot of people who are trying to attain financial independence and the reasoning goes something like this - I dont like my job, so I want to make a lot of money, save it and quit.. I also speak to those that have done that, and they are not necessarily happy either. Lets put this all into perspective, and talk about Why we do this.

I was recently asked by a listener who is in his 20s, what my life looked like back then, and what did I do in my career, and what I learned from it. Let me venture down my memory lane, tell you what I learned and you might get to know me a bit better by the end of this episode. Strange thing is that I think I know myself better from recording this now.

It has taken me decades of mistakes to come to the realization of all the time wasting business endeavors that Ive pursued and how stupid they were. Not because they didnt make money, but because they became an albatross around my neck due to misunderstanding the entire point of Smart Income. In this episode Im going to tell you the secrets, so you can avoid my mistakes and fast track yourself to...

We've been programmed into thinking about saving for retirement like it is a ceremonial event throughout our working lives, and that if we dont do this we are doomed to live on the street, in a cardboard box, or die early. Im going to dispel some of these myths and explain some alternative thinking you might want to entertain in this episode.

When I speak with people that are working a 9-5 job, investing in their 401K, etc. they ask me why they are not getting ahead. It is hard to tell them this, but Ill tell you - it is because they are not taking any responsibility for their lives and deferred it to a third party. The unconstrained know the buck stops on their desks so lets have a chat about responsibility.

There is no progress without risk. Investment returns are tied to risk. You get up in the morning and live your life - thats a risk. There are risks everywhere. The key is knowing your tolerance for risk, how to manage and live with them, and seek out enormous returns with proper risk management.

The traditional thinking of Financial Independence is to amass a large amount of cash by savings, then invest it at interest rates that return more than a draw rate, and eventually you can retire. In this episode we are going to burst that bubble by focusing on the falacies of this approach and how Financial Sustainability offers a contrarian position that you might want to entertain.

This episode shines a light on the choice of going to college. Parents and students are trying to make the right decisions for this important choice. I am going to give you some ideas you may not be yet considering... The Red Pill approach.

I am 100% financially sustainable because of my rental real estate investments. But it didnt start out that easily, so Im going to share what worked and what didnt work in my real estate portfolio and how, once you discover what works for you, you can scale it to the moon and live 100% financially independent and sustainable.

History teaches us that the path to immense wealth involves punting on the future. Today Im going to focus on what I see as innevitable changes coming to the world in the next five or ten year horizon, how this impacts those pursing financial independence and early retirement and how that may underscore the importance of being unconstrained.

After a recent discussion with someone on Twitter, I tried to explain how simple it is to achieve financial sustainability. All I received back after offering this information were excuses... But I cant do that? or How can I get enough money to make a downpayment on a rental property?. It seemed that every answer to how to live unconstrained was rebutted with a perception on why that person couldn...

I've seen with my own eyes how Australia sold itself out to China and may as well now be a province of Beijing. But this happens at the ground floor with individual decisions so lets expose some of the danger here and what you can do to avoid becoming constrained by yet another rising empire regardless of where you live on this planet.

Spoiler Alert: I dont know the answer to this question. But in my quest to understand it, and the art of using it to acquire what we need, Ive discovered many stories and hacks along the way. In this episode Im going to tell a few of them, including an overview of my adventures with Bitcoin.

What is the #1 thing that new retirees do? Travel. By reclaiming their right to their time, travel becomes the best use of it. But if you consider yourself to be a free spirit and a citizen of the planet, you will already know that travel comes with huge benefits and many are not obvious until you get out there and see the world. Lets talk about why internationalization and travel are critical act...

On this episode we discuss the methods of protecting yourself, your assets and your businesses in the 21st century, and how most of the time you are your own worst enemy when it comes to asset protection.

On this episode we delve into the dysfunction and constraints of the US healthcare system and how I recently got better outcomes for 1/10th of the cost, by having major surgery in a foreign country.

In this episode we will talk about how to make your income with Smart money, how to focus your brain and habits to find opportunities that no one else finds, and Ill give you a real world example one investment strategy, not the only one, but one that has worked for me before.

In this episode we look at the first stage in setting up a life for financial sustainability - getting your expenses under control and your BURN RATE.BURN RATE is critical to having the flexibility to move towards a life based on passive income generation (or financial sustainability as we call it) and we show you the truth behind the concept that $1 saved = $3 earned.

We discuss the secret to living an unconstrained life by disclosing the secret of how one must use Financial Sustainability and focus on their burn rate. We introduce the math of the process and how the current FIRE followers are basing their efforts on a flawed paradigm.

This is the philosophy of Financial Sustainability. In this first FS episode, we talk about the concepts and methodologies of FS, introducing the concept of how capitalism works and the expectations it has for any participant. We explain about accounting and record keeping, so give you the tools you will need to measure and optimize your finances to keep you unconstrained.

Introducing the Unconstrained Podcast and the concept of being unconstrained through the art of Financial Sustainability. Similar to the concept of Financial Independence and the FIRE movement, being unconstrained focuses on the mistakes of most people in the 21st century that results in a life of debt, enslavement and lack of freedom. We provide solutions to these problems, so spend some time wit...