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My name is Rachel Teodoro and I am a mom of three kids living in the greater Seattle area with my husband Mike, who is a mechanical engineer. We met while attending Purdue University in West Lafayette, Indiana. I am a lover of all things thrifty and can be found trolling for garage sales nearly every weekend. I like to craft, create and decorate my home with my thrifty finds. I am always happy to share my tips and tricks for living well on less. From Rachel's website -...

We are Ali and Alison Walker, and we used to call Seattle, Washington our home. We met in 2004, married in 2006, and retired in 2018. After reaching Financial Independence we wanted a complete and total change from our career-focused lives. We decided that meant leaving our Seattle life behind and making travel our new lifestyle. By November of 2018 we had sold our home and car, let go of 99% of our belongings, and left Seattle to travel the world indefinitely. From their blog, All...

An important discussion about the Baby Boomer generation and healthcare in the US with Medicare insurance expert Danielle Kunkle.

Nancy's freebie on the decision making process: http://bit.ly/3aoJItS Her YouTube channel: https://www.youtube.com/c/drnancyli

Enjoy this special live podcast episode with Dave Homyak. You can join the Facebook group here: https://www.facebook.com/groups/firedrillpodcast/

Today's episode is with Sasha of Your Frugal Friend blog and Etsy shop. Sasha is a thirty-something mother of two and accountant who makes incredible budgeting spreadsheets and sells them on Etsy. She has paid off over $60,000 of debt to date and is on the path to financial independence in Austin, Texas. Blog: https://yourfrugalfriendblog.com Etsy Shop: https://www.etsy.com/shop/yourfrugalfriend YouTube Channel: https://www.youtube.com/channel/UCSdYcA05sGe2WkzlvQ00CwA Etsy...

Today's episode is sponsored by the EconoMe Conference which is a conference for the financial independence community on Saturday, March 7th, 2020 in Cincinnati, Ohio. Fire Drill listeners receive 10% off tickets for this event using the code FIREDRILL. Learn more here: https://economeconference.com

Episode show notes are here: https://firedrillpodcast.com/2019-review

Have you ever dreamt of pursuing a digital nomad lifestyle? Eric started his digital nomad journey by joining a work travel program called Remote Year after saving up enough of a cash buffer. His plan is to continue working remotely after Remote Year is over and living a full on digital nomad lifestyle. You'll love that story. We also chat about... Eric's background What Remote Year is like How he's planning on making an income A day in the life of a digital nomad For show...

Mystery shopping might be the new travel rewards hack. Johnny uses travel rewards and mystery shopping to go on holiday for free. Him and his wife are using rental properties to fast track their path to FI, with Johnny's goal is to be able to take summers off by the age of 35. You'll love that story. We also chat about... How to make the most of travel rewards Where to get travel reward information The value of mystery shopping For show notes and takeaways:...

One of the best ways to increase your income is to do a career transition Caitlyn changed from sales in the beer industry to working as a software engineer. After an intense 6 months completing a coding bootcamp, she was able to find a higher paying job as a software engineer with a better work life balance and pretty much everything she was looking for in a job. You'll love that story. We also chat about... Caitlyn's early career How she completed the coding bootcamp How she...

Is property part of your portfolio in order to reach FI? Maria and her husband own 9 rental properties, and have a net worth of over a million. They're aiming for a net worth of $3 million in order to reach FI, and have some pretty nifty real estate hacks to share with us. You'll love that story. We also chat about... Maria's personal finance journey Canada's maternity leave Dealing with tenants Future FI goals  For show notes and takeaways:...

Do you include your house and car in your overall net worth? Rachel and her family are aiming for a FIRE number of $2 million. Her and her husband focus on a high savings rate, prioritising their budget and building a side income to speed up their journey. You'll love that story. We also chat about... Budgeting categories How they manage big expenses Their total net worth How Rachel is participating in GCV's blogging and Etsy course For show notes and takeaways:...

Do you dream of retiring before your 40s? Amon and Christina retired at age 39 and moved to Portugal with their two daughters. Thanks to their government jobs, they were able to achieve a very high savings rate of 70% and build a nest egg of 25 times their annual expenses in just 8 years. They've now been retired for 3 months and enjoy their time relaxing and spending more time with their girls. You'll love that story. We also chat about... How they got started on their...

In what way would a medical disability change the way you approach financial independence? Zero has had to deal with brain surgery and has had rheumatoid arthritis for a few years. It affects her work situation, her financial situation and her physical health, so she's had to adapt her path to FI with side hustles, passive income and insurance. You'll love that story. We also chat about... Her medical history Why she's prioritizing her body Her current financial situation How...

Have you ever thought of turning your own community into a 6 figure side hustle? Melissa started a local community Facebook group to help locals find out what's going on in town, recommend businesses to each other and work on initiatives together. This community group now provides her with a full time income and the flexibility to work when and where she wants. You'll love that story. We also chat about... How to monetize a Facebook group What to charge and to whom The emotional...

What are 10 things you would want your child to know about money? Chelsea quit her job as a hedge fund manager 2 years ago and decided to pursue entrepreneurship to stay at home with the kids and take care of herself. She's working on building a blogging income and is the organizer behind the Mama Talk Money Summit next week. You'll love that story. We also chat about... Entrepreneurship and work life balance How she's adjusted her spending habits Managing maternity leave The...

Everyone's dream is to earn a healthy passive income every month. Jennifer and her husband earn 6 figures every year in passive income from their real estate business. The interesting part? They follow a slightly different business model and strategy. They also spend most of their time travelling around the world with their 4 year old child. You'll love that story. We also chat about... How Jennifer got started with real estate Her property criteria How to travel with a 4 year...

Imagine travelling the world and only paying for the flights. Diana is a full time travel blogger. Thanks to her blog she gets to try out hotels, resorts and adventure packages for free in exchange for a review or social media posts. She also makes money blogging and recently released a course to learn how to pitch to companies. You'll love that story. We also chat about... Diana's journey as a travel blogger Her different travel adventures How she makes money online How to get...

Have you ever considered travel blogging as a full time hustle? Emily and Bernie are full time travel bloggers and photographers. They make money blogging, working for clients, selling prints and many other projects that earn them several different income streams, all while travelling and working from home. You'll love their story. We also chat about... How they became travel bloggers Their blogging niche How the make money from their blog Short term and long term financial...

Have you ever considered quitting your job to start a business? Emily was working as a journalist, but an 'aha' moment made her realise that she wanted to do more meaningful work, and so she set up a flower company that caters to weddings and private events. She now has 5 employees and her business is growing steadily.  You'll love that story. We also chat about... Why Emily left her job as a journalist Why she went into the flower business The process of starting a...

Are introverts more interested in FI than extroverts? Drew is an introvert on his path to FI, who was able to boost his career, finances and personal relationships by understanding his introversion and optimising his daily schedule. You'll love that story. We also chat about... What introversion really means The turning point of his career Starting his FI journey His current mindset with regards to FI How having a child changed his path to FI For show notes and takeaways:...

James and Emily retired from the rat race at the ages of 27 and 28. Through real estate investing and frugality, they managed to hit their Cashflow FI number in 3 years. Using their Cashflow strategy, they're planning to travel around Europe and continue to manage their properties from abroad. You'll love that story. We also chat about... Their turning point to reach FI Being Cashflow FI Their real estate journey Leaving their jobs and travelling around Europe For show notes...