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With a blend of personal finance, entrepreneurship and personal development as a life optimization strategy that focuses on intentionality, freedom, community and ultimately happiness, today we chat with guest Jonathan Mendonsa, co-host of the Choose FI podcast.
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Key Insights
- Key Insight - What is FI?
- Key Insight - Learn the ways to drastically change your life through financial independence
- Key Insight - Discover your life cost and the options you have to fulfill it
Timestamps
- [00:33] - Welcome
- [01:29] - Meet Jonathan
- [03:31] - The timeline
- [05:06] - Spoiler alert - there is no get rich quick scheme
- [05:25] - "Get rich quick... ish!" - Jonathan
- [06:10] - "Financial independence at its core is this idea where you can get to the point where working is optional." - Jonathan
- [07:07] - Finding out what your life actually costs
- [12:15] - Opportunity cost
- [15:24] - Intentionality
- [18:31] - Throw your money at the things you really value and cut the rest
- [21:57] - FU money
- [26:40] - Book
- [29:50] - Take Away - It makes a difference, but only if you take action on it. Ask yourself what else you can do.
- [30:39] - Where to find Jonathan
Resources Mentioned
- Podcast - Choose FI
- Podcast - The FIRE Movement: Financial Independence, Retire with Entrepreneuership
- Leave Us a Review on iTunes - Let us know how you like the podcast. Ratings help more people who need the show to find it.
- Lifestyle Builders Starter Pack - Grab the templates and worksheets to help you get started as a Lifestyle Builder.
- Lifestyle Builders Incubator - Get the training, mentorship, and community support to launch your product or service.
- Apply For Coaching - Schedule a free discovery call with Tom to see if coaching can help take your business to the next level.
Find Our Guest
- Bio - Jonathan Mendonsa is the co-founder of the ChooseFI podcast. ChooseFI blends personal finance, entrepreneurship and personal development as a life optimization strategy that focuses on intentionality, freedom, community and ultimately happiness. Jonathan started his career as a pharmacist with $168,000 in student loans. He aggressively paid off the loans in 4.5 years and using the tenets of Financial Independence to cut his life expenses significantly, left his corporate job to focus on full-time entrepreneurship 9 months after starting the podcast. Please welcome, Jonathan Mendonsa
