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cover of episode Military Path to Financial Freedom - B.J. | MHFI 217

Military Path to Financial Freedom - B.J. | MHFI 217

2024/5/28
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Mile High FI Podcast

Shownotes Transcript

Doug and Carl chat with Air Force veteran & physician B.J., who shares his journey toward Financial Independence and life beyond material success.  B.J. discusses how military benefits like pensions & healthcare can pave the way to financial success, the personal growth he experienced after achieving FI, and the pursuit of deeper happiness beyond owning dream items such as a Lamborghini.  Post-military retirement, B.J. emphasizes the importance of giving back to the community and explores his decision to continue working, motivated by a desire to serve others.

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Links

(*Some affiliate links so we might earn a commission if you buy something)

EconoMe Conference)

Diania Merriam)

“Playing with Fire” movie)

Bill Perkins, “Die With Zero”

FinCon)

Elizabeth on MHFI Episode 212)

Jordan Grumet/Doc G)

Jordan Grumet, “Taking Stock”

David Brooks, “The Second Mountain”

Bill Yount & Jackie Cummings Koski/Catching Up To FI)

Dave Ramsey)

Military Dollar)

Doug Nordman/Military Financial Independence)

Doug Nordman, “The Military Guide to Financial Independence and Retirement”

Chris Hutchins)

Jackie Cummings Koski/FInomenal Woman)

Kiersten Saunders/rich & REGULAR)

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Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won’t even make such a claim. You shouldn’t take the info as financial, legal, or tax advice. We aren’t certified financial planners or advisors. We’re not qualified for much. So get advice from professionals.

Brought To You By:

The Doug Show, aka Affiliate Marketing & Side Hustles)

1500 Days, Carl’s Blog about Early Retirement)

Email us here: [email protected] or [email protected]

0:00 Introduction

5:18 Overcoming sunk cost fallacy

13:01 Military benefits

22:21 Living life & financial reflections

28:41 Community, connection, & finding fulfillment

32:41 The dream purchase

42:46 Reflecting on achievements & what truly matters

53:34 Additional military benefits

58:58 Financial literacy & education

1:04:55 Creating a life you want to live

1:14:39 Working on self, making a difference & squishy stuff

1:21:38 The perfect day

1:30:02 Soundcheck – Workouts