Podcast Takeover: The FI Show - Employee vs. Entrepreneur

Financial Independence Podcast

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2y ago 37:21

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Cody Berman and Justin Taylor, hosts of the FI Show, have both achieved financial independence but they've taken drastically different paths to get there.

Listen to this Podcast Takeover episode to hear the similarities and differences between an employee's path to FI (Justin's) and an entrepreneur's journey to FIRE (Cody's)!

Highlights

Live-in flip vs. house hacking
Sweet spot for buying used cars
Why focusing on fixed expenses is important
How to 5x your corporate income
The unlimited upside of entrepreneurship
How to get started investing if you're scared/nervous
Nest-egging vs. cash-flowing your way to financial independence
The benefits of a Solo-401(k) for entrepreneurs
Why the corporate world is great for certain types of people
Benefits and downsides of entrepreneurship
Why it's important to not keep up with the FI Joneses either

Show Links

The FI Show - https://thefishow.com
The FI Show's Mega Backdoor Roth Episode - https://thefishow.com/mega-backdoor-roth-solo-401k-explained/
The Mad Fientist's Mega Backdoor Roth Article - https://www.madfientist.com/after-tax-contributions/

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