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083R | The Hobby Checkbox

Recap of Monday’s episode with Cody Berman, a checklist to optimize your hobbies, a highlight on the San Diego local group, and messages from the ChooseFI community.

  • What great present did Brad receive from his mother for his birthday this past week?
  • Brad recaps his first local adventure with his family.
  • Jonathan presents an idea for a small business for Brad’s daughters.
  • Will Brad be on the next “Survivor”?
  • Jonathan remarks about the advantages of taking challenging courses in high school and earning early college credits.
  • How can students finish college early, to minimize the opportunity costs of college?
  • Brad recommends setting up “canned responses” in Gmail to optimize your emailing.
  • Review of the value of jobs in college and what types of jobs could be the best for a student.
  • How can one job help develop your FI potential in multiple ways?
  • How can you optimize your hobbies?
  • Related article: How To Get The Most Out Of Your Hobbies
  • Jonathan’s checklist for hobbies
    • 1. Enjoyment: it’s bringing enjoyment to your life.
    • 2. Cost: it fits within a price range that you’re comfortable with.
    • 3. Networking: brings you into a community.
    • 4. Fitness: it makes you healthier.
    • 5. Skillset: it adds to your current skillsets.
  • Brad mentions the importance of pursuing mastery.
  • Brad and Jonathan practice evaluating hobbies, determining whether they’re productive hobbies.
  • Brad and Jonathan will be at Project Movement in Philadelphia. Catch up with them for a ChooseFi meet up on Sunday, July 22 at Yard Brewing Co. at 6 p.m.
  • The San Diego ChooseFi group has begun using real-life submitted scenarios to develop FI plans for group members.
  • Dan, from Facebook, is excited about replacing the air filter in his car – learning a new skill and saving money on car maintenance.
  • Charlene is excited that her 15-year-old son requested setting up a Roth IRA for her son.
  • Daniel, an active ChooseFi listener, mentions that the Navy Federal Credit Union just opened a new platform called “Easy Start Investor” for Navy Federal members, which shares some similar advantages as M1 Finance.
  • Jonathan summarizes some of the benefits of M1. Check out our full review of M1 Finance to learn more.
  • Message from Prussant, spoke with a group of new, young-adult recruits at work to introduce them to the concepts of financial independence.
  • Leave a ChooseFI review by Monday, July 16, to win a set of discs from Cody Berman.

Links:

M1 Finance

Arsenal Discs

Firedrill Podcast

Stacking Benjamins

The Simple Path to Wealth

Design Your Future

Freelance to Freedom

Choose FI has partnered with CardRatings for our coverage of credit card products. Choose FI and CardRatings may receive a commission from card issuers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities. American Express is a ChooseFI advertiser. Disclosures.
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