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What Do You Want To Be When You Grow Up?

Podcast

Ep. 383 What Do You Want To Be When You Grow Up?

Jessica's FI evolution from traditional retirement to entrepreneurship. Coast FI strategy, location independence, and aligning passion with profit.

Brad Barrett, Jonathan Mendonsa · · 118,936 plays
48m 22s
  1. Introduction to Jessica
  2. Jessica's Journey to Entrepreneurship
  3. Location Independence Plans
  4. Societal Pressures in Career Choices
  5. Understanding Slow FI and Coast FI
  6. Experimentation and Confidence
  7. Conclusion

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Most people cling to careers they've outgrown because they fear what comes next — but what if you could test-drive your dream life without burning everything down? Jessica, who previously appeared on episode 229, has spent the past two years doing exactly that. She quit her job to launch a coaching business, and now she and her husband Corey are planning a three-week road trip through Maritime Canada while working remotely. Their story challenges the rigid either/or thinking around financial independence and careers, revealing how concepts like Coast FI and Slow FI can create breathing room to experiment with what you actually want.

Timestamps

Introduction to Jessica
Jessica shares what's changed since her last appearance on the podcast.

Jessica's Journey to Entrepreneurship

  • Started a coaching business on the side
  • Transitioned to full-time entrepreneurship
  • Importance of aligning work with personal values

Location Independence Plans

  • Plans for a three-week road trip to Maritime Canada
  • Exploring the concept of working from the road

Societal Pressures in Career Choices

  • The 'shoulds' imposed by society
  • Understanding personal desires versus societal expectations

Understanding Slow FI and Coast FI

  • Slow FI: an intentional pace towards financial independence
  • Coast FI: reaching a savings point for long-term financial goals without further contributions
  • Coast FI Explanation

Experimentation and Confidence

  • Experimenting with different life choices to find satisfaction
  • Taking small actions and learning from them

Key Quotes

Jessica: "Aim to be a person who loves life and inspires others."

Jessica: "Financial freedom opens doors to being and doing anything you desire."

Action Steps

  • Identify one area in your life where you can experiment and test a new direction
  • Reflect on and differentiate between what you want versus societal 'shoulds'

Resources

Read Transcript

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