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Fees, Frugality, and 401K Fears | Ep 428

In this episode: personal investments, 401k contributions, FI is for everyone, travel rewards, task management, and taxes.

On what is considered a very personal journey, how do you handle changes that feel like setbacks? Whether it’s spending more when you feel you should be saving, or re-evaluating goals based on what needs immediate attention, do you feel equipped to handle it with confidence? This week we are having a weekly roundup and are re-joined by Ginger to not only answer listener’s questions, but discuss travel rewards, retirement accounts, and breaking away from the ultra-frugal caricature often depicted alongside FI. While saving is an essential factor on this journey, the main purpose of FI is to learn and live your life with intention as it relates to your money, goals, and values. Remember that it’s okay if some of your goals and values will change along the way! Allowing yourself to be flexible as it relates to external factors, like market volatility and your investments, will give you more power and control to continue ahead with confidence and optimism! 

Timestamps:

  • 1:04 – Introduction
  • 3:31 – FI Is For Everyone
  • 9:16 – Personal Investments
  • 14:08 – Paying For Experiences
  • 19:09 – An Introduction To FI
  • 28:20 – Task Management
  • 35:19 – Travel Rewards
  • 47:06 – 401k Contribution Question
  • 61:00 – Tax Season Hack
  • 68:51 – The Content We Are Consuming
  • 75:28 – Conclusion

Resources Mentioned In Today’s Episode:

M1 Finance

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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