443: The Entrepreneur’s Guide to FI: A Day in the Life of a Finance Blogger
A “wife-FI,” semi-retired finance blogger? It sounds like an exciting life, but what does it entail? Today’s guest didn’t arrive here overnight and doesn’t recommend it for everyone. What he does recommend, however, is identifying the type of financial independence you want and then working hard to achieve it!
Welcome back to the BiggerPockets Money podcast! Today, we’re chatting with J Money, one of the pioneering finance bloggers who started his journey toward financial freedom back in 2007. After catching the personal finance bug, J decided to document his progress on his blog Budgets Are Sexy. After selling the blog to The Motley Fool and buying it back a few years later, J now blogs for fun, spends time with his three kids, and otherwise goes with the flow.
In this episode, J shares about the “wife-FI” lifestyle and how he invests his money for the long haul. He also opens up about his recent autoimmune disease diagnosis and how it affects his family’s finances today. As always, Scott and Mindy are here to tackle all kinds of financial topics—including the debate between renting and home ownership, paying off your home versus keeping a home loan, and how to invest amid a potential economic downturn!
In This Episode We Cover
A typical “day in the life” of a semi-retired finance blogger
The pros and cons of owning versus renting your home
When it makes sense to pay off your home or keep a mortgage
Where to invest your money in a shaky economy
Budgeting for monthly expenses and medical costs on one income
And So Much More!
Links from the Show
Click here to check the full show notes: https://www.biggerpockets.com/blog/money-443
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