74. Crafting Your Best Life Now Before FI w/ Justin Peters of the FI Minded Podcast
Description
Justin Peters the host of the FI Minded Podcast (formerly the Struggle is Real Podcast). Started in 2020 and now has over 175 episodes. FI Minded is for anyone who wants to achieve financial freedom, live life on their own terms, and, most importantly, enjoy the journey along the way! After a 7 month sabbatical in 2020, he got into entrepreneurship after 7 years in corporate and now runs a podcast production company (SimplePod Studios), reducing his 9-5 job to part time. I really wanted to get Justin on the show because we share a similar message, which is about enjoying the journey to FI and taking advantage of the incremental freedoms you unlock on the way. Justin’s reached Coast FI and has unlocked a few of those things on his journey and its what we’ll be talking about today...
The things you’ll learn:
- His FI number target and progress to date
- His investment portfolio split
- His 8 year FI journey and what started it
- His salary, expenses and savings rates
- Transition from corporate to entrepreneurship
- How he’s less concerned about saving now
- His 7 month mini-retirement
- Advice for taking a sabbatical and what to do on one
- The projects he started while on sabbatical
- His podcasting story
- Going back to work after a sabbatical
- Downshifting to a part time role to focus more on his business
- How his business aligns with his identity
- How to negotiate part time work with your boss
- Reaching Coast FI & incremental freedoms on FI journey
- How he structures his week for success (juggling podcasting, part time role and business)
- What would change in his life if he reached FI
- Working towards building a life you don’t want to retire from
- The power of ‘FI Bucket Lists’
“There are smart managers out there that realise they’d rather get a portion of a very high performing employee than a 100% of an underperforming employee” (Justin on negotiating part time work)
Quick-fire round questions at the end:
- Something he wished he done 10 years ago
- The daily habits that helped him in his life
- His most important lesson in life
- His transformational book recommendations
- 1-2 small things listeners can do this week to get started
Justin Peters (Links):
- FI Minded Podcast: https://podcasts.apple.com/us/podcast/fi-minded-achieve-financial-independence-have-fun-doing-it/id1496701179
- Linked-In: https://www.linkedin.com/in/justinleepeters/
- Instagram: https://www.instagram.com/justinleepeters/?hl=en
- Podcast production: https://www.simplepodstudios.com/
Freedom Before FI Links:
- Free Guides: Download the free ‘Freedom Ideas’ Cheat Sheet and the free ‘Find Your Purpose’ worksheet at: https://freedombeforefi.com/free-guides/
- Website: Check out our resources and services at www.freedombeforefi.com
- Email: If you want to connect, send me a note at greg@freedombeforefi.com
- Instagram: or send a DM at Instagram Link
- Linktree (all links): https://linktr.ee/freedombeforefi
Disclaimer: This podcast is for informational purposes only and should not be considered as financial advice