FI Minded: Bridging Pre FI Discipline and Post FI Freedom in Financial Independence

My first big trip abroad was in 2015. I had just graduated from college the week before and wanted to do something fun. So my girlfriend and I flew to Europe and visited Prague, Paris, and Barcelona. It was a blast, and it left a lasting impression. Since then, I’ve traveled to 10 more countries.Lately, I’ve been getting more comfortable with international travel, and I’m starting to feel the itch to push beyond my comfort zone. Up to this point, most of my trips have been to first-world countries, major metropolitan cities, and usually with a group of friends or my partner.But I’ll be honest, I’m a little nervous to push the boundary. That’s why I invited Jon Otero on the podcast to help me break through those fears and build the confidence to travel more adventurously.Jon is the definition of an adventurous traveler. He has visited 35 countries and all 50 U.S. states, and he has done some incredible things, such as riding a camel in Egypt, scuba diving to sunken ships, and paratriking in Peru. His fearless approach to travel is seriously so inspiring, and I’m hoping to tap into a little of that mindset myself.In this episode, we talk about everything from navigating language barriers and understanding cultural differences to safety tips, solo travel, and ideas for your next adventure.Before we jump in, I want to say this: adventurous travel is defined by you. If you’ve never left the country before, going anywhere new might feel like a big leap, and that’s awesome. Even exploring a new part of the U.S. can feel adventurous if you’ve never been out of your home state. Don’t let social media or someone else’s definition shape what a great trip looks like. Go at your own pace, and most importantly, have fun.Let’s get into it. I hope you enjoy my conversation with the adventurous traveler and host of The Globetrotters Podcast…Jon Otero.Key Takeaways:How to navigate language barriers when you don’t speak the local languageTips for learning cultural customs before your tripStaying aware without being overly paranoid while travelingMaking solo travel fun (and not lonely)How to pick your next travel destinationUnderrated countries that deserve a spot on your listMore of Jon:Listen to the Globetrotters Podcast: https://www.gtspodcast.com/More of FI Minded:Email Justin at Justin@FIMinded.comConnect with Justin on LinkedIn: https://www.linkedin.com/in/justinleepeters/

Some money moves sound smart…until you actually try them.This is Part 2 of our special series where six personal finance experts share strategies that sound smart but rarely are. In this episode, you’ll hear from:Larry McMahon (Uncontrollable Me) on why doing everything yourself can be a costly mistakeSean Mullaney (FI Tax Guy) on when Traditional 401(k) contributions might not be the best choiceJeremy Schneider (Personal Finance Club) on why whole life insurance is rarely the financial win it's pitched to beMissed Part 1? No problem - each episode stands alone, but you’ll want to go back and queue it up next.Key Takeaways:DIY-ing everything can limit your growth and lead to costly errorsTraditional 401(k) contributions aren’t always the most tax-efficient routeWhole life insurance rarely lives up to the hypeEven experienced money nerds make mistakes—and learn from themMore of Our Guests:Check out Larry’s coaching practice at https://www.uncontrollable.me/.Watch Sean’s YouTube channel at https://www.youtube.com/@SeanMullaneyVideos.Follow Jeremy’s Instagram account at More of FI Minded:Email Justin at Justin@FIMinded.comConnect with Justin on LinkedIn: https://www.linkedin.com/in/justinleepeters/DisclaimerThe content shared by Sean Mullaney in this episode is for informational purposes only and should not be considered tax advice for any specific individual. Neither this podcast nor its host endorses Sean Mullaney, Mullaney Financial & Tax, Inc., or any of the services they offer.

Some financial strategies sound really smart…until they aren’t.In part one of this special two-part series, we’re diving into real stories from personal finance pros who once made money moves that seemed like great ideas... but turned out to be anything but.You’ll hear honest reflections from:Diana Merriam (EconoMe) on the allure, and pitfalls, of credit card churningJesse Cramer (Personal Finance for Long-Term Investors) on rethinking Roth conversionsJoel Larsgaard (How to Money) on why 529 plans aren’t always the no-brainer they seemI’ll also share my own story of trusting the wrong financial “expert” and how it led me to open a whole life insurance policy I didn’t need.We’ve all made money moves we later questioned. This episode is here to help you learn from them and avoid making the same ones.Key Takeaways:Whole life insurance isn’t the wealth builder it’s often sold as.Credit card churning can be more trouble than it’s worth.Roth conversions aren’t always a smart tax move.529 plans can limit financial flexibility.Even smart-sounding strategies deserve a second look.Mistakes are part of the journey - learn and keep going.More of Our Guests:Check out Diana’s EconoMe Conference at https://economeconference.com/Listen to Jesse’s podcast Personal Finance for Long-Term Investors at https://bestinterest.blog/personal-finance-for-long-term-investors/Listen to Matt’s podcast How to Money at https://www.howtomoney.com/More of FI Minded:Email Justin at Justin@FIMinded.comConnect with Justin on LinkedIn: https://www.linkedin.com/in/justinleepeters/

The Financial Independence community is great at saving and investing — but what about giving?In this episode, I talk with Spencer Reese from Military Money Manual about how to make generosity part of your FI plan without derailing your financial goals. We explore how charitable giving can reduce your taxes, align with your values, and help you overcome money scarcity by building an abundance mindset.Whether you’re early in your FI journey or already financially independent, this conversation will help you give with purpose — and make a real difference along the way.Key Takeaways:How to get more comfortable donating your moneyWays to balance your FI goals while supporting causes you care aboutHow charitable tax deductions actually workWhat a Donor-Advised Fund (DAF) is and why it might be right for youThe easiest DAF platform for first-time donorsWhy donating appreciated stock can be a powerful giving strategyHow to find ethical, effective nonprofits to supportTips for deciding how much to give (and when)Whether it’s better to donate now or wait until you’ve reached FIMore of Spencer:Check out Military Money Manual Podcast: https://militarymoneymanual.com/podcast/More of FI Minded:Email Justin at Justin@FIMinded.comConnect with Justin on LinkedIn: https://www.linkedin.com/in/justinleepeters/

Why are you chasing financial independence?It could be living a more adventurous life filled with travel or doing work you love, regardless of the pay. Whatever your dream looks like, it probably comes down to two things: freedom and flexibility.We want to be in the driver’s seat of our lives. And we know money is one of the biggest obstacles standing in the way. So we save, invest, and make sacrifices now, hoping it’ll give us more control over our choices later.But let’s be honest, it can feel like a grind. And sometimes, we want to enjoy more freedom now, not just someday. So... is it possible to live a FI life without the FI bank account?Jess from The Fioneers says yes. As you move through your financial independence journey, you unlock more freedom. All of the freedom doesn’t magically happen after you hit your FIRE number; it happens along the way.In today’s episode, Jess breaks down the five stages of FI, what kind of freedom comes with each one, lifestyle shifts to consider, and common traps that could leave you stuck in one of the stages. Jess shares a lot of alternative paths to financial independence that balance enjoying the moment while setting up your future self.Let’s get into it. I hope you enjoy my conversation with the sourdough maker and pioneer of SlowFI…Jess from the Fioneers.Key Takeaways:How to use the incremental freedom you gain as you get closer to FIAdopting a SlowFI mindset5 stages of FIWhy you’ll spend less than you think in CoastFICreating memories in van lifeMore of Jess:CoastFI Calculator: https://thefioneers.com/free-resources/More of FI Minded:Email Justin at Justin@FIMinded.comConnect with Justin on LinkedIn: https://www.linkedin.com/in/justinleepeters/

What would you do if you had to start over, completely from scratch?In this episode, I share the wild true story of Audrey, a woman who vanished in 1962 and was just found alive, 63 years later. Her story sparked a thought experiment: if you had to reinvent yourself, new city, new career, new hobbies, what path would you choose?We’ll explore what reinvention could look like through the lens of financial independence. I also share a sneak peek from my upcoming interview with Jillian Johnsrud and reflect on the passions and missed opportunities that still tug at me.More of FI Minded:Email Justin at Justin@FIMinded.comConnect with Justin on LinkedIn: https://www.linkedin.com/in/justinleepeters/

I get why some people aren’t into traveling. Long flights crammed in a middle seat, overpriced hotels that smell like smoke, and being miles away from the city center - none of that screams “dream vacation.”Now, I’m past the days of budget airlines and sketchy motels but I’m also not flying first class with lay-down seats or staying in luxury hotels in the city center that leave chocolates on the pillows.Financial independence has given me the freedom to enjoy travel with simple comforts, and I’m perfectly happy in that Goldilocks zone.But what if, once a year, you could take a truly glamorous vacation - without spending anything extra?In today’s episode, I’m joined by Chris Hutchins, host of All the Hacks. He shares practical travel tips to help you take those bucket-list vacations. Chris has earned tens of millions of points, traveled all over the world, and even took a 7-month trip with his wife, spending just $30 a day on average. Chris is a total travel savant and has a hack for just about everything travel-related.I do have to admit, though, I went into this conversation a little skeptical. I thought it might sound like a part-time job - chasing sign-up bonuses, juggling credit cards, and spending hours hunting for deals. But I was surprised by how simple many of Chris’s tips are and how much money they can save. Some of his hacks don’t even involve points or miles, just smart ways to get upgrades or better deals.I’m excited to try these out and travel more luxuriously without spending more - and I’m guessing you are too.So buckle up and enjoy my conversation with Mr. All The Hacks himself…Chris Hutchins. Key Takeaways:Which travel hacks might not be worth your time anymoreHow to use positioning flights to score better dealsEasy ways to boost your points and miles with “points side hustles”How to get free gifts and perks from hotelsA trick to find the same vacation rental for a lower priceHow to save money on car rentalsWhy slow travel can save you money and make the trip more enjoyableMore of Chris:All The Hacks Podcast: https://www.chrishutchins.com/episodes/50+ Ways to Earn More Points and Miles Without Spending More: https://www.chrishutchins.com/50-ways-to-earn-more-points-and-miles/More of FI Minded:Email Justin at Justin@FIMinded.comConnect with Justin on LinkedIn: https://www.linkedin.com/in/justinleepeters/

For most of us pursuing financial independence, the math is pretty straightforward: earn more, spend less, and invest the difference. But what if you could speed things up and discover a new passion along the way?That’s where side hustles come in. Not only can they give your FI plan a serious income boost, but they also let you explore projects that could become meaningful ventures in your post-FI life.But how do you find the right side hustle? How do you price your services, land your first clients, and balance it all with your career and personal life?That’s where today’s guest, Nick Loper, comes in. He’s the host of The Side Hustle Show and the creator of Side Hustle Nation, and he’s helped thousands of people start and grow successful side gigs.In this episode, Nick shares his go-to frameworks for generating side hustle ideas and strategies for pricing, finding clients, and maintaining a healthy work-life balance. Plus, he’ll break down the habits that set successful side hustlers apart.If you’ve ever thought about starting a side hustle, or want to make yours more sustainable, this episode is for you.I hope you enjoy my conversation with the side hustle explorer and expert himself…Nick Loper.Key Takeaways:Why side hustles are a perfect fit for the FI journeyHow side hustles have evolved over the past decadeFrameworks to generate profitable side hustle ideasHow to price your product or service effectivelyStrategies for landing your first clientsBalancing your side hustle with your full-time job and personal lifeHealthy habits to sustain your side hustle long-termMore of Nick:7 Proven Ways to Come Up with New Business Ideas: https://www.sidehustlenation.com/how-to-come-up-with-new-business-ideas/\The Side Hustle Show: https://www.sidehustlenation.com/side-hustle-show/More of FI Minded:Connect with Justin on LinkedIn: https://www.linkedin.com/in/justinleepeters/

Tariffs aren’t just for global trade - you can apply the concept to your personal life to protect your time, energy, and values.As we gain more financial freedom, how we spend and make money should evolve too. In this short and reflective episode, I explore the idea of personal tariffs and how I have applied this to things that may seem like a good deal on the surface, but actually come at a hidden cost to my time, energy, or well-being.I share three categories where I’ve started mentally “taxing” the lower-cost option. This isn’t about spending recklessly - it’s about making intentional choices that align with the life you’re building.If you’re on the journey to financial independence and want to feel better about spending in ways that support your health, happiness, and values, this episode is for you.Key Takeaways:“Personal tariff”- a mental cost you assign to choices that drain you, even if they save money.Building a life you’re proud of means prioritizing alignment over optimization.Financial independence isn’t just about money - it’s about creating space to live in a way that feels good.More of FI Minded:Connect with Justin on LinkedIn: https://www.linkedin.com/in/justinleepeters/

You’ve run the numbers a hundred times. You’ve built the spreadsheets, projected the growth, and calculated your safe withdrawal rate down to the decimal. On paper, money isn’t an issue. You should feel secure.But you don’t.Because even though the math checks out, the feeling doesn’t. The scarcity mindset, the one that pushed you to save relentlessly, doesn’t just disappear when you achieve FI. Instead, it lingers, making you question if it’s really enough.That’s why I’m excited to have Shannah Game on the show today. She’s a Certified Financial Planner and host of Everyone’s Talkin’ Money. Shannah has helped countless people break free from the mental traps that keep them feeling financially insecure, even when their numbers say otherwise.In this episode, Shannah is going to help us tackle that nagging sense of “not enough” and share strategies to shift from a scarcity mindset to one of confidence and abundance.I hope you enjoy my conversation with the cupcake-making, money-talking millennial…Shannah Game.Key Takeaways:Why you never feel like you have enough (even when you do)How to unlearn financial habits you inherited from your parentsWhy transparency in the FI community might fuel the comparison trapStrategies to shift from scarcity to abundanceA powerful journal prompt for overcoming scarcityHow to practice mindful money momentsMore of Shannah:Podcast: https://everyonestalkinmoney.com/episodes/More of FI Minded:Connect with Justin on LinkedIn: https://www.linkedin.com/in/justinleepeters/