Podcast: Play in new window | Download (78.9MB) | Embed
Subscribe: Apple Podcasts | Google Podcasts | Stitcher | RSS | More
Links from today’s episode:
Doug’s Personal Training Website: Monumental Strength
The top 5 downloaded episodes of 2019:
Side Hustles | Real Estate | Financial Independence
Last updated on By firedrillpodcast@gmail.com 1 Comment
Podcast: Play in new window | Download (78.9MB) | Embed
Subscribe: Apple Podcasts | Google Podcasts | Stitcher | RSS | More
Links from today’s episode:
Doug’s Personal Training Website: Monumental Strength
The top 5 downloaded episodes of 2019:
Last updated on By araminta Leave a Comment
Podcast: Play in new window | Download (Duration: 40:33 — 28.1MB) | Embed
Subscribe: Apple Podcasts | Google Podcasts | Stitcher | RSS | More
Have you ever dreamt of pursuing a digital nomad lifestyle?
Eric started his digital nomad journey by joining a work travel program called Remote Year after saving up enough of a cash buffer. His plan is to continue working remotely after Remote Year is over and living a full on digital nomad lifestyle.
You’ll love that story.
We also chat about…
Remote Year is a work travel program that offers accommodation and co-working passes to a group of people who live a digital nomad lifestyle together. Although a little on the pricier side, Eric argues this is a great way to try the digital nomad life along with a community. He gets to meet a lot of interesting people from diverse backgrounds and several different skills, all while travelling and working on his side hustles.
Eric is using geoarbitrage to make his money last longer – by earning in a strong currency and spending in a weaker currency in cheaper locations. Him and his girlfriend get to save more money and travel more. He also uses travel rewards, and recently started a blog to document his journey and make some extra money.
Eric was working a high paying job but lacked work life balance. He was always a decent saver and made sure to max out his tax advantaged accounts and avoid lifestyle inflation. He treated his saving as a game, and made it a challenge at the end of every month to find ways to cut back and save more. The most important: finding what your why is. That’s his plan for the year ahead.
Last updated on By araminta 1 Comment
Podcast: Play in new window | Download (Duration: 35:27 — 24.6MB) | Embed
Subscribe: Apple Podcasts | Google Podcasts | Stitcher | RSS | More
Mystery shopping might be the new travel rewards hack.
Johnny uses travel rewards and mystery shopping to go on holiday for free. Him and his wife are using rental properties to fast track their path to FI, with Johnny’s goal is to be able to take summers off by the age of 35.
You’ll love that story.
We also chat about…
Mystery shopping involves using a service for free and filling in a survey/review in return. This is usually done with restaurants, holidays and hotels. Johnny provides quality reports and literally gets paid to go on holiday or to eat a delicious meal at a restaurant. A new travel hacking technique?
The problem with many travel reward credit cards is that the minimum spend is pretty high, and that can put off some people, especially since you can’t pay bills with a credit card. Johnny and his family use a third party software that allows you to pay bills from your credit card, and if you don’t meet the minimum spend that month, you can prepay the bills or use a gift card. This is what allows him, his family and his in-laws to go on holiday to Jamaica at a resort, all for free.
Financial independence, Early Retirement, Real Estate investing and Six Figure Side Hustles are all topics discussed on FIRE DRILL. Download the FI Money podcast in iTunes, Stitcher, or your podcast app of choice. Learn more here.