Author Topic: Who else is listening to the Choose FI podcast? Can we discuss?  (Read 4187 times)

CloserToFree

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I've been listening to the Choose FI podcast since it started (http://www.choosefi.com/choosefi-radio-finance-podcast/) and have really mixed feelings about it.  I love that they put out new episodes frequently so there's always something for me to listen to, and the content seems solid.  I love their guests (most of whose blogs I follow separately) and I love keeping a steady stream of podcast content in my life to reinforce staying the course with my FIRE plans and frugal living. But I get a little bit of a used car salesman vibe from the way they approach the podcast -- they keep talking about how great their last podcast was, how awesome it is that they're putting out this content into the world, etc. -- I appreciate the positivity and enthusiasm, but it's a bit much.  And like some of the other personal finance podcasts I've started listening to but stopped (Radical Personal Finance comes to mind), there's a LOT of excess word use and redundancy, and a bit of a dude-bro vibe that I'm not very into.  And then I downloaded the ebook of one of the hosts, Jonathan Mendonsa (called "The Road Less Traveled: a Blueprint to Financial Independence"), and just thought it was pretty poorly done, so that turned me off more. 

On the other hand, I got a lot out of Travel Miles 101 (by the other co-host, Brad Barrett) so that makes me want to give Choose FI more of a chance.

Is anyone else struggling with a love-hate relationship with this podcast?  I'm really on the fence about whether to keep listening or not!   

chasesfish

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Re: Who else is listening to the Choose FI podcast? Can we discuss?
« Reply #1 on: May 07, 2017, 02:55:40 PM »
I've listened to many of their episodes, I've found it to be hit or miss, but occasionally get some value out of it.

Listening to Jeremy from GCC describe managing investment taxes and how to harvest gains/losses properly was excellent, as was the Millionaire educator.  So many finance pod cast episodes are entry level stuff, those two got into really complex tax management strategies where I had opportunity to improve.

Their intro music is terrible!!
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fiStressRelief

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Re: Who else is listening to the Choose FI podcast? Can we discuss?
« Reply #2 on: May 07, 2017, 05:42:46 PM »
Oh man this made me laugh as it is so dead on. I have a total love hate relationship with this podcast.

I think the content in general is great. I love that   I can go for a bike ride and get my FI fix for the day.  The GCC tax gain harvesting convo made that concept finally click in my head. 

Overall I am a fan but some of the redundancy and terminology drives me nuts.  I was thinking about relistening to some of the older ones with the wife and I just can't mentally prepare myself for that quite yet.

I think they cut 10 min off each episode by cutting down on telling me how totally cool, terrific, and powerful each idea is and how they are going to go high level and then unpack all this amazing content which will allow me to pull all these levers. Absolutely, no doubt about it.

I genuinely think if they can clean it up they'd stay on my podcast list for sure. Someone make them a word cloud!

JustDave

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Re: Who else is listening to the Choose FI podcast? Can we discuss?
« Reply #3 on: May 07, 2017, 06:13:56 PM »
I like it, but sometimes it feels like the podcast is just them talking about what they want the podcast to be. That was OK for the first few shows, but at 20+ shows in it's getting old. Overall I like it and will keep listening though. They are positive and have good energy and seem to click with each other.

chasesfish

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Re: Who else is listening to the Choose FI podcast? Can we discuss?
« Reply #4 on: May 07, 2017, 07:10:09 PM »
I want to play a drinking game for every time they say "truthfully or honestly"...as if the rest of the time they aren't being truthful or honest?
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ND

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Re: Who else is listening to the Choose FI podcast? Can we discuss?
« Reply #5 on: May 07, 2017, 07:58:26 PM »
ETFs are safer than mutual funds when you're doing a same-day step-up in basis for capital gains harvesting, right?  That would leave you less open to swings in the market while your money is withdrawn.

Also, if you were planning to move from a state like New Hampshire or Tennessee (which taxes interest/dividends) into a state with no state income tax, it seems like it would be a good idea to hold off on the capital gains harvesting until you've attained resident status in the new state, right?
« Last Edit: May 07, 2017, 09:23:55 PM by ND »

garth

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Re: Who else is listening to the Choose FI podcast? Can we discuss?
« Reply #6 on: May 07, 2017, 09:26:10 PM »
I've been listening and enjoying but agree with the criticism posted here. I do wish the one guy would stop saying "ya'll" so frequently. Nothing against it normally, but I find it makes him sound...dumb. Maybe it's the lack of a southern accent.

I noticed one of them mentioned fake news a few times last week, which has me worried they're going to get political/ideological. I think that would be a real bummer. The political talk turned me off RPF and to some extent Dough Roller and Stacking Benjamins.

chasesfish

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Re: Who else is listening to the Choose FI podcast? Can we discuss?
« Reply #7 on: May 08, 2017, 04:08:03 AM »
ETFs are safer than mutual funds when you're doing a same-day step-up in basis for capital gains harvesting, right?  That would leave you less open to swings in the market while your money is withdrawn.

Also, if you were planning to move from a state like New Hampshire or Tennessee (which taxes interest/dividends) into a state with no state income tax, it seems like it would be a good idea to hold off on the capital gains harvesting until you've attained resident status in the new state, right?

He was referring to federal income taxes only - the rules vary so much from state to state.  I'm in a state with no income taxes today, but 3 of the 4 on my retirement list will hit me for 6-8% at my post retirement level.
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StudentEngineer

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Re: Who else is listening to the Choose FI podcast? Can we discuss?
« Reply #8 on: May 16, 2017, 01:38:57 PM »
I agree with the sentiments expressed above.  I appreciate their enthusiasm for the subject but there is a fair bit of fluff in the episodes.  I get the most value out of their podcast when they bring on guests who go deep - loved GCC and the millionaire educator.
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Mustachio Bashio

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Re: Who else is listening to the Choose FI podcast? Can we discuss?
« Reply #9 on: May 20, 2017, 09:25:02 AM »
I'm a podcast junkie, but haven't added any FI podcasts to my rotation.  Besides this one, which seems a little iffy minus a few select episodes, are there others people would recommend?

sultee

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Re: Who else is listening to the Choose FI podcast? Can we discuss?
« Reply #10 on: May 20, 2017, 07:07:38 PM »
I agree with the love hate relationship, but you have to remember it is a podcast. Podcasts aren't a great source for educational content in general. Just go into with an open mind and remember that you can only get so much useful information from a podcast!

Nate R

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Re: Who else is listening to the Choose FI podcast? Can we discuss?
« Reply #11 on: May 25, 2017, 11:08:01 AM »
I agree with a lot of it here. I haven't quite pulled the plug on them and unsubscribed, but I'm having a hard time getting through some of the episodes, and it IS too much fluff and I'm not walking away with anything new!

hunt2eat

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Re: Who else is listening to the Choose FI podcast? Can we discuss?
« Reply #12 on: June 16, 2017, 08:01:25 AM »
I want to like them and they have good guests, but it is a challenge for me.  I agree with the criticisms others have posted, and I'll add mine.  Its like listening to NPR or PBS during a pledge drive or a late night infomercial.  If you only do this or write an itunes review (I don't have itunes, enough already!), we are doing this for you, you too can feed a child for a $1 a day, etc.  Almost a begging tone then they discuss something and its informative, then back to pledge drive tone and back again.  That's when I skip ahead.

Icecreamarsenal

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Re: Who else is listening to the Choose FI podcast? Can we discuss?
« Reply #13 on: July 14, 2017, 04:36:57 PM »
...cool, terrific, and powerful each idea is and how they are going to go high level and then unpack all this amazing content which will allow me to pull all these levers. Absolutely, no doubt about it...

Yes, this is the show in a nutshell.  I remember listening to an episode where there was no actual content other than the catchphrases quoted above and how great their last show was.

It's staying in the podcast rotation because there are not enough other podcasts re: FI out there.  As soon as there any worthy ones, this will be bumped off.

I do enjoy their enthusiasm though.

Luckyvik

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Re: Who else is listening to the Choose FI podcast? Can we discuss?
« Reply #14 on: July 24, 2017, 03:33:25 PM »
I do enjoy this podcast, I agree with the previous comments, less 'were so great fluff' more content.


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chasesfish

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Re: Who else is listening to the Choose FI podcast? Can we discuss?
« Reply #15 on: July 24, 2017, 04:12:40 PM »
About to go mow my grass and listen to the next episode.

I think they're genuine and have good intentions, presentation style seems to be improving over time too
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DarkandStormy

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Re: Who else is listening to the Choose FI podcast? Can we discuss?
« Reply #16 on: July 25, 2017, 08:09:58 AM »
In the mid-April episodes so I don't have the full picture yet.

I haven't checked out their website too much yet, but it seems like their forte is bringing other FI personalities/bloggers on and discussing individual situations and their path to FI/FIRE.  You can hear about different strategies/hacks, shortfalls, etc. from people in the FIRE community.  When it's just them talking about a topic...outside of the travel hacking episode I didn't get much out of it.  They do have this, "WOW look at all this great content we're putting out there!!" vibe.  Maybe it wears off, maybe it doesn't.  I assume they want this to make them money and they don't have Blue Apron ads every ten minutes, so they've got to do it in other ways.

That said, a podcast is just a verbal regurgitation of other ideas that have most likely been written about several times over on websites/blogs.  We all know the secrets to FIRE - spend rate, taking advantage of tax vehicles like 401k, 457, 403, IRAs, HSA, etc., travel hacking, etc. etc.  So some of the more detailed episodes I've really appreciated - the details on travel hacking, Coach Carson's path to house hacking, some of the college hacking they've discussed, tax hacking with Root of Good & Mad Fientist, etc. because those are areas I have not spent a lot of thought on yet.

I saw another forum post here on their stages of FI so I'll be interested to catch up and listen to that episode.
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DeskJockey2028

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Re: Who else is listening to the Choose FI podcast? Can we discuss?
« Reply #17 on: July 25, 2017, 08:27:45 AM »
I enjoy the podcast myself but also get a little tired of unpacking totally revolutionary ideas that allow YOU to control YOUR financial FUTURE. We get it, that's why where listening! :)

Still, I have a long commute so I digest a lot of podcasts and it's good to have the choice of listening to some new stuff twice a week. They have some great guests and it's one more way for me to absorb the information. Having said that though, I wouldn't suggest that someone not already on the FIRE bandwagon start their journey with this podcast. It's just a bit to self referential and over the top enthusiastic and ever so slightly cult-like.

birdman2003

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Re: Who else is listening to the Choose FI podcast? Can we discuss?
« Reply #18 on: July 25, 2017, 08:30:25 AM »
i will give it a go

kenaces

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Re: Who else is listening to the Choose FI podcast? Can we discuss?
« Reply #19 on: July 25, 2017, 12:23:45 PM »
I just loaded up phone with this and listen to 2 episodes and yeah they talk WAY too much about the podcast imo.  I would much rather have them just do a content pack 30m podcast than listen to the extra ramblings for full hour.

DarkandStormy

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Re: Who else is listening to the Choose FI podcast? Can we discuss?
« Reply #20 on: July 25, 2017, 12:43:43 PM »
SO POWERFUL

SUPER HIGH LEVEL STUFF

Some of the favorite phrases.
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Icecreamarsenal

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Re: Who else is listening to the Choose FI podcast? Can we discuss?
« Reply #21 on: July 25, 2017, 04:13:23 PM »
Out of the rotation. My commute allows 90 minutes of podcast at 1.5x, and I found myself consistently pushing this to the bottom of the playlist every time it came up.


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CloserToFree

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Re: Who else is listening to the Choose FI podcast? Can we discuss?
« Reply #22 on: July 26, 2017, 07:42:09 PM »
OP here. For better or worse I've mostly kept listening to this...I just only do the ones with blogger guests.  I agree with pretty much all of the above comments.  Hopefully they're reading this thread and will take some of this stuff to heart and improve.;-). Mostly I've been treating this podcast as a way to surround myself with FI related content, to keep myself motivated and to keep out more mainstream/ consumerist/ spendypants content. And to learn about new blogs. We'll see if things get any better!

kudy

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Re: Who else is listening to the Choose FI podcast? Can we discuss?
« Reply #23 on: July 26, 2017, 08:36:31 PM »
Who else listens at 2x speed? I think maybe faster listening makes some of the things mentioned here less annoying... it is a bit repetitive, but it's still over in ~30 minutes.

slappy

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Re: Who else is listening to the Choose FI podcast? Can we discuss?
« Reply #24 on: July 28, 2017, 07:47:20 AM »
I just started listening and I've gotten through about five episodes. I hadn't noticed what everyone has mentioned, but of course now it's all I notice! :/

Luckyvik

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Re: Who else is listening to the Choose FI podcast? Can we discuss?
« Reply #25 on: July 30, 2017, 04:20:21 PM »
Someone started a thread on the ChooseFI Facebook group about having a drinking game when certain phrases are said like 'life changing' etc


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arowback

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Re: Who else is listening to the Choose FI podcast? Can we discuss?
« Reply #26 on: July 31, 2017, 05:27:42 AM »
Being relatively new to FI myself I'm really enjoying the podcast and enjoy the enthusiasm they have. I've been binge listening from the first episode last week and am currently on the mid April episodes.

saveORspend

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Re: Who else is listening to the Choose FI podcast? Can we discuss?
« Reply #27 on: August 01, 2017, 02:04:00 PM »
I feel like there is a lot of potential with ChooseFI but they are starting to get repetitive, I find myself picking and choosing more often than not from the feed. Generally I don't mind the quests, the interviews are usually pretty well executed but I feel like they are starting to position themselves as authorities on FI and it isn't working well.

garth

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Re: Who else is listening to the Choose FI podcast? Can we discuss?
« Reply #28 on: August 07, 2017, 04:52:40 PM »
Great guest on today's episode.

StudentEngineer

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Re: Who else is listening to the Choose FI podcast? Can we discuss?
« Reply #29 on: August 09, 2017, 08:56:17 AM »
OP here. For better or worse I've mostly kept listening to this...I just only do the ones with blogger guests.  I agree with pretty much all of the above comments.  Hopefully they're reading this thread and will take some of this stuff to heart and improve.;-). Mostly I've been treating this podcast as a way to surround myself with FI related content, to keep myself motivated and to keep out more mainstream/ consumerist/ spendypants content. And to learn about new blogs. We'll see if things get any better!


Same for me, I've become super picky on which episodes I listen to.
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DarkandStormy

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Re: Who else is listening to the Choose FI podcast? Can we discuss?
« Reply #30 on: August 09, 2017, 09:33:10 AM »
They do go a little overboard with the corporate lingo.  Like I mentioned, I've heard almost no ads - perhaps some of the products/services they mention are paying them to name-drop.  I'm sure they get some kickbacks on the sites they share/endorse - like all the credit card referrals and such.

They are doing a great job of introducing me to some other blogs/podcasts that I may follow up on in the future.  A little ego-stroking when they come across as the godfathers of the FI community.

All in all, a pretty solid podcast.  They dive into many areas, so some may be applicable to you, some may not.  Even if you're on the path to FIRE, it can be helpful to reinforce some of the choices you've made.  I'm still in the May or June episodes - don't understand their hatred for biking unless Richmond just isn't a bikable city?  At least they're honest about their situations, what they're willing to do in the pursuit of FI and what they're not, as well as some of their mistakes along the way.
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