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Learning, Sharing, and Teaching => Reader Recommendations => Topic started by: CloserToFree on May 07, 2017, 02:19:36 PM

Title: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: CloserToFree on May 07, 2017, 02:19:36 PM
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!   
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: chasesfish 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!!
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: fiStressRelief 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!
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: JustDave 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.
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: chasesfish 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?
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: ND 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?
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: garth 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.
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: chasesfish 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.
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: StudentEngineer 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.
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: Mustachio Bashio 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?
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: sultee 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!
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: Nate R 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!
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: hunt2eat 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.
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: Icecreamarsenal 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.
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: Luckyvik 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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Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: chasesfish 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
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: DarkandStormy 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.
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: DeskJockey2028 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.
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: birdman2003 on July 25, 2017, 08:30:25 AM
i will give it a go
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: kenaces 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.
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: DarkandStormy on July 25, 2017, 12:43:43 PM
SO POWERFUL

SUPER HIGH LEVEL STUFF

Some of the favorite phrases.
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: Icecreamarsenal 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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Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: CloserToFree 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!
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: kudy 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.
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: slappy 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! :/
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: Luckyvik 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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Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: arowback 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.
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: saveORspend 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.
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: garth on August 07, 2017, 04:52:40 PM
Great guest on today's episode.
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: StudentEngineer 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.
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: DarkandStormy 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.
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: chasesfish on September 04, 2017, 08:39:22 AM
I've been fairly impressed at how little they've tried to monetize this.

Brad already lives off investments plus his Travel Miles 101 and Richmond Savers website.  The only thing Choose FI has it the same travel rewards referral setup. 

I'm enjoying the podcast, its a "not as hardcore" version of mustachianism.  Interviews are awesome.
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: mmmfan500 on September 05, 2017, 06:53:40 PM
Ditto what has been said many times about the "love-hate" relationship. For me it is the exorbitant amount of time spent talking up FI that gets annoying. It seems like they are trying to sell me on a religion. The show would probably still sound the same if you inserted a religion (Christianity, Islam, etc) every time they say the word "FI."
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: Luckyvik on September 11, 2017, 09:17:56 PM
I've been enjoying the last couple of episodes more. I think you just need to gloss over the 'this idea could become another pillar of fi' sort of comments


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Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: arebelspy on September 12, 2017, 02:15:30 AM
That's disappointing.

I'd heard mixed things about this podcast already, but more good than bad, but hadn't listened yet, but the feedback in this thread is pretty rough on them.  Too bad.
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: DarkandStormy on September 12, 2017, 11:05:07 AM
That's disappointing.

I'd heard mixed things about this podcast already, but more good than bad, but hadn't listened yet, but the feedback in this thread is pretty rough on them.  Too bad.

I'd still give it a shot.  Maybe their style is suited for you, maybe it isn't.  I'd at least give the first few a chance.
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: DarkandStormy on September 18, 2017, 09:03:39 AM
Still not quite caught up to current episodes, but I actually like it more now that I'm spacing it out as opposed to binging it almost every day.  I like that the two of them don't have the exact same viewpoint to get to FI/RE.  They are covering everything - and I do mean nearly everything - when it comes to bringing your FI date into view - housing, cars (they are a little anti-biking but perhaps that's just because of where they live and/or they're bringing in enough money via their side hustles that biking isn't necessary or plausible), travel hacking, college hacking, etc. etc.

They've brought on in my estimation, an all-star lineup of FI bloggers/guests (is MMM the only one who hasn't been on?) to get different viewpoints and expertise.  They're interacting with the audience via e-mails, voicemails, and case studies.  It's been very helpful for me as I can get away with listening to podcasts at work but reading up on everything they've covered would take me quite a bit of time.  The show notes are helpful when I want to follow up on things they've mentioned (sites, books, etc.).

It's become one of my 2-3 weekly go-to podcasts.  Like I said, I probably went overboard trying to listen to 3-4 episodes a day.  I've cut back and slowly am making my way to their current episodes.  So perhaps some of my nitpicking before was just because I heard their voices so often throughout a day.

I get they aren't going to please everyone all the time (no one can), and that's ok.  I think the podcast is a great resource for checking your FI plan (we can always be improving) and they may introduce you to some folks you haven't heard of before.  I haven't listened to a ton of FI/RE podcasts to compare, but ChooseFI has been killing it in my estimation.
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: czr on September 21, 2017, 01:56:42 PM
It's tough to listen to weekly but they did have some great guests. One of the hosts are FI and the other is close to FI so there is that perspective and one has a good radio voice and the other doesn't so there is that. Besides playing board games with his kid, I'm not sure what else Brad does on his free time and wish he'd tout more tangible benefits of being FI.
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: DarkandStormy on September 21, 2017, 02:15:48 PM
I'm not sure what else Brad does on his free time and wish he'd tout more tangible benefits of being FI.

He does talk about going to lunch with his daughter once a week.  I'm sure he's racked up a bunch of miles (he mentioned maybe a million or close to it?) with his travel sites and affiliate links so he may travel alone or with his family.  Mentioned he joined CrossFit this summer so I'm sure he's working out a bunch as well.

Gotta factor in doing grocery shopping at off-peak hours, talking walks, etc. etc.  I'm sure he's not bored day to day.
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: arebelspy on September 21, 2017, 02:37:06 PM
My understanding (I haven't listened to the podcast, just aware of his story) is that Brad spends his time on his money making ventures. He's not ER'd, and his "FI" depends on those things. He's an entrepreneur.

Why speculate though, why not just contact him if you have questions?
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: DarkandStormy on September 21, 2017, 02:52:58 PM
My understanding (I haven't listened to the podcast, just aware of his story) is that Brad spends his time on his money making ventures. He's not ER'd, and his "FI" depends on those things. He's an entrepreneur.

Why speculate though, why not just contact him if you have questions?

You could argue he is ER'd and working on side hustles, but that's just semantics.  He's certainly not working a corporate 8-5 job.

But yes, +1 on the suggestion.  E-mail him and see if he'll respond (he actually did respond to me personally when I contacted them through ChooseFI's website).
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: arebelspy on September 21, 2017, 03:43:17 PM
You could argue he is ER'd and working on side hustles, but that's just semantics.

I don't know about his personal stache, so this may be the case. I believe he is dependent on the income though.
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: DarkandStormy on September 22, 2017, 08:52:57 AM
You could argue he is ER'd and working on side hustles, but that's just semantics.

I don't know about his personal stache, so this may be the case. I believe he is dependent on the income though.

I believe they've said one is basically at FI and one is working on getting there.  Because Jonathan got rid of student debt recently and mentions he still has a regular corporate job, I assume he is the one "working towards FI" and Brad is basically at FI.
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: arebelspy on September 22, 2017, 10:43:11 AM
You could argue he is ER'd and working on side hustles, but that's just semantics.

I don't know about his personal stache, so this may be the case. I believe he is dependent on the income though.

I believe they've said one is basically at FI and one is working on getting there.  Because Jonathan got rid of student debt recently and mentions he still has a regular corporate job, I assume he is the one "working towards FI" and Brad is basically at FI.

Like I said, I believe Brad is dependent on his income. He's not FI from any definition relating to "can live off invested funds" that I know of.

I could be wrong, of course.

But I have my guesses (https://en.wikipedia.org/wiki/Sales) as to why he says that. It's easy to twist in one's own mind and justify something. Under his own personal definition of FI, I'm sure he's FI. Add that "basically" qualifier, and sure, done. It helps to have a host actually be FI, if you're going to be talking about it (and the other not, so your listeners feel like you can relate to them).

I know the travel hacking course made him lots of money, so maybe he's stached a ton in the last two years and hit FI. But from what I understood, he was years and years off, and transitioned into entrepreneurship from corporate accounting, and now makes many times his expenses in side-gigs, but is very dependent on that income (and continually working to make it flow) to live, and doesn't have the stache needed for FI.  Who knows though. Either way, it seems like he's doing what he wants, which is awesome. :)
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: DarkandStormy on September 22, 2017, 11:18:44 AM
^Ah.  I don't really know other than what's been stated on the podcast (or articles).  I took his "online businesses" to be more of a side gig now and that his wife's income (I think she does taxes during busy season and that's it) more than cover their expenses.  So I don't think they're withdrawing anything from their stash.

I guess it's a gray area - could he truly be FI and withdraw 4% (or other SWR) and live off that forever?  Can't really say without numbers and he doesn't have to disclose that.  I'm sure the passive income from the online sites + his wife working ~2 months out of the year covers what they need and allows their stash to grow, untouched.

Whether it's just a "hobby" or "side gig" - he's doing what he wants and on his own times.  He's the "aspiring minimalist" as well, while Jonathan is the "reluctant frugalist" who isn't at FI yet...so you hear these two viewpoints on the podcast which makes it better, imo.
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: slappy on September 22, 2017, 11:27:55 AM
I really like the information in the podcasts. I do feel that one of the hosts (I still can't tell them apart) likes to interject himself into the interviews. He asks a question, the interviewee answers and the he paraphases and asks a long winded question. I think he spends more time talking than the guest. But I still listen because I get "actionable tips" (one of their many catchphrases).
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: CloserToFree on September 22, 2017, 12:48:32 PM
I really like the information in the podcasts. I do feel that one of the hosts (I still can't tell them apart) likes to interject himself into the interviews. He asks a question, the interviewee answers and the he paraphases and asks a long winded question. I think he spends more time talking than the guest. But I still listen because I get "actionable tips" (one of their many catchphrases).

That would be Jonathan ;-)

Ok, I almost hate to admit it, but I do think the podcast is getting a lot better.  Arebelspy I'd love it if you listed to a couple recent episodes and then reported back. They've toned down the excessive proselytizing and are getting better about not being quite so verbose (still verbose, but not as bad as the early episodes).  I still want to facepunch Jonathan sometimes for his overexuberant unnecessary interjections and occasional used car salesman moments (Brad annoys me a lot less), but I'm tolerating them.  I do enjoy hearing from the guests and they've introduced me to some new bloggers so that's worth it to me.  Hoping they continue to improve...maybe they're reading this and taking some of our advice?
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: chasesfish on September 23, 2017, 05:40:10 AM
I'd have to agree on the podcast getting better...

I think they're both smart guys and you can tell they really enjoy this podcast,  I think that plus getting a 3500 follower facebook group has them honing their skills.  There was a "feedback" thread that was hilarious, discussing a drinking game every time they say "X".  I've noticed they've toned down some of the corporate lingo I get enough of at work
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: Done by Forty on September 29, 2017, 05:46:39 PM
I love Brad, consider him a friend, and think it's great to have a couple new voices spreading the FIRE, as they say.

But I had to take it out of my listening rotation, for the reasons noted above. My wife clued me in on the problem when she walked into the room one day and said, "Aren't these two pleased with themselves..."

Anyway, there are some great guests and fantastic knowledge to be shared here. But I can only listen to so many podcasts regularly...
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: slappy on September 29, 2017, 07:04:33 PM
I love Brad, consider him a friend, and think it's great to have a couple new voices spreading the FIRE, as they say.

But I had to take it out of my listening rotation, for the reasons noted above. My wife clued me in on the problem when she walked into the room one day and said, "Aren't these two pleased with themselves..."

Anyway, there are some great guests and fantastic knowledge to be shared here. But I can only listen to so many podcasts regularly...

Haha. I was just listening to the new episode today and one of them called himself and expert or something like that. They are definitely pleased with themselves.
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: arebelspy on September 30, 2017, 01:48:08 PM
I love Brad, consider him a friend, and think it's great to have a couple new voices spreading the FIRE, as they say.
...
Anyway, there are some great guests and fantastic knowledge to be shared here.

That's a good way to put it. It'll resonate with some people, and it won't with others. That's okay. I'm glad they're doing it. :)
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: Done by Forty on October 01, 2017, 09:44:17 AM
Me, too. Honestly, I'm torn about how I feel about the show, as others have noted.

I feel like I should listen to it, so I will do so occasionally (e.g. - with ERN's episode...that's like must listen stuff for FIRE folks, as it points to his Safe Withdrawals series).
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: arebelspy on October 01, 2017, 12:28:37 PM
It does make MadFI's podcast that much more impressive. That's pretty solid nearly every time.

But much less often, of course.
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: tj on October 14, 2017, 12:33:23 PM
It does make MadFI's podcast that much more impressive. That's pretty solid nearly every time.

But much less often, of course.

I actually like that one even less. Sound quality is pretty mediocre, but I guess he uses an iphone to record it? :D

To be honest, I guess I just don't see the point of the podcast as a learning medium. I'd rather read a blog post. It's a much more efficient use of time.

When I do listen to a personal financial podcast, it's exclusively when the host is interviewing someone whose blog I like reading, or whose forum contributions I enjoy. In the case of ChooseFI, Jonathan tends to insert himself into the convo a lot (as mentioned above in this thread) and I don't enjoy that listening experience - because I tuned in to hear the guest - but they have obviously seen a lot of success, so a lot of people are digging the format.

I did enjoy a lot of the early solo-hosted Radical Personal Finance podcasts, but I almost feel like the longer these guys are at it, the harder it is to find a fresh idea in the niche.  Because the FI concept isn't this massively complex concept.

But maybe I just prefer listening to music in general.
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: arebelspy on October 14, 2017, 12:39:22 PM
It does make MadFI's podcast that much more impressive. That's pretty solid nearly every time.

But much less often, of course.

I actually like that one even less. Sound quality is pretty mediocre, but I guess he uses an iphone to record it? :D

Content > sound quality, to me.

Quote
To be honest, I guess I just don't see the point of the podcast as a learning medium. I'd rather read a blog post. It's a much more efficient use of time.

Start trying 2x-3x speed, at times you aren't able to read a blog post. If you can't be reading something during that time (driving, doing household chores, etc.), it's an infinitely better use of that time versus a blog post.

I haven't had time for podcasts for awhile, so still haven't got to listen to this, but I do think Brad is a great guy, so I'm excited to hear it at some point. I've never heard of his co-host before/besides this podcast.
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: tj on October 14, 2017, 01:25:06 PM
They are definitely both cool dudes in real life. You should check it out when you get some free time.

I find listening to spoken word to be distracting from whatever else i am doing. (Driving, reading  etc)

If I had a passive commute (like a train, bus, or subway), I would find that to be a prime setting for active listening such as a pdocast).

For me, with driving, working out, or doing a chore, audio is more likely to be passive listening aka background noise.
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: arebelspy on October 14, 2017, 01:32:11 PM


I find listening to spoken word to be distracting from whatever else i am doing. (Driving, reading  etc)

Sure, but if it's something you don't need to pay a lot of attention to do, it works well (housecleaning and exercise come to mind).
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: Luckyvik on October 14, 2017, 05:00:52 PM

I did enjoy a lot of the early solo-hosted Radical Personal Finance podcasts, but I almost feel like the longer these guys are at it, the harder it is to find a fresh idea in the niche.  Because the FI concept isn't this massively complex concept.

I totally agree, I really enjoyed the early Radical Personal Podcasts also, particularly the first couple where he reviews ERE then he has a two parter interviewing Jacob. As time went on I felt like the topics of his podcast where no longer as interesting.


Sent from my iPhone using Tapatalk
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: slappy on October 14, 2017, 05:03:54 PM
The last few episodes have been really putting me off the show in general. It almost seems like Jonathan is interviewing himself. He asks a ridiciuly long winded 4 questions in one, the basically answers himself. The guest maybe gets a quarter of the time that Jonathan does.
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: arebelspy on October 14, 2017, 07:24:35 PM
The last few episodes have been really putting me off the show in general. It almost seems like Jonathan is interviewing himself. He asks a ridiciuly long winded 4 questions in one, the basically answers himself. The guest maybe gets a quarter of the time that Jonathan does.

Mention it to them. I'd bet they're open to constructive criticism.
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: chasesfish on October 15, 2017, 08:32:15 AM
There's a balance between how much personal information you share and how much of the show is an interview.   The answer is different for everyone.  I'm glad they split up the episodes into two weeks, if you don't want to hear Jonathan be long-winded, don't listen to the Friday round-ups.

I'll give an example to the other extreme:  Listen to the Fire Drill Podcast.   Its done by two ladies that are really good writers in the personal finance/career advice space, but I think they pre-recorded a ton of their episodes so they come across as interviews only.   Over time, they'll want to open up some to the audience about what's going on in their life or how the show is progressing.

I used to like Paula Pant's podcast too, but that's turning more into generic financial advice for the masses.  That's okay, its her business and I think she's really good at it, but its not for me.

Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: arebelspy on October 15, 2017, 09:12:40 AM


I'll give an example to the other extreme:  Listen to the Fire Drill Podcast.   Its done by two ladies that are really good writers in the personal finance/career advice space, but I think they pre-recorded a ton of their episodes so they come across as interviews only.   Over time, they'll want to open up some to the audience about what's going on in their life or how the show is progressing.

I don't believe they are prerecorded, but even if they are, what does that have to do with them being interviews?

Or am I not understanding what you mean by prerecorded?

Quote
I used to like Paula Pant's podcast too, but that's turning more into generic financial advice for the masses.  That's okay, its her business and I think she's really good at it, but its not for me.

What would you prefer instead?

Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: chasesfish on October 15, 2017, 09:20:08 AM
I'll expand on my post:

I enjoy a good balance of personal experience/stories from the host and a quality interview.   I really enjoy the Mad Fientist's podcast (including your interview Arebelspy), even if he's down to one a month.   I really enjoy Monday's episodes of Chose FI, which have quality guests.   I'm so-so on the Friday roundups, sometimes I make it through it sometimes I don't.

J and Gwen came out and said they pre-recorded a bunch of episodes before launch.  I'd like to see them move more towards a balance of their own experiences plus interviews.   I think they have a great network of different/younger FI guests.  Everyone's preference is different, I'm just expressing mine.

If it were a college course, I'm enjoying the finance 301's and up.  Paula seems to be doing a lot more Finance 101, which is great for her personality and the listeners she supports.
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: tj on October 15, 2017, 09:49:29 AM
Quote
I'd like to see them move more towards a balance of their own experiences plus interviews. 

You probably wouldn't care / be able to identify if episodes of their own experiences were pre-recorded though. ;-)

I'm not sure if that's something to expect. J scrubbed her identity fairly well and removed a lot of her more personal blog posts.
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: chasesfish on October 15, 2017, 11:00:06 AM
@ TJ - Yes, that's a big challenge and agree with how well her identity was scrubbed.  The higher up in leadership you go the more scrutiny your outside activities get.  , especially the higher in leadership you go in a company.   I just started to blog (as in last week and poorly) and waited for years.  I can even be terminated for outside "employment" if I generate a dollar from it.

Had to wait until I was past FI so I would only be mildly disappointing if they find it and ask me to leave.  I'll keep the entertaining megacorp stuff out of it early on.
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: tj on October 15, 2017, 11:55:04 AM
Quote
just started to blog (as in last week and poorly)


You should probably fix it so that your /blog folder actually has your blog posts. I only see the posts when going to your home page.
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: slappy on October 16, 2017, 02:40:39 PM
The last few episodes have been really putting me off the show in general. It almost seems like Jonathan is interviewing himself. He asks a ridiciuly long winded 4 questions in one, the basically answers himself. The guest maybe gets a quarter of the time that Jonathan does.

Mention it to them. I'd bet they're open to constructive criticism.

Well they may have redeemed themselves with todayís episode. Iím thrilled to hear about JD bringing back GRS! :)

I donít have Facebook anymore but Iíve been considering re activating. If I do, maybe Iíll leave some feedback in the Facebook group.
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: tj on October 16, 2017, 08:52:16 PM
The last few episodes have been really putting me off the show in general. It almost seems like Jonathan is interviewing himself. He asks a ridiciuly long winded 4 questions in one, the basically answers himself. The guest maybe gets a quarter of the time that Jonathan does.

Mention it to them. I'd bet they're open to constructive criticism.

Well they may have redeemed themselves with todayís episode. Iím thrilled to hear about JD bringing back GRS! :)

I donít have Facebook anymore but Iíve been considering re activating. If I do, maybe Iíll leave some feedback in the Facebook group.


I think they'd be more liekly to see a personal email. There's a LOT of activity in that FB group.
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: arebelspy on October 16, 2017, 10:25:52 PM
I think they'd be more liekly to see a personal email. There's a LOT of activity in that FB group.

There's a bunch of discussion activity for a podcast?

That surprises me.
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: tj on October 16, 2017, 11:10:27 PM
I think they'd be more liekly to see a personal email. There's a LOT of activity in that FB group.

There's a bunch of discussion activity for a podcast?

That surprises me.

Well, as is the case here, the discussions are not necessarily all in response to a specific podcast.  I'm not sure why they encourage the FB discussion because they obviously can't monetize it directly, but I know the travel miles 101 has a huge discussion group too. Some people like FB better because there is non anonymity.


In the case of the Facebook groups, stuff just shows up in my news feed by default unless you disable that setting, which reminds me that I should probably go ahead and do that.
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: arebelspy on October 16, 2017, 11:20:03 PM
Well, as is the case here, the discussions are not necessarily all in response to a specific podcast.  I'm not sure why they encourage the FB discussion because they obviously can't monetize it directly, but I know the travel miles 101 has a huge discussion group too. Some people like FB better because there is non anonymity.


In the case of the Facebook groups, stuff just shows up in my news feed by default unless you disable that setting, which reminds me that I should probably go ahead and do that.

Having good metrics for community engagement is totally monitizable.  For example, if/when they sell ad spots on the podcast.
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: tj on October 17, 2017, 07:37:31 AM
Well, as is the case here, the discussions are not necessarily all in response to a specific podcast.  I'm not sure why they encourage the FB discussion because they obviously can't monetize it directly, but I know the travel miles 101 has a huge discussion group too. Some people like FB better because there is more anonymity.


In the case of the Facebook groups, stuff just shows up in my news feed by default unless you disable that setting, which reminds me that I should probably go ahead and do that.

Having good metrics for community engagement is totally monitizable.  For example, if/when they sell ad spots on the podcast.

That's true. I imagine FB offers decent analytics for that. The people posting in the FB group aren't necessarily 100% correlated to the people listening to the actual podcast though.
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: slappy on October 17, 2017, 08:04:50 AM
Well, as is the case here, the discussions are not necessarily all in response to a specific podcast.  I'm not sure why they encourage the FB discussion because they obviously can't monetize it directly, but I know the travel miles 101 has a huge discussion group too. Some people like FB better because there is more anonymity.


In the case of the Facebook groups, stuff just shows up in my news feed by default unless you disable that setting, which reminds me that I should probably go ahead and do that.

Having good metrics for community engagement is totally monitizable.  For example, if/when they sell ad spots on the podcast.

That's true. I imagine FB offers decent analytics for that. The people posting in the FB group aren't necessarily 100% correlated to the people listening to the actual podcast though.

Haha. Confession time: I joined the group long before I ever listened to the podcast. Or any podcast for that matter. I had this idea that downloading a podcast was above my level of technological expertise. I was also in another mustachian group where one of the members PMd me a link to his blog (I had requested it). He mentioned that he noticed I was also in the Choose FI group and how much he liked the podcasts. I felt like I had been caught, so I went ahead and downloaded the podcasts, which of course was the easiest thing ever.   I really enjoyed getting caught up on the episodes and now I'm trying to find another one podcast to add to my rotation.  As much as they can be annoying sometimes, I do appreciate the optimism, and I have yet to find another podcast that I find to be engaging.  Hence the love/hate relationship with ChooseFI. :)
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: DarkandStormy on October 17, 2017, 08:16:25 AM
I think they'd be more liekly to see a personal email. There's a LOT of activity in that FB group.

There's a bunch of discussion activity for a podcast?

That surprises me.

Think it's less about the podcast and more about the FI ideas being discussed.  There are various FWOTW (frugal win of the week) sharing, travel hacking discussions/suggestions, etc. etc.  Almost none of the discussion has to do with the hosts.
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: DarkandStormy on October 17, 2017, 08:19:57 AM
I think they'd be more liekly to see a personal email. There's a LOT of activity in that FB group.

There's a bunch of discussion activity for a podcast?

That surprises me.
I'm not sure why they encourage the FB discussion because they obviously can't monetize it directly

Their stated goal has not been to monetize the podcast (hence no ads) but to grow the FI community in general.  They have said they make their money off of their Travel Hacking / credit cards page, so as people click those links for cards they're getting a bit of a kickback.  As far as I can tell, that's the only money they're making as they have zero ads anywhere.  Maybe Instant Pot is paying them to mention their device but it sounds like that started organically as well.  Only other thing I can think of is Playing with FIRE (documentary) will pay them for their time but it wouldn't be much.
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: arebelspy on October 17, 2017, 08:44:27 AM
Sure, travel hacking kickbacks are big--the larger you grow your community, the more that will grow.

Like I said, lots of ways to monetize.
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: tj on October 17, 2017, 10:09:12 AM
I think they'd be more liekly to see a personal email. There's a LOT of activity in that FB group.

There's a bunch of discussion activity for a podcast?

That surprises me.
I'm not sure why they encourage the FB discussion because they obviously can't monetize it directly

Their stated goal has not been to monetize the podcast (hence no ads) but to grow the FI community in general.  They have said they make their money off of their Travel Hacking / credit cards page, so as people click those links for cards they're getting a bit of a kickback.  As far as I can tell, that's the only money they're making as they have zero ads anywhere.  Maybe Instant Pot is paying them to mention their device but it sounds like that started organically as well.  Only other thing I can think of is Playing with FIRE (documentary) will pay them for their time but it wouldn't be much.

Honestly the "not monetize" sounds like sales spin to me.

Maybe they dont want to put ads on the podcast, but they certainly want to grow the number of people signing up for the credit cards. My guess is they went the fb route rather than forum because brad's travelmiles101 forum never took off while the fb group flourished. I know Jonathan wants to get out of the pharmacy if he can, so it would seem odd to me if choosefi, which I know is a huge time commitment and emotional investment, isnt part of that plan.
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: slappy on October 17, 2017, 10:14:06 AM
I think they'd be more liekly to see a personal email. There's a LOT of activity in that FB group.

There's a bunch of discussion activity for a podcast?

That surprises me.
I'm not sure why they encourage the FB discussion because they obviously can't monetize it directly

Their stated goal has not been to monetize the podcast (hence no ads) but to grow the FI community in general.  They have said they make their money off of their Travel Hacking / credit cards page, so as people click those links for cards they're getting a bit of a kickback.  As far as I can tell, that's the only money they're making as they have zero ads anywhere.  Maybe Instant Pot is paying them to mention their device but it sounds like that started organically as well.  Only other thing I can think of is Playing with FIRE (documentary) will pay them for their time but it wouldn't be much.

Honestly the "not monetize" sounds like sales spin to me.

Maybe they dont want to put ads on the podcast, but they certainly want to grow the number of people signing up for the credit cards. My guess is they went the fb route rather than forum because brad's travelmiles101 forum never took off while the fb group flourished. I know Jonathan wants to get out of the pharmacy if he can, so it would seem odd to me if choosefi, which I know is a huge time commitment and emotional investment, isnt part of that plan.

I agree. They've said multiple times that ChooseFI is a huge time commitment. I'm sure they aren't doing it purely out of the goodness of their hearts.  Either way is fine with me.
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: tj on October 17, 2017, 10:24:31 AM
I think they'd be more liekly to see a personal email. There's a LOT of activity in that FB group.

There's a bunch of discussion activity for a podcast?

That surprises me.
I'm not sure why they encourage the FB discussion because they obviously can't monetize it directly

Their stated goal has not been to monetize the podcast (hence no ads) but to grow the FI community in general.  They have said they make their money off of their Travel Hacking / credit cards page, so as people click those links for cards they're getting a bit of a kickback.  As far as I can tell, that's the only money they're making as they have zero ads anywhere.  Maybe Instant Pot is paying them to mention their device but it sounds like that started organically as well.  Only other thing I can think of is Playing with FIRE (documentary) will pay them for their time but it wouldn't be much.

Honestly the "not monetize" sounds like sales spin to me.

Maybe they dont want to put ads on the podcast, but they certainly want to grow the number of people signing up for the credit cards. My guess is they went the fb route rather than forum because brad's travelmiles101 forum never took off while the fb group flourished. I know Jonathan wants to get out of the pharmacy if he can, so it would seem odd to me if choosefi, which I know is a huge time commitment and emotional investment, isnt part of that plan.

I agree. They've said multiple times that ChooseFI is a huge time commitment. I'm sure they aren't doing it purely out of the goodness of their hearts.  Either way is fine with me.

I would agree that whether they are doing it out of altruism or entrepreneurship is totally fine, i just dont personally  believe it to be the former. Regardless, mad props to them for having a fresh idea in a niche that I would have guessed was crowded. Its grown very quickly and that is something they deserve a huge amount of credit for.
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: chasesfish on October 17, 2017, 07:27:12 PM
Sure, travel hacking kickbacks are big--the larger you grow your community, the more that will grow.

Like I said, lots of ways to monetize.

+1000

Growing the followers/sit visits/downloads/facebook group is the hard part.  Get the followers, monetization is eeeaaasssyyy!

Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: K-12FI on October 20, 2017, 08:39:44 PM
Today's Friday episode was good; the whole discussion regarding the total market index and value tilting, or the Merriman or Swedroe allocations was interesting. I like the idea of getting a roundtable together of those folks and letting them hash it out.
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: tj on November 19, 2017, 03:49:55 PM
Currently listening to the Happy Philosopher interview.

Happy to say that this podcast has improved exponentially since the last time I listened. The hosts no longer talk over the guest(s) and the conversation doesn't feel as micromanaged/forced.


https://www.choosefi.com/048-happy-philosopher/

Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: arebelspy on November 19, 2017, 05:52:52 PM
I met both the hosts at FinCon, and both are super awesome dudes. I'll definitely be listening to their podcast once I find time in my life for podcasts again.  :)
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: chasesfish on November 20, 2017, 05:43:27 AM
I have to rescind some of my earlier criticisms too...

They interviewed Freedom Is Groovy today, that was awesome to hear about someone happily retired at 56 who exited New York just under 10 years ago without much money to their name.
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: DarkandStormy on November 20, 2017, 07:12:07 AM
I met both the hosts at FinCon, and both are super awesome dudes. I'll definitely be listening to their podcast once I find time in my life for podcasts again.  :)

Hey, you could even be a guest at some point!
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: DS on November 20, 2017, 07:38:33 AM
I think they'd be more liekly to see a personal email. There's a LOT of activity in that FB group.

There's a bunch of discussion activity for a podcast?

That surprises me.

Lots of activity in the group! There is a ton to sift through though, because each time someone joins they toss up one of the classics "invest or mortgage?" "what investment order?" "should i bitcoin?" etc.
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: arebelspy on November 20, 2017, 07:45:51 AM
Lots of activity in the group! There is a ton to sift through though, because each time someone joins they toss up one of the classics "invest or mortgage?" "what investment order?" "should i bitcoin?" etc.

I feel like I've seen that somewhere else, too...
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: DS on November 20, 2017, 07:52:42 AM
I feel like I've seen that somewhere else, too...

Haha, all the classics on every forum. :)
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: tj on November 20, 2017, 10:22:47 AM
I have to rescind some of my earlier criticisms too...

They interviewed Freedom Is Groovy today, that was awesome to hear about someone happily retired at 56 who exited New York just under 10 years ago without much money to their name.

Thanks for the heads up! Love Mr. Groovy's blog and will check out this interview.
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: CloserToFree on November 20, 2017, 09:03:38 PM
I have to agree too-- this podcast has gotten a TON better in the past couple months.  The Mr
 Groovy interview was phenomenal (I adore the accent, I could listen to that guy talk for days! Plus, cool story).  I am not even getting annoyed at Jonathan anymore-- I almost find his enthusiasm endearing. Anyways, good for them for apparently cleaning up the act and working to improve the podcast. 
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: chasesfish on November 21, 2017, 05:15:31 AM
I have to agree too-- this podcast has gotten a TON better in the past couple months.  The Mr
 Groovy interview was phenomenal (I adore the accent, I could listen to that guy talk for days! Plus, cool story).  I am not even getting annoyed at Jonathan anymore-- I almost find his enthusiasm endearing. Anyways, good for them for apparently cleaning up the act and working to improve the podcast.

I think they've done a good job of taking feedback and are getting more professional.  They were responding to the facebook thread talking about the "Choose FI Drinking Game" with certain clichťs they were using over and over.   I don't hear those as much anymore.
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: slappy on November 21, 2017, 08:10:45 AM
I still think they talk too much. Also, I wasn't quite as enamored with the Mr. Groovy episode. They kept saying that absolutely anybody could do what the Groovy's did and there was no luck involved, etc. I do agree with that to a certain extent, particularly as it relates to thinking outside of the box and not making excuses. But personally I feel a little turned off by the attitude that everything is so easy and anyone can do. I think it could turn off so people. I'm glad they are enthusiastic, but it's like they are trying to brainwash people. Anyway, i still listen because I think it is getting a little better and they still have good information to share. The past couple of episodes in particular they have been quite obsessed with themselves and how great the podcast is.
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: DarkandStormy on November 21, 2017, 09:01:21 AM
I appreciated Mr. Groovy for admitting he didn't take the optimal path, made mistakes, etc.  But it sounded like the bulk of reaching FI was due to selling at the absolute top of the housing boom...without really planning to do it that way.  It sounded like a lot of circumstances came together at the right time rather than, "Well, we saved 60+% of our income for 10 years."

You take what you can get in this life of course, but this episode appeared to be more "luck" than discovering a trick or working harder at X than most people.  Then again, it's a ~1 hour podcast, so I'll have to check our Freedom is Groovy and read his stuff.
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: slappy on November 21, 2017, 09:06:10 AM
I appreciated Mr. Groovy for admitting he didn't take the optimal path, made mistakes, etc.  But it sounded like the bulk of reaching FI was due to selling at the absolute top of the housing boom...without really planning to do it that way.  It sounded like a lot of circumstances came together at the right time rather than, "Well, we saved 60+% of our income for 10 years."

You take what you can get in this life of course, but this episode appeared to be more "luck" than discovering a trick or working harder at X than most people.  Then again, it's a ~1 hour podcast, so I'll have to check our Freedom is Groovy and read his stuff.

And the fact that they kept their NYC salaries for the first year after moving to Charlotte. That seems like a huge advantage. I wouldn't hold it against them, but then Brad and Jonathan were saying that anyone can get ahead just by moving to a LCOL area with no debt. I was under the impression that in general, LCOL also equals a lower salary. I've often considered domestic geo arbitrage, but the numbers don't make sense for me yet.
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: DarkandStormy on November 21, 2017, 09:39:48 AM
I appreciated Mr. Groovy for admitting he didn't take the optimal path, made mistakes, etc.  But it sounded like the bulk of reaching FI was due to selling at the absolute top of the housing boom...without really planning to do it that way.  It sounded like a lot of circumstances came together at the right time rather than, "Well, we saved 60+% of our income for 10 years."

You take what you can get in this life of course, but this episode appeared to be more "luck" than discovering a trick or working harder at X than most people.  Then again, it's a ~1 hour podcast, so I'll have to check our Freedom is Groovy and read his stuff.

And the fact that they kept their NYC salaries for the first year after moving to Charlotte. That seems like a huge advantage. I wouldn't hold it against them, but then Brad and Jonathan were saying that anyone can get ahead just by moving to a LCOL area with no debt. I was under the impression that in general, LCOL also equals a lower salary. I've often considered domestic geo arbitrage, but the numbers don't make sense for me yet.

Another perk that most people likely won't be afforded.

They did compare some property tax numbers, discussed tolls, cost of food, etc. so there IS some benefit to domestic geo arbitrage, but Mr. Groovy had a lot of luck in reaching in FI compared to what the average person might experience today.
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: CloserToFree on November 21, 2017, 10:25:05 AM
I think those are fair points about Mr. Groovy's situation (and agree the hosts were a little defensive about reassuring listeners), but also think about the fact that he and his wife:
-were living paycheck to paycheck for years (decades?), keeping zero track of any spending or income and generally had no idea what they were doing moneywise until their 40s (from what I can tell)
-even once they started saving, they kept EVERYTHING IN A SAVINGS ACCOUNT for years - tens and eventually hundreds of thousands of dollars!  And then sounds like they still had a bunch uninvested after the 08/09 crash so they likely missed out on buying up cheap stock then too.

So while I agree the real estate windfall was a windfall, it's only part of their story.  Everyone's situation is going to be unique and you can always point to some oddity that won't be universally applicable ("they're high earners! they got a small inheritance! they didn't have to take out student loans!" etc.
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: chasesfish on November 21, 2017, 04:09:08 PM
They bought an $88,000 condo in 2007.  Most people in and around Charlotte were buying $400,000 McMansions.  Its not surprising they retired early!
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: Atlguy49 on November 23, 2017, 06:57:47 AM
I'm in Investment Management, so I've just added this to my extensive rotation after reading this forum.  I want to hear what they say about investments, capital gains, taxes, etc, so I can come up with a counter argument with clients.  Within 2 minutes they debunked active management funds, so I'm already mad.  Look people, passive is going to blow up and soon.  Watch for the next correction and you'll see where active management is superior.  All this free money and low interest rates makes passive look good, but the punch bowl is being taken away as we speak.  Pick good active mutual funds (T. Rowe Price comes to mind, and no, I don't work for them).  This Vanguard craze will end badly for people.  One last point that is important.  It is hard to find managers that create enough alpha to cover their fees.  However, getting the asset allocation correct accounts for over 90% of your returns, hence hiring a qualified money manager (not a broker) who can help you get that right and take the emotion out of it.
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: arebelspy on November 23, 2017, 08:00:44 AM
I'm in Investment Management, so I've just added this to my extensive rotation after reading this forum.  I want to hear what they say about investments, capital gains, taxes, etc, so I can come up with a counter argument with clients.  Within 2 minutes they debunked active management funds, so I'm already mad.  Look people, passive is going to blow up and soon.  Watch for the next correction and you'll see where active management is superior.  All this free money and low interest rates makes passive look good, but the punch bowl is being taken away as we speak.  Pick good active mutual funds (T. Rowe Price comes to mind, and no, I don't work for them).  This Vanguard craze will end badly for people.  One last point that is important.  It is hard to find managers that create enough alpha to cover their fees.  However, getting the asset allocation correct accounts for over 90% of your returns, hence hiring a qualified money manager (not a broker) who can help you get that right and take the emotion out of it.

Oh geez.

This is not on topic, even if they discussed a dislike for active management.

Start a new thread if you want people to rip you apart.

Everyone else, please do not respond to this. Keep responses on topic, about the ChooseFI podcast.

Cheers!
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: HawkeyeNFO on December 16, 2017, 12:12:09 PM
I'm in Investment Management, so ......(blah, blah, blah)

No bias here.  I prefer to let the facts speak for themselves.  On to the next post.....
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: BrakeForTurtles on December 16, 2017, 12:29:45 PM
I have a friend who is relatively frugal but has no idea about mustachianism or FI (I'm slowly introducing her to the idea). We had been talking about happiness and finding fulfilment so I recommend the Happy Philosopher episode to her. I almost had second thoughts about sharing it because the weird deep voice intro at the start about FI is so weird and culty. People who are on the path to FI don't need to be encouraged to "join them" and anyone who isn't familiar with the concept probably thinks it's some sort of brainwashing.

I haven't listened to too many episodes but I'm willing to give the most recent ones a go, seems like they're starting to get their delivery fine tuned. The Mad Fientist can only do so much so I'm glad other people are filling the niche as well.

ETA: I had to stop listening to Radical Personal Finance because the guy is so GD preachy and also refers to abortions as murdering babies. Woah dude!
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: tj on December 16, 2017, 01:32:04 PM
Quote
ETA: I had to stop listening to Radical Personal Finance because the guy is so GD preachy and also refers to abortions as murdering babies. Woah dude!

He has a lot of good stuff, but the religious overtones have definitely become more frequent.  I think he realizes that this listenership would be different when he made that change.
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: chasesfish on December 22, 2017, 08:49:01 PM
Today was another good episode.  Fritz was guest co-hosting and they did a Q&A.  Iím pretty happy with what this podcast is doing for the personal finance community
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: Cookie78 on December 22, 2017, 09:15:29 PM
I really love this podcast. Even from the beginning I enjoyed the energy and enthusiasm. :)

Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: Helvegen on December 30, 2017, 08:39:39 AM
My only complaint about this podcast is that there is so much time in the podcast devoted to nothing other than blowing glitter up their and other FIRE bloggers asses. So much of it is incredibly unnecessary and can be edited out.
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: Wings5 on December 30, 2017, 11:19:57 PM
I just listened to their podcast from Fincon. That was my intro and it felt a little bit like the old tiny classified ads commercials where you're sitting there wondering where the actual producess or method is.

That seems to be par for podcasts though since there is no time limit. I've recently started listening to podcasts and in general it seems there is plenty that could be cut out. Inside jokes, long self-advertisements, etc.
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: DarkandStormy on December 31, 2017, 08:23:36 AM
The Fincon was just a fluff episode, an ode to their first year in production.  Nothing more, nothing less.

There's generally more substance every other week, but I understand since it's the Holidays they wanted to scale it back.
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: DarkandStormy on February 27, 2018, 02:39:58 PM
Um, what? http://is4.mzstatic.com/image/thumb/Music128/v4/76/54/d9/7654d952-3cf9-674c-a72f-6eea1c351fac/source/170x170bb.jpg
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: tj on February 27, 2018, 03:14:32 PM
Um, what? http://is4.mzstatic.com/image/thumb/Music128/v4/76/54/d9/7654d952-3cf9-674c-a72f-6eea1c351fac/source/170x170bb.jpg

What is that? I didn't see it on the main website. What does it link to?
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: DarkandStormy on February 28, 2018, 06:58:10 AM
Um, what? http://is4.mzstatic.com/image/thumb/Music128/v4/76/54/d9/7654d952-3cf9-674c-a72f-6eea1c351fac/source/170x170bb.jpg

What is that? I didn't see it on the main website. What does it link to?

It's the new photo or tile for the podcast - https://itunes.apple.com/us/podcast/choosefi-financial-independence-podcast-for-mr-money/id1187770032?mt=2
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: infromsea on March 03, 2018, 07:42:32 AM
I just listened to their podcast from Fincon. That was my intro and it felt a little bit like the old tiny classified ads commercials where you're sitting there wondering where the actual producess or method is.

That seems to be par for podcasts though since there is no time limit. I've recently started listening to podcasts and in general it seems there is plenty that could be cut out. Inside jokes, long self-advertisements, etc.

Good points.

The longer I listen to podcasts and "participate" in the FI "scene" the more obvious the feedback loop of blogging/podcasts/create a product and sell it becomes. It's as if I can begin to "see the matrix" after enough exposure to it. From what I can gather, this is the current "model":

1. Develop your "story" (people love stories so be sure to have one, exaggerate if need be)
2. Create a blog
3. Join every social network known to man AND dogs, link, link, link
4. Create a podcast
5. Interview the "interesting folks" (Like MMM, Nord, Collins, etc.)
6. Run out of interesting folks to interview (only so much intel out there)
7. Interview other podcasters/bloggers, be sure and give them a chance to tell their story (again)
8. Develop a product to sell, most often, it's a book or a "course" that provides "secret knowledge" that can only be obtained via the course/personal coaching/book/APP/super secret section of the website....
9. Link to others in your space, get others to join the cause and "sell them" the plan you used so they create content you can link to (thus closing the feedback loop while enlarging the space)

Rinse, wash, repeat

I'm not saying I don't enjoy the FI podcast, it can be energizing in it's own way and I often learn from it, I also enjoy the other "paths" taken by others like MMM/Nord, the folks who truly had nothing to "sell" and I think that's the difference between the schools of thought, those who were teaching without trying to earn incomes and those who are still trying to monetize the "scene".

I think every "scene" gets monetized sooner or later, the same model is being used in the health/fitness podcast/blog "space".

Eventually, no one does any physical labor, we just all have blogs/podcasts/facebook pages talking about how to have a blog/podcast/facebook page......     :)
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: Nords on March 03, 2018, 09:43:26 AM
I just listened to their podcast from Fincon. That was my intro and it felt a little bit like the old tiny classified ads commercials where you're sitting there wondering where the actual producess or method is.

That seems to be par for podcasts though since there is no time limit. I've recently started listening to podcasts and in general it seems there is plenty that could be cut out. Inside jokes, long self-advertisements, etc.

Good points.

The longer I listen to podcasts and "participate" in the FI "scene" the more obvious the feedback loop of blogging/podcasts/create a product and sell it becomes. It's as if I can begin to "see the matrix" after enough exposure to it. From what I can gather, this is the current "model":

Rinse, wash, repeat

I'm not saying I don't enjoy the FI podcast, it can be energizing in it's own way and I often learn from it, I also enjoy the other "paths" taken by others like MMM/Nord, the folks who truly had nothing to "sell" and I think that's the difference between the schools of thought, those who were teaching without trying to earn incomes and those who are still trying to monetize the "scene".

I think every "scene" gets monetized sooner or later, the same model is being used in the health/fitness podcast/blog "space".

Eventually, no one does any physical labor, we just all have blogs/podcasts/facebook pages talking about how to have a blog/podcast/facebook page......     :)
From the other side of the podcast gear, I can attest that it's pretty much the same as daytime talk shows or talk radio.  No new models here!

Podcasters gripe about fellow podcasters who take too long to get to the point, or are too self-promotional, or too slimy about the sales.  It's supposed to work better as relationship marketing.  The professionals are learning from each other online, of course, but also at conferences like Podcast Movement, PodFest, and FinCon.  There's probably another dozen conference I'm not even aware of.

The "good" news is that listeners don't have to pay the podcaster's bills.  (An outsourced quality podcast can run $800-$1000/month in production costs.)  Just like radio & TV, that can be done by sponsors and advertisers.  We all debate the podcaster's additional expenses of mailing lists and transcripts (and now video), and then figure out how to get sponsor/ad revenue to monetize those features too.

I like guesting on podcasts because I can reach out to an entirely new audience, or reach my existing audience in a more convenient way.  I've recently realized that I could make it as simple as reading my top 10 posts into an audio file and just link that on the site.  Reading your posts out loud is an age-old proofreading technique, so I might as well do it into a live mic.

As soon as I catch up on all the other things I should be doing...

As far as the host (or guest) taking too long to get to the point:  the only tactics I'm aware of are speeding up the playback or skipping ahead in 30-second increments.  That depends on the podcast player.


Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: nick663 on March 03, 2018, 10:36:11 AM
This thread helped me discover the ChooseFI podcast and 9 months later I'm burnt out on it and only download episodes if I see an interesting guest.  I like Brad a lot but Jonathan gets a bit too preachy/excited at times.  I don't need to be sold on "the superpower of FI" or "just getting a little bit better"... I'm already listening.

The BiggerPockets Money podcast has taken their place in my podcast rotation.
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: infromsea on March 03, 2018, 04:06:18 PM
I just listened to their podcast from Fincon. That was my intro and it felt a little bit like the old tiny classified ads commercials where you're sitting there wondering where the actual producess or method is.

That seems to be par for podcasts though since there is no time limit. I've recently started listening to podcasts and in general it seems there is plenty that could be cut out. Inside jokes, long self-advertisements, etc.

Good points.

The longer I listen to podcasts and "participate" in the FI "scene" the more obvious the feedback loop of blogging/podcasts/create a product and sell it becomes. It's as if I can begin to "see the matrix" after enough exposure to it. From what I can gather, this is the current "model":

Rinse, wash, repeat

I'm not saying I don't enjoy the FI podcast, it can be energizing in it's own way and I often learn from it, I also enjoy the other "paths" taken by others like MMM/Nord, the folks who truly had nothing to "sell" and I think that's the difference between the schools of thought, those who were teaching without trying to earn incomes and those who are still trying to monetize the "scene".

I think every "scene" gets monetized sooner or later, the same model is being used in the health/fitness podcast/blog "space".

Eventually, no one does any physical labor, we just all have blogs/podcasts/facebook pages talking about how to have a blog/podcast/facebook page......     :)
From the other side of the podcast gear, I can attest that it's pretty much the same as daytime talk shows or talk radio.  No new models here!

As far as the host (or guest) taking too long to get to the point:  the only tactics I'm aware of are speeding up the playback or skipping ahead in 30-second increments.  That depends on the podcast player.

Good point about no new models, just shiny/new packaging. I see podcasting going the way of radio and TV now that the advertising is moving in and the "Tim Ferris" model is growing in popularity (lots of ad-reads, automate if possible).

As for speed, I listen to 80% of podcasts at 1.8 speed, I only slow down the "important" ones or those with a participant with a heavy accent (requiring me to listen at slower speed to make out what they are saying).

And by the way Nord, my quotes around "interesting people" in the above post was not in jest or sarcastic, you're one of the folks adding much more value than you are harvesting from the FI space (I assume...).
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: PluckyMoney on June 01, 2018, 01:18:43 PM
I like most of the Choose FI podcasts and I think these guys are doing good work in an enthusiastic manner. I was concerned that they were repeating a lot of interviews that I may have heard in other interviews from the Mad Fientist, for example, but I found that although there was some overlap there was also additional tidbits that their research drew out. I see them providing more food for thought in energetic way. They are striving to be inclusive and insightful. I do have a commute and they give me a weekly source of new material.
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: tanzee on June 10, 2018, 07:49:58 AM
My only complaint about this podcast is that there is so much time in the podcast devoted to nothing other than blowing glitter up their and other FIRE bloggers asses. So much of it is incredibly unnecessary and can be edited out.

Agreed 100%
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: DarkandStormy on June 10, 2018, 09:07:11 AM
I haven't listened since February. Someone on the pod mentioned the basics - "Cut your expenses well below your means, save/invest the rest in mostly low-cost index fun, and wait to hit ~25x your annual expenses." There is of course room for discussion on the margins, or for real estate, or starting a business, but that's FI at its core. I don't need a 2x/week podcast to tell me that.

It also got very cultish.  And I'll echo what others have said above - the constant "use or page for travel rewards / join the FB group / rate and review" just overpowered the episodes.  And from what I've read since I stopped, it doesn't seem like I've been missing much.
Title: Re: Who else is listening to the Choose FI podcast? Can we discuss?
Post by: tanzee on June 12, 2018, 07:38:08 AM
Exactly.  The BiggerPockets Money podcast offers the same FI motivation candy without the self congratulatory cult digressions.