029R | In today's Friday Roundup we discuss our key takeaways from Episode 29: The Reluctant Frugalist vs. the Aspiring Minimalist, plus feedback from the audience as well as two of our in-house experts.
How Jonathan used travel rewards points to book two round-trip flights to South Africa to visit his wife\u2019s family. Only 128,000 points! How to think through a travel rewards redemption and where to start
The essential nature of the psychology when considering financial independence
How to approach your spouse/significant other about FI and what to avoid \u2013 namely the word \u201cretirement\u201d What is Brad willing to spend significant money on? Email from Bo about a new term: A \u2018Valuist\u2019 and how this applies to Brad Feedback from our Facebook group from Christopher about a \u2018false dichotomy\u2019 Feedback from Jessica \u2013 there are no rules of being a minimalist, it\u2019s a journey and a mindset Voicemail from Geoffrey about reducing stuff and choice with a cool challenge with your clothes How the KonMari method tidying has transformed lives How to have a conversation with friends and coworkers about FI when they know nothing about it The difficulties of talking about FI at work and how to navigate that Know your audience when discussing FI and figure out an approach that will resonate with people Update from in-house experts: Millionaire Educator released his 2017 Free Money tables Big Ern responds to Mark\u2019s question on the pluses and minuses of ETFs and mutual funds and how to choose between the two New in-house expert: Noah from Money Metagame who will share life hacks Voicemail from Noah about how to save on purchases using discount gift cards as payment Voicemail from Marilyn challenging the \u2018sacred cow\u2019 of always buying used cars and how it can be a smarter decision to buy a less expensive new car that you plan to keep for a long time Can a car loan make sense if you have a lower interest rate? How to negotiate on purchases by mass emailing multiple competitors and Brad\u2019s challenge to the audience Frugal wins of the week from our private Facebook group Book giveaway and iTunes review Links from the show: Decision Fatigue article at Wikipedia Headspace Mad Money Monster: Early Retirement Resistance - When Friends Push Back 1500 Days ESI Money Mr. Money Mustache Millionaire Educator\u2019s 2017 Free Money! Tax tables Early Retirement Now Money Metagame Gift Card Wiki Books Mentioned in the Show: The Life Changing Magic of Tidying Up