162 - Crush Debt And Build Financial Independence With Jonathan Mendonsa
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On today\\u2019s episode, we talk money with Jonathan Mendonsa. Jonathan is a previous pharmacist turned financial guru. He shares his story of how he racked up $168,000 of debt going through pharmacy school in order to get that high paying job out of college, and how he soon discovered he was stuck on the proverbial hamster wheel. By \\u201ckeeping up with the Joneses\\u201d and paying back student loan debt, he soon tired of what he calls the rat race and decided to learn a different money strategy.
Jonathan made it his mission to study finance and as a result, paid off all of his debt in just a few short years and since has helped thousands of people realize the power of pursuing financial independence. As co-host and co-founder of ChooseFI, he has used his love/hate relationship with frugality as fuel to build a community around the FI (Financial Independence) lifestyle.
This is THE episode to listen to if you\\u2019re looking for simple tactics to start saving and paying off debt. Jonathan shares his strategy for creating financial independence at a young age. -- I mean, why wait for retirement? We discuss simple advice on how to break free from the debt trap, how to find your FI number, the biggest fundamental financial mistakes and the difference between being rich and being wealthy. If you wish to get some quick, easy and simple money advice along with some easy to implement tips for wealth building. This is a must-listen.
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