The Unspoken Strain of F.I. | Diania Merriam - E71
- Jan 28, 2024
- 54:08
- Full Episode
Diania Merriam is the founder of the EconoMe Conference, an exclusive gathering for the FIRE community (financial independence, retire early). Inspired by FIRE, Diania hit an impressive 60% savings rate and retired at 33. Of course, in retirement, you've got to stay active; what's the point of financial freedom if you've got nothing to do? Diania joins Jesse today to discuss CoastFI, SlowFI, and the need to enjoy the journey. If you're saving for retirement, but aren't sure what to do with that retirement, this episode is for you!
Key Takeaways: • What inspired Diania to walk the Camino de Santiago. • How to disconnect for your career with purpose. • Why you need a vision for what your retirement will look like. • Don't wait for financial independence to change your life. • What are SlowFI and CoastFI? • How to be an efficient saver, not a deprived saver. • Why FI is better with friends.
Mentions:
🌐 EconoMe Conference: https://economeconference.com/
🎙️ Optimal Finance Daily: https://oldpodcast.com/optimal-finance-daily-podcast/
🎙️ ChooseFI Podcast: https://www.choosefi.com/listen/choose-fi-podcast/
📚 Robert Kiyosaki's Awful Takes: https://bestinterest.blog/wp-content/uploads/2021/09/Kiyosaki_2-scaled.jpeg
📚 The Fioneers: https://thefioneers.com/
📚 Blowhards, Broken Clocks, and Confirmation Bias: https://bestinterest.blog/confirmation-bias/
📚 Rich Wolf, Poor Sheep: https://bestinterest.blog/rich-wolf-poor-sheep/
More of The Best Interest:
Check out the Best Interest Blog at bestinterest.blog (https://bestinterest.blog/)
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The Best Interest Podcast is a personal podcast meant for educational and entertainment. It should not be taken as financial advice, and is not prescriptive of your financial situation.
Brief Summary
Diana Miriam discusses her financial journey, the Camino de Santiago, and the Economy Conference focused on financial independence.
Key points
- Welcome to The Best Interest Podcast. Join Jesse Kramer as he shares insights on personal finance and investing.
- Robert Kiyosaki's Predictions. Jesse discusses Kiyosaki's history of doom predictions and their implications.
- The Camino de Santiago Journey. Diana Miriam shares her transformative experience hiking the Camino de Santiago.
- The Challenge of Disconnecting. Taking a sabbatical can be surprisingly easy when you focus on a new challenge.
- The Emotional Weight of Money. Many people find themselves lost after reaching financial independence, realizing money can't answer deeper questions.
- Exploring New Passions. Pursuing interests can lead to unexpected revelations about what truly brings joy.
Episode highlights
- Robert Kiyosaki's PredictionsJesse discusses Kiyosaki's history of doom predictions and their implications.“Robert Kiyosaki is predicting Doom and Gloom for the economy again.”1:44Jan 28, 2024
- The Camino de Santiago JourneyDiana Miriam shares her transformative experience hiking the Camino de Santiago.“Age is just a number.”19:28Jan 28, 2024
- The Challenge of DisconnectingTaking a sabbatical can be surprisingly easy when you focus on a new challenge.“I thought it was going to be really hard for me to disconnect.”21:24Jan 28, 2024
- The Emotional Weight of MoneyMany people find themselves lost after reaching financial independence, realizing money can't answer deeper questions.“I think we're asking our money to do a lot more emotional heavy lifting than it's capable of doing.”28:36Jan 28, 2024
- Exploring New PassionsPursuing interests can lead to unexpected revelations about what truly brings joy.“I feel like I gave it my best shot and I'm really glad that I did it.”33:04Jan 28, 2024
- Retiring Early at 33A personal journey of retiring from a corporate career at a young age.“I ended up retiring from my corporate career at 33.”39:03Jan 28, 2024
- Perspective on ConsumerismShifting views on consumerism and recognizing one's own privilege.“I think it’s more of a perspective shift.”45:29Jan 28, 2024
- The Economy ConferenceAn event designed to inspire and connect people on their financial independence journey.“Fi is better with friends.”50:00Jan 28, 2024
