CampFI LIVE Week 2 | MHFI 179

Doug and Carl answer a potpourri of audience questions at CampFI Rocky Mountain with help from meteorologist Kristen Knapp and frequent guest co-host/friend of the show Dusti Young.

  • What is the biggest lifestyle or other changes that happen between $2.5 million, $5 million, $10 million invested, if any, assuming that you’re relatively frugal but love to travel?
  • How do you move from a low-cost of living area to a high-cost of living area while pursuing FI?
  • Are you more afraid of dying young or running out of money?
  • Could you expound on the state of meteorology and more specifically why weather forecasts are wrong 97% of the time?
  • What would you change about your finances right now?
  • Is CampFI a cult?
  • What are the most efficient tools to plan your FI path and to keep track of the development?
  • What is your advice to fast-track pursuit of FI if real estate is not an option and index accumulation takes too long?
  • If you were to start a podcast today, where would you start?
  • What advice do you have to go from planning to taking action?
  • How do you know you have enough money?
  • Carl, do you feel you’ve changed after Ramit Sethi’s interview?
  • If you could experience being any other person for 24 hours, who would you pick and why?
  • How has your outlook on life changed in the past two years?
  • Please address the meaning of life and whether humans have free will over the smell of their pee after eating asparagus?
  • What is something you value but struggle or have hesitations spending on?
  • What do you and your partner argue about?
  • What kind of year has this been for you and what are you the proudest of?

Do you have a question that you want answered? If so, you can email us or head over to Buy Me A Coffee where you can also support the show.

Carl will be attending CampFI Southwest in Julian, CA on October 6-9, 2023.  For those interested in attending, use the coupon code JENSEN at checkout to save 10%.  https://campfi.org/event/campfi-southwest-2023/

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**Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won’t even make such a claim. You shouldn’t take the info as financial, legal, or tax advice. We aren’t certified financial planners or advisors. We’re not qualified for much. So get advice from professionals.**

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Email us here: doug@milehighfi.com or carl@milehighfi.com

0:00 Introduction

2:54 Lifestyle changes

8:16 Dying young vs. running out of money

16:56 Finance changes

22:18 Cult of FI

27:29 Fast-tracking FI

38:53 Enough money

46:38 Outlook on life

57:29 Proud moments