Doug and Carl have an in-depth conversation with Barbara Zink who is a mother & wife, an entrepreneur, and a personal finance enthusiast who describes herself as a “closet FI person.”
Barbara shares her FIRE journey and how cutting back on alcohol consumption has not only resulted in several health benefits, but has also contributed greatly to her financial goals – the money saved from not drinking has helped fund her children’s 529 college plans, helped her start an online business, and funded a spousal IRA.
Have you also decided to cut back on alcohol, but don’t know what to do with all the savings? If so, come support us over at Buy Me A Coffee.
Links
- ChooseFI podcast
- Mad Fientist podcast
- World Health Organization (WHO), “No level of alcohol consumption is safe for our health”
- Nick Loper/Side Hustle Nation
- Spousal IRA
- Huberman Lab, “What Alcohol Does to Your Body, Brain & Health”
- Allen Carr
- Mile High FI Facebook Group
- Doug’s site
- Carl’s blog: 1500 Days
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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.**
Brought To You By:
The Doug Show, aka Affiliate Marketing & Side Hustles
1500 Days, Carl’s Blog about Early Retirement
Email us here: doug@milehighfi.com or carl@milehighfi.com
0:00 Introduction
3:29 Barbara’s background & discovering FIRE
8:58 Water-saving tips
14:08 Decision to quit alcohol
19:54 Health benefits of quitting alcohol
26:09 Starting an e-commerce business
35:39 Impact of quitting alcohol
39:55 Triggers & tips to break alcohol habits
43:54 The power of community in sobriety
49:06 Soundcheck – Coffee vs. Mountain Dew