Kim – Blogger for The Frugal Engineers with a guide to college planning and early retirement. Kim shares how she and her husband have transformed their careers in a way where they can work from home using geo-arbitrage, simply moving to a lower cost of living area, she can be a stay-at-home mom, how they have learned from financial mistakes, supplemental incomes, and how they are preparing for their daughter’s education.
Post-Interview Analysis
Increase happiness by removing negatives instead of adding more positives. Take your time when making an emergency financial decision.
Episode Highlights:
- Schedule a video chat with Neil Henderson at roadtofamilyfreedom.com/contact
- What is the ‘a-ha moment’ when Kim learned about early retirement and financial freedom?
- What does Kim mean by graduating from the ‘Dave Ramsey School of Thought?”
- Kim discusses her and her husband’s F.I.R.E. (financial independence, retire early) status.
- Kim feels her retirement began when she was able to start working from home.
- How did Kim and her husband figure out their spending habits?
- What is the ‘4% Rule’ and ‘The Trinity Study?’
- What did their student loan debt look like?
- Kim talks about her biggest financial mistakes.
- When did they sell their second house?
- Having supplemental income sources if needed are important to figure out as back-ups.
- So many people’s identities are tied to what they do.
- You connect with people much more when you talk with people about what they like to do instead of what they have to do.
- What are some of the challenges of retiring early or being a stay-at-home mom?
- What does Kim feel the irony of Silicon Valley is?
- Working from home does present isolation issues.
- Where your money goes makes a big difference.
- How do Wyoming scholarships work?
- Kim talks about how she is planning for her daughter’s college education.
Books and Resources Mentioned:
- The Road to Family Freedom:
