{"href":"http://player.captivate.fm/services/oembed?url=http%3A%2F%2Fplayer.captivate.fm%2Fepisode%2Fe5bc790f-d36e-433c-b113-59c7d8436524","version":"1.0","provider_name":"Captivate.FM","provider_url":"https://www.captivate.fm","width":600,"height":200,"type":"rich","html":"","title":"How Happiness and Investing Your Money Can Be Congruent Goals I E31 Joel O\u2019Leary aka 5am Joel","description":"How would you feel about retiring 5, 10, even 20 years earlier than you planned? This probably raises some skeptical eyebrows but hundreds of people are doing just that through a movement called FIRE: financial independence, retire early.\nInside groups pursuing FIRE, it\u2019s common to hear of a couple who retired in their mid-40s. With time, discipline, and understanding of basic financial concepts, I believe you can do this as well.\nJoel O\u2019Leary is here with me today to talk about his experience with FIRE and how he\u2019s found balance with this popular movement.\nBy listening to this episode, you\u2019ll also hear us discuss the epiphanies Joel has had during his 3 year sabbatical, how he built and continues to grow his real estate portfolio, and why he believes happiness is a choice (along with a good story to back it up).\n\u00a0\nKey Takeaways:\n[1:52] Why Joel took a sabbatical and what he has learned since quitting his job\n[15:34] The impact Joel\u2019s parents had on his financial habits\n[22:34] How Joel uses real estate to create wealth\n[28:59] What is FIRE and where is Joel on his journey\n[39:08] Debunking common myths about FIRE\n[42:52] Joel believes happiness is a choice\n\u00a0\nFavorite Quotes:\n[6:14] \u201cI missed like 50 paychecks in a row\u2026$0, $0, $0. Talk about facing your fears\u201d\n[30:32] \u201cIt\u2019s a bit of an immature mindset because they think that achieving FIRE is going to magically improve their life.\u201d\n[36:05] \u201cI don't want to make decisions based on money anymore. It frustrates me that I have to think about how much this is going to cost me or how much this is going to make me.\u201d\n[42:19] \u201cYou can achieve financial independence on a very small salary as long as you are spending less than you are earning.\u201d\n[43:49] \u201cI personally think happiness is a choice.\u201d\n\u00a0\nMore of Joel:\nSubscribe to 5am Joel email list: http://www.5amjoel.com/\nLearn more from Joel: www.budgetsaresexy.com\n\u00a0\nMore of TSIR:\nFind show notes and more at https://www.tsirpodcast.com/\nFollow us on Instagram at https://www.instagram.com/tsirpod/","thumbnail_width":300,"thumbnail_height":300,"thumbnail_url":"https://artwork.captivate.fm/7e98769c-360d-4de6-a3fd-9acb8bbd40f6/cover-art-49-9g9un.png"}