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ChooseFI

504 | Visualizing Your Domino Effect | Devon

ChooseFI

Brad Barrett | Choose FI Media

Financialindependence, Investing, Firemovement, Passiveincome, Frugalliving, Personalfinancepodcast, Daveramsey, Careers, Business, Earlyretirement, Habits

4.8 β€’ 5K Ratings

πŸ—“οΈ 12 August 2024

⏱️ 73 minutes

🧾️ Download transcript

Summary

This week on ChooseFI, Brad welcomes Devon, a 22-year-old National Guard member and aspiring mechanical engineer, to discuss the power of intentionality and personal finance! Together, Brad and Devon explore how small, deliberate actions can create a domino effect in shaping one's financial future. Devon shares his journey from joining the National Guard at 17 to discovering financial independence through ChooseFI, and how his disciplined approach to life has led him to save for his first home, maximize military benefits, and even inspire his peers.

πŸ”‘ Key Topics Discussed:

  • The Domino Effect: How Small Actions Lead to Big Changes
  • Financial Independence: Starting Young and Staying Disciplined
  • Maximizing Military Benefits: Tuition Assistance and Beyond
  • Real Estate Goals: Saving for a Down Payment with Intentionality
  • Mentorship and Networking: Learning from Industry Professionals
  • Practical Financial Tips: Budgeting, Saving, and Investing Wisely

πŸ•’ Chapters:

  • Introduction to Devon's Story and His Early Start in FI
  • The Domino Effect: How Devon Visualizes His Financial Future
  • Navigating College and Military Life: Tuition, Benefits, and Budgeting
  • Saving for Real Estate: Devon's Plan to Buy His First Home
  • Mentorship and Networking: Building a Successful Career Path
  • Practical Financial Tips for Young Adults and Military Members
  • Intentional Living: Balancing Work, School, and Personal Goals
  • Key Takeaways and Final Thoughts

πŸ”— Devon's Links and Resources Mentioned in the Show:

Transcript

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0:00.0

Hello and

0:05.0

every so often, I'm going to choose a five today.

0:06.0

Our guest today is Devon and every so often at a live Fai event,

0:12.0

someone stands out so much that the rest of the group just stands up and takes notice.

0:19.8

And it has only happened to me one other time, and that was Cody Berman, way back in a very, very early Camp

0:28.0

Phi in Florida. At that point, he was a really young kid, he was 20 or 21, something 21 something like that it was just something so incredibly

0:35.0

impressive about him and it happened for a second time at the Chooseify Vegas event that I did with

0:42.0

Katie and Alan Donaghan and Devon the years old and the tale of action that he's taken since he joined the National Guard at

0:56.2

17 and found Chooza last year and is bombed through over 600 episodes and what he's done is nothing short of remarkable.

1:05.4

He showed me the presentation that he put together for his unit on personal finance and

1:10.8

fine and frankly I wouldn't have produced something quite that good.

1:15.0

So that's the kind of level he's playing at and I think this is just going to be really fascinating

1:19.9

for people of all ages to see what someone can do when they take concerted action

1:26.4

over a short period of time and how you can radically transform your life.

1:30.6

I think you're really gonna enjoy enjoy this episode and with that welcome to

1:34.2

choose that by.

1:35.2

Devon my friend is so good to see you again. This is now twice in two months that I've seen your face and yeah, it's really going to have here. I've been really looking for it in this episode.

1:52.0

How's it going?

1:53.0

Oh, it's going well, my friend.

1:54.6

I know you've had a busy day.

1:57.2

You are a college student studying mechanical engineering

2:01.1

and I know you just had a final and I gave you an out to maybe

...

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