Financially Independent Teachers
Welcome to the Financially Independent Teachers Podcast- where educators come together to discuss their journey on the road to financial independence. Each week, Dave and Brandon interview teachers who are winning with money and welcome financial industry experts like JL Collins, Andy Hill, Andrew Hallam (Millionaire Teacher) and Rachel Cruze (daughter of Dave Ramsey). There are plenty of voices in the teachers' lounge telling you that you can't build wealth on an educator income, let FIT provide hope that you CAN!
Episodes
263 episodes
EP 263-Jermaine NC TA Case Study Update Phase I and II
Jermaine was a guest on FIT back on Episode 249 in early January. On that episode, Jermaine shared how he was making almost 2k per month moonlighting as a DoorDash delivery man. After learning Jermaine's story, he looked in the mirror and said ...
EP 262-3 Bucket Investing and Roth Conversions with David Gourley
Traditional, Pre-Tax, Roth, Post-Tax, Brokerage Accounts...these investment accounts can be so confusing, especially to newbies. Do you want to pay taxes now or later? Is there a better time to convert funds during a particular time of life?
EP 261-California Speech Therapist Learns True Meaning of ER Fund
Rachel has had a lot of financial ups and downs, but finally got serious about her money three years ago. A speech therapist, Rachel didn't get started in her career until 31, so she felt like she felt like she had a late to start making "adult...
EP 260-NJ Teacher Couple Maxes Out 457b/403b/Roth IRA's---140k Combined Income
NJ high school teacher is married to NJ high school EC teacher. Before having their first child, they caught the FIRE bug in their early to mid twenties. They didn't do it forever, but they lived on a very modest 40k per year in annual spending...
EP 259-Millionaire Math Teacher--- Net Worth Trap?
There is a big difference between being high net worth and income producing assets. Sure, a paid for house is GREAT...BUT, it is not going to make you any money (unless you house hack). Good intentions can lead to a BAD retirement. The Milliona...
EP 258-CA Math Teacher Transforms Approach on Saving and Investing for Retirement
Louis is a soon to be retired California middle school math teacher, and he is thankful to have started investing as a young teacher, however, he was setup by the classic "sharp dressed man" in the teachers lounge...high fees, subpar investment...
EP 257-KY Middle School Teacher Planning on Retiring at 47...How?
Brandon is a 27-year old teacher from KY...although current pension rules are different, he falls under their old pension rule, which will enable Brandon will to able to retire with a full pension after 27 years of Kentucky service. Because he ...
EP 256-FL Social Studies Educator Learning Ins and Outs of Personal Finance Beyond 40
Jessica has been teaching in Florida since 2003, although she did some investing while in HS, the personal finance bug caught her in her 40's. We discuss the power of teachers understanding all of the investing buckets available to them, the me...
EP 255-Married (PA) Teacher Couple Hit the Road Each Summer---RV Life!
Married (PA) teacher's Dale and Kendra love taking advantage of their summer time teacher schedule. Each year, they load up and hit the road with their twins and make memories together that wouldn't be possible without the schedule of a teacher...
EP 254-Married Michigan Teacher Duo Pursuing Early Retirement
A married Michigan teacher couple uses each summer to scratch their travel itch. Last summer, they spent over 50 days in Europe. Before that, they spent much of summer in Indonesia. This summer, they are headed to Belgium! With a combined teach...
EP 253-Credit Card Use DID NOT WORK---15 Years of the Envelope System Explained
Early in their marriage, Dave and Stephanie took part in a local Dave Ramsey FPU class. After "graduating", they started using the cash envelope budgeting system. Fifteen years later, and some financially milestones met, they decided to switch ...
EP 252-Importance of Systems and Making it Automatic with Andrew Giancola
On this week's episode, I welcome national financial voice and host of the Personal Finance Podcast, Andrew Giancola back to the show. He shares the importance of automation and how to set up your accounts and make your personal finance life au...
EP 251-GA PE Teacher (42) crosses over $1,000,000 in Investments
No lotto winnings, no inheritance, no real goal of becoming a millionaire. However, a 42-year old Cobb County GA PE teacher recently crossed over $1,000,000 in investments. Now in his 20th year teaching, he moved from NE Ohio to ATL as a 22-yea...
EP 250-Dave's Bigger Pockets Money Appearance
A little over five years ago, Dave started Financially Independent Teachers...a passion project to inspire other educators to get smart with their money and maximize their finances. Up until the birth of FIT, Dave and his wife Stephanie started...
EP 249-NC TA Starting Money Journey
This week, I interview Jermaine, a TA and coworker at Jacksonville High School. At 45, with the last of his three kids almost out of college, he's ready to start his financial journey. From working for the Philadelphia Eagles to being a real es...
EP 248-NEW SEASON! Greg (TX) Advice Beyond Financial Numbers
Greg is a retired teacher living in the Dallas area who decided to come back to the education space and work part time. Even though he has a net worth of 6+ million dollars, Greg had a major health scare that had him start making some critical ...
EP 247-8 Timeless Financial Truths with Justin Garritt and Wife Paulina
In our last episode of the season, I welcome back fan favorite, Justin Garritt back on the show to discuss 8 timeless lessons surrounding our lives and money. In addition, we are joined by Justin's wife, Paulina, as she shares insight on the to...
EP 246-Millionaire Math Teacher Year in Review
The Millionaire Math Teacher shares his year in review with the FIT audience. How much did his investments produce this year? How much did he spend? Where did he travel? John is a retired NC HS math teacher, married to a retired RN. Together, t...
EP 245-Thoughts on Social Security with Lucretia Ryan
On this episode, we welcome Lucretia Ryan back to the show! Raised by educators in NYC, Lucretia has a heart for teachers and providing her expertise and free resources. With recent changes, SS is now on the table for ALL teachers, even i...
EP 244-NC Treasurer Brad Briner Part II-NC Investments and State of Education
NC Treasurer, Brad Briner is back for part II of our discussion on the state of being an NC teacher. Be a guest on the show:https://www.financi...
EP 243-NC Treasurer Brad Briner Part I-NC Pension and NC Healthcare
Last November, North Carolina elected a new state treasurer, Brad Briner. Briner, 47, has 25 years of experience managing investments and recently retired as co-chief investment officer from Willett Advisors, the firm that manages assets for Mi...
EP 242-Author Whitney Elkins-Hutten Generational Wealth
After achieving financial independence for herself and her family through real estate, Whitney knew that she didn’t want her knowledge to go to waste. So, she de...
EP 241-How to be a Millionaire Teacher in 40 Years
We've all seen the Ramsey Solutions research, "teacher" was the third most common career in his survey of 10,000 millionaires...Do most teachers think it is possible to join that club...after 20 years as a teacher, I would say the answer is a r...
EP 240-NC Middle School Teacher Writes "An Educator's Guide to Taking Control of Your Finances for a Brighter Tomorrow"
James Stout has been a teacher for 25 years in North Carolina. Investing in his first mutual fund at 12 years old, James as always had an affinity for money and planning for a brighter future. After seeing many of his colleagues struggling to l...
EP 239-Tennessee Instructional Coach and Vet Husband Discuss Teaching Superpowers
Matt and Lauren are both 43 years old while living south of Nashville, TN. Matt has his own practice as a vet, but relies on his wife for her health insurance. Matt is the child of a teacher and has a heart for educators, he says we actually ma...