Episode #474

Deep in the forest, a secret financial independence summer camp is being held. Multiple times a year, all across the country, millionaires, financial freedom achievers, and those still on or just starting their FIRE journey meet up for a weekend like no other. Those who have achieved FIRE in their 30s, 40s, and 50s give advice, tips, and tactics to those who want to leave their jobs behind and see what a life of financial freedom feels like. It’s such a can’t-miss event that Mindy and Scott are regulars there too!

Of course, we’re talking about CampFI, where you can roast marshmallows, talk about Roths, scheme with other investors on the best way to make millions, or simply meet the financial independence heroes you’ve only seen online. Throughout the year, these camps are held in every corner of the country, and today, you’ll get to hear exactly what happens around the campFIre.

For that, we brought on CampFI founder Stephen Baughier to tell us more about this exclusive financial independence experience and his own journey to FI. After a tough wake-up call in his mid-30s, Stephen made it his goal to reach financial freedom, but not on the fast-paced schedule most FIRE chasers think of. Hear how Stephen was able to downsize his life, cut his spending, and have ultimate time freedom without having to work his tail off!

Show Notes at:
https://link.chtbl.com/Money
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Past Episodes Mentioned in Today’s Show:
Doug Nordman: https://www.biggerpockets.com/blog/biggerpockets-money-podcast-136-doug-nordman-carol-pittner?utm_source=youtube&utm_medium=description&utm_campaign=none
Mr. Money Mustache: https://www.biggerpockets.com/blog/money-377?utm_source=youtube&utm_medium=description&utm_campaign=none
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Attend CampFI:
Website: https://campfi.org/
Stephen’s Email: campfi.org@gmail.com
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Connect with Scott and Mindy on BiggerPockets:
Scott: https://www.biggerpockets.com/users/scotttrench?utm_source=youtube&utm_medium=description&utm_campaign=none
Mindy: https://www.biggerpockets.com/users/mindyjensen?utm_source=youtube&utm_medium=description&utm_campaign=none



00:00 Intro

02:35 Making the Wrong Money Moves

09:56 The CampFI Experience

15:49 Costs, Locations, and More

18:42 Stephen’s FI Progress

22:23 FIRE Lessons Learned

27:36 Connect with Stephen!

28:37 Best Advice from CampFI