Go Sober to Pay for College (and Save BIG) | MHFI 195

Doug and Carl have an in-depth conversation with Barbara Zink who is a mother & wife, an entrepreneur, and a personal finance enthusiast who describes herself as a “closet FI person.” Barbara shares her FIRE journey and how cutting back on alcohol consumption has not only resulted in several health benefits, but has also contributed greatly to her financial goals – the money saved from not drinking has helped fund her children’s 529 college plans, helped her start an online business, and funded a spousal IRA. Have you also decided to cut back on alcohol, but don’t know what to do with all the savings?  If so, come support us over at Buy Me A Coffee. Links ChooseFI podcast Mad Fientist podcast World Health Organization (WHO), “No level of alcohol consumption is safe for our health” Nick Loper/Side Hustle Nation Spousal IRA Huberman Lab, “What Alcohol Does to Your Body, Brain & Health” Allen Carr Mile High FI Facebook Group Doug’s site Carl’s blog: 1500 Days — Join the Mile High FI Club – It’s our email list! Get MHFi Merch – It helps support the show. Get t-shirts & more **Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won’t even make such a claim. You shouldn’t take the info as financial, legal, or tax advice. We aren’t certified financial planners or advisors. We’re not qualified for much. So get advice from professionals.** Brought To You By: The Doug Show, aka Affiliate Marketing & Side Hustles 1500 Days, Carl’s Blog about Early Retirement Email us here: [email protected] or [email protected] 0:00 Introduction 3:29 Barbara’s background & discovering FIRE 8:58 Water-saving tips 14:08 Decision to quit alcohol 19:54 Health benefits of quitting alcohol 26:09 Starting an e-commerce business 35:39 Impact of quitting alcohol 39:55 Triggers & tips to break alcohol habits 43:54 The power of community in sobriety 49:06 Soundcheck – Coffee vs. Mountain Dew