46: Engineering Passive Income Streams to Fund the Life You Want with Financial Samurai

46: Engineering Passive Income Streams to Fund the Life You Want with Financial Samurai

This week’s episode features Sam Dogen from Financial Samurai. After one month working for a top investment firm, Sam knew 70-hour workweeks were not the life he wanted. So Sam took action immediately. Instead of fancy cars and dinners out, Sam shared a studio apartment with a friend and socked away HUGE sums of money—50% of mediocre starting salary. He invested in real estate (shocker), stocks, and bonds—and continued his massive savings rate. Taking advantage of the economic downturn, Sam engineered his layoff and an enormous payout. Sam now lives the life he wants, having set up multiple passive income streams during his working years. He spends time with his family every day and embodies the concept of financially free. He no longer trades his time for money; his money just simply reproduces itself and does all the heavy lifting. This episode is a great look at how a little upfront discomfort can lead the your best life. Links from the Show Craigslist PayPal BiggerPockets Jobs Why Households Need To Earn $300,000 A Year To Live A Middle Class Lifestyle Today (blog) Don't Quite, Get Laid Off Instead (blog) Learn more about your ad choices. Visit megaphone.fm/adchoices

Jaksot(742)

439: Watch Out for These Financial Infidelity “Red Flags” in Your Marriage

439: Watch Out for These Financial Infidelity “Red Flags” in Your Marriage

What should you do if you suspect financial infidelity from a partner? Money is a taboo subject in many marriages, and it doesn’t help that some spouses take a hands-off approach to personal finance. ...

7 Elo 202346min

438: The Beginner’s Guide to Investing (Start with Just $100!)

438: The Beginner’s Guide to Investing (Start with Just $100!)

Only have $100 – $5,000 but want to know how to invest it wisely? No amount is too small to start building smart money habits today. While some asset classes may not be viable for you just yet, there ...

4 Elo 202342min

437: Wedding Costs Are WILD: Is Your Dream Day Worth Going Into Debt?

437: Wedding Costs Are WILD: Is Your Dream Day Worth Going Into Debt?

Wedding costs have been slowly growing over the past few decades. But recently, after a wild 2020, 2021, and 2022 wedding season, the average wedding cost has hit heights that most Americans simply ca...

2 Elo 202346min

436: How to Get Rich Slowly and Retire Earlier Than Most with a Modest Portfolio

436: How to Get Rich Slowly and Retire Earlier Than Most with a Modest Portfolio

“Get rich slowly” is a concept that most people in the FIRE community can get behind. “Time off,” on the other hand, seems to go against the idea of grinding to financial independence now and waiting ...

31 Heinä 202353min

435: Ask Mindy and Scott: Early Retirement, Asking for a Raise, and Stolen Money

435: Ask Mindy and Scott: Early Retirement, Asking for a Raise, and Stolen Money

Is early retirement healthcare crushing your budget? Are you tired of getting your standard two percent raise every year? What do you do when a “friend” borrows money and never pays you back? Some per...

28 Heinä 202337min

433: Ramit Sethi Revisited: Spend Like Your Life Depends on It

433: Ramit Sethi Revisited: Spend Like Your Life Depends on It

The last time Ramit Sethi was on the show, tears were shed, money fears were exposed, and Mindy was forced to take a hard look at her financial habits. Now, Ramit is back, as we revisit some of the cr...

24 Heinä 202350min

432: Hesitant to Invest? How to Avoid Running Out of Money During Retirement

432: Hesitant to Invest? How to Avoid Running Out of Money During Retirement

Terrified of running out of money in retirement? Countless people share the same fear. With so much recent discourse surrounding inflation and a looming recession, you may have a tighter grip on your ...

21 Heinä 202359min

431: Women in Real Estate: Closing the “Investing Gap” and Getting Started

431: Women in Real Estate: Closing the “Investing Gap” and Getting Started

The gender investing gap is real, but it’s not due to women lacking capital. More often than not, women are saving their money rather than investing in real estate and allowing it to grow. As successf...

17 Heinä 202344min

Suosittua kategoriassa Liike-elämä ja talous

sijotuskasti
mimmit-sijoittaa
psykopodiaa-podcast
rss-rahapodi
rss-sisalto-kuntoon
rss-rahamania
ostan-asuntoja-podcast
herrasmieshakkerit
rahapuhetta
sijoituspodi
rss-lahtijat
rss-karon-grilli
oppimisen-psykologia
lakicast
rss-startup-ministerio
rss-bisnesta-bebeja
rss-paasipodi
rss-yrittajan-mindset
rss-viisas-raha-podi
rss-draivi