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(743)

286: Finance Friday: Building Your Financial Runway Even with Irregular Income w/ Eric Dunn

286: Finance Friday: Building Your Financial Runway Even with Irregular Income w/ Eric Dunn

It's not uncommon to have irregular income as a business owner or self-employed individual. But with different amounts of money coming in every month, how can you budget, invest, or plan? Some months ...

25 Maalis 20221h 24min

285: The Difficult Path to Wealth: Losing Money on Your First Real Estate Deal w/ JL Collins

285: The Difficult Path to Wealth: Losing Money on Your First Real Estate Deal w/ JL Collins

When most people think of JL Collins, they think of smart stock and index fund investing. In his classic, The Simple Path to Wealth, JL lays out the foundational path that investors can follow to secu...

21 Maalis 20221h 20min

284: Carl and Mindy’s Spending Summary: Why We Went $1,000 Over Budget…Again

284: Carl and Mindy’s Spending Summary: Why We Went $1,000 Over Budget…Again

Travel budgeting, sky-high gas prices, and “free” utilities are coming up in this month’s episode of Carl and Mindy’s Spending Summary. Like many Americans, Carl and Mindy didn’t have the easiest time...

18 Maalis 202239min

283: 8+ Income Streams as a Single Mom and Money Master w/ Tiffany Grant

283: 8+ Income Streams as a Single Mom and Money Master w/ Tiffany Grant

Multiple streams of income are a must if you’re trying to hit financial independence, retire early, and have the luxury of time brought back into your life. While most people simply rely on one stream...

14 Maalis 20221h 3min

282: Finance Friday: Got a Late Start? Here’s How to Ramp Up Your Passive Income

282: Finance Friday: Got a Late Start? Here’s How to Ramp Up Your Passive Income

Passive income is the name of the game when it comes to real estate investing. While equity can help you build wealth, passive income is what can get you on the road to financial independence. But wha...

11 Maalis 20221h 7min

281: Former Fed President Warns Easy Money Will Bring Big Consequences for Investors w/ Tom Hoenig

281: Former Fed President Warns Easy Money Will Bring Big Consequences for Investors w/ Tom Hoenig

Inflation can be a detriment to any early retirement plan. At first, you may think you only need a certain amount of money to retire, and maybe you’re adjusting for inflation when you do these calcula...

7 Maalis 20221h 12min

280: Finance Friday: Who Should (and Shouldn’t) Be Investing in Real Estate

280: Finance Friday: Who Should (and Shouldn’t) Be Investing in Real Estate

Investing in real estate is a proven way to build wealth, produce more cash flow, and retire early. But, not everyone is cut out to do every type of real estate investing. Some strategies take dramati...

4 Maalis 20221h 2min

279: Digital Nomad-ing and Answering All Your FIRE Healthcare Questions w/Amy & Tim from GoWithLess

279: Digital Nomad-ing and Answering All Your FIRE Healthcare Questions w/Amy & Tim from GoWithLess

Health insurance for early retirement? Is that even a thing? If it is, it doesn’t seem self-evident in the United States. For most early retirees within the USA, you have a couple of options for healt...

28 Helmi 20221h 15min

Suosittua kategoriassa Liike-elämä ja talous

sijotuskasti
mimmit-sijoittaa
rss-rahapodi
psykopodiaa-podcast
rss-sisalto-kuntoon
ostan-asuntoja-podcast
rss-rahamania
rss-lahtijat
rss-sami-miettinen-neuvottelija
rss-startup-ministerio
hyva-paha-johtaminen
lakicast
rss-seuraava-potilas
herrasmieshakkerit
leadcast
rahapuhetta
sijoituspodi
rss-porssipuhetta
rss-bisnesta-bebeja
rss-viisas-raha-podi