110: Systematically Increasing Income and Intentionally Decreasing Spending with A Purple Life

110: Systematically Increasing Income and Intentionally Decreasing Spending with A Purple Life

Purple graduated from college and got a job in New York City making $35,000 a year. And spending $35,000 a year. Her net worth was a whopping $5,000. Her partner shared the concept of financial independence with her, but she wasn’t interested. Two years later, her net worth had grown considerably, but she was still not tracking her spending or paying attention to much of her finances. So, she took a good look at her money situation and discovered that there were places she could make cuts—yet not really feel them. She moved across the country, she changed jobs, she asked for raises. And she saved and invested her money. And her net worth grew to the point that she is retiring before the end of the year and traveling the world—all because she looked at her financial situation and said, “I can do better than that!” Listen in to hear just how she increased her income and decreased her spending to craft the life she wanted! In This Episode We Cover: Purple's journey with money Her mom's gift Deciding to seek financial independence Convincing your partner to pursue FIRE Purple's net worth Tips for people who are looking for a new job and better income The importance of research Purple's plan in the future What her retirement looks like Possible downsides of remote work And SO much more! Links from the Show Reddit Mr. Money Mustache Glassdoor Indeed PayScale cFIREsim BiggerPockets Money Facebook Group BiggerPockets Money Survey Learn more about your ad choices. Visit megaphone.fm/adchoices

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31: How to Boost Your Income & Investments for a Faster Route to Financial Freedom

31: How to Boost Your Income & Investments for a Faster Route to Financial Freedom

Continuing where we left off from last week’s episode, this show discusses increasing your income by recognizing existing opportunities and making your own opportunities through side hustles. The show...

30 Heinä 20181h 2min

30: How to Cut Expenses for a Faster Route to Financial Freedom

30: How to Cut Expenses for a Faster Route to Financial Freedom

We’ve interviewed more than 30 people for the BiggerPockets Money Podcast over the course of this year — and we’ve got a LOT more people to interview! We’ve heard from so many  listeners: “I’d like to...

23 Heinä 20181h 3min

29: From $200,000 in Student Loan Debt to $150,000 Net Worth in 3 Years with Nick and Alyssa Parros

29: From $200,000 in Student Loan Debt to $150,000 Net Worth in 3 Years with Nick and Alyssa Parros

Nick and Alyssa were high school sweethearts, who went to college where their family attitudes toward money came to light. Nick’s “save up for it” mindset saw him graduate with around $50k in student ...

16 Heinä 20181h 14min

28: How Anyone Can Easily Make Extra Money Using Side Hustles with Nick Loper

28: How Anyone Can Easily Make Extra Money Using Side Hustles with Nick Loper

Side hustle is a huge buzzword in the FI community. Make extra money on the side doing something fun, something you love, or even just something that pays really well. Today we bring in Nick Loper, Fo...

9 Heinä 20181h 12min

27: How to Get Even MORE from Your Travel Rewards Credit Card with Lee Huffman

27: How to Get Even MORE from Your Travel Rewards Credit Card with Lee Huffman

Open up a credit card, earn miles, get a free plane trip or hotel room. Sounds great, right? But what if you could exponentially increase your travel rewards? Fly free every time. Never pay for a hote...

2 Heinä 20181h 16min

26: Graduating College on Track for Financial Independence with Cody Berman

26: Graduating College on Track for Financial Independence with Cody Berman

Cody Berman: Remember that name because this kid is going places. Currently traveling in Australia, Cody began his journey into personal finance and intentional living as a child, when his dad taught ...

25 Kesä 20181h 19min

25: Raising a Family While Seeking Financial Freedom with Chris and Debbie Emick

25: Raising a Family While Seeking Financial Freedom with Chris and Debbie Emick

Chris and Debbie Emick have two daughters—AND are well on their way to financial independence through a combination of local and long distance real estate investing coupled with frugality and consciou...

18 Kesä 20181h 8min

24: Getting Financially “Naked” with Your Significant Other — With Erin Lowry

24: Getting Financially “Naked” with Your Significant Other — With Erin Lowry

Erin’s parents taught her about money from a very early age. She paid for half of everything she wanted, which helped her figure out financial prioritization. When it came time for college, she decide...

11 Kesä 20181h 9min

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