236: Finance Friday: Enjoy Life Before FI with Simple Investing Strategies

236: Finance Friday: Enjoy Life Before FI with Simple Investing Strategies

Strong frugality is hard to come by. Not many people would write off their solar system as a business expense and use bitcoin mining to provide heat to their house, instead of using a space heater. These are just two things that Yourri, an engineer and diversification whiz, has done to make his balance sheet as optimized as possible. Yourri has spent the better part of the last decade at school and was able to graduate with a phenomenal job doing something he loves. He makes $120,000 a year but has a big retirement goal of $7,000,000! While this may seem like a massive number to most, Yourri should be able to hit it with some regular investing due to his age and aggressiveness to invest. But, he’ll need to opt-out of an over-diversified investing strategy if he wants to reach this goal as fast as possible. Passion projects are also a big part of Yourri’s life, as he’d like to rebuild a vintage motorcycle, get his pilot license, and adopt as many dogs in need as he can. He has a calculated outlook on his financial growth, and there’s no doubt he’ll hit his goals! In This Episode We Cover Pursuing high-cost hobbies and understanding that FI isn’t all about saving every penny Whether or not diversification could be slowing down your net worth growth The “golden butterfly” investing ratio that helps mitigate risk when investing Writing off solar systems as a business deduction when in a buy-back program Mining bitcoin for not only extra income but free heat! Whether a 401(k) or a Roth 401(k) is the best option for your retirement And So Much More! Learn more about your ad choices. Visit megaphone.fm/adchoices

Jaksot(742)

How She Quit Full-Time Work at 27 Without Millions (Coast FI)

How She Quit Full-Time Work at 27 Without Millions (Coast FI)

What if you didn’t have to grind your way to financial independence? In this episode, Alyssa shares how she reached Coast FI by prioritizing flexibility, intentional spending, and what she calls “hobb...

7 Huhti 46min

Can He Retire in 10 Years? (We Ran the Numbers)

Can He Retire in 10 Years? (We Ran the Numbers)

Is a $2M net worth enough to retire in 10 years? In this Finance Friday episode, Mindy and Scott break down a real “messy middle” case study—Karl, a high-saving household navigating early retirement p...

3 Huhti 57min

How Tiffany Aliche Went from Rock Bottom to Millionaire

How Tiffany Aliche Went from Rock Bottom to Millionaire

From $500 a month to a $10M+ net worth, Tiffany Aliche shares how she rebuilt her life after $300K in debt—and the 10 pillars of “financial wholeness” that helped her do it. This episode of the Bigger...

31 Maalis 57min

The Hidden Systems Great CEOs Use Every Day

The Hidden Systems Great CEOs Use Every Day

What does it actually take to think like a CEO? In this episode, Scott Trench breaks down the essential “CEO toolkit”—from strategic thinking and financial fluency to culture, decision-making, and cri...

27 Maalis 55min

How Middle-Class Families Can Retire On Time Without Burning Out

How Middle-Class Families Can Retire On Time Without Burning Out

Building lasting wealth doesn’t have to be complicated. In this episode of the BiggerPockets Money Podcast, hosts Mindy Jensen and Scott Trench break down the Financial Stability Framework, a practica...

24 Maalis 42min

Why the Last 3 Years Before Early Retirement Matter Most

Why the Last 3 Years Before Early Retirement Matter Most

If you’re within three years of early retirement, your success depends on more than just your net worth. In this episode of the BiggerPockets Money Podcast, hosts Mindy Jensen and Scott Trench sit dow...

20 Maalis 1h 1min

The 13 Biggest Financial Independence Mistakes (That Delay FIRE by Years)

The 13 Biggest Financial Independence Mistakes (That Delay FIRE by Years)

What are the biggest mistakes people make on the road to financial independence? In this episode of the BiggerPockets Money Podcast, hosts Mindy Jensen and Scott Trench break down the 13 biggest FIRE ...

17 Maalis 37min

How He’ll Hit $500K by 30 (Coast FI Plan)

How He’ll Hit $500K by 30 (Coast FI Plan)

In this episode of the BiggerPockets Money Podcast, hosts Mindy Jensen and Scott Trench sit down with Evan Lawler, a full-time engineer and content creator, to break down his plan to reach Coast FIRE ...

13 Maalis 42min

Suosittua kategoriassa Liike-elämä ja talous

sijotuskasti
psykopodiaa-podcast
mimmit-sijoittaa
rss-rahapodi
ostan-asuntoja-podcast
rss-rahamania
rss-sisalto-kuntoon
sijoituspodi
rahapuhetta
rss-karon-grilli
herrasmieshakkerit
rss-bisnesta-bebeja
rss-draivi
leadcast
rss-lahtijat
rss-laakispodi
rss-seuraava-potilas
rss-paasipodi
rss-yrittajan-mindset
asuntoasiaa-paivakirjat