368: Lynne Twist’s “Want Less, Obtain More” Philosophy All FI-Chasers Should Follow

368: Lynne Twist’s “Want Less, Obtain More” Philosophy All FI-Chasers Should Follow

Lynne Twist’s The Soul of Money sparked a conversation we needed to have. It didn’t make people think “how do I make more money,” instead it asked, “what world am I making with the money I have?” For decades, Lynne has beenfundraising for charities and causes around the globe. From ending world hunger to fighting for the climate, she’s made sure that her dollars are best put to use, helping the most people she can with the money she makes. Lynne’s rock-solid financial sense came from an unusual background. Her mother was raised well-off, but her family’s wealth came crashing down when they were forced to flee the home abroad they had made for themselves. Then, when Lynne’s father died, her mother became increasingly frugal, but for a good reason. Lynne’s mother wanted to use her money to give, not get, making every cent count in the budget. Later in life, Lynne and her husband lost a massive portion of their wealth, forcing her to ask the question—why pursue riches in the first place? On today’s show, we have a lively discussion on the toxic money culture that has enveloped American society, why financial independence is worth pursuing, and what those with much can do to help those with so little. Lynne’s take on wealth-building opens up a refreshing debate among early retirees and forces you to ask “why” instead of “how” when it comes to making money. Tune in, and be sure to check out Lynne’s new book, Living a Committed Life! In This Episode We Cover The “soul” of money and the scarcity belief that is causing society’s financial anxiety When is “enough” and how making less but giving more makes you richer The importance of self-sufficiency and why chasing financial freedom is always a worthwhile goal Learning to forgive yourself for money mistakes and why losing wealth isn’t always a bad thing Fighting world hunger and how Lynne is using her voice to tackle huge global issues Lynne’s brand new book, Living a Committed Life! And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Money Facebook Group BiggerPockets Forums Finance Review Guest Onboarding Mindy's Twitter Scott's Instagram Listen to All Your Favorite BiggerPockets Podcasts in One Place Apply to Be a Guest on The Money Show Podcast Talent Search! Subscribe to The “On The Market” YouTube Channel Listen to The “On The Market” Podcast: Spotify, Apple Podcasts, BiggerPockets Check Out Mindy’s 2022 Live Spending Tracker and Budget The Soul of Money Pacha Mama Alliance The Hunger Project Click here to check the full show notes: https://www.biggerpockets.com/blog/money-368 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Jaksot(742)

Early Retirement “Traps” That Delayed My FIRE by a Decade

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Early retirement in your 50s is a dream for most Americans, but today’s guest is sharing how she could have retired in her 40s, a decade earlier, if she had avoided these FIRE “traps.” Yes, it IS poss...

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How to FIRE in Your 40s on a Teacher’s Salary (or Average Income) (Finance Friday)

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Is it possible to reach FIRE by 45, even on a teacher’s salary or an average income? Today’s guest is proving that, yes, you can retire early, regardless of your paycheck. It may be a little harder th...

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Tariffs Pause, Stocks Erupt, But the Volatility Could Be Far From Over

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Tariffs are now on PAUSE! And just like that, the stock market is flying back up again. Is this a signal for us all to breathe a sigh of relief, or is more market volatility coming our way? It’s been ...

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The #1 Thing That Made Our FIRE Grind Easier (and More Fun!) | Life After FIRE

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The path to FIRE (financial independence, retire early) isn’t easy. You’re working a lot, saving a lot, all while seeing many of your friends out traveling, buying new cars and bigger homes, leaving y...

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I FIREd with Index Funds, She FIREd with Rentals: Which is Better (& Faster)?

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There’s no arguing that real estate and stocks are the two most proven ways to build wealth, but which one comes out on top in a race to FIRE? Stay tuned as we put these investment vehicles to the tes...

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Teacher ($44K/Year Income) FIREs in 10 Years Making the RIGHT Sacrifices

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You may not make six figures, but you want to achieve FIRE and retire early. You might be struggling to get by, let alone saving and investing to hit your FIRE number. If it seems impossible, you shou...

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FIRE at 50 by Creating “FI Paychecks” That Fund My Early Retirement! | Life After FIRE

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Would you delay your early retirement for years to feel safer and secure once you FIRE? That’s what Mark Trautman did, FIRE-ing before discovering the FIRE movement was even a thing. While he could ha...

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Barista FIRE at 36 with ONLY $500K by Trading “Stuff” for Substance

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Julie Rose “semi-retired” at just 36 years old with only $500K, trading her corporate job for sunrise safaris in Africa, beach walks in Bali, and mid-day hikes in Mexico.  With “Barista FIRE,” you ca...

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