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

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112: Choosing the Right Tax Professional for YOUR Specific Needs with Natalie Kolodij

112: Choosing the Right Tax Professional for YOUR Specific Needs with Natalie Kolodij

Natalie Kolodij is a tax strategist. (You’ve probably seen her in the forums!) With April 15 looming around the corner, we’re going to chat about ways to choose the RIGHT tax professional who can best...

17 Helmi 20201h 11min

111: Starting Late? Early Retirement Is STILL Possible with A Purple Mom

111: Starting Late? Early Retirement Is STILL Possible with A Purple Mom

On episode 110, we interviewed A Purple Life. As she was sharing her story of financial independence, she casually mentioned that her mother didn’t start investing until later in life, and STILL manag...

10 Helmi 20201h 2min

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 indepe...

3 Helmi 202059min

109: Attacking Debt and Tenaciously Pursuing Financial Freedom with Airman Mildollar from Military Dollar

109: Attacking Debt and Tenaciously Pursuing Financial Freedom with Airman Mildollar from Military Dollar

This week, we sit down and talk with Airman Mildollar, from Military Dollar. (Spoiler Alert: Despite the name, Airman Mildollar is a woman!) Airman Mildollar shares her story of college debt, car loan...

27 Tammi 202057min

108: Starting Early & Finishing Strong with Real Estate with Kristi Tanner Smith

108: Starting Early & Finishing Strong with Real Estate with Kristi Tanner Smith

Kristi Tanner Smith considers herself privileged—she was an only child in a big house with lots of toys. But Kristi’s mom was diagnosed with a fatal disease and given six months to live when Kristi wa...

20 Tammi 202055min

107: Choosing Side Hustles (& Happiness!) Over Full-Time Employment with Financial Panther

107: Choosing Side Hustles (& Happiness!) Over Full-Time Employment with Financial Panther

Financial Panther (Kevin) went to law school, graduated from law school, and took a job as an attorney. Attorneys make a lot of money, right? So, with all this income potential, why is he doing side h...

13 Tammi 20201h 8min

106: Planning For Your Future Wealth with Megan Gorman from The Wealth Intersection

106: Planning For Your Future Wealth with Megan Gorman from The Wealth Intersection

Megan Gorman started learning about money very early – at age 5 she begged her parents for a Little House on the Prairie Dress. Her parents said we’re not buying it for you, but you can save up for it...

6 Tammi 20201h 4min

105: Budgeting Yourself OUT of Debt and Into a Fantastic Life with Jen Hemphill

105: Budgeting Yourself OUT of Debt and Into a Fantastic Life with Jen Hemphill

Jen Hemphill was born in Colombia and lived there for the first eight years of her life. The economy was really bad, and her earliest memories were of a scary time when her educated father did whateve...

30 Joulu 20191h 1min

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