146: Saying Goodbye to Gambling & Finding Financial Freedom with Ambus Hunter

146: Saying Goodbye to Gambling & Finding Financial Freedom with Ambus Hunter

Ambus Hunter grew up with a fair understanding of how money works. He received a partial scholarship to play drums in college, and graduated with a small amount of student loan debt. His first job was with the Department of Defense, making a decent salary for someone who had just graduated from college. He started saving his money, like a good FI-devotee does, but his story takes a sharp left turn. Ambus discovered gambling. At first, he was winning. (That's how it goes with gambling, right?) But then his "luck" changed. Because that's also how it goes with gambling, right? Ambus chased his losses, and ended up wiping out his entire savings account. That was when he knew he had to stop cold turkey. He then threw everything he had into building his savings back up, taking on extra jobs, living with roommates, and cutting out everything unnecessary in his life. In one short year, working nights and weekends, spending as little as possible, and throwing every dollar into his savings, he made it all back. Now Ambus helps guide others on their own path to financial literacy through volunteering and through his own coaching programs. Links from the Show BiggerPockets Money Facebook Group BiggerPockets Forums BiggerPockets Money Podcast 10 with Liz Thames BiggerPockets Money Podcast 143 with Shannon Gauthier How Gambling Away My Savings Strengthened My Relationship With Money Check the full show notes here: https://www.biggerpockets.com/moneyshow146 Learn more about your ad choices. Visit megaphone.fm/adchoices

Episoder(745)

33: From Debt to Financial Freedom While Active Duty Military with Stuart Grazier

33: From Debt to Financial Freedom While Active Duty Military with Stuart Grazier

Stuart Grazier joined the military and immediately went into debt. A chance encounter with Dave Ramsey’s Financial Peace University showed him how to manage his finances, and he returned from his stin...

13 Aug 20181h 4min

32: Financial Freedom Through Small Life Changes and a Modest Real Estate Portfolio

32: Financial Freedom Through Small Life Changes and a Modest Real Estate Portfolio

Today we sit down with Mr. and Mrs. Planting our Pennies, or Mr. and Mrs. PoP for short. Mr. PoP never wanted to be anchored to an inflexible job. Mrs. PoP never wanted to be financially insecure. A r...

6 Aug 20181h 10min

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 Jul 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 Jul 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 Jul 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 Jul 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 Jul 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 Jun 20181h 19min

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