148: How to Become an Everyday Millionaire with Chris Hogan

148: How to Become an Everyday Millionaire with Chris Hogan

Chris Hogan joins Scott and Mindy today to chat about becoming an everyday millionaire. Chris and his team interviewed more than 10,000 millionaires to hear how they did it. Hard work, determination, spending less than you make, investing wisely, and eliminating debt. Chris shares how to discuss your finances with your spouse - and how to bring them on board when you have differing views about money. He talks about the emotional journey that debt paydown can take you on - and how to handle that so you come out on top! Chris also reveals his feelings about FIRE - and how there is too much focus on the RE and not enough on the FI. He wants you to become Financially Independent but also wants you to enjoy your journey. Chris firmly believes that anyone can become debt free and start to build wealth to become an Everyday Millionaire. Links from the Show BiggerPockets Money Facebook Group BiggerPockets Forums Dave Ramsey's 7 Baby Steps BiggerPockets Money Podcast 50 with Patrice Washington The Retire Inspired Quotient Check the full show notes here: https://www.biggerpockets.com/moneyshow148 Learn more about your ad choices. Visit megaphone.fm/adchoices

Episoder(744)

Reviewing Our FIRE Journeys, Timelines, and Single Biggest Regret

Reviewing Our FIRE Journeys, Timelines, and Single Biggest Regret

You can attack financial independence from one of two angles. You can create a strict timeline for achieving FIRE, or you can calculate your FIRE number and take your time with it. Which approach work...

29 Okt 202441min

Finance Friday: FI by 40? Make These Career and Investment Moves Now

Finance Friday: FI by 40? Make These Career and Investment Moves Now

Everyone wants to become “work-optional” at some point. Having enough money in investments and the bank would allow you to choose the job you love most, whether that’s running your own business, worki...

25 Okt 202447min

Fast-Track FI by “Gamifying” Your Finances and Making Your Own Luck

Fast-Track FI by “Gamifying” Your Finances and Making Your Own Luck

The combination of saving money and buying rentals is a recipe for reaching financial independence much faster than you thought possible. Just ask today’s guest, who started with tens of thousands of ...

22 Okt 202451min

On Track to Retire a Millionaire After Living Paycheck to Paycheck

On Track to Retire a Millionaire After Living Paycheck to Paycheck

Just a short while back, Marisa Mae was caught in the paycheck-to-paycheck trap, her credit cards stretched to their limits with no emergency savings to speak of, all while wrestling with constant fin...

18 Okt 202427min

Should You Keep or Sell Your House? Use This Tool to Find Out in Minutes

Should You Keep or Sell Your House? Use This Tool to Find Out in Minutes

Should you sell your house or keep it as a rental property in 2024? What you do with your home today could create a million-dollar swing in your portfolio ten, twenty, or thirty years from now. Fortun...

15 Okt 202442min

4 Ways to Make Passive Income from Real Estate (Don’t Quit Your 9-5!) w/Devon Kennard

4 Ways to Make Passive Income from Real Estate (Don’t Quit Your 9-5!) w/Devon Kennard

Real estate investing is one of the best vehicles for building wealth, reaching financial independence, and saving for retirement, but you don’t need to become a full-time investor to reap the benefit...

11 Okt 202453min

How Much Do You Need for Early Retirement? (How to Calculate Your FI Number)

How Much Do You Need for Early Retirement? (How to Calculate Your FI Number)

How Much Do You Need for Early Retirement? (How to Calculate Your FI Number) Podcast Description What’s your financial independence number (FI/FIRE number)? Are you being too conservative, or are you ...

8 Okt 202436min

Why This “Physician on FIRE” Ignored the 4% Rule & Delayed Early Retirement w/Leif Dahleen, MD

Why This “Physician on FIRE” Ignored the 4% Rule & Delayed Early Retirement w/Leif Dahleen, MD

Why do many wealthy people wait so long to retire? Despite earning a physician’s salary, living frugally, and saving what most would call “more than enough” money, today’s guest worked for another fou...

4 Okt 202435min

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