232: Finance Friday: What Would You Do With an Extra $100k Per Year?

232: Finance Friday: What Would You Do With an Extra $100k Per Year?

Kari and her wife made some big moves over the past few years. They packed up their stuff and left the San Francisco Bay Area for a relocation in the midwest. Unlike the Bay Area, the Midwest has many affordable housing options with plenty of chances to house hack. So, that’s exactly what the couple did! They bought a duplex in rough condition, put in close to $80,000 of renovations, and now get $900 a month from the side they’re renting out. Although this renovation allowed them to live for free, it put a $66,000 hole in their pockets, which they recently just paid off. Without much retirement savings or investments in general (save the house hack), Kari is wondering what she can do to maximize the extra $100,000 in after-tax income she and her wife bring in every year. Should she go the index funds route, buy another rental, or help her wife pursue her dreams by investing in a restaurant? Scott and Mindy give Kari a lot of ideas in this episode, many of which could help you as well! In This Episode We Cover Using “strategic debt” to grow your investments and income Planning your future finances when trying to start a family Investing in your 401(k), Roth IRA, Self-Directed 401(k), and other investment accounts Using the “Live in Flip” model to avoid paying capital gain taxes Why you shouldn’t diversify when you are in a low to moderate net worth category And So Much More! Learn more about your ad choices. Visit megaphone.fm/adchoices

Episoder(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 Apr 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 Apr 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 Mar 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 Mar 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 Mar 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 Mar 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 Mar 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 Mar 42min

Populært innen Business og økonomi

stopp-verden
lydartikler-fra-aftenposten
dine-penger-pengeradet
e24-podden
rss-borsmorgen-okonominyhetene
rss-penger-polser-og-politikk
pengepodden-2
tid-er-penger-en-podcast-med-peter-warren
utbytte
pengesnakk
liberal-halvtime
livet-pa-veien-med-jan-erik-larssen
lederpodden
rss-pa-konto
rss-politisk-preik
finansredaksjonen
morgenkaffen-med-finansavisen
stormkast-med-valebrokk-stordalen
rss-densannepodden
rss-impressions-2