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

Episoder(743)

175: Staying Flexible in Early Retirement with A Purple Life

175: Staying Flexible in Early Retirement with A Purple Life

Last time we talked to Purple from A Purple Life, she told us about her plan to retire at the end of 2020. If you haven’t listened to that interview, you can listen to it here to get the full scoop on...

1 Mar 202154min

174: Finance Friday: Reaching Semper FI (Financial Independence) Before Retirement with Fabio

174: Finance Friday: Reaching Semper FI (Financial Independence) Before Retirement with Fabio

Real estate investors are known to have their hands in 20 different pots, this is doubly true for Marine and real estate investor Fabio. Fabio is a Captain in the Marine Corps and has been in service ...

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173: Bringing in The ‘Dough’ with Brent TheFoodTruckCEO (Part 2)

173: Bringing in The ‘Dough’ with Brent TheFoodTruckCEO (Part 2)

Welcome to episode 173.5! Yesterday you heard from Brent, a former registered nurse who paid off over $100,000 in debt and started a mobile pizza truck! Brent’s original interview was recorded back in...

23 Feb 20211h 1min

173: Leaving "Soul Crushing" Corporate to Chase Food Truck Dreams with Brent TheFoodTruckCEO (Part 1)

173: Leaving "Soul Crushing" Corporate to Chase Food Truck Dreams with Brent TheFoodTruckCEO (Part 1)

What does the average person do in their 20s? For most people, it means going into student debt, getting a car loan, getting a mortgage, and treating yourself. These are the “average financial decisio...

22 Feb 20211h 1min

172: Finance Friday: Why You Don’t Need to Sacrifice Everything to Hit Financial Freedom with Jeff

172: Finance Friday: Why You Don’t Need to Sacrifice Everything to Hit Financial Freedom with Jeff

Jeff, like many listeners, feels as if there is enough money coming in every month, but somehow it’s slipping out, not allowing him and his wife to hit financial independence. A big reason this could ...

19 Feb 20211h 28min

171: Putting Happiness Over a Bigger Paycheck with Brandon Richard Austin

171: Putting Happiness Over a Bigger Paycheck with Brandon Richard Austin

Most people would consider $80,000 a year a respectable salary, but what if you were making that much during college? That’s what today’s guest, Brandon Richard Austin, made in his sophomore year. As ...

15 Feb 20211h 1min

170: Finance Friday: Trading Debt for Cash Flow and Liquidity with Teacher Erik

170: Finance Friday: Trading Debt for Cash Flow and Liquidity with Teacher Erik

Erik and his wife have three big debts to tackle: their mortgage on their primary residence, their mortgage on their rental property, and a HELOC (home equity line of credit) taken out as the down pay...

12 Feb 20211h 16min

169: Breaking the Taboo of Talking About Money with Friends, Family, and Bosses with Erin Lowry from Broke Millennial

169: Breaking the Taboo of Talking About Money with Friends, Family, and Bosses with Erin Lowry from Broke Millennial

It’s not always comfortable talking about money, especially with close friends, family members, partners, or even bosses. How did salary, savings, and investing become such a taboo subject to talk abo...

8 Feb 20211h 1min

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