46: Engineering Passive Income Streams to Fund the Life You Want with Financial Samurai

46: Engineering Passive Income Streams to Fund the Life You Want with Financial Samurai

This week’s episode features Sam Dogen from Financial Samurai. After one month working for a top investment firm, Sam knew 70-hour workweeks were not the life he wanted. So Sam took action immediately. Instead of fancy cars and dinners out, Sam shared a studio apartment with a friend and socked away HUGE sums of money—50% of mediocre starting salary. He invested in real estate (shocker), stocks, and bonds—and continued his massive savings rate. Taking advantage of the economic downturn, Sam engineered his layoff and an enormous payout. Sam now lives the life he wants, having set up multiple passive income streams during his working years. He spends time with his family every day and embodies the concept of financially free. He no longer trades his time for money; his money just simply reproduces itself and does all the heavy lifting. This episode is a great look at how a little upfront discomfort can lead the your best life. Links from the Show Craigslist PayPal BiggerPockets Jobs Why Households Need To Earn $300,000 A Year To Live A Middle Class Lifestyle Today (blog) Don't Quite, Get Laid Off Instead (blog) Learn more about your ad choices. Visit megaphone.fm/adchoices

Avsnitt(743)

374: Private Equity: Passive, Profitable Investments You’ve Probably Never Heard Of

374: Private Equity: Passive, Profitable Investments You’ve Probably Never Heard Of

Private equity is a term often left undefined. Ask most people if they’ve heard of private equity, and they’ll say yes. But ask them to explain what it is or how it works, and most Americans will stru...

16 Jan 202355min

373: The Money Show’s Guide to Personal Finance for Beginners

373: The Money Show’s Guide to Personal Finance for Beginners

Mastering personal finance is one of the most important things anyone can do. If you know where your money is coming from, where it’s going, and how to make more of it, you can retire comfortably, ret...

13 Jan 202344min

372: Franchises 101: How to Find, Fund, and Profit from Owning a Franchise

372: Franchises 101: How to Find, Fund, and Profit from Owning a Franchise

Want to buy a business? If so, you’ll need franchises explained. At first, franchises seem like something only for fast food, gas stations, or hotel chains. But, in reality, a whole world of businesse...

11 Jan 20231h

371: Bitcoin: Investing Fad or Final Bullet to Fiat Currency?

371: Bitcoin: Investing Fad or Final Bullet to Fiat Currency?

Asking for Bitcoin explained is like asking how a rocket works; it's a little complex. A digital currency is valued at a certain amount of dollars (or euros, yen, etc.) and is used to pay for goods or...

9 Jan 20231h 10min

370: Finance Friday: How to Build a Six-Figure Business (in Your 20s!)

370: Finance Friday: How to Build a Six-Figure Business (in Your 20s!)

How can a simple pressure washing business make you six figures of income a year? With a startup cost of only a couple hundred dollars, today’s guest Chris expanded his pressure washing, Christmas lig...

6 Jan 202350min

369: The Capitalist Cult: How MLMs and Pyramid Schemes Trap Average Americans

369: The Capitalist Cult: How MLMs and Pyramid Schemes Trap Average Americans

Multi-level marketing companies (MLMs) operate in secrecy. They don’t want you to know where the products are coming from, how they’re being sold, who’s making a profit, and how the business works. Th...

4 Jan 202353min

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 ...

2 Jan 20231h

367: Finance Friday: Tips to Build a House Hack STACK in Your 20s

367: Finance Friday: Tips to Build a House Hack STACK in Your 20s

Couch flipping may be the best side hustle you’ve never heard of. It’s so lucrative that today’s guest Parker used couch flipping to save up his down payment for his first house hack! Of course, who c...

30 Dec 202254min

Populärt inom Business & ekonomi

framgangspodden
varvet
rss-jossan-nina
svd-tech-brief
badfluence
rss-borsens-finest
uppgang-och-fall
avanzapodden
fill-or-kill
rss-svart-marknad
tabberaset
bathina-en-podcast
rikatillsammans-om-privatekonomi-rikedom-i-livet
24fragor
rss-dagen-med-di
lastbilspodden
kapitalet-en-podd-om-ekonomi
rss-inga-dumma-fragor-om-pengar
montrosepodden
dynastin