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)

358: Giving Tuesday 2022: Which Charities Will Use Your Money Wisely?

358: Giving Tuesday 2022: Which Charities Will Use Your Money Wisely?

For the past decade, Giving Tuesday has been a way for everyday Americans to donate their money, or time, to charities and causes that help collectively make the world a better place. Whether it’s a l...

29 Nov 202247min

357: Budgeting for a Baby: The Costs EVERY New Parent Should Expect

357: Budgeting for a Baby: The Costs EVERY New Parent Should Expect

The cost of raising a child is constantly changing. Every year, a new article comes out claiming that the cost of raising a child is hundreds of thousands of dollars. But is this figure accurate? Coul...

28 Nov 202257min

356: Finance Friday: First Down Market? Here’s How to Stop Stressing

356: Finance Friday: First Down Market? Here’s How to Stop Stressing

Tech stocks were slam dunk investments for the past decade. No matter what you invested in—Google, Facebook, Amazon, or even some obscure AI toaster company—you probably made decent returns. But, afte...

25 Nov 20221h 5min

355: All the Money Hacks We WISH We Had Known About

355: All the Money Hacks We WISH We Had Known About

Travel hacks, spending hacks, medical hacks. If there’s one thing that Chris Hutchins has learned from hosting the All the Hacks podcast, it’s that everything is negotiable. You can travel to over six...

21 Nov 202257min

354: Frank Advice on What to Do When a Real Estate Investment Goes Wrong

354: Frank Advice on What to Do When a Real Estate Investment Goes Wrong

You’re one bad real estate investment away from being cash flow-poor and debt-rich. That’s right, not every investment property works out, and when leveraged the wrong way, a single property could put...

18 Nov 20221h 1min

353: Ask the Money Experts: Debt, Diversification, Retirement, and Real Estate

353: Ask the Money Experts: Debt, Diversification, Retirement, and Real Estate

What should retirement planning look like? How can I invest if I am still paying off student loan debt? What makes a perfectly diversified portfolio? And when is the right time to pay off my rental pr...

14 Nov 20221h

352: Common Money Fears That Are Costing You BIG

352: Common Money Fears That Are Costing You BIG

With so much going on—a recession, rampant inflation, rising interest rates—overcoming your money fears can be more challenging than ever before. The world is changing, and many of us feel like we’re ...

11 Nov 20221h 5min

351: Does the 4% Rule Hold During 2022's Stock Market Crash?

351: Does the 4% Rule Hold During 2022's Stock Market Crash?

Stock market crashes aren't good news for anyone. For retirees though, this dip in prices can feel like a death wish, as active income is no longer an option. Have the hopes and dreams of financial fl...

7 Nov 20221h 10min

Populärt inom Business & ekonomi

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