236: Finance Friday: Enjoy Life Before FI with Simple Investing Strategies

236: Finance Friday: Enjoy Life Before FI with Simple Investing Strategies

Strong frugality is hard to come by. Not many people would write off their solar system as a business expense and use bitcoin mining to provide heat to their house, instead of using a space heater. These are just two things that Yourri, an engineer and diversification whiz, has done to make his balance sheet as optimized as possible. Yourri has spent the better part of the last decade at school and was able to graduate with a phenomenal job doing something he loves. He makes $120,000 a year but has a big retirement goal of $7,000,000! While this may seem like a massive number to most, Yourri should be able to hit it with some regular investing due to his age and aggressiveness to invest. But, he’ll need to opt-out of an over-diversified investing strategy if he wants to reach this goal as fast as possible. Passion projects are also a big part of Yourri’s life, as he’d like to rebuild a vintage motorcycle, get his pilot license, and adopt as many dogs in need as he can. He has a calculated outlook on his financial growth, and there’s no doubt he’ll hit his goals! In This Episode We Cover Pursuing high-cost hobbies and understanding that FI isn’t all about saving every penny Whether or not diversification could be slowing down your net worth growth The “golden butterfly” investing ratio that helps mitigate risk when investing Writing off solar systems as a business deduction when in a buy-back program Mining bitcoin for not only extra income but free heat! Whether a 401(k) or a Roth 401(k) is the best option for your retirement And So Much More! Learn more about your ad choices. Visit megaphone.fm/adchoices

Avsnitt(746)

Coast FI by 30 in a HCOL City (Here’s How He’s Doing it)

Coast FI by 30 in a HCOL City (Here’s How He’s Doing it)

In this episode, discover how Eli, a 24-year-old living in NYC, is on track to hit financial independence and retire early—despite the city’s high living costs. His strategies and mindset shift challe...

21 Apr 37min

9 Things No One Tells You About Financial Independence

9 Things No One Tells You About Financial Independence

In this episode of the BiggerPockets Money Podcast, Mindy Jensen and Carl Jensen (our guest host for the week!) break down 9 financial independence (FIRE) lessons most people don’t discover until it’s...

17 Apr 42min

How This Teacher Reached Financial Independence with Rentals

How This Teacher Reached Financial Independence with Rentals

Corby Goade went from a modest teacher salary to financial independence through real estate investing—and he did it by mastering the fundamentals. In this episode, he shares how house hacking, long-te...

14 Apr 50min

Retiring Early in 5 Years? Do THIS First

Retiring Early in 5 Years? Do THIS First

Thinking about early retirement in the next 5 years? This episode breaks down exactly how to prepare—financially and emotionally—so you don’t just retire early, but stay retired. Mindy Jensen and Scot...

10 Apr 41min

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 Mars 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 Mars 56min

Populärt inom Business & ekonomi

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