Today we are hanging out with Andrew Fichter.
Andrew was your typical American stuck working from a cubicle every day. But he wanted more and decided to give it all up for an opportunity to be happier.
Andrew inspires others to change their life at the blog, Shift Upwards.
Timeline:
- 00:55 - Intro
- 01:20 - Andrew's Financial Freedom Journey
- 07:15 - How Andrew Quit His Job
- 09:16 - Preparing to Quit
- 14:21 - Life Since Andrew Quit His Job
- 21:03 - The Importance of Journaling
- 25:55 - Self-Discovery
- 30:45 - Getting Through Tough Times In Life
- 33:33 - Andrew's Recommended Books and Blogs
- 36:00 - Contacting Andrew
Resources & Links:
- Financial Freedom Community
- The Simple Dollar
- Mint
- I Will Teach You To Be Rich - Ramit Sethi
- Mr. Money Mustache
- Paula Pant
- Steve Jobs Commencement Address
- So Good They Can't Ignore You: Why Skills Trump Passion in the Quest for Work You Love - Cal Newport
- Your Money or Your Life: 9 Steps to Transforming Your Relationship with Money and Achieving Financial Independence - Vicki Robin
- Shift Upwards
- Facebook: ShiftUpwards
- Twitter: ShiftUpwards
- Instagram: shiftupwards
Today we are chatting with Shlomo Freund.
Shlomo is an entrepreneur who has spent the last 14 years building wealth so that he can control his own destiny and future.
Today Shlomo is location independent and travels the world on what he calls workations.
Timeline:
- 00:57 - Intro
- 01:23 - Shlomo's Financial Freedom Journey
- 05:15 - How can you find a job to work remotely?
- 07:51 - Affordable Travel Hacks
- 11:25 - The Workation
- 13:52 - Cost to Work from Anywhere
- 15:02 - Picking a Working Location
- 18:22 - How to Start Working Location Independently?
- 18:56 - Planning Your First Workation
- 21:05 - "Living Like a Local"
- 22:44 - Workcation's With Children
- 23:50 - Contacting Shlomo
Resources & Links:
- Financial Freedom Community
- Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! By Robert T. Kiyosaki
- Free Financial Self
- AirBNB
- TransferCarUS.com
- Grabr
- How To Plan An Affordable 57 Days Workation In Portugal? (Free Financial Self)
- LinkedIn: Free Financial Self
- Facebook: FreeFinancialSelf
- Twitter: freefinancialsf
- Instagram: FreeFinancialSelf
Today we are chatting with Miranda Marquit.
Miranda is a nationally-recognized financial expert. She is a panelist on the Money Tree Investing Podcast, co-founder of Adulting.tv, and the blogger behind Planting Money Seeds.
Timeline:
- 01:03 - Intro
- 01:35 - Miranda's Financial Freedom Journey
- 06:30 - How you can start investing?
- 22:45 - What should you invest in?
- 27:10 - Deciding When to Sell
- 34:50 - Miranda's Results
- 35:52 - When should you invest?
- 40:22 - What Miranda Wish She Knew When She Started
- 41:00 - Contacting Miranda
Resources & Links:
Today we are chatting with Dustin Heiner.
Dustin has spent over 8 years mastering the art of real estate rental properties. Today Dustin earns over $100,000 annually from his real estate investments alone.
Dustin is also the man behind the Master Passive Income blog and podcast where he shares his story and helps others create an income stream from real estate.
Timeline:
- 01:09 - Intro
- 01:35 - How Dustin Started?
- 10:28 - Finding a Property to Rent
- 13:12 - Creating a Rental Property Business
- 19:44 - Finding a Property Manager
- 29:04 - Managing Unexpected Expenses
- 32:06 - Running a Real Estate Business
- 41:00 - Vacation Rentals
- 47:46 - What do you wish you knew when you started and a pitfall you had?
- 51:53 - Dustin's Life Since Starting Rental Properties
- 55:05 - Getting Started Today
Resources & Links:
-
- 7 Legitimate Ways To Make Money From Home
- Financial Freedom Community
- Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not!
- Zillow
- How To Find and Evaluate Zillow Rentals and the Investment Property Calculator - Master Passive Income
- 22 Best and Vital Questions to Ask Property Managers - Master Passive Income
- Yelp
- AirBNB
- VRBO
- FHA Loans
- Facebook: MasterPassiveInc
- Twitter: MPIDustinHeiner
Timeline:
- 01:43 - Is there a such thing as Financial Freedom for "poor people"?
- 05:09 - We have been approved for a $500,000 to buy a house, but we aren't sure if we can afford that large of a mortgage payment. What would you do?
- 08:22 - How do I date on a budget?
Resources & Links:
- 7 Legitimate Ways To Make Money From Home
- Email your questions to askjoel@financialfreedomcommunity.com
- MoneySmarts 025: Living on $17,000 a Year with Caroline Vencil
- MoneySmarts 018: Living In “The Hood” to Payoff $120,000 of Debt (with Aja McClanahan of Principles of Increase)
- AskJoel 008: Find a Job & Ask for a Raise
- AskJoel 004: House Buying Edition
- National Register of Historic Places
- Find a Park - National Park Service
- StateParks.com
- Google Maps
- Join the free Financial Freedom Community
Today we are chatting with David Auten and John Schneider.
David and John have over 30 years of combined experience in finance and are more commonly known as the Debt Free Guys.
They specialize in and are the only gay couple talking about money and the queer community. They blog over at DebtFreeGuys.com and can be heard weekly on the Queer Money Podcast.
Timeline:
- 01:06 - Intro
- 01:31 - David & John's Financial Freedom Journey
- 06:52 - "The Gay Cliché"
- 08:51 - Momentary Happiness vs. Long-term Happiness
- 18:42 - Making a Financial Shift
- 32:42 - Financial Advice for the LGBTQ Community
- 39:31 - LGBTQ Financial Discrimination
- 46:34 - Contacting David and John
Resources & Links:
Timeline:
- 01:35 - What is the difference between a savings account, a checking account, and a money market account?
- 04:30 - I gave my friend my debit card to buy something at a basketball game. When they came back they told me how much was in my account, meaning they went to an ATM and looked. What should I do?
- 07:33 - What are the long-term effects of bankruptcy?
Resources & Links:
- 7 Legitimate Ways To Make Money From Home
- Email your questions to askjoel@financialfreedomcommunity.com
- Join the free Financial Freedom Community
Today we are talking with Shannon Mclay.
Shannon is the author of 'Train Your Way To Financial Fitness' and her own blog Financially Blonde. Shannon is the founder and CEO of the Financial Gym where she helps people become financially fit.
Shannon is a contributor to AOL, LifeHacker, Huffington Post, US News & World Reports, and many others. She also hosts the award winning Business and Investing Podcast – Martinis and Your Money – Living a Better Life One Cocktail At a Time.
Timeline:
- 01:09 - Intro
- 01:43 - Shannon's Financial Freedom Journey
- 07:30 - What are you working for?
- 10:32 - Accountability Partners
- 14:50 - Money Tradeoffs
- 20:40 - Getting Financially Fit
- 33:49 - Preventing Lifestyle Inflation
- 41:13 - Getting in touch with Shannon
Resources & Links:
Today we are hanging out with Caroline Vencil.
Caroline is a penny pinching master. Her family spent 4 years living off $17,000 per year. She is a self-described frugalista, hippie, and mom.
Caroline inspires others to live fully and budget fiercely at CarolineVencil.com.
Timeline:
- 01:01 - Intro
- 01:46 - Caroline's Financial Freedom Journey
- 05:28 - Living on $17,000
- 16:55 - Raising Kids on a Budget
- 22:57 - Budgeting Friends
- 26:26 - Couponing without Clipping
- 35:49 - Caroline's Budget
- 43:50 - Scalling Back Your Expenses
- 46:05 - Determining Value vs. Cost
- 50:57 - Caroline's Favorite Book
- 52:07 - Caroline's Favorite Resource
- 55:37 - Getting in touch with Caroline
Resources & Links:
- Financial Freedom Community
- The Financial Freedom Journey E-Book
- Zaycon Fresh
- Salvation Army
- Goodwill
- Ibotta
- Aldi
- Outback Steakhouse Bloomin' Monday
- CouponMom
- RetailMeNot
- Walmart Savings Catcher
- Apple
- Best Buy
- EveryDollar
- CarolineVencil.com
- Instagram: CarolineVencil
- Pinterest: carolinevencilblog
- Facebook: carolinevencilblog
- Twitter: carolinevencil
Timeline:
- 01:28 - I have a MasterCard and a Visa card. How important is it, to get a Discover and an American Express card?
- 05:26 - The company I work for is showing signs they are struggling and might be going out of business. What can I do?
- 07:46 - Should I pay off my car loan or put the money towards my student loans?
Resources & Links:
- Creating an Emergency Fund
- AskJoel 008: Find a Job & Ask for a Raise
- Email your questions to askjoel@financialfreedomcommunity.com
- Visit the free Financial Freedom Community
Timeline:
- 01:14 - My fiancé and I are getting married in December and we are still short $7,000. We make $80,000 per year and our expenses are $1,500 per month including $600 for rent and $500 for a car payment. How can we get the money we need?
- 05:29 - My employer won’t pay overtime and requires us to clock out and work off the clock. Is this legal?
- 09:05 - I currently have $18,000 in savings with an interest rate of 1.5% and $7,000 in the stock market making an average of 5% each year. I also have $13,000 in student loans that have an interest rate of 5%. Should I pay off my debt now or keep the money in the stock market and pay off my loans over time?
Resources & Links:
Today we are chatting with Chris Miles.
Chris is the “Cash Flow Expert” and is a leader in helping people quickly create cash flow and build lasting wealth.
He has appeared in US News, CNN Money, Bankrate.com and is currently the host of The Chris Miles Money Show. Chris also runs Money Ripples where he helps people just like you increase their cash flow.
Timeline:
- 01:02 - Intro
- 01:27 - Chris' Financial Freedom Journey
- 05:00 - How can you increase your cash flow?
- 10:50 - Providing Value First
- 15:23 - Tips to Increase Cash Flow
- 19:00 - Chris' thoughts on 401Ks
- 27:54 - One Thing Chris Knew When He started
- 34:42 - Chris' Thoughts on BitCoin
- 38:31 - Chris' Biggest Financial Mistake
- 42:09 - Chris' Recommended Books
- 45:11 - Getting in contact with Chris
Resources & Links:
- Financial Freedom Community
- The Financial Freedom Journey E-Book
- Mint
- Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! by Robert T. Kiyosaki
- Rich Dad's Who Took My Money?: Why Slow Investors Lose and Fast Money Wins! (Rich Dad's (Paperback)) by Robert T. Kiyosaki
- Money Ripples
- The Chris Miles Money Show
- Twitter: @ChrisCMiles
- Facebook: moneyripples
Timeline:
- 01:11 - I have the opportunity to take over a timeshare for free, would you?
- 04:22 - Everyone laughs at me when I say I want to save and buy a car with cash, what do you say?
- 07:40 - I just did my taxes and I cannot afford how much I owe, what are my options?
- 10:41 - State of the Stock Market
Resources & Links:
- Hotels.com
- AirBNB
- VRBO
- irs.gov/payments
- The W-4
- Email your questions to askjoel@financialfreedomcommunity.com
- FinancialFreedomCommunity.com
Today we are hanging out with Eric Rosenberg.
Eric is the mastermind behind the blog and podcast Personal Profitability. He started his blog in 2008 as a side hustle and left his full time job in 2016 to pursue it as a full time career.
On his blog and podcast Eric shares how you can earn more, spend thoughtfully, grow your wealth, and live a better life through mindful personal finance.
Timeline:
- 00:55 - Intro
- 02:00 - Eric's Financial Freedom Journey
- 13:12 - The 80/20 Rule
- 18:18 - What is a side hustle?
- 24:04 - Finding Time to Side Hustle
- 37:23 - How to grow your side hustle to a full time job?
- 40:40 - Starting a Side Hustle
- 43:40 - Eric's Biggest Financial Mistake
- 44:30 - Eric's Favorite Book
- 44:42 - Eric's Favorite Resource
- 45:11 - Getting in contact with Eric
Resources & Links:
- Financial Freedom Community
- The Financial Freedom Journey E-Book
- Eric's Income Reports
- Podtuber
- Uber ($5 off first 4 rides)
- Lyft (Free $5 Lyft Credit)
- TaskRabbit
- KosherFish.co
- eBay
- Instacart
- Google Employee Lives in a Truck
- Join Boy Scouts
- Join Girl Scouts
- The Alchemist by Paulo Coelho
- Smart Passive Income / Pat Flynn
- Personal Profitability Podcast
- Oh No We Didn't Podcast
- MoneySmarts 012: Paying off $30,000 in 10 Months with Whitney Hansen (WhitneyHansen.com)
- Personal Profitability Bootcamp
- Personal Profitability
- Twitter: @EricProfits
Timeline:
- 01:00 - My credit report says I missed a payment and I didn't, what can I do?
- 3:44 - I have extra money at the end of each month, should I put my money towards retirement or my student loans?
- 5:20 - Spending Your $1,000 Bonus
Resources & Links:
- TransUnion
- Equifax
- Experian
- AnnualCreditReport.com
- Email your questions to askjoel@financialfreedomcommunity.com
- FinancialFreedomCommunity.com
Today we are chatting with Jen Hemphill.
Jen is the host of the Her Money Matters podcast. She also blogs at jenhemphill.com where she shares how to prevent money from being an obstacle, and instead how to use it to live the life you want.
Jen is also the author of the upcoming new book Her Money Matters: The Missing Truths From Traditional Money Advice.
Timeline:
- 00:45 - Intro
- 01:13 - Jen's Financial Freedom Journey
- 07:55 - Planning for Variable Expenses
- 13:27 - Millionaire Mindset
- 17:08 - What are a few financial mistakes you have made?
- 20:03 - What are some things holding people back from achieving Financial Freedom?
- 23:38 - The Missing Truths From Traditional Money Advice
- 33:03 - What isn't being talked about in money?
- 35:00 - Getting in contact with Jen
Resources & Links:
Timeline:
- 01:15 - I have not filed my taxes in 5 years, what should I do?
- 04:30 - I had several delinquent accounts and late fees dissapear from my credit report, how can this be?
- 07:02 - How do I pick out an engagement ring?
- 15:42 - Verizon Wireless is Making a Change
Resources & Links:
Today we are hanging out with Roger Whitney, more commonly referred to as the Retirement Answer Man.
Roger is a practicing financial planner with over 25 years of experience. He is the host of the popular podcast The Retirement Answer Man Show and also author of Rock Retirement: A Simple Guide to Help You Take Control and be More Optimistic About the Future.
Roger helps people wander the confusing path to retirement.
Timeline:
- 00:44 - Intro
- 01:14 - The Concept of Retirement Has Changed
- 04:12 - How do you set yourself up to be able to retire?
- 13:45 - How do you calculate how much you need for retirement?
- 15:05 - How do you know when you can retire?
- 16:21 - What do you need to do to successfully retire?
- 22:32 - Networking Tips
- 25:24 - How should you invest your retirement?
- 29:43 - Retirement Pitfalls
- 30:39 - Getting in contact with Roger
- 30:55 - Rock Retirement
Resources & Links:
- Financial Freedom Community
- The Financial Freedom Journey E-Book
- The Retirement Answer Man
- The Retirement Answer Man Show
- Facebook: retirementanswerman
- Twitter: @roger_whitney
- Youtube: retirementanswerman
- Rock Retirement: A Simple Guide to Help You Take Control and be More Optimistic About the Future by Roger Whitney
MoneySmarts 020: Climbing Out of $109,000 of Debt (with Brian from Debt Discipline)