Rental properties can be a phenomenal second source of income for the majority of us who work at regular jobs. One or two rental property purchases every year or so can slowly, but surely, build a strong foundation for financ...
The poverty cycle is a hard one to break out of. For some people, it is near impossible to climb yourself out of the hole that society, family, or unfortunate circumstances have placed you in. But sometimes, through sheer wil...
Ahh, the age-old question: pay off your mortgage early or invest? It’s no wonder so many members of the financial independence community have strong feelings about one or the other. With a paid-off mortgage, you’re less in de...
You Need a Budget is the expense tracker/budgeter that requires no introduction…but we’ll give it one anyways! In 2004, Jesse Mecham launched this ground-breaking software, allowing money masters and novices alike to easily t...
Financial flexibility is one of the hidden stages along the path to financial independence . When you hit financial flexibility, you have far more choices than you did before. You can invest more, spend more, save more, and w...
Today’s guest, Jennifer Grimson, is a prime example that every problem has a solution. Jennifer has always been a hard worker so she had no problem working through college as she aspired to be a foreign service officer, but ...
Expats and rental portfolios go together like peanut butter and jelly. It’s no surprise that a fair amount of retired globetrotters owe their freedom to real estate investing . While many real estate investors are looking to ...
Student loan forgiveness was a hot topic during the 2020 election cycle. With so many outstanding student loan payments, will the government step in to wipe out the debt? While many theorize about this, Robert Farrington take...
Bad debt is more common than it seems. Many people you know have a car loan, personal loan, credit card loan, or some other form of high(er) interest debt. If you find yourself with bad debt, the first thing to do is formulat...
Home insurance isn’t the sexiest topic, but in the world of financial independence , predictability is quite an attractive trait to have. That’s why money nerds across the world value insurance as a natural hedge against cata...
Death and finances can arguably be called the two things that people hate talking about most. Unfortunately, these are two topics that cannot be kept in the dark, as we all must deal with loss, both emotionally and financiall...
“Can I retire yet?” If you’re today’s guest Jenn, then the short answer is a resounding “yes”. And if you aren’t Jenn, you’ll probably want to be in her position upon retirement. Jenn has a lot of income options: a military p...
Most people assume wealth is built from a singular source, but the most successful people have multiple streams of income . 2020 was the year of the side hustle. People started to find ways to monetize their hobbies, create s...
Mindy may seem like a financial superhero to most listeners of the Money Podcast, but she’s nothing without her financial education inspiring partner, Carl Jensen. Carl is known quite well around the personal finance communit...
Building wealth takes decades with some serious hard work and many, many mistakes along the way. The problem? Most financial independence chasers see themselves as having to be perfectionists. Every investment must be perfect...
Stocks vs. real estate is a regular feud among many financially savvy forums on the internet. While some investors love the passive aspect of stocks, other investors love the tax savings and flexibility of real estate . Regar...
If you need pension funds explained, there’s no better person to talk to than the internet’s leading voice on all things pensions and retirement, Grumpus Maximus . After spending twenty or so years in the military, Grumpus be...
A common debate in real estate is cash flow vs. appreciation . While some investors rely on their rental property income to reach FI, others argue that appreciation will provide them the equity gain to truly build wealth . Yo...
We have a lot of impressive guests on the show, and they just seem to get younger with every new episode. You’ve heard the stories of people in their twenties buying rentals , people in their thirties hitting coast FI, and pe...
There are many ways to fund your nest egg. You could outright save, or you could invest in index funds, rental properties, or short-term rentals like today’s guest, Charlotte from Charlotte. Working as a teacher in one of the...
If you’ve been in the FI community for years, you know the ins and outs of retirement planning, index fund investing , house hacking , and every other money-making opportunity around. But, it’s safe to say that this took you ...
We’re back with another Finance Friday Follow-Up! This week, we talk to two past guests and review three life updates. Fabio from episode 174 , Clayton from episode 168 , and Rachael from episode 190 all have life updates for...
On the last day of a semester in college, Adam Zaleski’s geology professor dropped a bomb on his class: the professor was worth a staggering $10,000,000! The reason for telling the students about his net worth wasn’t to impre...
It takes a leap of faith to leave a W2 job and wander through the hills and valleys of self-employment. With the right skill set, time management , and perseverance, you can come out more profitable (and happier) than you wer...