Everyone loves a success story. Yet, in these uncharted waters, success might seem unlikely. With more and more people drawing parallels between the current pandemic and the last recession, it’s no wonder people are worried. To remind us all that we can triumph in the face of adversity, I wanted to share Patrick Aime‘s story.
I sat down with him to learn more about his struggles and his successes. His story actually takes him around the world and back again as he joined the double comma club, becoming a young millionaire less than ten years after filing for bankruptcy during the Great Recession.
A few years ago, Nicole and I finally completed our family will. We procrastinated for the better part of two years because we were binge-watching Game of Thrones and House of Cards. Excuses yes, but these are some epic shows!
Nevertheless, (GAME OF THRONES SPOILER ALERT!) when Jon Snow ended The Mother of Dragon’s reign early, it was a wake-up call that life is short! Thanks to Jon’s rage (and the fact that we love each and want to take care of our kids), we got that family will completed right away.
To show you that this very important task can be easily done, I’ve listed out the 6 steps that Nicole and I followed to get the family will prepared, signed and stored.
The stock market is going up and down like crazy lately. It’s hard to predict what will happen next.
I was an “investor” during the last recession, but my tiny 401k balance at the time was the last thing I was worried about at 27 years old. I was too busy playing in a cover band (oh, we rocked!) and chasing the woman of my dreams (I ended up marrying her by the way).
With this new downturn, I wonder if I’ll keep the same carefree attitude.
As a long term investor, I’m supposed to feel comfortable NOT knowing what will happen next. I set a plan years ago and I’m supposed to stick to it in good times and bad. In theory, all will turn out well in the end.
In an attempt to convince myself that I should pay more attention to my family and my health instead of the stock market, I’ve outlined 5 reasons to stay calm and stick to my investing plan.
There may not be a single right way to achieve financial freedom, but supersizing your savings is certainly a powerful strategy.
But what does supersizing your savings mean? More importantly, how does someone go about doing that?
I sat down with Kelly Smith from Freedom in a Budget to learn more about how she and her husband are crushing their goals and enjoying their lives while living on 50% of their income.
In our chat, Kelly proves that budgets aren’t constricting. They’re a pathway to freedom. She shares details on making the decision to take the 50/50 path, milestones they’ve already crossed, and where they are headed.
Plus, she offers actionable steps for people who want to make more money and want to make saving 50% of your income a reality.
After 15 years of working as an event marketing professional, I’ve decided that I’m ready for a new chapter in my life.
The companies I’ve had the pleasure of working with have treated me well, given my family benefits and paid me generously. I sincerely appreciate the opportunities I’ve been given. It’s just time for me to follow a new calling.
Our first question of the month comes in from Christie from Cincinnati:
I love the podcast. I have two questions.
How long have you been on Dave Ramsey’s Baby Step 7?
We are on Baby Step 7 with 1 paid-for rental. We are considering selling the rental property and just investing in a mutual fund instead.
I know you keep talking about buying a rental, but after 8-10 years we are finding it really isn’t making as much money as we think the stock market could. And we won’t have to worry about tenants calling with a problem.
Some people choose to take out loans to buy their rental properties and others choose to pay cash. Today, we’re going to explore why you might want to consider buying in cash and how to do it.
I’ve invited someone on the show who owns 20 rental properties free and clear. No mortgage, no debt, and he doesn’t owe a dime to anyone.
Rich Carey is my guest today. He’s married, has two children, and currently serves in the military. He has a passion for real estate investing and teaching others how to pursue financial independence. His story of investing success has been featured in Bigger Pockets, MarketWatch and Business Insider.