What Financial Independence Means for a Young Father – with Jim White

For our Family FI segment this month, we’re talking about achieving financial independence with kids. A lot of people out there think that you have to choose one or the other. “You can’t have financial independence if you want to have kids” or “you can’t have kids if you want to have financial independence”.

My guest today completely disagrees with that sentiment because he’s walking, talking proof that you CAN have both.

Jim White from Route to Retire is my guest today. He’s a father, husband and recently he left his 9-5 job after becoming a millionaire and reaching financial independence at the age of 43.

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How a Bad Day at Work Inspired Our Family’s Financial Independence Plan

In mid-2016, I had a pretty rough day at work.

My new manager called me into his office to inform me that there would be some changes with my position. A position that I had grown to enjoy. I was proud to have built a team of 3 based on some solid sales wins that I had lead during the previous three years.

It was an honor to see the growth there really. I would win a piece of business and someone would get a full-time job. And then another and then another … It was really cool. I liked the fact that when I worked hard and earned the company money, someone got a job. That made me feel good.

So when my manager told me that I would no longer be managing those three people anymore, I was pretty devastated. Furthermore, my role of leadership on those accounts was no longer required either. I wasn’t being fired or demoted. I was being shifted.

Looking back, I understand why management made these decisions. Overall, the move has been good for the company and I’ve been able to help with growth in other areas.

But that day when I got home from work, I was pretty bummed.

In fact, I was more than bummed. I was scared.

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Why You Should Track Your Net Worth (And How To Do It Easily)

Have you ever taken the time to calculate your net worth?

It’s something that most people have never done despite it being one of the most important financial numbers. It doesn’t matter how young or old you are or whether you consider yourself rich, poor or somewhere in between.

It’s fairly simple to figure out your net worth. If you haven’t done it yet, let’s walk through why it’s important and the best way to calculate it.

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How Real Estate Helped This Multimillionaire Dad Build Wealth – with Doc G

Investing in real estate can feel intimidating when you’re just getting started. You hear stories of people who’ve amassed their wealth by investing in dozens or hundreds of rental properties. The prospect of owning so many properties can feel more stressful than hopeful.

Our guest today, Doc G, shares why we don’t need countless rentals to feel financially comfortable. As a physician, he’s been able to invest his day job income in just a few rentals that provide his family with consistent cash flow.

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Want Financial Independence? It’s Time to Make More Money – with Grant Sabatier

Financial Independence is when you have enough money to live without the need for full time employment … Sounds pretty incredible, right?

This may seem like something that’s meant for our golden retirement years, but my guest today is going to show us how to make it a reality much earlier than that.

Returning as a guest for the second time, Grant Sabatier is here to share how we can grow our income and invest so we can really enjoy the best years of our lives.

At 30 years old, Grant achieved his financial independence. He went from $2.26 in his bank account at age 24 to over a $1 million in just 5 years.

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10 Steps to Young Family Wealth and Happiness

Over the past two years when I run into someone and tell them about my podcast, one major question that continues to come up is  “What have been your biggest takeaways?”

It’s a great question.

It’s the whole reason I started the show. I wanted to learn from some incredibly smart, family-centric, wealthy, philanthropic, independent, in-control of their future rock stars that would motivate me to give my family the best life possible. And it’s worked.


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How This 25-Year Old Developed a $1.5 Million Multi-Family Real Estate Portfolio – with Joel Florek

My quest for rental property knowledge continues my friends. While Nicole and I continue to save up our money to buy our first rental, I figured I would speak with someone who’s had massive real estate success to keep me motivated.

Our guest today is Joel Florek. At 25 years old, he owns 31 units in both Michigan and Indiana. These properties provide him so much cash flow that recently he’s been able to leave his 9-5 job and pursue his passion for sailing and family.

Joel’s story of real estate success has been featured in BiggerPockets and on multiple 5-star rated podcasts. As a husband, father and Michigan native, I’m honored to have him on the show today.

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Becoming a Foster Parent and Achieving Financial Independence at 32 – with Jillian Johnsrud

On any given day, there are around 438,000 children in foster care in the USA. Almost a half million kids without a forever home…

That is a major issue in our country and some parents are taking action to help.

Today, we’re chatting with Jillian Johnsrud on why she and her husband decided to become foster parents to 4 children in addition to becoming parents to two biological kids. We’re also going to discuss how she and her husband embraced minimalism and achieved financial independence in their 30’s. 

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How to Become a Millionaire in your 30’s – Interview 15 (Mr. and Mrs. Planting our Pennies)

Who wants to become a young millionaire?

According to Mr. and Mrs. Planting our Pennies, becoming a young millionaire doesn’t require you to continuously climb the corporate ladder. They found good paying jobs that allowed them to have a solid work/life balance and they still achieved financial independence at a young age.

Let’s get inspired by this young couple to hit our financial goals and smile along the way.

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Take Your Salary from 5-Figures to 6-Figures in 7 Steps

I don’t know about you, but when I get a pay raise at work I feel incredible. I get a gigantic smile across my face because I feel like my hard work has finally been validated. All the extra hours, emails, phone calls, presentations and the unwavering commitment to my company’s success has (literally) paid off.

But it’s not as easy as just showing up to work one day and your boss calling you into his office to say “Hey, you! You’re getting a raise! Party!” If only it were that easy, right?!

We have to work hard, put in the hours and follow the right steps.

I’ve only been working in the corporate world for 15 years so I know I still have a lot to learn. What I do know is what’s worked for me so far. Here are 7 important steps that have taken my career from 5-figures to 6-figures.

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