A lot of us have had this moment in our lives: we become parents and we want less time working and more time with family, but the income is just not there to support it.
Today, we talk with someone who has developed enough passive income to spend less time on work and more time raising his son. Sam Dogen is the writer behind Financial Samurai, a blog and podcast dedicated to slicing through money’s mysteries.
He is a regular contributor to CNBC and he’s been featured in major publications like MarketWatch, Business Insider, and Forbes. When he’s not writing or talking about money, he likes coaching and playing tennis and enjoying delicious food in San Francisco with his wife and young son.
We dive deep into why he got into passive income, the methods he used to get started and his life as a stay at home Dad.
Continue reading “How This Stay-at-Home Dad Makes $200,000 Per Year in Passive Income – with Sam Dogen”
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.
What are your thoughts?
Continue reading “I completed Dave Ramsey’s Baby Steps. Should I now invest in real estate or the stock market?”
It is so important to evolve and to keep up with the ever-changing world. Because when we’re complacent and stuck in our ways, opportunities, excitement and potential wealth can pass us by.
I’ve invited someone on the show today who lives by this credo and his name is Rocky Lalvani.
Rocky is a life and money coach who has built a multi-million dollar fortune, not from his coaching biz, but from living a life focused on flexibility, frugality, and family.
Continue reading “Don’t Time the Market – with Rocky Lalvani”