58 min listen
2: An All-Out Approach to Financial Independence at an Early Age with Scott Trench
2: An All-Out Approach to Financial Independence at an Early Age with Scott Trench
ratings:
Length:
67 minutes
Released:
Jan 8, 2018
Format:
Podcast episode
Description
Scott Trench wanted something more out of life, so he grabbed it by the horns and pointed it in the direction HE chose. By accumulating a large financial runway through a 50% savings rate on a median income, he gave himself the courage to take calculated risks, like “hacking” his first house and transitioning out of a nice, safe corporate job to work at a risky internet startup. Scott talks about the benefits of a four-pronged approach to improving your finances, from achieving a high savings rate and increasing income to investing in traditional assets like real estate and stocks—and, of course, creating new assets and opportunities. What’s more, Scott believes this approach is repeatable for many others who have the discipline to begin the journey by achieving a high savings rate and the courage to use their growing financial resources to seize life’s opportunities as they present themselves. Listen up for an approach to life and money that may enable to you to retire decades earlier than your peers—with more money in your bank account, having perhaps had far more fun along the way. Links from the Show Financial Independence Podcast Mr. Money Mustache BiggerPockets Money Podcast 01: The Surprising (Scientific) Truth Behind What Makes You Successful with Mr. Money Mustache House Hacking 101: How to “Hack” Your Housing and Get Paid to Live for Free BiggerPockets Forum New Cars and Auto Financing: Stupid, or Sensible?
Released:
Jan 8, 2018
Format:
Podcast episode
Titles in the series (100)
#08: From Financially Perfect to Rock Bottom (and back again) with Tiffany “The Budgetnista” Aliche: Tiffany Aliche grew up talking about money. Her dad was an accountant, her mother actively engaged the children in grocery shopping and other areas of finance. She was a teacher at a private school and had just bought her first... by BiggerPockets Money Podcast