66 min listen
137: Engineering a Path to Financial Independence with Felicity Freedom
137: Engineering a Path to Financial Independence with Felicity Freedom
ratings:
Length:
67 minutes
Released:
Aug 10, 2020
Format:
Podcast episode
Description
Felicity’s story to financial independence is going to be similar to listeners of The BiggerPockets Money Podcast. She got a good paying job, spent less than she earned, intelligently invested in Index Funds and is now financially independent at the age of 30.Easy, peasy, lemon squeezy.Except, it’s NOT that easy, actually. She lives in America, and for much of that time, she lived in a very high cost of living city, Boston.Felicity rented a 250 sq ft apartment with her husband, Fergus, while he was in graduate school - because he didn’t want to live above his means, and he was making less money than she was at the time.In fact, Fergus is leery of the 4% rule, and would be much more comfortable if they were only pulling 2%-2.5% of their retirement funds every year.Their story illustrates the point Mindy makes so frequently in this podcast, “personal finance is personal.” Their story also illustrates the path one must take to get to financial independence.Spend less than you earn. Intelligently invest. Stay the course through the tough times. This too shall pass.In This Episode We Cover:Felicity's journey with moneyTalking about her unconscious spending and fixed expensesWhat she did with her money prior to discovering financial independenceThe moment she started his financial independence journeyHow she got obsessed with personal financeConversation about money with her husbandHer approach on her moneyTalking about happinessWhere she planted her moneyAnd SO much more!Links from the ShowBiggerPockets Money Facebook GroupThe Power of Financial Freedom - Fetching Financial Freedom5 Ways Losing 50 Pounds and Saving $1M Was Exactly the SameDonating a Year’s Salary to Our Donor-Advised FundMintMr. Money MustacheBiggerPockets Money Podcast 120 with Michael KitcesMillennial RevolutionMindy's emailScott's emailSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Aug 10, 2020
Format:
Podcast episode
Titles in the series (100)
#01: The Surprising (Scientific) Truth Behind What Makes You Successful with Mr. Money Mustache: On this first episode of the BiggerPockets Money Podcast, we speak with Mr. Money Mustache (AKA Pete) about what truly makes you a happy person. (Hint! It isn't money, and it isn't material possessions.) We'll talk about shifting your mindset to... by BiggerPockets Money Podcast