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449: Coast FI in 4 Years: Cutting Expenses, Doubling Your Income, & HUGE Savings

449: Coast FI in 4 Years: Cutting Expenses, Doubling Your Income, & HUGE Savings

FromBiggerPockets Money Podcast


449: Coast FI in 4 Years: Cutting Expenses, Doubling Your Income, & HUGE Savings

FromBiggerPockets Money Podcast

ratings:
Length:
50 minutes
Released:
Sep 11, 2023
Format:
Podcast episode

Description

People spend much of their lives grinding to Coast FI, but the truth is that you’re only ever one big financial swing from achieving your FI goals much faster. Despite starting out with very little, today’s guest was able to break the cycle and reach her Coast FI goal in just four years. In this episode, she shares the blueprint for her “overnight” success!
Welcome back to the BiggerPockets Money podcast! Today, we’re speaking with finance guru and real estate investorAmberly Grant. Amberly didn’t come from wealth. Growing up, her family never owned a home or had enough money to afford simple repairs. But, at fifteen, she discovered the book The Wealthy Barber, which ignited her love for finance. After several failed business ventures and a late start to college, Amberly discovered the power of real estate investingin 2019. House hacking covered her mortgage each month, and keeping her expenses down allowed her to save most of her income and buy more properties.
In this episode, Amberly demonstrates just how quickly things can swing in your favor with a little financial knowledgeand hard work. Comfortably Coast FI, Amberly now works from home, manages her real estate portfolio on the side, and spearheads FinTalks—a segment of the FIRE community that discusses important finance topics each week. Tune in to learn how she doubled her W2 income, saved eighty thousand dollars in one year, and made her husband wife-FI!

In This Episode We Cover
How to fast-track your journey to financial independence
Reaching Coast FI in as little as four years with real estate
Eliminating your mortgage payment through the power of house hacking
Increasing your income through W2 raises and HUGE property cash flow
Reducing your monthly expenses and supercharging your savings
And So Much More!

Links from the Show
BiggerPockets Money Facebook Group
BiggerPockets Forums
Finance Review Guest Onboarding
Join BiggerPockets for FREE
Mindy on BiggerPockets
Scott on BiggerPockets
Grab Scott’s Book, “Set for Life”
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Apply to Be a Guest on The Money Show
Podcast Talent Search!
Money Moment
How This Teacher Squashed $20K in Credit Card Debt and Hit Coast FI by 32 w/Yanely Espinal
Join the FinTalks Community Today

Click here to check the full show notes: https://www.biggerpockets.com/blog/money-449
 
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Released:
Sep 11, 2023
Format:
Podcast episode

Titles in the series (100)

For those who have money… or want more of it! Join Mindy Jensen and Scott Trench (from BiggerPockets.com) weekly for the BiggerPockets Money Podcast. Each week, financial experts Mindy and Scott interview unique and powerful thought leaders about how to earn more, keep more, spend smarter, and grow wealth.