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491: Why You DON’T Need a College Degree to Reach Financial Freedom

491: Why You DON’T Need a College Degree to Reach Financial Freedom

FromBiggerPockets Money Podcast


491: Why You DON’T Need a College Degree to Reach Financial Freedom

FromBiggerPockets Money Podcast

ratings:
Length:
72 minutes
Released:
Jan 12, 2024
Format:
Podcast episode

Description

Do you dream of hitting financial independence before the age of fifty, forty, or even thirty? In this episode, we’re joined by two of the SheeksFreaks community’s finest—a pair of scrappy entrepreneurs who decided to skip collegeand pursue a much faster path to financial freedom.
First up, we chat with Adrian Zapata, a twenty-two-year-old serial entrepreneur who now owns multiple thriving seasonal businesses. During the spring, summer, and fall months, Adrian delivers lawn care and tree trimming servicesto the locals of San Antonio, Texas. But, once the holiday season rolls around, that’s when the real cash cow takes over: a Christmas lights installation business that brings in a whopping $115,000 in only two months!
Next, Javier Leyva shares how he was able to achieve financial independence by just twenty-six years old despite his underprivileged upbringing. After performing his own cost-benefit analysis, Javier determined that getting a traditional bachelor’s degree wasn’t the right path for him. Instead, he joined the workforce and took actionable steps toward FI—doubling down on saving money, finding a higher-paying job, and increasing his income with the house hacking strategy!

In This Episode We Cover
Two unique ways to achieve financial independence before the age of 30
How to boost your income with the house hacking strategy
The HUGE revenue potential of building a seasonal business
The case for SKIPPING college and choosing the straight path to FI
Why you NEED to plug into a personal finance community (and stay accountable!)
Why financial education—NOT a college degree—is the key to financial freedom
And So Much More!

Links from the Show
BiggerPockets Money Facebook Group
Network with Other Investors on The Path to FIRE Through the BiggerPockets Forums
Finance Review Guest Onboarding
Join BiggerPockets for FREE
Mindy on BiggerPockets
Scott on BiggerPockets
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Apply to Be a Guest on The Money Show
Podcast Talent Search!
Money Moment
Is College Worth the Cost? This 30,000 Variable Study Says “Sometimes…”
Why 40% of Master’s Degrees Aren’t Worth It (and Which Are) w/Preston Cooper
20 Year-Old Minimum Wage Marine with $850K in Real Estate
Building a $1 Million Net Worth in Only 3 Years by Investing in Real Estate
Hear Our Last Episode with the SheeksFreaks Success Stories
Join the SheeksFreaks Community

Click here to check the full show notes: https://www.biggerpockets.com/blog/money-491
 
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Released:
Jan 12, 2024
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.