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366: The Repeatable Steps to Financial Freedom in 4 Years w/TheFICouple

366: The Repeatable Steps to Financial Freedom in 4 Years w/TheFICouple

FromBiggerPockets Money Podcast


366: The Repeatable Steps to Financial Freedom in 4 Years w/TheFICouple

FromBiggerPockets Money Podcast

ratings:
Length:
56 minutes
Released:
Dec 26, 2022
Format:
Podcast episode

Description

Financial independence means something different to everyone. For some, it means having enough to not worry about being laid off. For others, it could mean making more money to buy a yacht, but for Ali and Josh (TheFICouple), financial independence means more time together, growing a family, and a community that helps others reach their highest potential. Just four years ago, Ali and Josh were strapped with six figures worth of debt, living paycheck to paycheck, struggling to survive. Now, they’re financially independent, working their jobs just two days a week, and spending the rest of the time building a better life for their future child.Ali and Josh are tenacious savers and investors, but they weren’t always like this. They were used to spending everything they made, scared to look at their bank accounts, and hoping that the future would somehow become brighter. Once they took the financial blinders off, Ali and Josh saw that the only way to build their ideal life was to deal with their financial hardships head-on. From there, they house hacked, heavily invested, paid off debt, and began publicly posting their wins, and losses, on social media under the @TheFiCouple handle.They’ve gone from surviving to thriving, and this episode hints at just a portion of what Ali and Josh are building. With a baby on the way, they’ve become even more aggressive with growing their online brand, their real estate portfolio, and their investment accounts. If you want to repeat the four-year path to FI like Ali and Josh, tune in!In This Episode We CoverPaying off over six figures of student debt and the beauty behind taking small stepsSeller financing real estate and using it to buy properties without the big banks Quitting full-time work and still saving over eighty percent of your incomeGrowing your online brand and building a community that’ll push you to new heightsWhy building a massive real estate portfolio isn’t what it’s all cracked up to beTips for those that are still in debt or just starting in their investing journeyAnd So Much More!Links from the ShowFind an Investor-Friendly Real Estate AgentBiggerPockets Money Facebook GroupBiggerPockets ForumsFinance Review Guest OnboardingMindy's TwitterListen to All Your Favorite BiggerPockets Podcasts in One PlaceApply to Be a Guest on The Money ShowPodcast Talent Search!Subscribe to The “On The Market” YouTube ChannelListen to The “On The Market” Podcast: Spotify, Apple Podcasts, BiggerPocketsCheck Out Mindy’s 2022 Live Spending Tracker and BudgetAmanda's InstagramShe Wolf of Wall Street WebsiteFrom Fired to FI Couple in 2 Years with Josh and AliBudgeting for a Baby: The Costs EVERY New Parent Should ExpectClick here to check the full show notes: https://www.biggerpockets.com/blog/money-366Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Dec 26, 2022
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.