BiggerPockets Money Podcast

396: The Investments That Will Give You COMPLETE Time Freedom


Listen Later

You want to retire early, but odds are, you think that you can’t. Whether it’s a high-stress job, a business that requires your full attention, or just the belief that you MUST be working, most Americans don’t think they can regain their time freedom. But most people don’t know about “lifestyle investing.” Instead of trying to be the wealthiest investor with the biggest house, fastest car, and most money in the bank, lifestyle investing asks, “what do you TRULY need to be financially free?”

And there’s no one better to answer this question than Justin Donald, author of The Lifestyle Investor: The 10 Commandments of Cash Flow Investing for Passive Income and Financial Freedom. Justin redefined what it means to be rich by focusing on time, not money, as the most important metric. He went from working as a stressed-out business owner to having complete time and financial freedom simply by putting the lifestyle he wanted before everything else. And he has a lot to teach those of us that have yet to hit financial independence.

Today, Justin will define some of his cash flow commandments, explain why passive income is the most essential investment you can make, and detail how to start living a proactive, not reactive, lifestyle. No matter where you’re at financially, this shift in understanding will help you build the life you love, WITHOUT creating more tasks for yourself to take care of!


In This Episode We Cover

Lifestyle investing explained, and why time freedom is far more important than money 

How to find out whether you run your business or your business runs you

The ten commandments of passive cash flow and where to find it

Real estate investing and other income streams EVERYONE should know about 

Diversification vs. concentration and which builds wealth faster

De-risking your investments and how to get money out of any deal your enter

And So Much More!


Links from the Show

BiggerPockets Money Facebook Group

BiggerPockets Forums

Finance Review Guest Onboarding

Mindy's Twitter

Jamil's Profile

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Apply to Be a Guest on The Money Show

Podcast Talent Search!

Subscribe to The “On The Market” YouTube Channel

Listen to The “On The Market” Podcast: SpotifyApple PodcastsBiggerPockets

Check Out Mindy’s 2022 Live Spending Tracker and Budget

Money Moment

12 Ways To Make Passive Income From Real Estate Investing


Click here to check the full show notes: https://www.biggerpockets.com/blog/money-396


Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Let us know!

Learn more about your ad choices. Visit megaphone.fm/adchoices

...more
View all episodesView all episodes
Download on the App Store

BiggerPockets Money PodcastBy BiggerPockets

  • 4.5
  • 4.5
  • 4.5
  • 4.5
  • 4.5

4.5

2,892 ratings


More shows like BiggerPockets Money Podcast

View all
Money Guy Show by Brian Preston and Bo Hanson

Money Guy Show

3,118 Listeners

Financial Independence Podcast by The Mad Fientist

Financial Independence Podcast

1,648 Listeners

BiggerPockets Real Estate Podcast by BiggerPockets

BiggerPockets Real Estate Podcast

16,827 Listeners

The Stacking Benjamins Show by StackingBenjamins.com | Cumulus Podcast Network

The Stacking Benjamins Show

1,956 Listeners

Afford Anything by Paula Pant | Cumulus Podcast Network

Afford Anything

3,519 Listeners

ChooseFI by ChooseFI

ChooseFI

5,093 Listeners

Millionaires Unveiled by Jace Mattinson, CPA

Millionaires Unveiled

905 Listeners

Earn & Invest by Jordan Grumet (Doc G)

Earn & Invest

432 Listeners

BiggerPockets Business Podcast by BiggerPockets

BiggerPockets Business Podcast

699 Listeners

Real Estate Rookie by BiggerPockets

Real Estate Rookie

1,836 Listeners

BiggerPockets Daily by BiggerPockets

BiggerPockets Daily

325 Listeners

PassivePockets: The Passive Real Estate Investing Show by PassivePockets, Jim Pfeifer, and Left Field Investors

PassivePockets: The Passive Real Estate Investing Show

131 Listeners

Two Sides of FI by Jason and Eric

Two Sides of FI

344 Listeners

Mile High FI Podcast by Carl Jensen & Doug Cunnington

Mile High FI Podcast

185 Listeners

On The Market by BiggerPockets

On The Market

895 Listeners

Catching Up to FI by Bill Yount & Jackie Cummings Koski

Catching Up to FI

316 Listeners

The David Greene Show by David Greene

The David Greene Show

681 Listeners