Adulting Is Easy: Making Personal Finance & Real Estate Easy

The book Think and Grow Rich was written by Napoleon Hill and published in 1937. It is a famous personal finance book recommended by many. On this episode of Adulting Is Easy, Lauren and Kurtis discuss what they liked and what they didn't like about this book - mostly what they didn't like. Let's just say, neither would recommend this book, and you certainly don't have to read it to enjoy listening to this one. As a matter of fact, you should never read it. Lauren gets HEATED at one point.

Kurtis Hanni is an Accountant who has a love of all things personal finance. After teaching Dave Ramsey classes, he thought 'there has to be a better way" and thus started the journey of creating his own finance content. Today Kurtis has a podcast Delve into Money and shares additional insights on Twitter daily.

Book recommendations:

Lauren: Your Money or Your Life by Vicki Robin, The Simple Path to Wealth by JL Collins, Set for Life by Scott Trench

Kurtis: 7 and a Half Lessons About the Brain by Lisa Feldman Barrett, Essentialism by Greg McKeown, Psychology of Money by Morgan Housel, I Will Teach You to Be Rich by Ramit Sethi

Article about Napoleon Hill: https://gizmodo.com/the-untold-story-of-napoleon-hill-the-greatest-self-he-1789385645

Connect with Kurtis: 

www.delveintomoney.com

https://twitter.com/justKWH

Lauren interviewed Tom a.k.a. The Frugal Gay for this episode of the Adulting Is Easy podcast. Favorite quote, "I bought a crack house on eBay."

Tom is passionate about living debt free, a side hustle enthusiast & an avid real estate investor. Hailing from Dallas, TX, Tom is a 37-year-old a married dog dad & founder of The Frugal Gay. 

The two discuss how Tom got started in real estate (selling stock), triumphs, failure (a money pit), flipping product, bringing contractors across state lines to do work, and much more. Listen to learn about how he built his and his husband's rental portfolio - they collect rent on 15 doors and own one mortgage - and where they're headed next.

Connect: https://twitter.com/Thefrugalgay11

**Apologies - this episode has some background noise the software was unable to edit it out.**

Lauren interviewed Clint for this episode of the Adulting Is Easy podcast in one of the greatest comeback stories you'll ever hear. Clint opens up about his struggles, both mentally and financially. He and his family were knocked down HARD three times and have come back stronger than ever. Clint wants listeners to know there's always a way to achieve your goals. If you're looking for a final push to get started investing in real estate, this episode is for you because you'll learn that even if the worst happens, you can bounce back.

Bio: Clint is a husband and father to two young boys, now 10 and 13. By day, he's a chief financial officer and in the evenings, he reads, invests, writes a fantasy novel series and hosts the Pursuit of Learning Podcast.

Connect with Clint:

Twitter: https://twitter.com/IAmClintMurphy

https://clint-robert-murphy.com/

- A note about noise: I moved my microphone and bumped it a few times. Sorry about that. -

This is the second half of Lauren and Stephen's conversation, where Lauren goes from interviewer to interviewee. These two discuss much more than real estate, although that's certainly still a topic. Enjoy!

Bio: Stephen started investing immediately after graduating from University in 2003 and he’s always had an eye and interest for investing, wealth building, and navigating the financial markets with consistency. Stephen is a self employed IT consultant who works in the Oil and Gas sector with a speciality in GIS systems.   He helps investors find that next level of investment or asset class that they can utilize to accelerate their wealth building endeavors. Real Estate in your local area can be a prime example.

He is currently 43 years old, married with 3 kids, and living in Calgary, Canada.

Stephen's Twitter:

https://twitter.com/StephenWealthy_

Lauren is joined today by Stephen Wealthy, creator of the financial investment blog site mywealthmoney.com. Lauren and Stephen talk about Stephen and his wife's family's two recent flips, and they dive into the numbers after Stephen discusses his first steps into real estate.

Stephen started investing immediately after graduating from University in 2003 and he’s always had an eye and interest for investing, wealth building, and navigating the financial markets with consistency. Stephen is a self employed IT consultant who works in the Oil and Gas sector with a speciality in GIS systems.

He is currently 43 years old, married with 3 kids, and living in Calgary, Canada.

Connect with Stephen:

https://twitter.com/StephenWealthy_

Stephen's related blog posts:

https://mywealthmoney.com/save-1-million-by-30/

https://mywealthmoney.com/real-estate-how-i-made-my-fortune/

Episode 56's guest is Jared aka Jrod Money, and he is full of simple, straight forward, and powerful personal finance advice. Lauren and Jrod discuss emergency funds, budgets, paying down debt, investing, index funds, and retirement funds. Jared reminds us all that investing does not have to be complicated.

Bio: Jared is 32 years old and married with 1- and 6-year-old boys. Jared and his wife’s money journey started about 7 years ago when they finally decided that they needed to pay off nearly $30,000 in debt. This decision was triggered by a termite infestation in their recently purchased home. The couple financed an $8,000 repair without blinking an eye and that’s when they knew they needed to change their financial habits. Seven years later and the family is now debt free and investing 25-30% of income monthly.

Twitter: https://twitter.com/MoneyJrod

FREE e-Book: https://gumroad.com/l/oaKXv

Jenny's back! Lauren came up with and wrote about 6 Money Personalities she has observed over the years, and the sisters walk through each of them. Which one are you? Did Lauren miss any? Let us know on Twitter @AdultingIsEasy or at [email protected].

Relevant blog: https://www.realadultingiseasy.com/post/the-6-money-personalities

Lauren is joined by Alan Corey for this episode, and the two do a deep dive into the 6 rungs of residential real estate and also talk about concepts from his new book, House FIRE, like HELL FIRE and killing bills by buying assets. If you are considering investing in real estate and are not sure where to start, this episode is perfect for you. If you've already started and you're wondering where to go, then it's also worth a listen.

Alan Corey is an Atlanta-based realtor and real estate investor and the author of the best-selling book House FIRE about reaching financial independence and retiring early through real estate. A former comedian turned real estate mogul, Alan makes real estate fun and interesting to help guide others on their path to financial freedom. 

Website: https://www.thehouseofac.com/

Instagram: https://www.instagram.com/thehouseofac/

Facebook: https://www.facebook.com/thehouseofAC

Twitter: https://twitter.com/thehouseofAC

On this episode, Lauren is joined by Meg Normann, and the two cover a range of topics, starting generally with Meg's story, which includes student loans, credit cards, and getting out of debt. Then, they transition to real estate: long-term rentals, short-term rentals, recasting a mortgage, and geo-arbitrage. They also discuss diversifying with different kinds of real estate and stocks.

Meg Nordmann, the author of “Have Yourself a Minimalist Christmas” and host of the newly launched "Journey to Freedom" podcast, which explores a wide variety of ways to achieve a more free life--such as minimalism, time hacking and financial freedom. Meg is the mother of two messy but wonderful little girls who were her catalyst for seeking an intentional and minimalist life. Meg and her husband set an ambitious goal to achieve financial independence and retire early (“FIRE”) and recently achieved this in just 6 years. Between navigating the clutter that comes with parenthood and their goal to retire early, frugality and sustainability have become guiding principles in their everyday life.

A former journalist, editor and digital marketer, Meg is now a full-time mother who writes, blogs, and speaks about minimalism and frugalism—philosophies that have afforded her family the luxury of time and freedom to explore the things that matter the most to them.

Connect with Meg:

www.megnordmann.com

https://twitter.com/MegNordmann

https://www.instagram.com/megnordmann/

Read her book: http://megnordmann.com/book/

And listen to her podcast: Journey to Freedom

Lauren is joined by Paul, a full-time Real Estate Broker who previously spent time in the restaurant industry. Paul has a passion for all things budgeting as he had to make his first-time salary stretch a lot as rent and student loans took up about 70% of his income! The two discuss Paul's experience with student loans, mortgages, credit cards, auto loans, and personal loans. Most of all, Paul provides some tips on budgeting to pay down debt. 

Follow Paul on Twitter: https://twitter.com/PaulDNovak

See Episode 8 for an episode all about budgeting

Or read this blog: https://www.realadultingiseasy.com/post/adulting-with-budgets