The IDEAL Investor Show: The Path to Early Retirement

Episode 19: Things to know about good debt and bad debt with Jennifer Trinidad


Listen Later

More on YouTube? Check the video version at https://youtu.be/6JA9BWYdCpM


Timestamps:

[00:00 - 01:01] Stress of being in debt?

[01:02 - 01:45] What is Foliolens? - Property management has never been easier with Foliolens! Get early access to this 5-in-1 app now!

[01:46 - 06:41] How did the Budget Diva started?

[06:42 - 11:16] The truth about mystery shopping

[11:17 - 12:50] How Dave Ramsey’s 7 Budgeting Baby Steps can help?

[12:51 - 14:06]  Good debt versus Bad debt

[14:07 - 19:30] What do you think about using debt for investment?

[14:31 - 26:30] Percentage breakdown of your budget

[26:31 - 27:12] Shifting your mindset

[27:13 - 28:55] Investor Q&A Round: Who do you admire and why?

[28:56 - 31:15] Investor Q&A Round: If you had the chance to go back or forward in time, when is that and why?

[31:16 - 32:07] How to reach out to Jennifer Trinidad?

[32:08 - 32:10] Ideal Investor Show Outro


Who is the Guest?
Jenn and her husband Alden paid off $90,000 of debt in four years, in which $41,000 was paid off in one year. Jenn credits their success by living with intention, following a budget, and increasing their incomes so that they could have fun while on a debt-free journey.


Quotes:

  • Evaluate all your expenses - see if this is a want or need. If it is not a need, put it toward your expenses so you can have a better financial future.

Mentions:

  • His and Her Money
  • Dave Ramsey
  • Mystery Shopping
  • Good debt
  • Value assets
  • The Millionaire next door


Get your detailed budgeting tips at www.budgetdivas.com

Start taking action right NOW!

  • Goal-setting the right way! 
  • Hesitant to make the first step towards real estate investing? Axel learned the hard way- but you DON’T have to start that way. Feel free to talk to him :)

Connect with us through social! We’d love to build a community of like-minded people like YOU!

Any questions?

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The IDEAL Investor Show: The Path to Early RetirementBy Axel Meierhoefer

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