Financial Independence Podcast

Mike from LackingAmbition.com joined me for an episode of the Financial Independence Podcast to discuss how he achieved FI in just over 3 years!

After working for just over three years, Mike was able to amass enough savings to purchase (with cash) three single-family houses. By living in one of the houses and renting out the other two, he now has enough rental income to completely cover his living expenses.

During the interview, Mike discusses how he was able to buy three properties, each for under $25,000, in a region that is typically considered to be an expensive market (New England).

In addition to real estate investing, I also talk to him about his time living in a tent in the New Mexico desert, discuss how he too was able to obtain a free Ivy League degree while working full time, and find out what life is like three months after achieving financial independence.

To read the full article, visit http://www.madfientist.com/lacking-ambition-interview/

Paula from AffordAnything.com joined me to discuss how she's using real estate investing to achieve early financial independence!

Highlights:

• Frugality vs. wealth building
• Mental energy is limited so use it wisely
• Think like a creator, not like a consumer
• Scarcity mindset vs. abundance mindset
• How to start investing in real estate
• Real estate niches and strategies
• Becoming a real estate agent

To read the full article, visit http://www.madfientist.com/afford-anything-interview/

Shilpan from Street Smart Finance describes how he was able to build a million dollar real estate portfolio after coming to America with only $20!

Highlights:

• The Value of Hard Work
• Commercial vs. Residential Real Estate
• Tax Benefits of Real Estate
• Stock Losses vs. Real Estate Losses
• LLC vs. S Corp

To read the full article, visit http://www.madfientist.com/street-smart-finance-interview/

In this episode of the Financial Independence Podcast, I interview Jim Collins from JLCollinsNH.com to discuss the importance of F-You Money!

Highlights:

• The Importance of F-You Money
• Surviving Black Monday
• Don't "Swing for the Fences"
• Active vs. Passive Investing
• Why Vanguard?
• Three Simple Steps to Financial Independence

To read the full article, visit http://www.madfientist.com/jlcollinsnh-interview/

Mr. Money Mustache shares his early retirement secrets in an interview for the new Financial Independence Podcast!

Mr. Money Mustache retired in his early thirties and has recently emerged as one of the most inspiring personal finance authors in cyberspace. His entertaining and informative articles, which can be found at mrmoneymustache.com, give you the "punch in the face" you need to get you on the right track to financial independence.

It was great having him in the Mad Fientist lab to talk about his path to financial independence so I hope you enjoy the discussion with him as much as I did!

To read the full article, visit http://www.madfientist.com/mr-money-mustache-interview/