BiggerPockets Money Podcast

368: Lynne Twist’s “Want Less, Obtain More” Philosophy All FI-Chasers Should Follow

01.02.2023 - By BiggerPocketsPlay

Download our free app to listen on your phone

Download on the App StoreGet it on Google Play

Lynne Twist’s The Soul of Money sparked a conversation we needed to have. It didn’t make people think “how do I make more money,” instead it asked, “what world am I making with the money I have?” For decades, Lynne has beenfundraising for charities and causes around the globe. From ending world hunger to fighting for the climate, she’s made sure that her dollars are best put to use, helping the most people she can with the money she makes.

Lynne’s rock-solid financial sense came from an unusual background. Her mother was raised well-off, but her family’s wealth came crashing down when they were forced to flee the home abroad they had made for themselves. Then, when Lynne’s father died, her mother became increasingly frugal, but for a good reason. Lynne’s mother wanted to use her money to give, not get, making every cent count in the budget. Later in life, Lynne and her husband lost a massive portion of their wealth, forcing her to ask the question—why pursue riches in the first place?

On today’s show, we have a lively discussion on the toxic money culture that has enveloped American society, why financial independence is worth pursuing, and what those with much can do to help those with so little. Lynne’s take on wealth-building opens up a refreshing debate among early retirees and forces you to ask “why” instead of “how” when it comes to making money. Tune in, and be sure to check out Lynne’s new book, Living a Committed Life! 

 

In This Episode We Cover

The “soul” of money and the scarcity belief that is causing society’s financial anxiety 

When is “enough” and how making less but giving more makes you richer

The importance of self-sufficiency and why chasing financial freedom is always a worthwhile goal

Learning to forgive yourself for money mistakes and why losing wealth isn’t always a bad thing

Fighting world hunger and how Lynne is using her voice to tackle huge global issues

Lynne’s brand new book, Living a Committed Life! 

And So Much More!

Links from the Show

Find an Investor-Friendly Real Estate Agent

BiggerPockets Money Facebook Group

BiggerPockets Forums

Finance Review Guest Onboarding

Mindy's Twitter

Scott's Instagram

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: Spotify, Apple Podcasts, BiggerPockets

Check Out Mindy’s 2022 Live Spending Tracker and Budget

The Soul of Money

Pacha Mama Alliance

The Hunger Project

Click here to check the full show notes: https://www.biggerpockets.com/blog/money-368

Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!

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

More episodes from BiggerPockets Money Podcast