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Your 20s can set the direction of your financial life. Garrett Gunderson shares six lessons for building wealth, increasing cash flow, and enjoying life along the way.
In this episode: • Build a six-month "peace of mind fund" so you have cash you can actually access. • Spend 90 days developing one investment skill that can create cash flow. • Understand the tax tradeoffs of a 401(k) and Roth IRA before locking away your money. • Use a five-minute weekly money check-in to catch money leaks. • Focus on growing your income instead of shrinking your life. • Give yourself permission to enjoy your money now.
Garrett also shares lessons from his own journey from extreme frugality to a richer life.
Resources: Cash Flow Compass: https://garrettgunderson.com/cash-flow-compass/ Financial Intelligence Package: https://garrettgunderson.com/podcast Multiplier Method Newsletter: https://garrettgunderson.com/newsletter
Watch the original episode: https://www.youtube.com/watch?v=8GRTYEG_Xdo
For educational and entertainment purposes only. Not financial or legal advice.
Should you rent or buy a home? Garrett Gunderson shares six things to consider when deciding which choice can build more wealth and give you more financial flexibility.
Drawing on 27 years in real estate and experience owning over 100 properties, Garrett shares lessons from both his gains and losses. He explores the real costs of homeownership, the value of flexibility, and break-even examples for Austin, Seattle, San Diego, and San Francisco.
Resources: Cash Flow Compass: https://garrettgunderson.com/cash-flow-compass/ Multiplier Method Newsletter: https://garrettgunderson.com/newsletter
Watch the original episode: https://www.youtube.com/watch?v=tSv8ReLD7q0
For educational and entertainment purposes only. Not financial or legal advice.
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