Rich and Marcus recorded this weeks episode at #Fincon19, with their friends Julien and Kiersten, of Rich & Regular. Fincon is a yearly conference aimed at helping financial influencers and brands create better content, reach their audience, and make more money. Julien and Kiersten are part of the FIRE movement (Financial Independence, Retire Early) and on today’s episode they discuss bridging money gaps with your partner, being obsessed with saving and setting unique financial goals based on a desired lifestyle.

 

Highlights:

• The problem with using a credit card with no intention of paying off the purchase
• Super Saving – Saving 50% of your income and investing it
• Investing in taxable accounts that you can access before your 60’s
• Sticking to financial goals with the added expense of having children
• There’s no financial plan for the “average individual” because everyone’s life is so different
• Having friends over for food and drinks, instead of spending money going out
• Focusing on increasing income vs. focusing on cutting down on expenses

 

Key Takeaway: There is no one-way to start saving and investing. You need to come up with a plan that fits your income, your goals and your lifestyle.

 

Resources

Paybal.co/learn - We help millennials make money, save money and get out of debt.

 

Paychecks & Balances

Website: https://paychecksandbalances.com/ https://www.patreon.com/paybalances

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

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

Twitter: https://twitter.com/paybalances?lang=en

 

Rich & Regular

Website: https://richandregular.com

Facebook: https://www.facebook.com/richandregular/?ref=aymt_homepage_panel

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

Twitter: https://twitter.com/richandregular?lang=en

YouTube: https://www.youtube.com/channel/UC4HUQztCZd9c1q2rB7SmOAQ