If you find yourself in the unfortunate reality that your marriage isn't going to work out, do you know how to ensure you'll exit the relationship fairly from a financial perspective? Or maybe you want some tools to help you avoid this situation in the first place. In this episode, Tracy Coenen, author of Find Me The Money, walks us through the ins and outs of financial protections you need to know involving the topic of divorce. We cover Money conversations Financial accounts Prenups Postnups A...
May 03, 2023•52 min
We say web address but why don't we think about sites more like physical addresses we might own in a real estate portfolio? Chelsea Clarke joins us today to show us just how powerful digital real estate can be (aka websites). Back in 2012, Chelsea was laid off from her corporate marketing job unexpectedly. This experience taught her that being an employee was too risky. So she set out to take responsibility for her own wealth and became an entrepreneur. She was determined to never have to return...
Apr 26, 2023•50 min
How do you map out your path to financial independence? And how can you find a persona you resonate with to mimic? Kimberly joins us today to provide answers to both of those questions. She created Beworth Finance and wrote Building Wealth on a Dime, to help empower everyone to find financial independence even if they're starting small. Kimberly hasn't always had her money figured out though. She moved to Washington, DC making $15/hour in 2012 and more student debt than she made in an entire yea...
Apr 19, 2023
Spending too much on groceries each month? In this episode, Cody interviews Justin about his $107/mo grocery bill. For many years this number floated closer to $70, but with inflation and a larger focus on getting in great physical shape, that number has grown but is still insanely low. And not only do we cover meal ideas, but we also cover the basics of shopping. List or no list How often to shop What to buy Where to find deals How to navigate the store Take a look at this meal below which is a...
Apr 12, 2023•39 min
Roth vs Traditional is one of the oldest arguments in the financial independence space. Today we're settling the debate! The reality is that there is no "right" answer but there is a right answer for you. Cody Garrett brings his expertise to help you decide which one fits your path. He is a fee-based financial advisor at Measure Twice Financial. Cody had already put together a great resource that breaks down Roth vs Traditional. But we're taking it a step further by peppering Cody with all the q...
Apr 05, 2023•59 min
There's no doubt that being efficient with your expenses is a huge part of your journey to financial independence. However, maybe we focus a little too much time there and not enough time on increasing our income. That's exactly what Tyler Wright from Defining Wealth believes. And Tyler has some first-hand experience in doing just that. Tyler started out like a lot of us... age 22, a new college graduate, and $0 to his name. It didn't take long for him to realize that a 40-year career in a 9-5 w...
Mar 29, 2023•51 min
We can all agree that the earlier you learn about personal finance, the better off you'll be. That's exactly why Clifton Corbin wrote Your Children, Their Money. He's trying to set the next generation up for financial success. Clifton wasn't always financially savvy though. At one point he found himself deep into debt, and it took him years to pull himself out. After finally getting on solid financial ground, Clifton made it his mission to help as many people as possible avoid his money mistakes...
Mar 22, 2023•55 min
Imagine living around the globe while saving up to 90% of your income. That's exactly what Amy Minkley has been able to accomplish. In this episode you'll also get the following highlights: How Amy used geoarbitage to create a 90% savings rate in Asia Real numbers behind her success How to overcome the fear of change and take action now to create the freedom you desire Amy had events in her youth that led her to have an unhealthy relationship with money. It was all fear driven. You'll hear how s...
Mar 15, 2023•50 min
In this episode, Cody and Justin rip apart an article detailing The Top 10 Reasons Why You Shouldn't Retire Early. The topics included: Expensive Healthcare Accessing nest egg early Missing out on compounding interest Living a long time Expenses going up in retirement Rising housing costs Extra income is hard to come by Too much time on your hands You'll need to make new friends Retirement is tough on relationships We know our audience is way better than the personas used to often scare the earl...
Mar 08, 2023•46 min
Ever wonder how someone ends up being the resident expert on something like The Today Show? That's where today's guest, Lauren Cobello comes in. Lauren struggled with money at first. She even had her car REPO'd at one point. It makes sense why she would later write a book titled "The Recovering Spender". In the beginning, she was teaching coupon seminars for church groups. That then slowly started to develop into a personal brand around frugality. Then after a few years, her expertise and resumé...
Mar 01, 2023•50 min
Ever dreamt of leaving corporate America to build your own business? That's where today's guest, Amy Porterfield, author of Two Weeks Notice comes in. Amy put in her 2-weeks notice in 2009 and the rest is history. She didn't hate her job, but she just felt that there was "something else" out there. And so she decided to take the leap and start her own business. At first, she struggled. A lot. But instead of getting frustrated. She learned and improved. Just four years later, in 2013, she made al...
Feb 22, 2023•52 min
What if you could earn money from Airbnb without even owning a property? That's where today's guest, Jorge Contreras comes in. Jorge is an expert in Airbnb arbitrage, a way to earn short-term rental income without actually owning any real estate. After facing many challenges throughout his childhood (selling drugs, murder, alcoholism, smuggling), Jorge was determined to be successful against all odds. He initially found entrepreneurial success with his dance career, but after a devastating injur...
Feb 15, 2023
Today's episode features John Eringman a.k.a John E Finance who left his accounting job at age 25 to pursue content creation full-time. From the beginning, John was doing everything "right". He got good grades, landed an accounting job, and was saving a decent % of his income. But John knew that something was missing. As a fun side project, he started recording short videos covering basic personal finance topics: student loan debt, credit cards, budgeting, etc. All things that he wished he was t...
Feb 08, 2023•53 min
In this episode, Cody and Justin share their goals and strategies for 2023. The goals were loosely broken into a few groups. Finance Justin: Hitting $2k/month from covered calls, eliminating car payment, covering half of the mortgage via Airbnb & Turo Cody: Solo 401K, tax optimization through real estate, syndications, angel investing, spending more on time-saving services Business Cody: Doubling down on Gold City Ventures, podcast growth, rental properties Justin: Upskilling his direct reports ...
Feb 01, 2023
Today's episode features Graham Cochrane from GrahamCochrane.com and Recording Revolution. Graham can now proudly say he's running some incredibly profitable businesses... but it hasn't always been that way. After moving to Florida in 2009 with his wife to help a friend start a church, he got laid off from his new job. Trying to find decent-paying work during a global recession proved to be difficult. So Graham started doing freelance music work again. Although he was making some money, he was a...
Jan 25, 2023•51 min
Today's episode features Larry Ludwig who created and sold Investor Junkie for $6M back in 2018. Larry has had a long, successful business and entrepreneurial career. He has always been at the forefront of technology, digital marketing, and online business since he started working on the internet in 1994. Since then, he's created websites for Fortune 500 companies, built his own web hosting service, and consulted some of the top online brands. In this episode, we get to pick Larry's brain on how...
Jan 18, 2023•47 min
Today's episode features Jeff Rose from Good Financial Cents. Jeff began his adult life as a Veteran who transitioned into civilian life as a Certified Financial Planner. He began working for a firm but found himself questioning the ethics of his compensation. This ultimately nudged him toward entrepreneurship where he started creating personal finance content through his blog and later his YouTube channel. Even though his original goal was just to impact a few hundred people, he's now reached m...
Jan 11, 2023•53 min
Today's episode features Tom Brickman aka The Frugal Gay. Tom actually bought his first property at age 21 while working at The Gap making only $8.50/hr. He would go on to buy 20 additional properties. Did he get some huge pay increase? Not really. Tom worked at a movie theater where he started off making $32k and eventually maxed out in the $70k range. He also did this all at a reasonable pace, taking 18 years in total to acquire all of his doors. That's what's so powerful about Tom's story. He...
Jan 04, 2023
In this episode, Cody and Justin reflect on 2022 and all of the changes that have happened. Cody utilized a vision board going into the year... and Justin was a bit less planned, but both guys came away with some amazing updates and insights. Some topics included: Justin found a lot more purpose and happiness with work Cody more than tripled revenue in his main business, Gold City Ventures Justin increased his salary by 23.5% Cody launched 2 Airbnbs and is flipping his first property Both guys d...
Dec 28, 2022•53 min
Today's episode features Hassan Thomas, founder of FYI FLI which stands for -- “For Your Information, Financial Literacy & Investing”. FYI FLI is a brand that aims to promote financial literacy while eliminating financial illiteracy and teaches millennials how to manage and grow their money through its financial literacy app, website, and other financial literacy resources. In this episode, Hassan covers: Life as a student-athlete Becoming a content creator Why learning needs action Inputs vs. O...
Dec 21, 2022•52 min
Today's episode features Brian Luebben, founder of The Action Academy Podcast. Brian's entrepreneurial resume starts back in college where he built his first company, GreekBeats DJ/Entertainment, that allowed him to graduate debt-free. Shortly after graduating – he made it to the top of a Fortune 500 Company in a sales role earning multiple six figures per year, only to realize quickly that “retirement at 65” and corporate life simply was not for him. Through a combination of real estate and ent...
Dec 14, 2022•53 min
Today's episode features Chloé Daniels, founder of Clo Bare Money Coach. Chloé is a money coach and focuses her time on helping people learn how to invest and build wealth the lazy way. Her ultimate goal is to provide education in a fun, easy-to-understand, and accessible way and is known for her Reels and TikToks that showcase her hilarious dance moves while also providing finance tips. Despite her current success, Chloé didn't start out with so much confidence and knowledge about money. There ...
Dec 07, 2022•51 min
Today's episode features Melissa Neacato from Traveling Wallet. Twelve years ago, Melissa was a 21-year-old university student who got pregnant while completing her degree. She finished the degree but also graduated with $46,000 in debt. Then she went on to buy a new car, which added another $18,000 to her debt. She eventually discovered minimalism and the personal finance community and pays off over $100K of debt in just 3 and 1/2 years. In this episode we cover: Minimalism Mini-Retirements Fin...
Nov 30, 2022•50 min
In this episode, we recollect the past four years and 200 episodes since starting The Financial Independence Show and what we've learned along the way. It's been an amazing journey so far and we can't thank you enough. Some of the main topics include: Mindset Increasing income Creative ways to lower expenses There's no "right" way Networking Taking imperfect action It's truly a humbling experience looking back at how much has changed for the better since this show began and how we're so thankful...
Nov 23, 2022•39 min
Today's episode features Kyle Nolan, creator of Projection Lab. Kyle already had the skills to develop web-based applications when he discovered the world of financial independence. What he didn't have and couldn't find was a financial planning tool that felt modern, flexible, and engaging. So he just decided to build his own! Projection Lab allows you to create beautiful and nuanced financial plans that truly represent you, your loved ones, and the paths you choose. You get to run Monte Carlo s...
Nov 15, 2022•46 min
Today's episode features Irvin Aguilar who took AGR Landscaping from a small-time company making $5k per month to a money-making machine hitting $250k in recent months. Irvin saw his dad struggling and found himself struggling with college as well. It turned out to be the perfect opportunity to inject some small but powerful changes into his dad's business. He saw how a language gap, poor marketing, and unfair contracts were holding his dad back. In very little time, it went from a business that...
Nov 09, 2022•43 min
Today's episode features Alex Fasulo, author of Freelance Your Way to Freedom. Long-time listeners may remember Alex from episode 48. At the time, she was making over $350k per year on Fiverr. But Alex was also working insane hours. It eventually became clear that she needed to build a team around her to make this sustainable. Today, she's built a mostly hands-off business that doesn't require her to work 12+ hours per day. But of course, Alex didn't stop there, she decided she needed to build a...
Nov 02, 2022•50 min
Today's episode features Ryan and Cory from The Weekly Juice Podcast. Have you ever wanted to pick the brain of a thriving investor or entrepreneur, but didn’t know how? Maybe you wanted to ask them about their successes, failures, systems, motivations, or experiences they’ve had? Perhaps you wanted to invite them out for a coffee or beer to ask them how they reached their level of success, but couldn’t find the time? Don’t worry, that's where The Weekly Juice Podcast comes in. Ryan and Cory sou...
Oct 26, 2022•55 min
Today's episode features YouTube coach Danie Jay. Danie started on YouTube as an ESL teacher (with her trusty $5 panda puppet) living abroad in Vietnam. She then discovered the world of affiliate marketing and scaled her then-small YouTube channel into a full-time income. And now she's helping others do the same! Danie isn't only working with teachers either. Now she's expanded to include health & wellness coaches, real-estate agents + more building stand-out channels on YouTube! It's obvious ho...
Oct 19, 2022•46 min
Today's episode features Martin Dasko from Studenomics. Martin doesn't just talk and write about money. He also is dedicated to fitness, traveling, teaching, professional wrestling, and yea...making money too! We caught up with Martin at FinCon where we not only went through his backstory but also one of his ventures we've been wanting to highlight. Martin started doing Airbnb Experiences that led travelers around to different coffee shops. A great side hustle he can benefit from even while he i...
Oct 12, 2022•36 min
