Episode description

Wired Educator host, Kelly Croy, interviews the "Millionaire Educator" Ed Mills from www.millionaireeducator .com. Ed is a high school Spanish teacher in Georgia where he lives with his wife and fourth grade son. Ed blogs about financial independence and wealth building from a teacher's perspective. He has amassed an incredible personal wealth by applying his five pillars of financial independence.

Ed's message and website is to help educators live a better lifestyle by applying some basic but important rules of finances. His fortune has been built not by speaking engagements and endorsements, but by applying some basic rules that you will learn in this podcast. (Sometimes Ed doesn't even work full time.)

Mentioned in this podcast:

www.millionaireeducator.com
www.Vanguard.com
www.403bWise.com

The book The Millionaire Next Door by Thomas J. Stanley
The Millionaire Mind by Thomas J. Stanley
You Need a Budget: Software to Help You Budget Easily and Wisely 

Discussed in this Podcast:

Financial Advice for the First Year Teacher
Financial Advice for the Teacher About to Retire
Financial Advice for the Teacher in the MIddle of Her Career
How to Earn Extra Money as a Teacher
Best Investment Strategies for Teachers
Educators and Taxes: How to Lower Your Tax Obligation
How to Live on Less

• The Millionaire Educator’s 5 Pillars of Wealth:
  Debt avoidance
  Hardcore savings via retirement accounts
  Tax minimization
  Prudent investing
  Embrace frugal living