374 episodes

You can afford anything, but not everything. We make daily decisions about how to spend money, time, energy, focus and attention – and ultimately, our life. Every decision is a trade-off against another choice.

But how deeply do we contemplate these choices? Are we settling for the default mode? Or are we ruthlessly optimizing around a deliberate life?

Host Paula Pant interviews a diverse array of entrepreneurs, early retirees, millionaires, investors, artists, adventurers, scientists, psychologists, productivity experts, world travelers and regular people, exploring the tough work of living a truly excellent life.

Want to learn more? Download our free book, Escape, at http://affordanything.com/escape

Afford Anything Paula Pant

    • Business
    • 4.6 • 61 Ratings

You can afford anything, but not everything. We make daily decisions about how to spend money, time, energy, focus and attention – and ultimately, our life. Every decision is a trade-off against another choice.

But how deeply do we contemplate these choices? Are we settling for the default mode? Or are we ruthlessly optimizing around a deliberate life?

Host Paula Pant interviews a diverse array of entrepreneurs, early retirees, millionaires, investors, artists, adventurers, scientists, psychologists, productivity experts, world travelers and regular people, exploring the tough work of living a truly excellent life.

Want to learn more? Download our free book, Escape, at http://affordanything.com/escape

    Ask Paula: I’m Bored at Work, and I’m 14 Years from Retirement; Should I Tough It Out?

    Ask Paula: I’m Bored at Work, and I’m 14 Years from Retirement; Should I Tough It Out?

    #344: Russell’s job offers the option to contribute to a 457 plan. Since he’s in the highest tax bracket, should he take advantage of the tax deferral offered through the 457 or invest within a taxable brokerage account?
    Anonymous is on track to be financially independent in 14 years, but isn’t living up to her potential working a boring job. How can she live up to her potential and do more without sacrificing her quality of life?
    C wants to know what tax implications she should consider before working remotely from abroad?
    Daan is wondering if he should stake or lend his current cryptocurrency portfolio to make additional gains on assets he plans to hold long-term?
    Do you have a question on business, money, trade-offs, financial independence strategies, travel, or investing? Leave it here and we’ll answer them in a future episode.
    For more information, visit the show notes at https://affordanything.com/episode344

    • 1 hr 2 min
    Are We Heading for a Housing Crash in 2022?

    Are We Heading for a Housing Crash in 2022?

    Hey Podcast family!
    Enrollment for our flagship course, Your First Rental Property, is open from now until Thursday, Oct 14 at 11:59 p.m. Pacific!
    If you want a structured, step-by-step framework to guide you from “clueless novice” to “confident investor,” this course is for you.
    Your First Rental Property provides all the knowledge, structure, support, spreadsheets, checklists, red flag warnings, and other tools you need to make smarter investing decisions.
    Last chance! Enrollment closes on Thursday at 11:59 p.m. Pacific:
    See you in class!
    https://affordanything.com/enroll
    ——-
    The real estate market in 2021 has been bonkers.
    That’s the technical term.
    From 2012 to 2020, home prices nationwide rose at an annualized average of 5.8 percent per year.
    From April 2020 to April 2021, home prices climbed 17.2 percent.
    This sudden surge in prices has many homeowners and would-be investors fearful of a crash. The memories of the stark price run-up prior to The Great Recession are all too salient.
    What goes up must come down, right?
    Not exactly. In this episode, we walk through market fundamentals — discussing housing supply, lumber prices, and the distinction between cheap credit vs easy credit — to illustrate how today’s market is unlike anything we’ve ever seen.
    More importantly, we offer tips for everyone —.whether you’re a renter looking to get into your starter home, an empty-nester looking to downsize, an owner-occupant who wants to lock in your gains, or a curious aspiring investor who wonders if it’s too late.
    Enjoy!
    For more information, visit the show notes at https://affordanything.com/episode343

    • 1 hr 3 min
    Ask Paula: How to Make Smarter Real Estate Decisions

    Ask Paula: How to Make Smarter Real Estate Decisions

    Hey Podcast family!! 
    Our flagship real estate investing course is re-open for enrollment ONLY from now until October 14!! 
    If you want to stop thinking about maybe buying real estate someday but gee it’s so expensive now …  and you want to *actually take action,* this course is for you. 
    Find out more here. Remember: if you want to stop waiting for a market crash ... and instead develop the structure, systems and judgment to make smart investing choices, even in a hot market like 2021, this real estate investing course is for you.
    Deadline to enroll is October 14, 2021!
    Alright, now … onto the show!
     
    #342: Russell is a busy professional who’d like to invest passively in real estate. Is there data he can use to compare this approach to owning and managing their own properties?
    Laura wants to purchase her first investment property in Miami. Should she cash out some RSUs and stock from her company to use as a down payment? And what type of mortgage is she eligible for since she already owns a home?
    Jordan and his wife own three properties and are under contract on a new house since they have a new baby on the way. Should he sell any of his existing properties to be in a stronger cash position, thus mitigating the risk of future fluctuations in his income as a real estate broker? Or should he keep his rental properties since his goal is to reach financial independence through rental income?
    Do you have a question on business, money, trade-offs, financial independence strategies, travel, or investing? Leave it here and we’ll answer them in a future episode.
    For more information, visit the show notes at https://affordanything.com/episode342

    • 1 hr 14 min
    Courage and The Consequences of Inaction, with Ryan Holiday

    Courage and The Consequences of Inaction, with Ryan Holiday

    Imagine a line.
    Cowardice exists at one extreme end of that line. Recklessness exists at the other extreme end.
    And in the balanced middle, you’ll find courage.
    Today’s conversation is about courage. We’re not talking about inspiring physical acts of bravery in this episode; rather, we’re discussing moral and social courage.
    The type of courage you need to make an investment. Buy a rental property. Invest in stocks. Start a business or side hustle. Retire early. Travel overseas. Have a difficult but diplomatic conversation. Express your feelings constructively rather than bottling them up inside. Raise an issue with immediacy rather than hesitation. Break bad news to someone. Ask for help. Launch an initiative. Try something new.
    We’re talking about the type of courage that’s required to become a better, bigger person in your work, your relationships, your life.
    We’re having this conversation with Ryan Holiday, the bestselling author of a series of books on Stoic philosophy.
    Enjoy.
    Resources Mentioned:
    Courage is Calling, by Ryan Holiday
    affordanything.com/realestate
    affordanything.com/viplist

    For more information, visit the show notes at https://affordanything.com/episode341

    • 59 min
    How to Make $1 Million in Business with No Employees, with Elaine Pofeldt

    How to Make $1 Million in Business with No Employees, with Elaine Pofeldt

    Imagine this:
    You start a side hustle. Maybe you sell planners or lead workouts in the park.
    You make a few thousand dollars during your first year. It’s fun beer money, but not enough to quit your day job.
    But you keep growing. You run this as a one-person operation, though you bring on freelancers or independent contractors.
    Your revenue grows into the five figures. Then six figures. After a few years, you’re running a one-person, million dollar company.
    This sounds like a pipe dream, right?
    But it’s the true story of Laszlo Nadler, who created a line of planners and calendars. It’s the true story of Stacy Berman, who started leading 5:30 AM fitness bootcamp classes in the park.
    And it’s the true story of hundreds of other solopreneurs interviewed by business journalist Elaine Pofeldt, who took a deep-dive look at the lives and businesses of entrepreneurs who run companies that gross more than $1 million, but have no employees.
    In today’s episode, we take an inside look at the secrets behind one-person, million-dollar businesses.
    If you’ve ever considered starting a side hustle or business of your own, don’t miss this.
    This episode originally aired in March 2019.

    For more information, visit the show notes at https://affordanything.com/episode340

    • 1 hr 20 min
    How to Invest in Real Estate, Debt-Free, from Thousands of Miles Away, with Rich Carey

    How to Invest in Real Estate, Debt-Free, from Thousands of Miles Away, with Rich Carey

    Have you ever thought, “I’d like to invest in rental real estate but there are no cheap properties in my area!”
    “Homes in my city are too expensive. I’d have to invest out-of-state, but that sounds terrifying.”
    Or have you ever thought, “I’m curious about real estate but I’m not a fan of the idea of taking on all that debt.”
    Today’s interview is right up your alley. We talk to Rich Carey, who bought 20 single-family rental properties in Alabama, totally debt-free, while stationed in Germany and South Korea.
    He invested not just out-of-state, but entirely from outside the country.
    He bought his properties free-and-clear. And he did it on a military salary while raising two kids.
    This interview originally aired in June 2018. Enjoy!
    For more information, visit the show notes at https://affordanything.com/episode339 

    • 1 hr 20 min

Customer Reviews

4.6 out of 5
61 Ratings

61 Ratings

Woot woot ,

Paula is great

I love this podcast and the different format for each show. It’s nice to have both the interview format and the questions and answers. It’s light hearted but also a good listen with lots of information.

RoisinUk ,

Empathy for your fellow human❤️

I am so impressed that you have such obvious empathy for your fellow humans whether or not they are commercially successful. Your ethical investment episodes are brilliant. I’m using Wealthsimple to invest instead of Vanguard as their shareholders keep voting to keep funds in fossil fuels which is sustaining those markets rather than focussing funds towards more sustainable options. I wish you well. I am delighted you are kind enough to share your excellent insightful content for free and I find your ads on awful and interesting. So pleased you are recovering from Covid. Take care 🙏🏻

Miss HKP ,

Paula don’t give up, just go, go, go

Paula, you provide massive value to the world of finance. I know how negative reviews can feel oh-so discouraging even in the midst of hundreds of positive reviews but please know this: you rock! You are smart, you’re always prepared, you have a great voice that’s enjoyable to listen to and you are educating the masses without excessively pushing people towards your view of the world. Sorry it’s taken me over 6 months of listening to review but it’s the first time I’m not driving or walking as I listen. Heather, Birmingham, United Kingdom

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