31 min
AIE 172: Hack Your Way to Wealth (Even on Minimum Wage) Adulting Is Easy: Making Personal Finance & Real Estate Easy
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- Näringsliv
Lauren opens by askingBrian how he came to the conclusion to change paths from the business path to the missionary one. He truly felt God was leading him in that direction. That was the best way for him to have a positive impact on the world. Then, they dive into how people can invest on low incomes. Don’t wait until you make more! And remember, wealthy people buy luxuries last.
Then, they dive into the HACKER(RRR) method:
Hack your lifestyle, for example, with house hacking; pay attention to your transportation too
Allocation budgeting: 50% spend, 40% invested, 10% give away
Cash is King investing (intro to investing)
Exponentiality: infinite returns
Spending -- Saving -- Investing
Review
Repeat if it’s going great
Rework if your initial investments aren’t working (especially if you’ve changed)
Reward: allow yourself to take the full 50% (even if it’s a big chunk)
Brian’s last piece of advice: don’t waste your life by not enjoying your success! They close by talking about Elon Musk’s response to Lauren’s tweet about whether 20-somethings should match their 401k’s or not.
If you liked this episode, you’ll also like episode 104: How a Family of 4 Lives on Less Than $60k and Still Invests.
About Brian:
Brian Tibbs is a once low-paid missionary with multi-million-dollar net worth. At age 26, Brian was investing in real estate, an executive in his dad’s financial services company, and co-owner of another small online retailer. But Brian felt called down a different path. Over the next 3 years, Brian married Jill Bramhall, resigned from his father’s company, sold his online business and liquidated 60% of his real estate portfolio, and moved, sight unseen, to Guatemala. They became missionaries, raising over $20 million for their cause and building over 150,000 sq. ft of churches and related facilities. Brian and his family made very little money as missionaries, just $9.20 per hour. Their modest salary forced them to create a wealth-building philosophy that didn’t require a big paycheck. Living under this financial constraint is how the HACKER Method was discovered and implemented. Although Brian has retired from full-time missionary work, his desire to serve others remains a primary focus. He launched The Unexpected Investor with the singular goal of helping other people who also feel financially constrained transform themselves into wealthy, powerful, and generous investors using the HACKER Method.
Connect with Brian:
https://theunexpectedinvestor.com/
https://www.instagram.com/unexpectedinvestor/
https://www.youtube.com/@unexpectedinvestor
https://twitter.com/unexpectinvest
https://www.amazon.com/HACKER-Method-Unexpected-Investors-Building/dp/1962074129/ref=sr_1_1
Connect with Lauren:
https://twitter.com/AdultingIsEasy
https://www.instagram.com/@adultingiseasyreal
https://www.housemoneymedia.com/
Lauren opens by askingBrian how he came to the conclusion to change paths from the business path to the missionary one. He truly felt God was leading him in that direction. That was the best way for him to have a positive impact on the world. Then, they dive into how people can invest on low incomes. Don’t wait until you make more! And remember, wealthy people buy luxuries last.
Then, they dive into the HACKER(RRR) method:
Hack your lifestyle, for example, with house hacking; pay attention to your transportation too
Allocation budgeting: 50% spend, 40% invested, 10% give away
Cash is King investing (intro to investing)
Exponentiality: infinite returns
Spending -- Saving -- Investing
Review
Repeat if it’s going great
Rework if your initial investments aren’t working (especially if you’ve changed)
Reward: allow yourself to take the full 50% (even if it’s a big chunk)
Brian’s last piece of advice: don’t waste your life by not enjoying your success! They close by talking about Elon Musk’s response to Lauren’s tweet about whether 20-somethings should match their 401k’s or not.
If you liked this episode, you’ll also like episode 104: How a Family of 4 Lives on Less Than $60k and Still Invests.
About Brian:
Brian Tibbs is a once low-paid missionary with multi-million-dollar net worth. At age 26, Brian was investing in real estate, an executive in his dad’s financial services company, and co-owner of another small online retailer. But Brian felt called down a different path. Over the next 3 years, Brian married Jill Bramhall, resigned from his father’s company, sold his online business and liquidated 60% of his real estate portfolio, and moved, sight unseen, to Guatemala. They became missionaries, raising over $20 million for their cause and building over 150,000 sq. ft of churches and related facilities. Brian and his family made very little money as missionaries, just $9.20 per hour. Their modest salary forced them to create a wealth-building philosophy that didn’t require a big paycheck. Living under this financial constraint is how the HACKER Method was discovered and implemented. Although Brian has retired from full-time missionary work, his desire to serve others remains a primary focus. He launched The Unexpected Investor with the singular goal of helping other people who also feel financially constrained transform themselves into wealthy, powerful, and generous investors using the HACKER Method.
Connect with Brian:
https://theunexpectedinvestor.com/
https://www.instagram.com/unexpectedinvestor/
https://www.youtube.com/@unexpectedinvestor
https://twitter.com/unexpectinvest
https://www.amazon.com/HACKER-Method-Unexpected-Investors-Building/dp/1962074129/ref=sr_1_1
Connect with Lauren:
https://twitter.com/AdultingIsEasy
https://www.instagram.com/@adultingiseasyreal
https://www.housemoneymedia.com/
31 min