Low Income Rich Life

Kevin Bass
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Low Income Rich Life

Welcome to "Low Income, Rich Life," the podcast that helps you prepare for a secure and fulfilling retirement, even on a limited income. I'm your host, Kevin Bass. Each week, we'll explore practical tips and strategies for getting out of debt, lowering expenses, living a simpler life, and finding true contentment.

Episodes

  1. 10/16/2024

    Preparing for the Unexpected: Stockpiling Essentials on a Budget

    Imagine being ready for life's curveballs without draining your wallet. That's the promise we explore today as we unravel the secrets to stockpiling essentials on a budget. Through personal stories like managing the saline shortage as a surgical assistant, we delve into the power of preparation. Learn how to gradually accumulate a six-month supply of necessities by simply adding a few extra items during your routine grocery trips. This episode introduces you to our practical stockpile workboo...

    13 min

  2. 10/06/2024

    Breaking the Debt Cycle: How Emergency Funds and Aging Your Money Can Set You Free

    Imagine a life where unexpected expenses no longer throw you into a financial tailspin. That's what we're exploring on this episode of Low Income Rich Life. Join me, Kevin, as we unravel the secrets to building an emergency fund—even on the tightest of budgets. I share my personal journey of financial transformation, highlighting the small, practical steps that helped me break free from the paycheck-to-paycheck grind. From the power of automating savings to the liberation that comes from cutt...

    19 min

  3. 09/29/2024

    Mastering SMART Goals: Your Roadmap to Financial Success

    Ever feel like managing your money is like trying to hit a target while blindfolded? What if I told you there's a way to remove that blindfold and aim with precision? This episode is all about mastering the art of setting SMART financial goals that are Specific, Measurable, Achievable, Relevant, and Time-bound. We explore why both long-term and short-term goals, like saving for retirement or paying off credit card debt, can transform your financial health. Picture your finances with a GPS: cl...

    14 min

  4. 09/22/2024

    Retirement Planning Myths Debunked

    Think you need a million dollars to retire? Think again! In this episode of Low Income Rich Life, we’re debunking the biggest retirement myths that have been causing you sleepless nights. Tune in as we break down why the million-dollar retirement goal is more of a scare tactic than a necessity and how your personal circumstances greatly affect your retirement needs. We'll also reveal why putting all your faith in Social Security could be a financial misstep and how relying solely on it might ...

    13 min

  5. 09/15/2024

    Aging Your Money: The Path to Financial Security

    Ever wondered how aging your money can create long-term financial stability? In this episode, we dive deep into using last month’s income to cover this month’s expenses, helping you get ahead by paying bills in advance and stocking up on essentials to build a stress-free financial buffer. You’ll learn actionable strategies, like paying utility bills months ahead, and leveraging platforms like Walmart.com, Costco, Sam’s Club, Boxed.com, and Amazon Subscribe and Save to stretch today’s dollars ...

    11 min

  6. 09/08/2024

    Building an Emergency Fund – Your Financial Safety Net

    Ready to build a financial safety net that can handle life’s surprises? In this episode, we dive into the essential steps to creating an emergency fund—starting with just $500. Whether you’re dealing with debt or simply looking for a way to get ahead, starting small can make a big difference. From there, you’ll learn how to grow your fund to cover 3-6 months of living expenses.I’ll walk you through practical strategies like automating your savings, cutting non-essential costs, and leveraging ...

    12 min

  7. 09/01/2024

    How to Build a Retirement Fund from Scratch at Any Age

    Have you ever wondered if it's too late to start saving for retirement? Or perhaps you're curious about the most effective ways to build a retirement fund from ground zero at any age? This episode of Low Income Rich Life promises to equip you with the knowledge and strategies needed to establish and grow your retirement savings, regardless of your current financial situation. We break down various types of retirement accounts, such as traditional IRAs, Roth IRAs, 401(k) plans, SEP IRAs, and S...

    18 min

  8. 08/25/2024

    Alternative Housing Options for Affordable Retirement

    Ever wondered how downsizing could lead to a richer, more fulfilling retirement? Join me, Kevin Bass, as I share my personal journey transitioning to a tiny home, and uncover the secrets behind affordable retirement housing options. Discover the benefits and limitations of tiny homes, including their minimalist appeal and financial advantages, but also the challenges they pose. By sharing my first-hand experiences, including a stint in a used mobile home, I promise you will gain valuable insi...

    21 min

  9. 08/18/2024

    Budgeting for a Debt-Free Retirement

    Ever wondered how to achieve financial freedom before retirement? This episode promises to arm you with the know-how to eliminate debt and secure your golden years. Join me, Kevin Bass, on Low Income Rich Life as we explore essential strategies like the avalanche method and the importance of assessing your entire debt portfolio. I'll share personal anecdotes and practical tips that will help you cut unnecessary expenses and redirect savings toward debt repayment.We'll discuss the significance...

    13 min

  10. 08/11/2024

    5 Smart Steps To Retire On A Low Income

    What if you could retire comfortably on a low income? In this episode of Low Income Rich Life, hosted by Kevin Bass, we go over five smart steps to retire on a low income. We uncover five essential strategies to ensure a secure and fulfilling retirement, even on a tight budget. We start with the critical importance of initiating a retirement savings account, focusing on employer-provided plans such as 401ks and Roth accounts. Kevin shares his personal experience and offers practical advice on...

    8 min

  11. 08/11/2024

    Introduction to Low Income Rich Life

    Send us a Text Message with your questions, comments or ideas for future episodes.Support the showDon't forget to visit our website at https://lowincomerichlife.com for additional resources, show notes and links to everything we discussed today. You can also join the conversation in our Facebook group at www.facebook.com/groups/lowincomerichlife for more updates and retirement tips.Subscribe to our newsletter at https://lowincomerichlife.com/subscribe for regular updates and exclusive content.

    6 min
  • 11 Episodes

Ratings & Reviews

5
out of 5
2 Ratings

About

Welcome to "Low Income, Rich Life," the podcast that helps you prepare for a secure and fulfilling retirement, even on a limited income. I'm your host, Kevin Bass. Each week, we'll explore practical tips and strategies for getting out of debt, lowering expenses, living a simpler life, and finding true contentment.

Information

  • Creator
    Kevin Bass
  • Years Active
    2K
  • Episodes
    11
  • Rating
    Clean
  • Copyright
    © 2024 Low Income Rich Life
  • Show Website
    Low Income Rich Life

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