Your savings rate is the biggest leverage you have!
In today's Better Wealth Episode, I had the pleasure of interviewing Rachel Richard, former financial advisor and real estate investor, who now has written two incredibly successful books about money. Listen as Rachel shares her story of becoming a lover of finances and money, budgeting, savings and financial prosperity. Rachel describes how your savings rate is the biggest leverage you have to financial independence. Rachel is always challenging people to try to increase your savings percentage! Listen as Rachel talks about making a difference in your financial situation by both increasing your income and decreasing your spending at the same time. Financial change comes with the mindset of delayed gratification, according to Rachel. I also ask Rachel to dive deep into the why that drives her passion for finances and how it influenced her books. Listen as she shares concepts in her books such as savings, budget, debt, financial mindset.
For more information on BetterWealth or the content you hear on the Podcast visit us at http://www.betterwealth.com/podcast (www.betterwealth.com/podcast).
At the age of 27, Rachel Richards quit her job and retired, living off $15,000 per month in passive income. Rachel is the bestselling author of “Money Honey” and “Passive Income, Aggressive Retirement.” She is a former financial advisor and a real estate investor with almost 40 rental units. By making the topic of money management fun, entertaining, and simple, Rachel has helped thousands of millennials work their way out of financial despair.
https://amzn.to/3oI3tCQ (Money Honey: A Simple 7-Step Guide for Getting Your Financial $hit Together) by Rachel Richards
https://amzn.to/3tqhMzc (Passive Income, Aggressive Retirement: The Secret toFreedom, Flexibility, and Financial Independence (and how to get started!)) by Rachel Richards
https://www.moneyhoneyrachel.com/free (FREE Budgeting Sheets) from Rachel