151 Likes 21 Dislikes
Joel and his wife were barreling down the wrong financial path - saving nothing and spending more than $100,000 every year.
A freak car accident literally changed the direction of their lives by causing them to re-evaluate and decide on what was truly important in life. In five short years, they went from a negative savings rate to saving 85% of their income, allowing Joel to quit a job that was making him miserable.
They did this by making regular changes to their spending, and cutting out the things that weren’t actually making them happy, alongside shedding poor “investments” they had previously accumulated, and sticking to a strategy of simple, long-term index fund investing.
This episode is for anyone who earns an upper-median income, yet feels stuck and unable to get ahead. Joel will show you how to make the tough changes that will ultimately lead to more happiness, more freedom, and a stronger financial position.
Check the full show notes here: https://www.biggerpockets.com/moneyshow11