21 min listen
This Middle Class Couple Went from Living On 44 Cents a Day to Becoming Millionaires
This Middle Class Couple Went from Living On 44 Cents a Day to Becoming Millionaires
ratings:
Length:
52 minutes
Released:
Nov 11, 2019
Format:
Podcast episode
Description
When it comes to becoming a millionaire, most of us think it’s possible only under a few circumstances: You own a really big business or create a super successful product You win the lottery You have a very, very rich family But Bryce Leung and Kristy Shen didn’t fall into any of those categories. Kristy had moved to the middle class from poverty. Bryce was a middle-class engineer who was trying to move up the ranks of what he thought was the American dream. Both Kristy and Bryce were just a middle-class couple who had enough of the rat race...and they became millionaires and retired. Did we mention that they were only in their 30’s? WHAT YOU WILL LEARN How did this couple come up with the idea that they could become millionaires? Christy’s journey from living on 44 cents per day in China to a millionaire The reason Christy decided she had to get out of the rat race and make money a new way The resources Kristy and Bryce used to get started on their journey to a million dollars Why retirement isn’t about age The easy 4% rule that Christy and Bryce suggest to calculate your retirement number Why Bryce chose to invest in index funds as one of his million-dollar strategies Why Bryce and Kristy decided NOT to buy a house as an investment (when everyone else they knew was) How Kristy’s early experiences in poverty were a strength...and liability to a wealth mindset Why the survival mindset helps you survive in the short term but hurts your money in the long term How Kristy and Bryce joined the strengths of their backgrounds to become a wealthy couple Why you must rely on yourself to get your financial freedom How to deal with a saver that starts getting rich The importance of creating your own financial freedom your way Why you can start your path to a million-dollar future today Wealth-hacking habits that will save money without hurting the quality of your life Wealth-hacking habits to make money while you’re traveling Why financial peace of mind is good for your health and society Why Kristy and Bryce are passionate about creating more wealth builders RESOURCES MENTIONED Quit Like a Millionaire: No Gimmicks, Luck, or Trust Fund Required Millennial Revolution (Bryce and Kristy’s blog) Mr. Money Mustache blog Jlcollins Blog
Released:
Nov 11, 2019
Format:
Podcast episode
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