132: Financial Independence Without a College Degree with Marquez Griffin

BiggerPockets Money Podcast

BiggerPockets

Investing, Education, Business

4.6 • 2.9K Ratings

🗓️ 6 July 2020

⏱️ 55 minutes

🔗️ Recording | iTunes | RSS

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Summary

Marquez Griffin graduated from high school but did not feel that college was his path. His uncle worked in a sheet metal shop, and was able to get him a job there. He quickly learned that taking a bit of action with regards to his sheet metal training would catapult him higher in his earnings, so he enrolled in trade school and alternated between work and school to learn the trade faster. His earnings rose as he completed coursework, but Marquez found himself unexcited about his path and started looking for more. Moving in with a friend and his dad turned out to be a real-life Rich Dad event, with his friend’s father introducing him to the concept of saving and investing. Marquez started listening to audio books and podcasts while working in the shop, looking for information about a better life. This self education led him to Scott’s book Set for Life, and then to BiggerPockets where he discovered that House Hacking, real estate investing and that he could marry real estate with a career and go from salaried trade work to commission based agent work where the sky was the limit with regards to earnings. He further discovered the job of Signing Agent and has now incorporated that into his work schedule as well. (For more information about Signing Agents, check out our episode 74 at www.biggerpockets.com/moneyshow74.) Marquez knew college was not his path, so he followed the path he was meant for and is reaching for Financial Independence on his terms. In This Episode We Cover: Marquez's journey with money His experience working in a sheet metal shop Practical approach on making more money while in school Things that influence him to financial freedom His approach on building emergency funds and investments Talking about house hacking and his everyday expenses How he became a Notary Signing Agent Marquez's portfolio On index fund investing And SO much more! Links from the Show BiggerPockets Money Facebook Group BiggerPockets Money Podcast 44 with Tinian Crawford BiggerPockets Money Podcast 74 with Mark Wills Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Welcome to the Bigger Pockets Money Podcast show number 132, where we interview
0:04.7	Marquez Griffin and hear his story of his journey to financial independence.
0:09.6	I save first, right? And I aim for 25% savings right off the bat. And part of that
0:15.8	25% also goes to investing. So I'd say like cash is like 12% is how much I save
0:21.8	for myself for you know if there was any emergency expenses that come up or anything.
0:27.0	Hello, hello, hello, my name is Mindy Jensen and with me as always is my medal co-host got trenchrench. Well thank you for always helping me illuminate
0:36.6	the path to financial freedom each and every week Mindy. It is my pleasure. Scott and I are here to make financial independence less scary, less just for somebody else,
0:47.0	and show you that by following the proven steps, you can put yourself on the road to early financial freedom and get money out of the way so you
0:53.9	can lead your best life. That's right whether you want to retire early and
0:57.4	travel the world go on to make big-time investments in assets like real estate start
1:01.3	your own business or even if you're just getting started
1:03.7	on the aggressive all-out approach to financial independence like Marquez today will help you build
1:08.5	a position capable of launching yourself towards those dreams. Scott, I am super excited to bring Marquez on the show today.
1:17.0	Not only does he represent the trades, people who have foregone college and gone directly into the building and trades, but he also is a shining example, an illumination, if you will, of what you can do.
1:32.0	Illuminate? Aluminate? you will of what you can do.
1:33.0	Illuminate?
1:34.0	All right, sorry.
1:35.0	Two, going doubling down on my pun earlier.
1:38.0	Yeah. Oh my goodness, all day every day.
1:44.1	If you're listening to this, this is Scott, all day every day.
1:46.3	He doesn't just bring it for the show.
1:48.0	He brings it in every other aspect of his life too.
	...

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