1645: You Probably Have No Idea What You Want by Kevin of Financial Panther on Being Financially Flexible

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Investing, Business, Education, Self-improvement

4.4 • 1.3K Ratings

🗓️ 10 September 2021

⏱️ 11 minutes

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Summary

Kevin of Financial Panther talks about financial flexibility Episode 1645: You Probably Have No Idea What You Want by Kevin of Financial Panther on Being Financially Flexible Kevin is an attorney, writer, gig economy expert, side hustler, and the blogger behind Financial Panther. He paid off $87,000 worth of student loans in just 2.5 years by choosing not to live like a big shot lawyer. He started Financial Panther to share all he knows about personal finance, travel hacking, and making more money by side hustling. The original post is located here: https://financialpanther.com/you-probably-have-no-idea-what-you-want/ Visit Me Online at OLDPodcast.com Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This is Optimal Finance Daily, episode 1645. You probably have no idea what you want.
0:07.0	By Kevin of financialpanther.com. And I'm your host and personal finance enthusiast,
0:13.1	Diana Mariam. This is the show where I narrate posts from your favorite personal finance bloggers
0:18.8	with their permission, of course. It's as if these authors all wrote these amazing songs,
0:24.2	and I get to perform the covers. For now, let's get right to it and continue optimizing your life.
0:34.5	You probably have no idea what you want. By Kevin of financialpanther.com.
0:41.6	A little over a year ago, my wife and I went to an open house for a fancy big house.
0:47.6	It was in a good neighborhood close to my wife's family and ideally situated for both of our
0:53.1	commutes. The house was amazing, fully renovated, a large lot, gorgeous finishes, great curb appeal.
1:01.0	It even had a mother-in-law living area that could be separated from the rest of the house and
1:05.7	probably used as the occasional Airbnb space. The house had a list price of a million dollars,
1:12.8	which is a crazy amount of money. It was so far beyond what we ever thought we would spend on a
1:18.8	house that you might as well have said it was a billion dollars. It'd be like asking me if I wanted
1:24.3	to buy a hundred thousand dollar Porsche or something. Of course, we weren't actually thinking about
1:30.4	buying such an expensive house. We just wanted to see what a house like that looked like.
1:36.0	At the time, a big house wasn't something I thought I ever wanted. I had spent all of my 20s and
1:42.7	30s living in small one-bedroom apartments and then in a relatively small single-family home.
1:49.5	The way I saw it, my life would probably keep looking the same with the same wants and needs
1:54.7	in my mid-30s as when I was in my 20s. Fast forward to the present and my wife and I are closing
2:01.2	on a new house in the million dollar price range. We're in a very different place now compared to
2:07.3	where we used to be. We have a kid. My wife owns her own practice. I've developed a lifestyle
2:13.1	business that's allowing me to earn what I made at my last job while also giving me a very flexible
	...

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