4.6 • 2.9K Ratings
🗓️ 23 June 2023
⏱️ 54 minutes
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0:00.0 | Welcome to the Bigger Pog as Money Podcast, Finance Friday edition, where we interview Amanda and talk about |
0:06.0 | lead fire, portfolio optimization and live transitions. |
0:10.4 | Hello, hello, hello, my name is Mindy Jensen and joining me today is the man, the myth, the legend Kyle Mast. |
0:18.0 | Thank you. I don't know that I can live up to any of that, but it's good to be here. |
0:22.0 | Kyle and I are here to make financial dependence less scary, less just for somebody else. |
0:27.0 | To introduce you to every money story because we truly believe financial freedom is attainable for everyone, no matter when or where you're starting. |
0:34.0 | Whether you want to retire early, travel the world, go on to make big time investments like real estate, start your own business, transition out of a job you don't like, |
0:42.0 | we'll help you on your financial journey to get money out of the way so you can launch yourself towards your dreams. |
0:48.0 | I am very excited to talk to you today. I'm very excited to talk to Amanda today because she has a real estate portfolio |
0:56.0 | and we're bigger pockets and we'd like to talk about real estate. But one of her properties in particular, I don't really love and she doesn't really love and I don't think you really love it either. |
1:08.0 | Do you? Probably not. Yeah, it'll be a cool conversation because they're kind of in a life transition point with their jobs or their work life is really intense right now. |
1:19.0 | There's not a lot of family time. They've got some young kids and they've done well with some investments and they're just trying to figure out what the next step is. |
1:27.0 | So yeah, it should be really good. Yeah, I think that a lot of times people will buy a property and then feel married to it so they don't ever go back and reconsider it. |
1:38.0 | So one of the things that we give Amanda today is some homework to go and run the numbers for keeping the property and run the numbers for selling it outright. |
1:47.0 | I am excited to see what happens with her property. But before we talk to Amanda, I have to tell you that the contents of this podcast are informational nature and are not legal or tax advice and neither Kyle nor I nor bigger pockets is engaged in the provision of legal tax or any other advice. |
2:04.0 | You should seek your own advice from professional advisors, including lawyers and accountants regarding the legal tax and financial implications of any financial decision you contemplate and while Kyle is a CFP, he's not your CFP Kyle. |
2:19.0 | That is correct. I'm a CFP. I have done this professionally in the past, but I am not your CFP and just trying to help and give some ideas here today. |
2:29.0 | Yes, he does not have enough information about your specific situation or about the specific situation of Amanda to give actual CFP level advice. |
2:39.0 | This is more of, this is what I would do if I had these same set of circumstances and goals. |
2:45.0 | So without further ado, let's move on to our money moment, Kyle. |
2:49.0 | We have a new segment on the show called the money moment where we share a money hack tip or trick to help you on your financial journey. |
2:55.0 | Today's money moment is, are you having trouble with impulse spending? Call your credit card and debit card companies and have them set a personal daily and monthly limit. |
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