469: David Greene’s 3 Steps to Building Wealth EVEN in a Bad Economy

BiggerPockets Money Podcast

BiggerPockets

Investing, Education, Business

4.6 • 2.9K Ratings

🗓️ 15 November 2023

⏱️ 37 minutes

🔗️ Recording | iTunes | RSS

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Summary

Building wealth is about to become more challenging than ever before. High interest rates make many rental properties cash-flow-less, the economy could enter a recession, and many investors could lose their shirts. In times of extreme economic uncertainty, only the financially fit will be able to keep, protect, and build wealth. So, in today’s episode, we’re giving you the steps you need to not only survive but thrive in ANY economy. Who are these steps coming from? David Greene, the waiter turned multi-million dollar property investor who is not only the industry’s leader in real estate investing but one of the most financially savvy people on the planet. When the gurus go left, David goes right, which is how he’s been able to hold on to his wealth EVEN during economic turbulence. Today, David will go over the Pillars of Wealth (also the name of his new book) that you must start building NOW if you want your wealth to last. David even gives some rare commentary on the MOST critical thing you can do to reach financial freedom faster and make more money (hint: it’s not investing in real estate). In This Episode We Cover The three unignorable pillars of wealth that will make you rich BIG shifts in the economy and what happens when this game of “musical chairs” comes to an end When to NOT invest in real estate and whether or not 2024 is FAR riskier than before The EASIEST way to boost your bank account WITHOUT making more money What to do TODAY to ensure you keep your job, get raises, and grow your income And So Much More! Links from the Show BiggerPockets Money Facebook Group BiggerPockets Forums Finance Review Guest Onboarding Join BiggerPockets for FREE Scott's Instagram Mindy on BiggerPockets Grab Scott’s Book, “Set for Life” Listen to All Your Favorite BiggerPockets Podcasts in One Place Apply to Be a Guest on The Money Show Podcast Talent Search! Money Moment Pick Up “Pillars of Wealth” and Other Best-Selling David Greene Books Hear David on The “BiggerPockets Real Estate” Podcast BiggerPockets Forums How to Become an “Overnight” Success in 10 Short Years with David Greene Bootcamps Click here to check the full show notes: https://www.biggerpockets.com/blog/money-469 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email us: [email protected] Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Hello my dear listeners and welcome to the BiggerPockets Money Podcast where we talked to David Green today about his new book
0:08.1	Pillars of Well. Hello hello hello my name is Mindy Jensen and with me as always is my pillar of financial knowledge co-host
0:15.1	Scott Trunch. Well with me as always is my arch ally in personal finance, Mindy Jensen.
0:20.4	Scott and I are here to make financial independence less scary, less just for somebody else.
0:25.0	To introduce you to every money story, because we truly believe financial freedom is attainable for everyone,
0:30.0	no matter when or where you're starting.
0:32.0	That's right, whether you want to retire early and travel the world, go on to make big time investments
0:35.8	and assets like real estate, start your own business or go back to the fundamentals.
0:39.4	We'll help you reach your financial goals and get money out of the way so you can launch yourself towards your dreams.
0:43.7	Scott, I am super stoked to talk to David today, but first, let's have our money moment.
0:49.7	Today's money moment is provided by Enago. Start saving time and money with Inago's free property management software.
0:56.1	Find out why Inago is the number one rated Property Management
0:59.4	Software.
1:00.1	As an exclusive offer to Bigger Pocket's listeners, you'll get $25 for using Enago at Inago.com
1:06.6	slash bigger pockets. That's I N-N-A-G-O.com slash bigger pockets.
1:12.3	Today's money moment is, if you're like a lot of us
1:15.1	who do most of our shopping online,
1:16.7	you can be leaving major savings on the table
1:19.1	if you don't have browser extensions for shopping.
1:22.0	Plugins like Capital One Shopping, Rakuten and Honey
1:25.4	have features that can track the items on your wish list
1:28.1	and determine when the item is cheapest to buy.
	...

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