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Real Estate Investing with Coach Carson

#469: You Don't Need $10M to Be Financially Free (Here's Why)

Real Estate Investing with Coach Carson

Chad Carson

Business, Investing

4.9613 Ratings

🗓️ 5 January 2026

⏱️ 44 minutes

🧾️ Download transcript

Summary

⭐ Get my coaching & community to achieve financial freedom → https://www.coachcarson.com/rpm-pod-469

 ⚒️Get my best investor tools for FREE → https://www.coachcarson.com/toolkit-pod-ep469

▶️ Next Episode: How to Become Financially Free with 5 Small & Simple Rentals

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EPISODE NOTES:

🎬 Timestamps:

  • (00:00) - Financial Freedom Myths
  • (02:36) - Overcoming Financial Challenges
  • (06:48) - Balancing Wealth and Life Quality
  • (15:53) - Practical Tips for Achieving FI
  • (21:18) - The Happiness Experiment
  • (24:18) - Calculating Your Freedom Number
  • (29:56) - The Best Real Estate Strategies
  • (37:58) - Final Advice for Your Financial Journey
  • (41:21) - How to Become Financially Free with 5 Small & Simple Rentals

🎙️ Episode #469 – You don't need $10M to be financially free. The FI Couple explain how clarity, values, and smart real estate choices can drastically lower your freedom number, and allow you to buy back time and flexibility without chasing a massive portfolio.

🔗 Connect with Ali & Josh:

📄 Show Notes: https://www.coachcarson.com/financiallyfree

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ADDITIONAL RESOURCES I LIKE:

💵 Need Investor-Friendly Financing? This is who I trust → https://www.coachcarson.com/bryan

 

🏠 TurboTenant – Streamline Your Property Management for Free: https://www.coachcarson.com/turbotenant

 

📱 DealMachine – Software to help you buy more real estate deals:  https://www.coachcarson.com/dealmachine-YT

Transcript

Click on a timestamp to play from that location

0:00.0

Most people think financial freedom requires $10 million or more.

0:03.3

My guest today strongly disagree.

0:05.5

They argue you need far less.

0:07.5

And they're living proof that a simpler middle class lifestyle can deliver real freedom.

0:11.8

Let's get started.

0:17.0

If we haven't met yet, my name is Chad Carson.

0:23.0

You can also call me Coach Carson.

0:24.3

And on this channel, I teach you how to use real estate investing to achieve financial freedom.

0:27.6

So you can spend your time doing more of what matters.

0:30.2

So today I'm joined by Allie and Josh.

0:32.2

They're known as a five couple.

0:33.6

They're real estate investors.

0:34.6

They're longtime friends of mine.

0:35.8

And they're also online educators who believe that there's a lot of hype out there about how much you actually need to achieve financial freedom. And many times people say it's a lot more than you actually need. So I actually want to start there, guys, is where did this actually come from that you need $10 million to achieve financial freedom? And why do you think that might be misleading or maybe even wrong for a lot of people?

0:57.0

You know, admittedly, kind of where it stems from, I can't fully say.

1:01.8

But I can tell you that, you know, when we began our journey now almost nine years ago

1:07.5

towards financial freedom, a lot of times things like the 4% rule with index funds is what we were hearing about.

1:16.1

And the numbers that we were seeing online felt really astronomical.

1:20.8

Sometimes it would be $3 million, $5 million, etc.

1:23.8

To live like what people described as a really comfortable life.

1:27.2

And at first, that kind of left us feeling kind of hopeless, admittedly. et cetera, to live like what people described as a really comfortable life.

1:32.3

And at first, that kind of left us feeling kind of hopeless, admittedly, because we were broke social workers, barely making, you know, $35,000 a year in our career.

...

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