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The BetterLife Podcast: Wealth | Real Estate Investing | Life

#48: Bob & Linda Lotich

The BetterLife Podcast: Wealth | Real Estate Investing | Life

Brandon Turner and Cam Cathcart

House Flipping, Multifamily, Real Estate, Wealth, Investing, Business, Real Estate Investing, Self-development, Entrepreneurship, Rental Properties, Health

4.8767 Ratings

🗓️ 5 February 2024

⏱️ 91 minutes

🧾️ Download transcript

Summary

Bob and Linda Lotich are authors and personal finance teachers whose work has reached 15 million people over 15+ years.

In this episode, they tell the story of rebuilding their own "financial house of cards" in their 20s, how simplicity helps you build wealth, talking about money with your spouse, spenders vs. savers in marriages, and how they became the go-to financial voice for Christians worldwide.

They also talk about:
-
What the Bible really says about money
- Their #1 tip for avoiding "money marriage fights"
- Their approach to debt and why they paid off their mortgage
- How you can feel wealthier without earning any more money
- How "giving til it hurts" actually leads to more abundance
- Compounding your money vs. giving it away throughout your life
- Increasing your income in nontraditional ways
- What they've learned from almost 20 years of making money online


Books Mentioned:
-
Smith Wigglesworth: The Secret of His Power by Albert Hibbert
- The Rest of God: Restoring Your Soul by Restoring Sabbath by Mark Buchanan
- The Knowledge of the Holy by A.W. Tozer
- Die with Zero by Bill Perkins
- Simple Money, Rich Life by Bob Lotich


Bob and Linda's Charitable Cause:
-
Hope International, a Christian non-profit organization that teaches entrepreneurship and micro-lending in poverty-stricken areas


Connect with Bob and Linda
-
Their website, https://seedtime.com/
- Instagram
- Their book: Simple Money, Rich Life

Sponsor: Whitestone Coaching with Peter Awad. Peter's built multiple 7-figure companies and will help you grow your business without sacrificing your freedom and relationships.

Transcript

Click on a timestamp to play from that location

0:00.0

I cried out to God. I'm like, I need help because like, I don't know how I got here.

0:06.1

I don't know how I got into this mess, but if you have a better plan, like, I'd love to hear it.

0:10.1

Like, if you got a better idea, if there's a way you can help me with this, like, I'm ready.

0:13.7

I want to hear it. And that was the moment where I humbled myself and asked for help and began to search. And I laid down the pride of, I think I know everything about money.

0:22.5

I think I got this.

0:23.4

I don't really have help, you know?

0:24.6

Yeah.

0:24.9

And that changed everything.

0:27.5

Welcome to A Better Life with Brandon Turner.

0:30.5

That is me, where world-class guests share their wisdom on building a better life.

0:34.5

Join me as we explore the habits, the actions, and the beliefs that

0:37.6

have guided their journey with the aim of helping you apply those lessons to your own. Bob, Linda, welcome to A Better Life. How you doing?

1:01.1

Thanks for having us, brother. We are glad to be here, my friend.

1:03.7

Dude, I'm so excited. So before we get started, I want to tell a quick story of how I first

1:07.7

met you or learned about you. I want to hear this. You probably remember me telling you that the first time I met you was actually at FinCon in person.

1:13.6

You were the biggest celebrity I had ever met.

1:16.6

I'm not kidding.

1:17.6

It's because several years earlier I had Google, this was like, I mean, forever ago,

1:23.6

but I had Google something about health insurance and some blog post came up from Christian P.F. That was the former name, right? And it was your article about this health.

1:31.2

So I signed up for the health insurance. I got it. I'm assuming it was an affiliate thing. You

1:34.0

probably got a few dollars. You're welcome.

1:35.5

Thank you.

...

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