meta_pixel
Tapesearch Logo
Log in
Action Academy | Millionaire Mentorship For Your Life & Business

How He Saved 95% of His Income and Retired at 25 w/ Cody Berman

Action Academy | Millionaire Mentorship For Your Life & Business

Brian Luebben

Real Estate, Financial Freedom, Biggerpockets, Corporate, Small Business, Careers, Millionaire, Business, Alex Hormozi, Investing, Commercial Real Estate, Passive Income, Entrepreneurship

4.9702 Ratings

🗓️ 13 May 2026

⏱️ 39 minutes

🧾️ Download transcript

Summary

Cody Berman reached financial freedom at 25 while spending just $24K a year. During that same stretch, his income doubled three years in a row from $96K to over $1M. In this episode, Cody breaks down the simple but powerful math behind his journey: 11 rental units producing $3,700/month in cash flow, a digital products business generating $10K/month, and $500K invested in the stock market by his mid-20s. We cover: Why margin matters more than what you invest in Percentage-based spending and...

Transcript

Click on a timestamp to play from that location

0:00.0

All right, all right. We got the man, the myth, the Cody Berman on Action Academy,

0:05.9

round two. Buddy, what is going on, man? How are you doing? A lot is going on. I am doing

0:11.3

incredibly well, very excited for our conversation today, and we can talk about all things,

0:15.6

financial independence, retiring early, and, you know, the things we jive on. Yeah, I'm super

0:20.1

excited. So for anybody that's checking in, tuning in for the first time, Cody and I have been friends for four or five years now. And you're one of my buddies that we made that because you also traveled around the world. Like you were somebody that was young, you were in shape, you cared about health, you cared about wealth, you're traveling. We haven't even gone and traveled together yet, which we should. We should absolutely do that. So it sounds like we're about to do that in Iceland here in October. But man, so tell people like who you are, what you are, what your story is and why we're here today. All right, SparkNotes version. I went into corporate America for seven months, quit, went all in

0:56.1

entrepreneurship, scaled my income like crazy, well-being extremely frugal, created a massive gap

1:01.6

between my income, my expenses, invested said massive gap into the stock market, into real

1:06.7

estate, built a small business. And by the time I was 25, I had 11 rental units that were

1:12.4

bringing in $3,700 a month. My digital products business was bringing in $10,000 a month.

1:17.7

And I had 500K in the stock market. And it was at that point, I was like, I don't really need to

1:22.2

work for money anymore. That was when I reached my financial freedom number.

1:25.8

Yeah. And then now here we are today, 30 years old. You are launching a book today as people are listed into this. The book is live on Amazon, retire by 30 by Cody Berman. So where are we at today? If that was you at 25, what transpired over the last five years to get us to this book today? No, it's funny. A lot of people have asked me this question,

1:44.5

like, what happened when you hit five? Honestly, nothing, because I had this deep ingrained scarcity

1:49.6

mindset and it really didn't set in like what that money had done for me until I was maybe 28 or

1:55.5

29 years old. Like, I didn't fully appreciate it. I just kind of kept earning more money blindly

2:00.5

because I just felt like I needed to.

2:02.3

And there was pressure from society to just make more money, make more money. I was so scared that I wasn't going to have enough, even though all the spreadsheets in the world said, Cody, you're going to be completely fine. You're actually probably going to have too much money when you retire. Like, can you just spend more? but I just could not kick that frugal bug,

2:17.9

that like scarcity mindset

2:19.5

that was just ingrained for me from childhood I mean nobody nobody talks about this stuff

2:24.0

that's why podcasts like ours are so rare nobody talks about financial independence or

2:27.5

building cash flow for freedom it's just it's so foreign to most people myself included so it took

2:33.5

me a long time to unlearn those

...

Transcript will be available on the free plan in 4 days. Upgrade to see the full transcript now.

Disclaimer: The podcast and artwork embedded on this page are from Brian Luebben, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Brian Luebben and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.