Make enough money to quit your job!
Ken McElroy Show
Ken McElroy
4.8 • 692 Ratings
🗓️ 14 November 2023
⏱️ 51 minutes
🧾️ Download transcript
Summary
Take advantage of our Black Friday Sale: https://kenmcelroy.com/blackfriday2023/
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Visit Ken's Bookstore: https://kenmcelroy.com/books
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ABOUT KEN: Ken is the author of the bestselling books The ABC’s of Real Estate Investing, The Advanced Guide to Real Estate Investing, and The ABC’s of Property Management. With over two decades of experience in real estate investing, Ken McElroy is passionate about sharing the good life by helping real estate investors grow and prosper. This podcast is a place for Ken to discuss numerous topics connected to real estate investing, including finance, budgeting, the entrepreneur mindset, and creating passive income. Ken offers a wealth of personal experiences, practical advice, success stories, and even some informative setbacks, all presented here to educate and inspire. Whether you’re a new or seasoned investor, the information and resources on this channel will set you on a path where you and your investments can thrive.
Ken's company: https://mccompanies.com
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DISCLAIMERS: Any information or advice available on this podcast is intended for educational and general guidance only. Ken McElroy and KenMcElroy.com, LLC shall not be liable for any direct, incidental, consequential, indirect, or punitive damages arising out of access to or use of any of the content available on this podcast. Consult a financial advisor or other wealth management professional before you make investments of any kind.
Although Ken McElroy and his affiliates take all reasonable care to ensure that the contents of this podcast are accurate and up-to-date, all information contained on it is provided ‘as is.’ Ken McElroy makes no warranties or representations of any kind concerning the accuracy or suitability of the information contained on this podcast. Any links to other websites are provided only as a convenience and KenMcElroy.com, LLC encourages you to read the privacy statements of any third-party websites. All comments will be reviewed by the KenMcElroy.com staff and may be deleted if deemed inappropriate.
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Transcript
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| 0:00.0 | Welcome to the Real Estate Strategies podcast, where we host in-depth conversations on everything real estate with the industry's biggest movers and shakers. |
| 0:11.2 | I'm your host, Ken McElroy, joined by my co-host, Daniel. |
| 0:15.2 | Let's get right into this episode. Hello and welcome to the Ken McElroy Show. I'm your host, Danielle, here with Ken. What's going on, everybody? So we had a little bit of a |
| 0:54.2 | whirlwind of a few weeks. I would say so. Been over in Europe. We were in London, Paris, |
| 1:01.1 | Switzerland, Othairn, Milan. I forgot about Italy. In Germany. Well, it was fun. It was a really fun |
| 1:07.1 | trip. I don't know if any of you have been to Europe, but we had a good time. It was cold. |
| 1:11.5 | It's good to go there and see the different inflation rates, the different central banks, |
| 1:16.3 | the way their currency is, what's going on with unemployment, house prices. Every country, every city is a little bit different. |
| 1:24.5 | Yeah, yeah, they have that big green energy initiative for sure there. |
| 1:28.1 | So, you know, the heat and the hotels wasn't, you couldn't set it to a temperature. |
| 1:33.6 | It was basically just lower, medium, or high. |
| 1:36.4 | You set it to high, and it really wasn't that high. |
| 1:39.3 | Well, what was interesting is that we had people in, was it the UK that said they don't even turn their heat on? |
| 1:44.3 | Yeah, I was talking to our flight attendants, and they said that they don't really turn their heat on. |
| 1:48.5 | They live in the UK and London because it's so expensive. |
| 1:51.8 | Now, I know that might rattle some of you guys, but like, this is London. |
| 1:57.2 | Yeah. |
| 1:57.7 | And these are flight attendants that do international flights. |
| 2:00.7 | They make decent money. |
| 2:01.6 | Energy is a big deal. And I know I've talked about oil a bit and energy prices, but you know, different parts of the world, two different things. And it's very interesting. |
| 2:13.3 | Well, and I think it shows you, too, how much people are getting squeezed, right? Because they weren't saying it like we don't need the heat. They're saying that it's so expensive. We just don't turn it on very often. |
| 2:24.1 | And I think that's why I think this topic today is so good, you know, make enough money to quit your job. What is that number? And people are starting to cut back. |
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