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Ep. 153 - He Gave Away (over) $1 Million Before the Age 40 - Giving Away 44% of His Income This Year
Manage episode 326595060 series 3019348
Many people are familiar with the ‘FIRE’ movement. Fire stands for:
Financially
Independent
Retire
Early
If you are a FIRE advocate, you are saving large amount of your income - 30, 40 or 50% (or greater). People on the outside can’t understand how you can save so much.
If you have a hard time understanding how someone could save 50% of their income, imagine someone giving half of their income away!
I’m doing to introduce you to Bob Lotich who is giving away 44% of his income. He has given away over a million dollars by the time he turned 40.
04:03 One Year Sabbatical
06:15 The ‘Aha’ moments
10:15 How did it feel when you started giving?
19:04 At what point was 10% not enough for a tithe
22:45 What is your take on true financial freedom
25:18 How hard was it to increase the % you were giving each and every year?
27:08 How do you make your contributions automatic?
30:01 What is an example of a situation or a person that you are able to plant the seed of giving?
33:06 How do you encourage someone to start giving, even if they do not feel able?
34:50 What message do you hope readers will get out of your new book Simple Money Rich Life?
Resources:
https://wealthhackerlabs.com/ask/
Check out my YouTube channel here.
318 afleveringen
Ep. 153 - He Gave Away (over) $1 Million Before the Age 40 - Giving Away 44% of His Income This Year
Manage episode 326595060 series 3019348
Many people are familiar with the ‘FIRE’ movement. Fire stands for:
Financially
Independent
Retire
Early
If you are a FIRE advocate, you are saving large amount of your income - 30, 40 or 50% (or greater). People on the outside can’t understand how you can save so much.
If you have a hard time understanding how someone could save 50% of their income, imagine someone giving half of their income away!
I’m doing to introduce you to Bob Lotich who is giving away 44% of his income. He has given away over a million dollars by the time he turned 40.
04:03 One Year Sabbatical
06:15 The ‘Aha’ moments
10:15 How did it feel when you started giving?
19:04 At what point was 10% not enough for a tithe
22:45 What is your take on true financial freedom
25:18 How hard was it to increase the % you were giving each and every year?
27:08 How do you make your contributions automatic?
30:01 What is an example of a situation or a person that you are able to plant the seed of giving?
33:06 How do you encourage someone to start giving, even if they do not feel able?
34:50 What message do you hope readers will get out of your new book Simple Money Rich Life?
Resources:
https://wealthhackerlabs.com/ask/
Check out my YouTube channel here.
318 afleveringen
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