Watch this episode and subscribe on YouTube

Jesse, a former financial consultant traded his American lifestyle for a more fulfilling life in Ensenada, Mexico.

Jesse shares his remarkable journey of leaving his U.S. career to start a massage business abroad and find financial independence in a low-cost living area.

🎯 Episode Highlights:

0:00 - Starting a New Chapter: Jesse's inspiring transition from the U.S. to Mexico, leaving behind a stable consulting career.

0:31 - Making the Retirement Decision: How he balanced retirement options after receiving a windfall.

2:27 - Selecting the Perfect Location: Why Ensenada became the ideal location for his new business.

4:18 - Transitioning to His Own Business: From couch surfing to building a successful massage studio.

6:41 - Cultural Influences in Entrepreneurship: Navigating the cultural differences in business.

10:21 - Impact of Americans in Mexico: Understanding gentrification and respecting local culture.

16:05 - Tips for Entrepreneurs Abroad: Jesse's valuable advice for starting a business outside the U.S.

19:40 - Benefits of Low-Cost Living: Exploring the financial advantages of living in Ensenada versus San Diego.

23:28 - Personal Financial Independence Journey: Jesse's path to financial independence before and after receiving a windfall.

34:17 - Financial Independence Path: How strategic financial planning led to his success.

38:41 - Potential Changes with Windfall: What he would have done differently if he had known about the windfall earlier.

42:21 - Seeking Happiness Beyond Wealth: Finding joy through community, purpose, and meaningful connections.

📝 Key Takeaways:

The challenges and rewards of starting a business in Mexico.

The financial and personal benefits of living in a low-cost area.

How a windfall can alter your retirement path, and the importance of staying true to one's values.

Intentional savings accounts and their role in fostering happiness and fulfillment.

Jesse's Links:

📧 Email: [jesse@ensenada-massage.com]

🌐 Business Website: [ensenada-massage.com/blog]

Connect with Us:

Follow the Forget About Money podcast for more stories like Jesse's.

Share your thoughts on this episode in the comments below, and don't forget to like and subscribe!

#ForgetAboutMoney #StartingABusinessInMexico #FinancialIndependenceJourney #LowCostLiving #WindfallRetirement #EntrepreneurshipAbroad #AmericanExpatsInMexico

Watch this episode and subscribe on YouTube

🌟 Join Holly Morphew in this transformative video as she unveils the power of Spend Planning to not only manage your finances but to achieve long-term financial freedom and wealth building.

Enjoy Holly's expert insights on transitioning from traditional budgeting to the more dynamic Spend Planning approach and learn how to leverage it for your financial success.

📊 In this detailed guide, Holly will cover everything from the basics of Spend Planning to mastering cash flow management and overcoming common challenges. Whether you're a beginner looking to understand the fundamentals or an experienced planner aiming for financial independence, this video has something for everyone.

🔗 Chapters:

0:00 - Introduction

1:41 - Spend Planning vs. Budgeting

5:46 - Real-Life Transformations

11:18 - Initiating Your Spend Plan

26:15 - Practical Steps for Planning

33:58 - Mastering Cash Flow

38:18 - Overcoming Spend Plan Challenges

40:48 - Five Key Steps Recap

43:18 - Cash Flow Strategies for Early Retirement

43:44 - Final Thoughts on Spend Planning

🛠️ 5 Steps of Spend Planning:

1. Financial Awareness: Start by creating a net worth statement to get a clear overview of your financial health.

2. Track Spending Using an App: Holly recommends using the Tiller App [https://www.tillerhq.com/?via=holly] to keep an accurate record of your finances.

3. Refine Your Net Worth Statement: Continuously update your financial statement as you track your expenses over the next 3-6 months.

4. Calculate Your Impact Number: Identify the surplus money that can be used to reduce debt or invest in assets.

5. Invest in the Highest and Best Use of Your Dollars: Strategically use your impact number to maximize your financial growth.

🔗 Connect with Holly Morphew:

Holly's Book: [https://a.co/d/aI2hcZF]

Holly's Freebies: [https://financialimpact.com/freebies/]

Facebook: [https://www.facebook.com/HollyMorph]

Instagram: [https://www.instagram.com/hollymorph/]

LinkedIn: [https://www.linkedin.com/in/hollymorph/]

Twitter: [https://twitter.com/HollyMorph]

Holly's Facebook Group: [https://www.facebook.com/FinancialImpactSystem]

💡 Whether you're planning for retirement, looking to become debt-free, or aiming to enhance your wealth, Spend Planning can be your pathway to success. Don't forget to subscribe for more financial insights and strategies from Holly Morphew!

#SpendPlanning #FinancialFreedom #HollyMorphew #DebtFreeJourney #WealthBuilding #FinancialCoaching #MoneyManagement #Investing #RetirementPlanning #FinancialIndependence

👍 Like, Comment, and Share if you found this video helpful, and don't forget to subscribe for more valuable financial tips and strategies!

Watch this episode and Subscribe on YouTube

🌟 In this episode we chat with Rick Ferri, a renowned passive investing expert and ex-Marine Corps fighter pilot. In this dynamic interview, Rick shares key strategies for building wealth through smart asset allocation. Don't miss the insights!

📚 Chapters:

0:00 - Introduction with Rick Ferri

2:06 - Fighter Pilot to Finance Transition

4:45 - Embracing the Boglehead Investment Philosophy

7:01 - Influence and Insights from Jack Bogle

14:55 - Authoring Key Investment Guides

16:17 - Mastering Asset Allocation

30:24 - Effective Risk Management Strategies

38:47 - The Role of Real Estate in Diversification

50:37 - Investment Planning for Young Adults

1:04:54 - Foundations of Financial Independence

Understanding Asset Allocation:

Join Rick Ferri as he unfolds the essentials of asset allocation to optimize your investment returns over the long haul. Learn from his journey from fighter pilot to financial guru, embracing the wisdom of Jack Bogle along the way.

Key Takeaways:

Rick highlights the significance of precise asset allocation and offers expert advice on diversification and tax efficiency. He details practical strategies for using indexed retirement funds to simplify and strengthen your financial planning.

Watch and Learn:

🔗 The John C. Bogle Center For Financial Literacy Website

🔗 Rick Ferri’s Insightful Podcast Interview with Jack Bogle

🔗 A Few Good Funds, The Genius of Simple Investing

Essential Reads by Rick Ferri:

All About Asset Allocation

The Power of Passive Investing

✨ Whether you're just starting out or seeking to refine your investment strategy, this interview with Rick Ferri is packed with actionable advice to guide you to financial success. Tune in and transform your approach to investing!

#RickFerri #AssetAllocation #InvestmentTips #FinancialIndependence #PassiveInvesting #Bogleheads #RetirementGoals #RiskManagement #RealEstateInvesting #FinancialEducation