It is no secret that real estate agents spend a lot of time in their cars and to utilize my time (and mind) better, I often listen to podcasts. As I mentioned here, my favorite topic is wealth and coincidentally my favorite podcasts are about wealth. Here is a list of some of my favorite podcasts so you can share in the wealth too!
BiggerPockets. This podcast is one of the best! It is primarily about real estate investing and each week they chat with a new real estate investor regarding how they are building their business. It is interesting take on how different businesses can while still successfully creating wealth. Even though I am in the industry, I always take away something new from this podcast.
ChooseFI. As the book, The Millionaire Next Door reminded me, wealth is a game of both offense and defense. This podcast details how the game of wealth can be played both offensively (increasing your income) and defensively (keeping household bills low) with the hopes of achieving FI. FI, short for Financial Independence is part of a bugger movement know as FIRE (Financial independence, Retire Early), the goal of this group is to retire early and not have to be dependent on an income (or corporate job). The episodes vary in topic but one is typically a guest interview while the second one of the week is the hosts, Jonathan and Brad, discussing the latest interview and taking questions from the community.
Afford Anything. Host, Paula Pant, built her wealth by leaving her corporate job and becoming a freelance writer. Her life changed when she was able to build a real estate portfolio. Starting with a tri-plex where she rented out the two extra units and lived in the third. From there, she was able to buy several more and now lives primarily on her passive income and writing and speaking gigs. A new podcast comes out once a week and every other week there is a guest that chats about different topics (real estate, entrepreneurship, building wealth, retiring early, etc). The other weeks open up the podcast to listeners to ask questions (half of the questions are general finance questions and the other half are real estate related) and Paula will give her opinion and advice.
BiggerPockets Money. The newest member to the BiggerPockets community, this podcast gives you tips and tricks on how to get your finances in order and features guests that have done the same. Topics range from real estate, cutting bills, getting out of debt, achieving financial freedom and more. One of my recent favorites was episode 60, ‘Rejecting a Scarcity Mindset and Going All-In on Apartment Investing with Gino Barbaro’, because sometimes you need a reminder to play BIG.
FireDrill. The hosts, J and Gwen are both twenty-somethings that have jumped on the FIRE bandwagon early in life. Although, the emphasis of this show is FI, these ladies have built a majority of their wealth through side hustles. They have built passive income from rental properties, Etsy shops and blogging (Gwen is the author of Fiery Millennial and J authors Millennial Boss). It is no secret that the millennials continue to shake up the current environment and this podcast sheds some light as to what millennials think and value.
Sure, I may have become slightly obsessed with the topic of building wealth but can you ever know TOO much on the topic? The above podcasts provide information, a sense of community and motivation to stay on track with your financial and wealth-building goals. In the end, building wealth takes perseverance, patience, education, risk and the ability to delay gratification. Be sure to take a listen to one (or all) of these and let me know what you think!
Liz is broker and owner of Liz Daigle Realty.
