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Retiring at 33 - The Simple Approach to Wealth with Myra Oliver - Episode 130
In Episode #30 of "Straight Up. No Bullshit," Markus Loving & Don Handston talk with Myra Oliver, a successful real estate broker, investor and entrepreneur who retired at the age of 33. Myra is the author of the bestselling book "Down Home Money: A Simple Approach to Financial Freedom" and she's here to share her strategies for breaking free from debt and consumerism to live life on your own terms.
Myra's journey began as a hairstylist in Texas, where she bought her first house at age 20. She then started investing in real estate, purchasing 10 rental properties by the time she was 33 years old. These properties were generating $5,000 per month, allowing Myra's husband to quit his job as a police officer. Myra then sold her hair salon to pursue financial freedom fully.
Throughout the interview, Myra emphasizes that it's not how much money you make, but what you do with it that matters. She shares how she was able to achieve retirement in her 30s through strategic saving, investing in assets like real estate and the stock market, and avoiding the trappings of consumerism. Myra stresses the importance of creating a budget, tracking every penny spent, and cutting unnecessary expenses in order to free up money for investing.
This episode is a must-listen for anyone struggling to achieve financial freedom. Myra's simple yet powerful strategies can help listeners break the cycle of debt and live a life of independence. Whether you're just starting your financial journey or looking to take it to the next level, Myra's insights and experience will inspire you to take control of your money and your future.
To learn more about Myra Oliver and her approach to financial freedom, check out her book "Down Home Money" available on Amazon and Audible. You can also connect with Myra on her YouTube channel and social media platforms under the handle "Down Home Money." Her weekly videos and personalized coaching are a valuable resource for anyone seeking to improve their financial well-being.
Myra Oliver Shares her Simple Approach to Achieving Financial Freedom at
https://www.youtube.com/@DownHomeMoney
https://www.downhomemoney.com/
You can watch our podcast on YouTube and Rumble. You can listen to our podcast on all major podcast platforms, such as Apple Podcast, Spotify, Pandora, Amazon Music, Podbean, and more. Our audience can find links to all our available platforms on our website, straightupnobullshit.com.
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Takeaways
- Financial freedom is achievable through strategic planning and smart investments.
- It's crucial to budget and track expenses to understand financial health.
- Consumerism can lead to financial struggles; prioritize needs over wants.
- Investing early and consistently can lead to significant wealth through compounding.
- Finding your 'big why' can motivate you to achieve financial goals.
- Discipline and consistent habits are key to financial success.
- Home ownership is an important step towards building wealth.
- Simplicity in financial planning can lead to better decision-making.
- Debt management is essential for financial freedom.
- Teaching financial literacy to younger generations is vital for future success.
CHAPTERS
00:00 Introduction to Financial Freedom
03:04 Myra's Journey: From Hairstylist to Real Estate Success
05:53 The Importance of Mindset and Education
08:59 Consumerism and Its Impact on Financial Health
12:06 Budgeting: The First Step to Financial Freedom
15:03 Investing: The Power of Compounding
18:02 Finding Your Big Why
20:58 The Role of Discipline in Achieving Goals
23:56 Simplicity in Financial Planning
26:53 Overcoming Debt and Financial Challenges
30:05 The Value of Home Ownership
33:05 The Reality of Wealth and Consumerism
36:01 Practical Steps to Financial Freedom
39:00 Conclusion and Resources
#FinancialFreedom #Budgeting #Investing #Consumerism #Mindset #RealEstate #Wealth #Discipline #Simplicity #HomeOwnership #Truth #CostOfLiving #CriticalThinking #PersonalGrowth #Self-Discovery #Intention #NotGivingUp, #ThinkingDifferently, #Self-Validation #LivingAuthentically #Betterment #Podcasts #LiveLifeOnYourTerms #StraightUpNoBullshit #LetsGetReal #StraightUpNoBS
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