Scott Rieckens on Slashing Costs by 70% & Gaining More Happiness | Afford Anything Podcast (Audio)
Scott Rieckens and his wife Taylor enjoyed a classic Southern California lifestyle.
They lived near a gorgeous beach in sunny San Diego. They frequently dined at sushi restaurants. They drove a BMW.
But after the birth of their daughter, everything changed. Taylor, an intelligent, career-driven, independent woman, suddenly didn’t want to spend any time away from her new baby girl.
And Scott had no idea what to do. Their luxury lifestyle depended on dual incomes.
At first, he tried to come up with a million-dollar idea. If he could just create a wildly successful business, he thought, he could fix this problem. He started binge-listening to podcasts, trying to figure out how to pull in seven figures, fast.
Then he discovered the financial independence movement. And suddenly everything made a lot more sense.
Scott realized that if they gave up their consumption habits - if they moved to an area with a lower cost-of-living, drove less expensive vehicles, or maybe even lived in an RV for awhile - they could enjoy the life they wanted. They could trade luxury labels for time-freedom.
He crunched a few numbers and realized that they could reduce their spending by 70 percent. But it would require HUGE changes, including an out-of-state move.
He wondered how to suggest this idea to his wife.
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What did Scott say? How did Taylor come on-board?
And (spoiler alert!) … how did they get so enthusiastic about financial independence that they decided to create a documentary about their journey into this lifestyle?
Find out in today’s episode.
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Пікірлер: 18
I clearly listen to too many podcasts!!! I recently sold my car, reduced my debt by $11k in one month & I used instacart for the first time today!! I commute to work for approximately $90 monthly (uber or train combination) and that it's... where in the past I was spending $500+ monthly on my car. Crazy thing is I am so HAPPY!
@t.h.nguyen5193
2 жыл бұрын
Congrats! You need to write a blog!
There comes a point when the horse does not want water I understand your enthusiasm People have told me YOU ARE TO YOUNG TO RETIRE Talk less et live your life It will become self-evident to these people Two years ago I simply stopped talking It makes a huge difference
Wonderful interview! I am glad you beep the cussing.
he's such a great speaker
It would great to hear his perspective now that the movie is completed. That would be a great follow up interview.
best podcast
The Elon conversation has matured interestingly.
Personal mission statement love that thanks for this episode👍🏻
Very transformative
@1:04:30 Why not both instead of solving linearly if you earn 60K annually? Focus on saving and increasing income at the same time. I like the course take away #2 list, the happiness list.
You must first accurately define your values and ensure they are 100% genuine. If you can't clearly trace how your daily behavior directly supports each value-your list is not accurate. Sustainable change happens at the intersection of the analytical mind and emotional self. A mission statement is essential as it is your life's compass.
Great episode Paula!
Amazing!
Enjoyed listening however, the things mentioned in the episode that would be added in notes are not here sadly.
You can listen to podcasts on the free Pandora account
Love the part you start comparing Elon Musk to those who've achieved FIRE. This podcast has aged well
the movie was a tremendous let down