Josh grew up with severe money stress and instability but learned grit and work ethic early.
Ali grew up middle class with some money stress but basic fundamentals, showing contrasting money blueprints.

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ADVICE

Align Money Visions as Couple

Communicate openly about money differences and work to align your joint vision.
Use visioning and shared goals as a foundation for collaborative money management in couples.

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ANECDOTE

Layoff Sparked Real Estate Journey

Josh got laid off and drove Uber, which gave them more time to discuss goals and financial freedom.
That period was transformative in shifting their mindset towards real estate investing and financial independence.

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In today’s episode, Patrick Donley chats with The FI Couple, Ali and Josh, about their journey to financial independence. Despite starting with significant debt and job struggles, they turned to real estate investing to change their lives. They paid off over $100,000 in debt, built a $1.3 million real estate portfolio, and left their 9-5 jobs. Now, they manage their rental properties and run The FI Couple platform, helping others achieve financial freedom.

IN THIS EPISODE, YOU’LL LEARN:

00:00 - Intro

02:42 - How Ali and Josh grew up with very different money mental models and the challenges that provided to them.

18:08 - Why their differences proved to be a benefit.

25:31 - How they worked their way out of over $100,000 of debt.

27:07 - How they began to build their real estate portfolio.

44:25 - What their buy box looks like.

52:10 - How their strategies and beliefs have changed over the years.

55:33 - How they’ve been using seller financing to build their portfolio.

62:11 - Why it is important to build social capital and a digital resume.

64:35 - How Ali and Josh became The FI Couple.

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
Recommended book: I Will Teach You To Be Rich by Ramit Sethi.
Recommended book: Total Money Makeover by Dave Ramsey.
Recommended book: Set for Life by Scott Trench.
Recommended book: Seven Habits of Highly Successful People by Stephen Covey.
Related Episode: REI064: Financial Freedom Journey w/ Josh and Ali of the Fi Couple | YouTube video.
Check out The FI Couple’s free guide to real estate investing and house hacking.
Check out the books mentioned in the podcast here.
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