Afford Anything Q&A: Can They Be Financially Independent in Five Years … By Breaking the Rules?
10 snips
Jul 30, 2024 
Join Luke, who's exploring unconventional paths to financial independence with his wife, and Christina, a retired homeowner facing rising costs who may need to rethink her living situation. Les shares his confusion over international equity allocations, prompting a lively discussion on investment strategies. The trio dives into the complexities of balancing dreams with finances, explores the pros and cons of renting versus owning during retirement, and challenges traditional views on market investments. Get ready for some eye-opening insights!
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Pottery Passion
- Elizabeth considered a 4-month pottery course but opted for a local studio space instead.
- This allowed her to pursue her passion affordably while maintaining income.
Widen the Lens
- Consider "widening the lens" when making big decisions to explore all possibilities.
- This approach helps find better solutions and opportunities.
Renting on Fixed Income
- Avoid selling a paid-off home and renting, especially on a fixed income.
- Rent increases can significantly impact fixed incomes, making homeownership more stable.