You’ve heard of middle-class money traps before. Like spending your whole paycheck on rent, not paying yourself first, and the sneaky seduction of obsessive eating out. Today, we’re talking about a far less known type of middle-class trap, the type that keeps your wealth growing but limits the amount of “freedom” you feel in the process. Oftentimes, savers can find themselves in a position with a big cash surplus but hold tight to it to feel “safe” instead of feeling flexible.Today’s guest, April, falls into this category. She’s done a phenomenal job at building a millionaire life, keeping large cash savings, and diligently investing in retirement accounts. She’s in a favorable position, but it’s not the position she wants to stay in. April wants to feel a true sense of financial flexibility, with the option to leave her job or decrease the amount of time she spends working. But, to do this, she’ll have to confront her limited “cash scarcity” mindset and chase other investing options.Scott and Mindy guide April on exactly how to do this, walking through various types of investment options that she (and you at home) can use to maximize a lifestyle for freedom, not just wealth. Even a financial powerhouse like Mindy struggles with these same issues, and you might too once you hit millionaire status!In This Episode We CoverWhether or not you’re overinvesting in retirement accounts (and how to find out if you are)Converting from a scarcity mindset to money abundant mindset to truly take worthwhile risksInvesting in passive income streams like rental properties, syndications, and dividend stocksHow much to keep in your cash position and when to start investing your excess capitalHELOCs (home equity lines of credit) and how they can combat a low-cash positionWhether or not to pay off your mortgage early (or your car loan!)And So Much More!Links from the ShowBiggerPockets Money Facebook GroupBiggerPockets ForumsFinance Review Guest OnboardingScott's InstagramMindy's TwitterApply to Be a Guest on The Money ShowPodcast Talent Search!Subscribe to The “On The Market” YouTube ChannelListen to The “On The Market” Podcast: Spotify, Apple Podcasts, BiggerPocketsCheck Out Mindy’s 2022 Live Spending Tracker and BudgetBiggerPockets Money Podcast 243: Ramit Sethi's Money Advice for Couples: Live a Rich Life, TogetherBiggerPockets Money Podcast 260: Finance Friday: How to Hit $10M Net Worth in 10 Years (Or Less)BiggerPockets Money Podcast 18: Accessing Retirement Funds Before Age 59½ with The Mad Fientist Learn more about your ad choices. Visit megaphone.fm/adchoices

Jeremy and his wife April discuss toxic empathy and the Antichrist threat in social justice. They emphasize the need for Christ in morality, warn against extreme compassion, and highlight the dangers of disconnected compassion in churches. They delve into the origins of social justice and the importance of aligning actions with Jesus' teachings.

Diskusjon om sosiale medier og barns bruk av TikTok, inkludert press, perfekte bilder, og respektløse memes. Journalist Tord Magnus Håland Dyrkorn forklarer hvorfor Høyre vil ha 15-årsgrense med Bank-ID. Bekymringer om psykisk helse, konsentrasjon, og læringsevne hos barn pga. sosiale medier.

April, an insightful speaker and thinker, dives into the intriguing world of magical thinking, humorously sharing how her husband views himself as a rain god. She explores how this cognitive distortion evolves from childhood, affecting adult behavior and belief systems. The discussion highlights the benefits of magical thinking—like feelings of control—alongside its dangers in health and mental health contexts. April also navigates the contrast between rational and intuitive thinking, revealing how this impacts our understanding of conspiracy theories.

April and Amy from Shameless Sex podcast join Dr. Cat to discuss their personal explorations in plant medicine and psychedelics, including safety considerations when combining them with sexual healing. They also share their Ayahuasca experiences and lessons learned, as well as the destigmatization of eroticism during times of grief. The episode covers guidance for working with psychedelics, the complexities surrounding "sex," and holistic integration of psychedelic experiences with talk therapy.