Sam Dogen, founder of Financial Samurai and author of the bestselling book 'Buy This, Not That,' dives into the complexities of Coast FIRE. He discusses how this strategy allows more freedom today but cautions about its potential pitfalls, especially with inflation and unexpected expenses. The conversation also touches on realistic investment growth expectations and the importance of educating children about finance for true generational wealth. Dogen emphasizes a balanced approach to personal finance, advocating for stability over high-risk ventures.

#75: Financial Samurai and bestselling author, Sam Dogen, joins Chris to discuss ways to maximize wealth-building and live life on your own terms. They cover Sam’s 70/30 rule for decision making, how Sam engineered his own layoff and the principles you can use to do it yourself, how real estate can be a significant source of passive income, and why we should all consider having our own online real estate, small business, or side hustle.Sam Dogen (@financialsamura) engineered his own layoff after working for 13 years in corporate america and created Financial Samarai, one of the largest independently-owned personal finance sites in the world. His Wall Street Journal bestselling book is Buy This, Not That: How to Spend Your Way to Wealth and Freedom.Full show notes at: https://allthehacks.com/financial-samurai-sam-dogen Partner Deals Pacaso: Free early access to listings and $2,500+ in closing creditsFor all the deals, discounts and promo codes from our partners, go to: allthehacks.com/dealsResources MentionedConnect with Sam Dogen: Financial Samurai | TwitterSam Dogen’s Books: Buy This, Not That: How to Spend Your Way to Wealth and Freedom How To Engineer Your Layoff Resources Mentioned:  Pacaso Thinking in Bets: Making Smarter Decisions When You Don't Have All the Facts Podcasts Mentioned:All the Hacks #19: Becoming a Better Investor with Andy Rachleff Travel Recommendations: Malaysia Kuala Lumpur National Palace Batu Caves Pulaus Penang Redang Island The Taaras Beach & Spa Resort Angkor Wat, Cambodia Southeast Asia Majorca, Spain Amsterdam  Full Show Notes(1:43) The Point of Financial Optimizations: Why Money Isn't the End Goal(3:30) Engineering a Layoff and Choosing an Alternate Career Path(5:53) Negotiating Severance Pay and Differentiating Between the WARN Act and Severance(12:36) Sam Shares the Core Principle He’s Held Since Middle School(14:19) Thinking in Probabilities and Not Absolutes: Sam’s 70/30 Rule(20:15) Earning Passive Income with Real Estate in Your Portfolio(26:59) Choosing an Adjustable-Rate Mortgage for Sensible Reasons(33:04) Strategies for Successful Vacation Property Purchases and Lessons in Income Forecasting(36:34) Establishing Your Presence Online in Real Estate(38:27) Venture Capital Demystified: Understanding VC and How It Works(45:12) Personal, Financial, and Tax Benefits of Running a Business(48:24) Selecting a Retirement Plan and Health Insurance as a Business Owner(52:21) Navigating Finances When Including a Partner in Your Business(54:33) Reasons for Residing in High-Income Tax Areas(57:58) Sam's Travel Recommendations(59:35) Exploring Malaysia: What to See and Do(1:01:13) Chris's ATM Misadventure During His Backpacking Trip in Malaysia(1:02:48) Contributing to Your Child’s 529 College Savings Plan(1:05:05) Choosing Between Public and Private Education Routes(1:07:43) Where to Find Sam Dogen Online Connect with All the HacksAll the Hacks: Newsletter | Website | Membership | EmailChris Hutchins: Twitter | Instagram | Website | LinkedInEditor’s Note: The content on this page is accurate as of the posting date; however, some of our partner offers may have expired. Opinions expressed here are the author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post. Learn more about your ad choices. Visit megaphone.fm/adchoices

Sam Dogen, an insightful expert on relationships and finance, delves into dating highly motivated men. He highlights the unique dynamics faced by women in these relationships, stressing the importance of supporting their ambitions while keeping personal confidence. Dogen shares practical strategies to help foster intimacy and encourage thoughts of marriage. He also discusses how social connections with friends can positively influence a relationship with a 'Super Motivated Boyfriend'.

Sam Dogen, founder of Financial Samurai, shares his journey to financial freedom and the importance of making optimal choices in life. Topics discussed include overcoming time excuses, personal finance narratives, exclusivity in top universities, education and opportunities, recognizing racism, building wealth, making practical life decisions, and the importance of financial stability in relationships.

Sam Dogen, founder of the popular personal finance blog Financial Samurai, shares his journey to financial freedom. He critiques the traditional 4% rule and introduces a new income-focused model for retirement. The conversation dives into the FIRE movement and strategies for navigating U.S. health insurance as an early retiree. Sam discusses negotiating severance packages and running his blog as a lifestyle business, emphasizing the importance of passion and strategy in personal finance. He also reveals insights from his Wall Street Journal bestselling book.