The Book That Let Me Reach Financial Independence (20 Lessons)

Money lessons for financial independence from the book set for life.

This Book Let Me Retire Early

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00:00 Intro
00:14 the first $25,000
00:26 frugal living
00:50 the big 3
01:21 Save On Your Car
01:46 Save On Food
02:04 Save On Housing
02:34 Credit Score
02:46 Good Enough
03:21 Insurance
03:42 Ladder to $25,000
03:53 Pay Off Debt
04:25 Invest In Yourself
05:34 $25,000 Now What?
05:45 Scalable Job
06:34 House Hacking
06:54 Earn 3 Ways
07:25 Build Income Streams
08:12 What I Did
08:37 Investing

[simonsinvestingjourney]

Its so nice to hear someone say 'first 25k' & not 1M!

It's realistic and achievable. Thank You!

[turboZ]

solid tips - i want to say that lifestyle creep is very real. higher income can lead to hubris and thinking u can afford things u really cant. and ive been laid off twice in a single yr so i can say there is no job security.

[skh]

If you live in a condo, I do NOT recommend DIY plumbing repairs. If anything goes wrong, you are LIABLE if you cause damage to other units in the building.

[XanderWorden]

Absolutely love this video… I’m 20 years old and me and my girlfriend are moving back home after renting for a year and I plan to pay off the 2, 000 dollars left on my car and start saving hardcore for a house then for financial independence👌

[jimmymac]

Bought my laptop open box and upgraded the ram and added storage myself. I saved around $800 doing it this way, instead of buying new.

[HeatherCampbell-kcfx]

I got jobs on cruise ships and ranches for a few years. Put 20% down on my first cottage. Paid it off in 15 years. Learned too late that I could have paid it off sooner. First car was 50 bucks!!! Could have saved more money if I had all this great information when I was younger. Learn sooner. It will pay off. Didn't have a good role model as a kid.

[fadilfac]

I recently read an amazing book called Financial Wellsprings. It helped me to enrich myself and learn about investing. Highly recommended!

[Immanuelmsa]

Thank you Gabe, very useful information and wonderful video 👍🏼

[jennyherzog]

New book for my list lol. Love your videos! Thanks!

[anupamar]

I read this book 5 years ago, yes it has really helped me. Practical advice with inspiration.

[myplatinumlife]

One of, if not my favorite finance books

[amandahaataia]

I read this book years ago - it’s amazing!

[beebsblue]

This is sooo good. I like the idea of getting passive income instead of aiming for a huge chunk to live off for the rest of my life

[LivingProcess]

Brilliant as always 💚 The first rule is always good

[fireandirie]

Love the video, thanks...Appreciation* audit...missed the C...I 'c' what ya did there...blessings 😎🤙

[Scott_Trench]

Wow! Thank you for the awesome review of Set for Life and congrats on the amazing progress on your own financial journey using Real Estate.

I’ll be monitoring the comments here if anyone has any questions for me.

Gabe - let me know if you want to connect sometime, it would be great to meet you virtually or in person at some point!

[GregGottfried]

That shot at 1:50 was the big one for me. Having a baby changed my priorities and perspective on most things. Great video as usual 👍

[borisVladimir]

“Rich people acquire assets. The poor and middle class acquire liabilities that they think are assets.” - Robert Kiyosaki

[bobbyrebholz]

Great video. Also, if you wanted to run the biggest gamble for yourself in the history of humanity, take the amount you would be paying into health insurance and put it towards the $25k. If you're a healthy human and NEVER have anything happen to you, well, it's frightening in case something does happen but you could literally save massive amounts of money that is literally doing nothing. I don't advise this though. It's not for the weak-hearted.

[rosemarie]

I got the book on hold at my local library