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In this episode, we jumped straight into a conversation that has been coming up constantly from your questions and DMs after our recent finance episodes together. In this episode we're talking about: -
Why your home is a liability, not an asset — and what that actually means for your retirement -
The only real ways to access equity in your home (hint: none of them are as simple as people think) -
The 4% rule and why it's not as bulletproof as it sounds — especially when the market drops -
Why paying your mortgage weekly (not monthly) can save you thousands in interest over time -
The real cost of owning a home that most people never factor in — property taxes, maintenance, improvements, and yes, even perennials -
Why real estate investing isn't the passive income goldmine it once was -
The difference between building wealth as an employee vs. as a self-employed person -
Diversifying your portfolio beyond real estate — second mortgages, private equity, RRSPs, TFSAs -
Why your health and your wealth are completely interconnected — you cannot have one without the other -
The reality of senior care costs and why planning ahead (way ahead) matters more than you think -
What it looks like to actually get paid to learn about finances and help others — and why so many people from every walk of life are making the switch Let's dive in! Thank you for joining us today. If you could rate, review & subscribe, it would mean the world to me! While you're at it, take a screenshot and tag me @jennpike to share on Instagram – I'll re-share that baby out to the community & once a month I'll be doing a draw from those re-shares and send the winner something special! Click here to listen: Apple Podcasts – CLICK HERESpotify – CLICK HERE This episode is sponsored by: Free Resources: Programs: Connect with Chris: Connect with Jenn: Have a question? Send it over to hello@jennpike.com and I'll do my best to share helpful insights, thoughts and advice. |