How to build effortless wealth

People start out with big dreams and solid plans.

But life likes to test us with challenges along the way.

One thing many people face in middle age is divorce. It’s often painful, messy, and can be financially crippling.

But not always. In fact, it can sometimes be a case of one step back to go three steps forward.

That’s exactly what happened to our reader in the latest Strong Money Story. In this article, you’ll learn:

— How our reader bounced back from divorce
— The specific investment strategies used
— What were the drivers of success
— What like looks like now in retirement
— Lessons learned from setbacks, divorce, investing + life

👉Read: Rebuilding After Divorce to Reach FI (Reader Story)

STRONG MONEY PODCAST

Most people assume financial independence requires some crazy amount of discipline.

Not really. In fact, you can build impressive wealth over time in a relatively effortless manner – all by setting up your finances in a very particular way and benefitting from automation.

In the latest Strong Money podcast, I explain how to turn your income into effortless wealth.

🎧Listen here on Spotify, Apple, or on the website.

AUSSIE FIRE PODCAST

In the latest Aussie FIRE pod, we explore two FI case studies.

One from a younger person early in their journey – the other is a more established couple.

Both case studies revolve around one thing: “How can we retire as soon as possible?”

To me, this is the topic that has always excited me the most. We also cover a question on debt recycling, moving house, and retirement.

🎧Listen now on Spotify or Apple.

THOUGHTS OF THE WEEK

Your life changes completely from zero wealth to $2m. At that point, most people gain immense peace of mind and experience massive optionality. From $2m to $4m, the change is far less noticeable. Money has more life-changing power when you have less of it, yet people are out here pissing it away.

If you have a shitty upbringing or come from a below average starting point, you either end up with a chip on your shoulder or a fire in your belly. Only one of those changes your life for the better.

You need to find two people. One who has the IDEAL situation you want to be in. And one with the OPPOSITE of what you want. Study what they do. Learn how they think. Then blatantly copy the person who has what you want, and do the exact opposite of the other.

FREEDOM TALLY UPDATE

I just added 66 years to the Freedom Tally, from feedback in the last month or so 🔥

Including:

— One guy retired at 42
— One lady semi-retired at 38
— One couple FI at 53
— One couple semi-retired at 45

Hearing about stuff like this never gets old!

If you’ve officially semi-retired or reach FI thanks to my content, let me know and I’ll add it to the tally!

This tally is visible on my homepage and updated accordingly