Our $800 Car | Choosing Financial Independence Over the Joneses

▸▸▸https://www.365daystofire.com/ SPECIAL ANNOUNCEMENT: Enrollment for our 365 Days to FIRE Program is now open for the class of 2025! Spaces are limited! Learn more at: https://www.365daystofire.com/

▸▸▸Enroll in our Stock Market Investing Course for Financial Independence and Retiring Early: https://www.ourrichjourney.com/invest... Enroll in our new 21 module, 4-plus hour stock market investing course with more than 30 handouts of summary notes, homework assignments, and resources. Learn how to research and select investments, how to determine your asset allocation, how to rebalance your portfolio, how to optimize your investments for tax purposes, how to automate your investments, and much more (including a 19-page Investment Plan to work on)!

▸▸▸Enroll in our FIRE Master Class: https://www.ourrichjourney.com/firema... This FIRE Master Class is designed for people interested in pursuing financial independence and retiring early. In the Master Class, we explain how to live off of your investments during early retirement; how to withdraw money from your investment accounts to support your living expenses during retirement; how to calculate your FIRE number; new and creative ways that you can save money; new side hustles for making money; how to invest in the stock market and in real estate; we discuss healthcare options in retirement . . . and MORE!

▸▸▸Enroll in our How to Move to Portugal Course: A Step-By-Step Course to Relocating and Living in Portugal: https://www.ourrichjourney.com/moving... This course is designed for people interested in moving to Portugal. In the course, we explain the visa process, the documents you need to submit for your application, and the step-by-step process that we took to obtain our visas; we explain the residency permit process and how we obtained our residence permit here in Portugal; we explain the process for buying and renting a house in Portugal; we discuss healthcare, school options, and setting up NIFs, we explain taxes here in Portugal, and MORE!

Our Rich Journey - Our $800 Car | Choosing Financial Independence Over the Joneses: We went from owning a brand new BMW to a used $800 car - not because we had to, but because we wanted to! In our videos, we talk all the time about trading your time for money. When you buy a new car, you're trading your time for that car. The more expensive your purchase, the more time you need to work before you reach financial independence. Our goal in this video isn't to convince people to buy an $800 car. Our goal is to get people thinking about the reasons why they want/need a new car and to challenge the idea that new is always better. Our channel is all about making money, saving money, and investing money - all with a goal towards financial independence. Smart purchases will propel you in your journey towards financial independence. So, the next time you go out to purchase a car . . . think about its impact on your financial independence journey and question whether a new car fits with that journey.

▸▸▸Follow us on Instagram:   / richjourney  


▸▸▸PLEASE SUBSCRIBE:

If you like our video, please make sure to "like" the video and subscribe to our channel. We post two videos a week related to our journey towards financial independence, including making money, saving money, and investing money. Make sure to check out all our videos and . . . join the journey!

DISCLAIMER:
We are not financial advisors. Our videos are for educational purposes only and merely cite our own personal opinions. In order to make the best financial decision that suits your own needs, you must conduct your own research and seek the advice of a licensed financial advisor if necessary. Know that all investments involve some form of risk and there is no guarantee that you will be successful in making, saving, or investing money; nor is there any guarantee that you won't experience any loss when investing. Always remember to make smart decisions and do your own research!

AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at no additional cost to you, we may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact our personal opinions.

#FrugalLiving #FinancialIndependenceRetireEarly #HowToSaveMoney #FIRE