Steven Money's guest appearances

Steven Money

Hustle to Financial Freedom

Fire Drill

The House Hacking Podcast

Chad Carson

Roger Whitney

Adam Carroll

Travis Hornsby

Andy Hill

Paula Pant

Ben Leybovich

Todd Tresidder

JD Roth

Chris Reining

Whitney Hansen

Aja McClanahan

Eric Rosenberg

Melanie Lockert

Benny Hsu

OwlTail

Steven Donovan

Today we are hanging out with Steven Donovan! Steven is a financial coach and the man behind the Even Steven Money Blog. After some early financial stumbling blocks, Steven paid off over $100,000 in personal debt in just 5 years. Now, Steven is sharing what he learned with others to help them get out of… The post From a Mercedes-Benz to A Thrifted Bike with Steven Donovan (Even Steven Money) appeared first on Hustle to Financial Freedom.

Today we are hanging out with Steven Donovan! Steven is a financial coach and the man behind the Even Steven Money Blog. After some early financial stumbling blocks, Steven paid off over $100,000 in personal debt in just 5 years. Now, Steven is sharing what he learned with others to help them get out of… The post <a href="https://hustletofinancialfreedom.com/podcast/from-a-mercedes-benz-to-a-thrifted-bike-with-steven-donovan-even-steven-money/" rel="nofollow" target="_blank">From a Mercedes-Benz to A Thrifted Bike with Steven Donovan (Even Steven Money)</a> appeared first on <a href="https://hustletofinancialfreedom.com" rel="nofollow" target="_blank">Hustle to Financial Freedom</a>.

From a Mercedes-Benz to A Thrifted Bike with Steven Donovan (Even Steven Money)

This week we have a very special episode with the financial coach Even Steven Money! Around 2011, Steven was in search of a house in Chicago for him and his soon to be wife. He soon realized that why not invest in a multi-family type of property that can potentially generate some income. After making offers on different properties for about a year, Steven finally found a three-unit house. Steven and his wife lived in one of the units while getting renovations done to the other units. After getting renovations and having tenants move in, Steven realized how much money house hacking generated. Steven and his wife decided to take the money they were earning and pay off debts and other payments. This house hack became a huge stepping stone towards his journey in reaching the debt-free and financial freedom community.    For more information on this episode and guest, you can check out the show notes at https://fibyrei.com/S1E14   ----------------------------------   Get the House Hacking Quick Start CHEATSHEET. https://fibyrei.com/HHStart   ----------------------------------   You can check out the best way to learn about real estate investing, and house hacking at https://fibyrei.com/learn   ----------------------------------   Check out the Ultimate House Hacking Guide Article. https://fibyrei.com/hhguide   ----------------------------------  The House Hacking Podcast is brought to you by FI by REI, whose goal is to help you achieve financial independence through real estate investing. https://fibyrei.com/

This week we have a very special episode with the financial coach Even Steven Money! Around 2011, Steven was in search of a house in Chicago for him and his soon to be wife. He soon realized that why not invest in a multi-family type of property that can potentially generate some income. After making offers on different properties for about a year, Steven finally found a three-unit house. Steven and his wife lived in one of the units while getting renovations done to the other units. After getting renovations and having tenants move in, Steven realized how much money house hacking generated. Steven and his wife decided to take the money they were earning and pay off debts and other payments. This house hack became a huge stepping stone towards his journey in reaching the debt-free and financial freedom community.  For more information on this episode and guest, you can check out the show notes at<a href="https://fibyrei.com/S1E1?utm_source=hhp&amp;utm_medium=podcast&amp;utm_campaign=hhp+s1e01&amp;utm_content=Show+Notes" rel="nofollow" target="_blank"> </a><a href="https://fibyrei.com/S1E14?utm_source=hhp&amp;utm_medium=podcast&amp;utm_campaign=show+description&amp;utm_content=Show+Notes&amp;utm_term=s1e14" rel="nofollow" target="_blank">https://fibyrei.com/S1E14</a> ---------------------------------- Get the House Hacking Quick Start CHEATSHEET.<a href="https://fibyrei.com/the-house-hacking-quick-start-guide/?utm_source=hhp&amp;utm_medium=podcast&amp;utm_campaign=show+description&amp;utm_content=lead+magnet&amp;utm_term=s1e14" rel="nofollow" target="_blank"> https://fibyrei.com/HHStart</a> ---------------------------------- You can check out the best way to learn about real estate investing, and house hacking at<a href="https://fibyrei.com/learn" rel="nofollow" target="_blank"> </a><a href="https://fibyrei.com/learn?utm_source=hhp&amp;utm_medium=podcast&amp;utm_campaign=show+description&amp;utm_content=learn&amp;utm_term=s1e14" rel="nofollow" target="_blank">https://fibyrei.com/learn</a> ---------------------------------- Check out the Ultimate House Hacking Guide Article.<a href="https://fibyrei.com/house-hacking-ultimate-guide" rel="nofollow" target="_blank"> </a><a href="https://fibyrei.com/house-hacking-ultimate-guide/?utm_source=hhp&amp;utm_medium=podcast&amp;utm_campaign=show+description&amp;utm_content=ultimate+house+hacking+guide&amp;utm_term=s1e14" rel="nofollow" target="_blank">https://fibyrei.com/hhguide</a> ---------------------------------- The House Hacking Podcast is brought to you by FI by REI, whose goal is to help you achieve financial independence through real estate investing.<a href="https://fibyrei.com/?utm_source=hhp&amp;utm_medium=podcast&amp;utm_campaign=show+description&amp;utm_content=website&amp;utm_term=s1e14" rel="nofollow" target="_blank"> https://fibyrei.com/</a>

Small Multifamily House Hacking with Even Steven Money

Spend based on your values rather than your wants.This is what Steve does with his money, his values being his wife, happiness, travelling, health and fitness. By focusing his money on the right things he was able to pay off over $100,000 in debt, house hack and reach his own level of freedom before even reaching FI.You'll love his storyWe also chat about... 	The moment Steve realised he needed to fix his finances 	How him and his wife house hacked their mortgage 	Moving from Chicago to Miami 	Spending based on values rather than wants 	His future FI goals 	The FI levers he's taking advantage of 	Can everyone achieve FI?Enjoy this chat with Steve, and please subscribe to us in iTunes if you enjoyed it!Show notes and links from today's episode 	Steve's blog: Even Steven Money 	Steve on Twitter, Facebook. 	The FIRE Documentary 	Episode: Set for Life with Scott TrenchKey takeaways from our chat with Steve1 - How house hacking gave Steve a huge bonusSteve explains that him and his wife moved to Chicago and bought a foreclosed house in 2012. After renovating it, they moved into the attic and used it as their own apartment and then rented out the rest of the building as well as the garden. The renters eliminated that mortgage, and with the extra payments they were able to pay the mortgage on their Florida house off. With this extra money they were able to pay off other stuff early, and get out off $100,000 in debt!2 - Doing a FI trial runSteve focuses on his keeping a stable income and low spending, which means that him and has wife have a lot more flexibility and freedom. His wife works full time remotely, and he is building his own business. They're already at their own stage of financial freedom, and will be figuring out their ideal lifestyle for the next 3 years. Their goal is to have 1 million dollars and then use the 4% rule to live on $40,000 per year, but they are not aggressively saving at the moment as make sure to prioritise their current lifestyle too.3 - Spending based on values rather than wantsSpending based on values means buying things that truly bring happiness. If you identify your values first and then spend based on these, you are more conscious on where your money is going which therefore brings you more satisfaction. If you value cars and know a new car will make you happy, then by all means by the new car (if you can afford it, of course). Steve identifies his values as being his wife, happiness, travelling, health and fitness.Questions? Like or dislike? Leave us a comment!Want to support the podcast? Here are three things you can do.1. Start tracking your net worth with Personal Capital using our link. It's free.2. Subscribe to our YouTube Channel and get one extra LIVE episode from us per week.3. Join our Facebook group and connect with other members of the FI community.

Spend based on your values rather than your wants. This is what Steve does with his money, his values being his wife, happiness, travelling, health and fitness. By focusing his money on the right things he was able to pay off over $100,000 in debt, house hack and reach his own level of freedom before even reaching FI. You'll love his story We also chat about... 	The moment Steve realised he needed to fix his finances 	How him and his wife house hacked their mortgage 	Moving from Chicago to Miami 	Spending based on values rather than wants 	His future FI goals 	The FI levers he's taking advantage of 	Can everyone achieve FI? Enjoy this chat with Steve, and please subscribe to us in iTunes if you enjoyed it! Show notes and links from today's episode 	Steve's blog: Even Steven Money 	Steve on Twitter, Facebook. 	The FIRE Documentary 	Episode: Set for Life with Scott Trench Key takeaways from our chat with Steve 1 - How house hacking gave Steve a huge bonus Steve explains that him and his wife moved to Chicago and bought a foreclosed house in 2012. After renovating it, they moved into the attic and used it as their own apartment and then rented out the rest of the building as well as the garden. The renters eliminated that mortgage, and with the extra payments they were able to pay the mortgage on their Florida house off. With this extra money they were able to pay off other stuff early, and get out off $100,000 in debt! 2 - Doing a FI trial run Steve focuses on his keeping a stable income and low spending, which means that him and has wife have a lot more flexibility and freedom. His wife works full time remotely, and he is building his own business. They're already at their own stage of financial freedom, and will be figuring out their ideal lifestyle for the next 3 years. Their goal is to have 1 million dollars and then use the 4% rule to live on $40,000 per year, but they are not aggressively saving at the moment as make sure to prioritise their current lifestyle too. 3 - Spending based on values rather than wants Spending based on values means buying things that truly bring happiness. If you identify your values first and then spend based on these, you are more conscious on where your money is going which therefore brings you more satisfaction. If you value cars and know a new car will make you happy, then by all means by the new car (if you can afford it, of course). Steve identifies his values as being his wife, happiness, travelling, health and fitness. Questions? Like or dislike? Leave us a comment! Want to support the podcast? Here are three things you can do. 1. Start tracking your net worth with Personal Capital using our link. It's free. 2. Subscribe to our YouTube Channel and get one extra LIVE episode from us per week. 3. Join our Facebook group and connect with other members of the FI community.

Using House-Hacking to Get out of $100,000 in Debt | Even Steven Money