110: Systematically Increasing Income and Intentionally Decreasing Spending with A Purple Life

02/03/20 • 63 min

Purple graduated from college and got a job in New York City making $35,000 a year. And spending $35,000 a year. Her net worth was a whopping $5,000. Her partner shared the concept of financial independence with her, but she wasn’t interested.

Two years later, her net worth had grown considerably, but she was still not tracking her spending or paying attention to much of her finances.

So, she took a good look at her money situation and discovered that there were places she could make cuts—yet not really feel them.

She moved across the country, she changed jobs, she asked for raises. And she saved and invested her money.

And her net worth grew to the point that she is retiring before the end of the year and traveling the world—all because she looked at her financial situation and said, “I can do better than that!”

Listen in to hear just how she increased her income and decreased her spending to craft the life she wanted!

In This Episode We Cover:

Purple's journey with money
Her mom's gift
Deciding to seek financial independence
Convincing your partner to pursue FIRE
Purple's net worth
Tips for people who are looking for a new job and better income
The importance of research
Purple's plan in the future
What her retirement looks like
Possible downsides of remote work
And SO much more!

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02/03/20 • 63 min

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