Path to Progress with Paul Heintzman and John Ackerman
Rachel Richards, author of the best selling book Money Honey: A Simple 7-Step Guide For Getting Your Financial $hit Together [https://www.amazon.com/Money-Honey-Getting-Financial-Together/dp/197594996X], shares how anybody can earn enough passive income to retire in their twenties. Some questions answered in this episode: * What has the last year looked like for you, and what has happened to allow you to quit your job? * How long did it take for you to be able to retire from when you first got serious about passive income? * What made you want to get into rental real estate and what was your first step? * How do you find a good rental property? * How has having your real estate license benefited you in purchasing a rental property? * What is passive income and what kinds of forms can it take? * When writing your book, how did you find people to help you with publishing? * What have you learned from publishing your first book, is there anything you would've done differently? * How far are you in writing your second book? * Can you break down the category of ad/e-commerce passive income? * Who are some people involved in your second book? * What is dropshipping? * How has interviewing others and having them contribute to your second book changed it from the first? * How do you find a good property manager? * What are the basics of portfolio income? * If you were given a million dollars, which passive income stream would you invest in first? * What are the next few steps for finishing your book? * How can people connect with you online? * What are the benefits of a credit freeze? Last call: * What advice would your 60-year-old self give you today? * I'm still trying to figure that out, but protect your identity with credit freezes and invest at a younger age. * What advice would you give to somebody who wants to start earning passive income? * Consider time versus money, what is going to be easier to spend. * What is a book/documentary/podcast you would recommend? * Millionaire Fastlane by M.J. DeMarco [https://www.amazon.com/Millionaire-Fastlane-Crack-Wealth-Lifetime/dp/0984358102/ref=sr_1_1_sspa?gclid=CjwKCAjw1_PqBRBIEiwA71rmtYB4zTUTSPuBpmD3dyofisud-lTgNlQyPkZ7jwGdftXhZZBS-Drr-xoCctgQAvD_BwE&hvadid=241647003820&hvdev=c&hvlocphy=9014243&hvnetw=g&hvpos=1t2&hvqmt=e&hvrand=9521497552591859374&hvtargid=kwd-26154561099&hydadcr=21900_10170863&keywords=millionaire+fastlane&qid=1566410061&s=gateway&sr=8-1-spons&psc=1&spLa=ZW5jcnlwdGVkUXVhbGlmaWVyPUExUFBaMlVSSEdJSjE0JmVuY3J5cHRlZElkPUEwMjU2NjYxMkRHNTRCME1HRFcyWSZlbmNyeXB0ZWRBZElkPUEwMDcyNzI5QlNDSkdHRkxSRTEmd2lkZ2V0TmFtZT1zcF9hdGYmYWN0aW9uPWNsaWNrUmVkaXJlY3QmZG9Ob3RMb2dDbGljaz10cnVl] * What is the best thing you spent money on in the last six months? * Travel * What's your favorite thing to drink? * Double Oaked Woodford Reserve [https://www.woodfordreserve.com/whiskey/double-oaked/] Enjoyed this episode? Check out our previous episode [https://drunkenmoney.com/money-honey-with-rachel-richards-64/] with Money Honey. Have any topics you want to be covered or amazing people you'd like us to interview? Let us know! You can email us at info@drunkenmoney.com [info@drunkenmoney.com]. You can also find us on Facebook [https://www.facebook.com/drunkenmoneymedia/], Instagram [https://www.instagram.com/drunken_money/], Twitter [http://twitter.com/drunken_money/], and Linkedin [https://www.linkedin.com/company-beta/16166061/]. Please be sure to subscribe to our weekly mailing list at drunkenmoney.com/subscribe [http://drunkenmoney.com/subscribe].
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