Episode 52
E52 - Preparing for Financial Success with Rachel Richards
Only 27 years old, former financial advisor Rachel Richards has made a name for herself in the personal finance realm. In 2019, Rachel quit her job and retired, with over $10,000 per month in passive income! She is the bestselling author of “Money Honey” and “Passive Income, Aggressive Retirement.” She has been featured on the Penny Hoarder and the New York Times and has been contracted to speak at colleges. Rachel is also a real estate investor with 35 rental units. Her valuable money lessons have helped thousands of millennials work their way out of financial despair. She has successfully done what no one has done before: made the topic of money management fun, entertaining, and simple!
Tyler and Rachel’s discussion addressed the financial education crisis in America and focused on Rachel’s mission of empowering people, particularly female millennials, to prepare for their financial future. Rachel talked consciousness, focusing on long-term goals, investing in yourself, and she shared how her Grand Canyon training is analogous to planning for your financial future. She also shared personal financial tips and explained why decreasing expenses is only half of the equation.
Other topics included Rachel’s mantra of never stop learning, daily meditation, joining a mastermind, aligning actions with values, conscious decision-making, authenticity, discipline, statements of affirmation, turning fear into inspiration and more!
You can connect with Rachel via social media or her website:
Instagram: https://www.instagram.com/moneyhoneyrachel/
Rachel’s Website and Free Budgeting and Savings Worksheet: https://www.moneyhoneyrachel.com/free
The books mentioned in the show can be accessed below:
Money Honey, by Rachel Richards
Passive Income, Aggressive Retirement, by Rachel Richards
The Millionaire Fast Lane, by MJ DeMarco
A Thousand Splendid Suns, by Khaled Hosseini
Apply for coaching with Tyler! The world's top performers in any field have a coach to help them achieve drastically greater results and in less time. The most successful real estate investors are no different. To apply for a results coaching session with Tyler, coachwithtyler.com.
This episode of Elevate is brought to you by CF Capital LLC, a national real estate investment firm that focuses on acquiring and operating multifamily assets that provide stable cash flow, capital appreciation, and a margin of safety. CF Capital leverages its expertise in acquisitions and management to provide investors with superior risk-adjusted returns while placing a premium on preserving capital. Learn more at cfcapllc.com.
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