Episode Description
Did you know that there are a lot of things you can do to lower your expenses and free up money for investing? In this episode, Chad welcomes Gordon Stein to share some easy tips for saving money and freeing up cash flow to invest in real estate. He recommends small changes that can be made in different areas of your life to free up extra money. Gordon's book, the Cashflow Cookbook is full of easy-to-follow recipes that will help you save money and create wealth over time.
Gordon Stein is an international keynote speaker, blogger, personal finance expert, and author of Cashflow Cookbook - $2 Million of Financial Freedom in 60 Easy Recipes. He delivers transformational talks that help people crush their number one stress – their finances. His mission is to improve financial wellness and help his audience regain focus, balance, and joy in their lives. Gordon combines his trademark wit and no-BS style to speak with employee and association groups, financial advisors, and the media about a breakthrough path to financial wellness with no risk, minimal effort, minimal sacrifice, and no budgeting.
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[00:00 - 05:46] Opening Segment
Welcoming Gordon to the show
Brief background and story
What drove Gordon into writing The Cashflow Cookbook
[05:47 - 11:56] How to Optimize Your Expense Load
There are opportunities everywhere to save money on expenses
Finding opportunities to reduce the cost of your monthly bills
Why and how can budgeting limit your wealth?
The number 1 track to building wealth
[11:57 - 17:48] 1 Million Dollars with Just 10 Hours of Work
Reduce or Eliminate all recurring expenses
Cashflow Cookbook provides detailed instructions on how to do this for every category of expense, including bills, mortgages, car insurance, and more
Separating your finances into two checking accounts to help eliminate confusion and minimize overdrafts
one for bill payments and
one for discretionary spending
Streamlining your banking can help you save money and increase your wealth over time
[17:49 - 21:25] The Quattro Trio
What is your superpower?
Helping people attain Financial Freedom with minimal effort
What is your biggest mistake?
An executive-level job loss and a job search during a terrible recession
Logan’s book
See the links below to connect with Gordon
Final words
Connect with Gordon through LinkedIn and Facebook. You can also visit www.CashflowCookbook.com to learn more!
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Real Estate Runway Podcast is all about alternative business and investment strategies to help you amplify life, and maximize wealth! Click here to find out more about the host, Chad Sutton.