Episode 46: {How Did She Afford That?} How Meg went from a shopping addiction to achieving financial independence in 6 years
This episode concludes the "How Does She Afford That" series where I interviewed creative entrepreneurs who have found nontraditional paths to financial success. It is the final installment of the series for 2023, but there’s the possibility of revisiting it in the future. Tune in as I interview Meg Nordman, author of "Have Yourself a Minimalist Christmas" and host of the Journey to Freedom podcast. Meg shares her incredible journey from being a self-identified shopaholic to achieving financial independence and retiring early in just six years. You will learn how Meg and her husband paid off their debts, invested in rental properties, and made smart financial decisions to reach their financial goals. We also discuss the power of minimalism and sustainability in their financial journey. Discover how you can build wealth and find financial freedom by changing your mindset and embracing a minimalist lifestyle!
Key Highlights
[00:04:05] Introducing Meg Nordman
[00:10:53] Meg's shift in mindset towards minimalism and how it helped her save money and prioritize her time with her children.
[00:19:19] Husband's income as a mechanic and their lifestyle costs during the saving phase.
[00:27:09] Cash flow from vacation rentals and how it allowed her husband to retire from his job.
[00:30:12] Meg's experience living in Costa Rica and the challenges.
[00:36:31] Current savings goals and plans for future investments in real estate.
[00:40:53] How to connect with Meg
Notable Quotes
"The best day to invest was yesterday."
"The definition of luxury definitely changed."
"What is enough? Pondering enoughness."
"Skill stacking: continually adding to the toolkit."
"You can learn anything in this amazing information age."
"I can do anything."
"Opt out of cultural norms and still have a joyful holiday."
"Follow your own path and live off the income from rental properties."
"Find opportunities through networking and word of mouth."
"Create a life that prioritizes time freedom and intentional living
Resources
Apply to be featured on the “Behind Closed Wallets” Series of the Holistic Money Podcast.
Start your “No Budget” Money Plan
Learn more about our signature Program: Holistic Money Program
Connect with Whitney:
LinkedIn: LinkedIn
Instagram: @holisticmoney
Email: Info@holistic-money.com