Should I Chase a Higher Savings Rate? Can We Semi-Retire in Our 40s? How Do We Rebuild After Bankruptcy? (Money Q&A)

One episode that covers everything from bankruptcy recovery to retiring in your 40s.

👉 Join Andrew’s FREE Investing for Beginner’s Masterclass: https://event.webinarjam.com/q05p7/register/0o8z9io?webinar_id=21

What You'll Learn in This Episode

• Whether rate chasing your high-yield savings account is actually worth the time and the math behind it
• The exact steps to rebuild your finances and your credit after filing for bankruptcy
• How to find a CPA who earns more than they cost and the questions to ask before hiring one
• When a financial advisor actually makes sense and when you are better off without one
• Why a 32-year-old with $900K in net worth should be thinking about a taxable brokerage account instead of maxing retirement accounts
• Three new scams targeting everyday people right now including QR code fraud and fake finance apps
• Why SGOV might be a smarter place to park short-term cash than your high-yield savings account

Start Here

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Tool/s Mentioned

• Automate Your Entire Money System in One Weekend https://courses.mastermoney.co/automate-your-money-checklist
• How To Find The Right CPA: Questions To Ask https://expert-hustler-605.kit.com/7476361316

Book/s Mentioned

Brandon Turner Books (BiggerPockets Publishing):

• The Book on Investing in Real Estate with No (and Low) Money Down
• The Book on Managing Rental Properties
• The Book on Rental Property Investing

Robert Kiyosaki Books (Mindset):

• Rich Dad Poor Dad
• The CashFlow Quadrant

Single-Family Focus:

• Building Wealth One House at a Time by John Schaub

Motivational/Foundational:

• The Millionaire Real Estate Investor by Gary Keller

Apartments/Multifamily:

• Ken McElroy's books on apartment investing (published by Kiyosaki's company)

Numbers/Analysis:

• What Every Real Estate Investor Needs to Know About Cash Flow by Frank Gallinelli

Creative Financing:

• Pace Morby's book on creative financing (published by BiggerPockets)

Episode/s Mentioned

• The 1-3-6 Method For Building & Managing Your Emergency Fund https://youtu.be/rGdII_Z0hnw
• How to Automate Your Finances (Money on Autopilot!) https://youtu.be/Fenu_LtdmZU
• How to Access Your Retirement Accounts EARLY (Roth IRA Conversion Ladder for the FIRE Movement) https://youtu.be/ut8rDIJ1kSI
• The Financial Freedom “Stack” ANYONE Can Use to Retire Early (BiggerPockets) https://youtu.be/ElRrBDz7e1U?si=62baruuyFgdIJdeb

Watch Next

• The Best and Worst Frugal Habits (Ranked!) https://youtu.be/_FKJfAjTi-I
• She Hit Rock Bottom and Still Built a Six-Figure Life. Here's How. (With Rebecca Whitman) https://youtu.be/wBACCFI2w5s
• How do Your Finances Compare by Age?! (Salary, Debt, Net Worth, Credit, Home) https://youtu.be/Z10g-yd76nk
• How to Retire in 10 Years or Less! https://youtu.be/nStwD03vJ64
• The Hidden Cost of Playing It Safe with Your Money with Ben Carlson https://youtu.be/LG1Jr2xeuDo

Connect with Andrew

• Website →⁠ https://mastermoney.co ⁠
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• TikTok → ⁠https://tiktok.com/@mastermoneyco ⁠
• LinkedIn →⁠ ⁠⁠https://www.linkedin.com/in/andrew-giancola-45027b340 ⁠
• YouTube → ⁠https://www.youtube.com/@mastermoneyco/⁠

Question for you:

If you could ask Andrew one money question live on the show right now, what would it be? Drop it in the comments and join the Master Money newsletter to make it happen.

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