Retiring Early by Achieving Financial Freedom With Cody Berman
Have you dreamed of retiring early, but are not sure how to accomplish this goal? If so, you need to listen to Cody Berman from Fly To Fi who is on his first round of retirement at 23!
Join us as we talk to Cody about how he planned out his business and income streams so that he could reach this goal.
After reading the book the 4-Hour Work Week by Tim Ferris (a book I highly recommend) Cody decided that he was going to change his life and begun by dislodging the time money narrative.
In order to be successful you can't trade your time for money, you need to find ways to think outside the box and creating multiple revenue streams.
He believes that by front loading your work and creating processes within your businesses that you can easily set up business that will gradually take care of themselves and produce a steady income stream.
While building up his business Cody also realized that he needed to drastically cut his expenses in order to have the financial freedom he craved.
Cody got to the point where he was able to cut his expenses to $1,000 per month. Some of his frugal living tips are a bit extreme (you’ll get a kick out of some of them), but they are effective!
After saving $35,000 Cody had a lightbulb moment and realized that he had 35 months to try out his entrepreneurial dreams.
Cody is currently on a 3 month RV tour with Grant Sabatier promoting his latest book – Financial Freedom – A Proven Path to all the Money You’ll Ever Need.
I haven’t had a chance to read this book yet, but have it cued up on my audible account for my next road trip. It has great reviews though, so I recommend checking it out.
If you want a podcast that will help you think outside the box I highly recommend listening to Cody Berman.
One of Cody’s greatest strengths is in his ability to just start. He is a firm believer in the power of failure, and I can guarantee that his story will inspire you to get out and try something new.