Life and Money Show

How To Retire Young By Investing In Real Estate With Michael Quan

Episode Summary

Listen in as we talk to Michael Quan, creator of FinanciallyAlert.com, a blog that inspire and empowers people to take control of their life and achieve financial independence. Michael himself retired at just 36 and has since continued to grow his net worth, despite not working. In this episode, he shares with us what his days look like now, why he publishes all his financials online, and how he empowers others to achieve financial freedom. Be sure to grab your free copy of the Investing For Good book: https://goodegginvestments.com/book Check out the show notes: https://investingforgoodpodcast.com/episodes/13

Episode Notes

“Never value yourself by your net worth. You’re simply a steward of the money you earn during your lifetime.” A million dollars a year, or even a month, in cash flow means nothing if you don’t know what you’re making that money for. Today’s guest reached financial freedom at a relatively young age, and says that he did it all out of love for his family and a desire to inspire and mentor others.

Michael Quan blogs at FinanciallyAlert.com. Growing up in a middle-class Asian-American family, he decided that he would never suffer from a lack of time and money. Beyond that, he had a dream to live a life of abundance.

A former IT professional, Michael decided he needed to become his own boss and look for a more stable, long-term solution for his finances, especially after a series of layoffs all around him following 9/11. Michael retired at the ripe old age of 36 and today, he enjoys the majority of his days as a stay-at-home dad. Not that he doesn’t work anymore. He still does—just on his own terms.

WHAT TO LISTEN FOR

How Michael made the transition from running an IT business to retiring at 36
Automating your business by creating systems
Why Michael publishes all his financials, including his net worth, on his blog
What Michael did to continue growing his net worth, even after he stopped working
Gaining the ability to spot the right investment opportunities for you in a sea of options

RESOURCES FROM THIS EPISODE

Blog: Financially Alert
Podcast: Breakthrough Millionaire

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Be sure to also grab your free copy of the Investing For Good book (just pay S&H).

Thanks for listening, and until next time, keep investing for good!