Hosts recap five episodes on passive income: why starting early matters, how real estate builds wealth, three types of freedom, teaching kids about money, and managing overwhelm as you expand your network.
Hey, everybody. Flipping Danny. Coming to you live from Centerville, Ohio, it's week five. Recap and key takeaways.
You're in such a goofy mood.
I know. You're welcome. Welcome, welcome, welcome. Again, we are your founders of the Freedom Real estate Group family of companies. And welcome to another episode of our podcast, Guess.
Called Freedom through Passive Income.
That's right. And guess what today's episode's called.
Is it week five? Recap, Recap.
And key takeaways.
And key takeaways.
So way back last Saturday, when the Spartans beat the Wolverine. So there was episode number 29, and it was investing. You're like, oh, I slipped.
Yeah, yeah.
Investing in the value of time again. And then just some of the key takeaways. A dollar today is worth more than a dollar in the future. Another. Another key takeaway is delaying the investment journey is an opportunity loss. Like every day that you miss, that's just something that you lost.
Yes, exactly right. Episode 30 was why real estate versus other investments. And our key takeaways there was, number one, how 80% of millionaires were made by investing through real estate. And 90% of them even today, have real estate in their portfolio. And then second key takeaway was we talked about seven benefits, and we actually added a bonus benefit there at the very, very end. Because you and I like to have fun.
That's right.
And it was Real estate is fun.
That's right. Then episode 31, three types of freedom. Freedom. Freedom. The key takeaways. There's actually three key takeaway takeaways because there's three types of freedom. You've got financial freedom, and that's being able to do what you want. Then you have time freedom, and that's being able to do what you want when you want. And then you have geographical freedom, and that's being able to do what you want when you want, where you want.
That's right.
Like how I did that.
Yeah, Yeah, I like how you did that.
Thank you.
Good time.
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Yeah. So again.
Episodes 32 and 33, we're talking about generational wealth. So we divided it up.
Yeah. Couldn't do that in one episode.
Exactly. So part one, our key takeaway was talking about kids and the financial education. Because that's how you really change the game. Right. Is being able to educate your kids. And you can do that through four ways that we gave you. There's more ways, but we gave you four ways on how you can involve kids in the learning process and make it fun for them and fun for you, quite frankly. If we had kids, we would totally be doing this.
Yes.
But we don't. So we're just doing it together.
And our bulldogs just can't seem to catch on.
No.
Just can't figure it out.
And then in part two episode, the key takeaway was passing it down to preserve the wealth. So once you've made all of this money, you know, we talk about skills of money. Part of that is keeping it. And that includes when you're passing it down to the next generation. So we talk about how to preserve the wealth through insurance, wills, trusts and estate planning.
You know, I think, just thinking back before I talk about this last one, if more people would say and teach how real estate is fun, more people would do it, you know.
Yeah.
It's always so serious in real estate. You have to do this and you have to do that. Go have fun. Anyway, then episode 34, which was just yesterday and it was week five live progress updates. We did talk about. There's a. Well, obviously we talked about a bunch of things in the Spartans beating the Wolverines, but one of the things you talked about was overwhelm, you know, because we're always doing. We always do. Not too much. We do a lot.
Yeah.
I'll just say that.
Yeah.
But it's the taking a beat, take a pause.
That's right.
Sit back, look around and then take the next step.
Oh, my God.
Anyway, sorry, you know, but it's just taking a beat, you know, and just pausing and figuring out, assessing everything. And then, you know, how am I going to do this? And if you have to pause something, not stop, you have to pause something, come back to it later.
Yeah.
And then the last key takeaway for the live progress update was expanding our network.
Yeah.
You know, just getting out to see more people, talking to more people. I mean, you're talking to the two most introverts you know, it's like, do you want to go out and see people? No, let's go home. So, so this is huge. You know, it is great for us. And, and I think, well, you're doing way better at it than I am. My, my network is the delivery guys, so they're coming to me. So. But anyway, so we do like to keep these short and sweet. That was the wrap up of our key takeaways for the episodes from this last week. Make sure that you're, if you're watching on YouTube, make sure you're hitting the subscribe button. If you're listening on whatever.
Platform.
Yeah. That you're listening to. Five star reviews would be awesome. Comment, let us know how we're doing. Ask us questions, give us ideas, whatever. Maybe your suggestion might become a podcast episode.
It's happened numerous times already.
Yes, yes. And I keep saying that my wet socks, your flip wearing is keeps getting pushed down further and further. That might be a 2023 episode.
That's gonna be. Yeah, that's gonna be episode 365.
But again, make sure you're joining our groups on Facebook, facebook.com forward/groups forward slash.
Freedom through passive income.
And again on LinkedIn, just go to.
The search bar and type Freedom through passive income.
You're gonna find us and our team. Everybody's in there. Ask questions, you know, whatever, or just chit chat, whatever. You know, we're there for you. But we're constantly putting more things in there and more educational. Not, not silly fun stuff, but more educational stuff. But again, just let us know how we're doing. But we always like to end each episode with invest smart, live happy. Bye, everybody. Bye. Nothing on the show should be considered specific personal or professional advice. Please consult an appropriate tax, legal, real estate, financial or business professional for individualized advice. Opinions and information on the show are not guaranteed. All investment strategies have the potential for profit or loss.
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