Interview with Savvy Life - Episode 25

In this interview I speak with Melissa Tosetti and Kevin Gibbons
from the Savvy Life (http://thesavvylife.com). They shared with
me how they help people build real wealth without sacrificing
their lifestyle but by focusing their spending on what really
matters.  They can find savings of 13% of your income that
you currently spend on things you  don't care about and
repurposing these savings to things you truly enjoy or towards
turnkey rentals investments.


What are the 3 main ingredients of a Savvy Life? 


1. Design your lifestyle. What do you want your life to look
like. This is not a lofty goal. We are talking daily habits. You
will see results immediately that will benefit you for the rest
of your life. not 10 years down the road  Provide income
security: They are independent consultants, senior executive,
startup early employees, professional athletes. Their income is
fluctuating. Rental properties could smooth their income and
invest some money in rental properties at income peak to prepare
them for a time when they are in a valley. 


2. Crunch the numbers. Look at the expenses, savings. Set money
aside for key expenses so that you are not scrambling. Set money
aside for Passive income investments.


3. Execute the Plan. This is the tough part. Make sure the plan
is sustainable and get excited about what you will get out of it.
Track your saving towards passive income, and net cash flow from
rentals.


To get the document mentioned in the interview go to
http://thesavvylife.com and scroll down to the bottom where it
says "Five Things That Make Money Stressful" to get this great
document