$2M in 60 Easy Recipes with author Gordon Stein of CashflowCookbook.com

Episode 20 June 20, 2022 00:30:05
$2M in 60 Easy Recipes with author Gordon Stein of CashflowCookbook.com
The Money Fit Show
$2M in 60 Easy Recipes with author Gordon Stein of CashflowCookbook.com

Jun 20 2022 | 00:30:05

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Hosted By

Todd Christensen

Show Notes

The Money Fit Show

Season 2: Episode #20

$2M in 60 Easy Recipes, Gordon Stein of CashflowCookbook.com

Gordon Stein is an international keynote speaker, blogger, personal finance expert, and author of Cashflow Cookbook - $2 Million of Financial Freedom in 60 Easy Recipes. He delivers transformational talks that help people crush their number one stress – their finances.

  1. Going from the executive team to being unemployed
  2. How a $13 car wash receipt changed his way of thinking about money
  3. Researching little changes that would say $25 a month or more with minimal effort or sacrifice formed the basis for his new book
  4. Using running and physical exercise to help himself focus
  5. 60 stories or vignettes form the basis of the book with practical ideas (“If I wouldn’t do it, it’s not in the book.”)
  6. Example of getting medications much more cheaply by not paying full price at the local pharmacy, from $107+/month to just $7/month (saving $100/month adds up to $17,300 over 10 years, then invested for 40 years = $262,000 at retirement)
  7. Look at saving like it is gamification. Savor the savings
  8. Why paying off debt makes more sense than saving or investing
  9. Importance of tracking your wealth monthly to change your mindset from
  10. The power of dividends
  11. At every level of income and for every lifestyle, there are opportunities to reprioritize your spending
  12. The example of a lifelong Vermont janitor whose estate was worth $8M
  13. Using savings from small purchases to pay down debt or grow wealth
  14. Making paradigm shifts in how we approach our spending

Links referred to in the episode, and how to connect with the guest, Gordon Stein:

Cashflow Cookbook Website

Cashflow Cookbook on Amazon

Gordon on Instagram

Gordon on Facebook

Gordon on Twitter

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