Success Champions

Rachel Richards Making the Topic of Money Management Fun, Entertaining, and Simple

Episode Summary

At the age of 27, Rachel Richards quit her job and retired, living off $15,000 per month in passive income. Rachel is the bestselling author of “Money Honey” and “Passive Income, Aggressive Retirement.” She is a former financial advisor and a real estate investor with almost 40 rental units. By making the topic of money management fun, entertaining, and simple, Rachel has helped thousands of millennials work their way out of financial despair. What was the biggest turning point in your life? Buying my first rental property in 2017. Before that, I had $0 in passive income. That investment affirmed that I could retire early. Another big turning point was launching my first book, Money Honey, and overcoming the imposter syndrome. My finance business completely took off after that. Imagine you woke up tomorrow and you had to start all over what would you do different? Start investing in real estate earlier - I held myself back (things like lack of confidence, lack of money) and I didn't need to. Website www.moneyhoneyrachel.com Linkedin Profile https://www.linkedin.com/in/rachelhoperichards/ Facebook www.facebook.com/moneyhoneyrachel Instagram www.instagram.com/moneyhoneyrachel