Minisode 61 The 1000 Dollar Challenge

The $1000 challenge. Find ways to save money, sell stuff and a few other tips so you have $1000 to start investing.

DISCLOSURE: This episode is sponsored by Podcorn. If you host a podcast and would like a very customizable way to get temporary sponsorships, then visit the link. Also read the transcript for more details.

Hello everybody and welcome back to a doctor's perspective. Minisode 61, all the show notes and transcripts can be found at a doctor's perspective dot net slash m six one.

This was a fun episode. It's again a money when you know what I like. If you go to chapters again, you can find a nice big chapter on budgeting expenses that might have and you might look at that because this episode is talking about...

the thousand dollar challenge from Choose FI

WanNa take a minute and talk about the fact that I've had sponsorships recently, and that's thanks to podCorn Dot Com. They are the sponsor for today's show. It's a pretty cool platform whereas host I sign up and I'm able to see businesses that are wanting to advertise on podcast, and so I just. Put my stats give him a sales pitch and they review it. Of course they actually tell you what they're looking for. We would like an interview we would like are these are the type of audience that we're looking for you both at the resonate. Was 'cause with popcorn. Any right to your podcast is just a place where you can go to find businesses that are looking to advertise and you just present your show in the best light possible so that they will hire you. So, if you have a podcast and I know a lot of people in my audience do because it's a nice way to do marketing Seo to your local crowd. Just go to pod popcorn dot com slash podcasters, check it out for yourself. And again, you can do anything from thirty seconds pre roll mid roll doing interviews discuss a topic that the company would like to hear discussed. So all those things are options. So check again, pod corn, dot com slash podcasters.

It's actually called the Roth IRA conversion ladder episode 163 but I'm not GonNa talk about the Roth IRA conversion letter but it is quite cool being that I don't really have a 401k maybe you're you do or your spouse does depend on where you work that might be an episode because it really shows you how you can pull your money out tax free but it takes five years and extra planning now for later.

So thousand dollar challenge. Start, with no, a lot of people don't have an emergency fund. So thousand dollars is at least a good start or they want to invest but they don't have that first thousand dollars to open an account of course, companies like Wealth Front I, use them and sponsor but you could You know they have a minimum amount that you have to have to open an account even vanguard with their index funds low-cost. Have a minimum that you to get. So this is a help you get there.

It's you might think that way you kids retirement you could school fund so that when they get married one day, your have it in there. Maybe just put a thousand dollars. Let it grow for twenty five years. They get married boom.

Here's your whatever it grew too much. I'm willing to give you. All right. So what is here we go I looking garage you shed yeah. House water some things that you don't use anymore. Whereas the clutter yet that treadmill that ethical machine is just turned into a fancy expensive clothes rack. Okay.