The Donkey and The Bee
Welcome to "The Donkey and the Bee," the ultimate podcast where love, business, and financial freedom converge! Join hosts Brett and Laura Chotkevys, a dynamic couple who have unlocked the secrets to thriving in marriage, entrepreneurship, and finances.
With over 17 years of marriage experience, Brett and Laura are more than just partners in life – they're partners in business too. Having embarked on the exhilarating journey of starting and operating four successful businesses together in the past decade, they bring a unique blend of personal and professional experiences to every episode.
Brett and Laura's entrepreneurial ventures are as diverse as they are impressive. They've mastered the art of fixing and flipping over 250 homes across the United States, showcasing their deep understanding of the real estate world. Currently, their ambitions know no bounds as they construct a realm of Memory Care mansions in the heart of Texas, solidifying their position as visionaries in business development.
But it's not just about business achievement. Brett and Laura have achieved financial freedom, a goal that many aspire to reach. And now, they're on a mission to guide you through the very steps that led them to financial abundance. From intelligent investment strategies to navigating the intricacies of entrepreneurship, they're here to demystify the road to economic empowerment.
"The Donkey and the Bee" isn't just another podcast; it's an intimate journey into the lives of two individuals who've not only discovered the secret to a successful partnership but have also translated it into tangible success across various spheres. With candid discussions, heartfelt anecdotes, and practical advice, Brett and Laura will show you how to harmonize love, entrepreneurship, and finances.
Tune in as they share their wisdom, mistakes, triumphs, and insights, proving that the key to a fulfilling life lies in finding the sweet spot between passion, partnership, and prosperity. Whether you're an aspiring entrepreneur, a couple seeking relationship inspiration, or someone aiming to take control of their financial destiny, "The Donkey and the Bee" is your compass to navigate the realms of love, business, and financial accomplishment.
Intro Music by BrightestAvenue from Pixabay
The Donkey and The Bee
Creating A Financial Plan! - Create A Plan To Replace Your Income And Retire Early! - Ep 36
In this episode, we talk about the importance of having a financial plan. This conversation was brought up because one of our friends' spouses is ready for retirement. However, unfortunately, their spouse hasn’t really saved anything or invested despite having a very high income for many years. They have no assets or anything. This is why creating a financial plan is important. Even if you have a low income, you can plan for retirement and financial freedom.
Laura says the most important thing is being financially literate. By taking the time to study your finances and learn how to invest, you are able to learn how to replace your active income with passive income. This is what we mean by financial freedom. It has nothing to do with bringing in income from a high-paying job. We know plenty of high-income individuals who are nowhere near being financially free because they didn’t create a plan or strategy with their finances. As long as your profits from your investments are higher than your monthly expenses, you are truly financially free. Watch this episode to learn the importance of having your financial plan and learn actionable steps on how to start working towards financial freedom.
#Investing #RealEstate #AssistedLivingInvesting
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