Hope for the BEST and plan for the WORSE
“I’m so sorry Rebekah, we’d love to keep you but financially we’re in a tough position; you’re our highest paid employee, so we’re going to have to let you go as we are cutting expenses everywhere to stay alive right now.”
I tried to hold back tears as my boss delivered this unexpected message. I knew things were tough financially at the company where I had been working, but I had hoped my job would survive the tumultuous waters though.
Losing a job is NOT FUN. Thankfully my husband and I had a safety net and passive income from our real estate investments. We started investing back in 2012 and realized this was a smart way to put our money to work! Every month our tenants paid rent which covered the mortgage and expenses, then we had some leftover cash flow.
We built a portfolio and had also invested in other avenues as well (loans to small businesses, the stock market, our kids 529 college fund, Roth IRAs, lending to local investors in town, etc). My husband was also coaching on the side and as a realtor, I made some income from helping clients buy/sell homes.
Because of these investments, we didn’t experience the earth-shattering fear that some might when losing a job. It certainly wasn’t ideal and I really loved my job, but it helped us re-imagine our future and how we wanted to spend it. If we could put more of our money to work while we slept, it meant more TIME doing the things we enjoy with the people we love.
I’m on a mission to help people craft their future not only financially through real estate, but in their marriages, families, and physical/emotional/spiritual health. I’m not quite sure what those other avenues (outside real estate) look like YET, but Nathan and I are excited to help you invest in your future.
Thanks for reading!
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