Show 44 - Teachers Can Be Wealthy Too with Ray Tran
In this episode, I talk with Ray Tran about how he has reached financial independence all while teaching full time.
5/22/20241 min read
As a teacher it is easy to fall into the mistaken belief that, while others can become wealthy we can’t. This is patently false. And to prove that I have Ray Tran coming on the show. Ray is a school teacher who has put in the work to become financially independent, and the best part is he still teaches full time because he absolutely loves it! Here are some key insights from this episode..
Key Ideas
Ray backed me up by saying right out of the gate, track your spending! That is my number one tip and it is his tip also!
Next, side hustles are key to success because you must increase that gap between your income and expenses. He went extreme, but the principles still apply!
Then invest, invest, invest. You can’t save your way to retirement. Find the easiest way to invest for you and go for it.
None of these ideas are particularly new, but Ray is a full time teacher and he’s already made it to financial independence. You can too!