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Dear Smart Money People,

Do you ever wonder what it would be like if you could earn money without doing anything?

Wouldn’t it be awesome if your raise came from your investments, not if your boss thought you were doing a “good job” and “gives you” 2 – 4% raise. That actually covers the cost of inflation.

If you are all about your career and loving life, this post may not be for you. Read anyway, it may confirm what you already know or shed some light on a new perspective.


If you are the person that has done the baby steps, you have your $1,000, and you’ve paid off your debt, AND you have your 6 months of emergency fund saved. You are knocking it out of the park!!


Do you ever ask yourself “What if there is more?”


I’m here to tell you, there is. A lot more.


Part of our story is that we did all the baby steps, and yes, that was amazing. What it taught us was we could do hard things. We could spend within limits. We could live on one income and still have an awesome life. We could live below our means and still love our lives.


Then we noticed the other paycheck piling up in savings. Which of course is awesome BUT, it wasn’t really doing anything.


Bill has always had a flirtatious curiosity about real estate. How do you invest, what does that look like, could we create passive income from rentals? How do people do it?


We had money to invest. My concern was how far would it go and when would it pay off?


As with anything in life, the first steps is to ask yourself why you’re doing something? The why should lead to the what? What’s the goal? The next step is to identify what you need to learn to achieve your goal.


The steps:

  1. Why should I do this?
  2. What is the goal?
  3. What do I need to learn?


Bill and I looked at our cash savings and asked how can we maximize this money over the next 5-10-20 years and make it work for us?


The first thing we did was get smart about the opportunities. What would be the best investment and how could we stretch those dollars as far as possible? At first we looked at one property to invest, but our gut said that would be a one and done. Then we’d have to spend years stockpiling cash again to buy another rental. Unless we bought less expensive properties and bought more of them.


The purpose of this post is NOT to give investment advice but to spark the thought about what is next for you? Are 40 years of working, saving, 2-week vacations and 3% raises getting you out of bed every day with a “heck ya, let’s do this” attitude? Or do you have a nagging little voice in your head saying, “if we’ve come this far, where else can we go?”


Paying off debt, saving and tithing was not where we wanted our story to end. With the skills and discipline, you are learning now on your journey I encourage you to think BIGGER. Think a few years down the road. Budgeting and saving will be a way of life, but what else could that life look like?


There is so much more out there.


Think. Dream. Be. Do. Have.


Imagine how you can be a blessing to others when you have more to give because your money is working just as hard as you are!!


Tell me what you think of this post. Does it resonate with you? Do you want to hear more about our real estate investment journey? Leave a comment. We are here to serve.


You’ve got this.

Cheering you on all the way!



Karen and Bill


One thought on “What Now? Life After The Baby Steps”

  1. Great article. Really made me think. So I decided to crunch some numbers and thought others may benefit from what I learned. I always say my oldest money is my most valuable money. This is another way of saying start now don’t wait. But I decided to put it to the test, looking at actual results. My first year out of college (1994) I made $30,000 and invested exactly 50% into low cost S&P index funds. Today that Original 15,000 is worth close to 92,000 and is now growing at a rate of over 10,000 a year. Who wouldn’t want a $10,000 annual bonus for doing absolutely nothing. My investment portfolio out earns me by a wide margin and I don’t do anything complicated. Real estate is a great way to leverage faster growth and compound money even faster if you are smart with your investments and willing to put in the effort to nurture your investment. I can’t wait to learn more about your real estate strategies! Don’t forget the time to start is now! Your future self will thank you.

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