How to Focus with a Life Planning Retreat

Episode 170: Wanda He and Eric Yu both work in big tech; but after a weekend life-planning retreat, they set a goal of making $30k per month quasi-passively by 2030.

Guest Biography

Wanda is currently an Associate Product Marketing Manager at Google & Eric is an Android Engineer on the Instagram Stories team. As a couple, they're working together to generate $30k per month by 2030 in alternate income streams (mostly passive).

2 months ago, they decided to do a weekend life planning retreat to understand where they wanted to be 10 years from now. During that retreat, it became increasingly clear that family is #1. To enable a lifestyle where they wouldn't have to trade off family against work, Wanda and Eric realized that they needed income outside of their 9-5 jobs. During that weekend, they brainstormed all the ways they could start building out additional income streams.

Over the last 2 months, they've executed on their vision by:

• Buying a house and remodeling it 
• Designing the house specifically for AirBNB
• Making over 2x the mortgage in their first month on AirBNB while living in the guest house out back (completely eliminating their rent costs)

     

Show notes: http://www.inspiredmoney.fm/170

Find more from our guest:

• Instagram
• Wanda's LinkedIn
• Wanda's Facebook
• Eric's LinkedIn
• Eric's Facebook 
• first AirBNB: https://www.airbnb.com/rooms/46092444

Mentioned in the episode:

• Book: Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not!
• YouTube: Meet Kevin
• YouTube: Graham Stephan
• YouTube: Charlie Chang
• Asian Hustle Network

Tune in to the live recording with Guy Kawasaki on December 3, 2020

• Special Inspired Money ep. 171 - Miso Soup For The Soul with Guy Kawasaki
• Hālāwai - Maui Ola Gatherings
• Join the Inspired Money 30-day Fear Challenge

Inspired Money Flashback:

• IM 027: Happily Retired in Their 40s by Spending Less | Tim and Amy Rutherford

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Special thanks to Jim Kimo West for the music.