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b"#75: Financial Samurai and bestselling author, Sam Dogen, joins Chris to discuss ways to maximize wealth-building and live life on your own terms. They cover Sam\\u2019s 70/30 rule for decision making, how Sam engineered his own layoff and the principles you can use to do it yourself, how real estate can be a significant source of passive income, and why we should all consider having our own online real estate, small business, or side hustle.\\nSam Dogen (@financialsamura) engineered his own layoff after working for 13 years in corporate america and created Financial Samarai, one of the largest independently-owned personal finance sites in the world. His Wall Street Journal bestselling book is Buy This, Not That: How to Spend Your Way to Wealth and Freedom.\\nFull show notes at: https://allthehacks.com/financial-samurai-sam-dogen\\n\\xa0\\nPartner Deals\\xa0\\nPacaso: Free early access to listings and $2,500+ in closing credits\\nFor all the deals, discounts and promo codes from our partners, go to:\\xa0allthehacks.com/deals\\n\\nResources Mentioned\\nConnect with Sam Dogen: Financial Samurai | Twitter\\nSam Dogen\\u2019s Books:\\n\\nBuy This, Not That: How to Spend Your Way to Wealth and Freedom\\n\\nHow To Engineer Your Layoff\\n\\nResources Mentioned:\\xa0\\n\\nPacaso\\n\\nThinking in Bets: Making Smarter Decisions When You Don't Have All the Facts\\n\\nPodcasts Mentioned:\\nAll the Hacks #19: Becoming a Better Investor with Andy Rachleff\\n\\nTravel Recommendations:\\n\\nMalaysia\\n\\nKuala Lumpur\\n\\nNational Palace\\n\\nBatu Caves\\n\\nPulaus\\n\\nPenang\\n\\nRedang Island\\n\\nThe Taaras Beach & Spa Resort\\n\\nAngkor Wat, Cambodia\\n\\nSoutheast Asia\\n\\nMajorca, Spain\\n\\nAmsterdam\\n\\n\\xa0\\nFull Show Notes\\n(1:43) The Point of Financial Optimizations: Why Money Isn't the End Goal\\n(3:30) Engineering a Layoff and Choosing an Alternate Career Path\\n(5:53) Negotiating Severance Pay and Differentiating Between the WARN Act and Severance\\n(12:36) Sam Shares the Core Principle He\\u2019s Held Since Middle School\\n(14:19) Thinking in Probabilities and Not Absolutes: Sam\\u2019s 70/30 Rule\\n(20:15) Earning Passive Income with Real Estate in Your Portfolio\\n(26:59) Choosing an Adjustable-Rate Mortgage for Sensible Reasons\\n(33:04) Strategies for Successful Vacation Property Purchases and Lessons in Income Forecasting\\n(36:34) Establishing Your Presence Online in Real Estate\\n(38:27) Venture Capital Demystified: Understanding VC and How It Works\\n(45:12) Personal, Financial, and Tax Benefits of Running a Business\\n(48:24) Selecting a Retirement Plan and Health Insurance as a Business Owner\\n(52:21) Navigating Finances When Including a Partner in Your Business\\n(54:33) Reasons for Residing in High-Income Tax Areas\\n(57:58) Sam's Travel Recommendations\\n(59:35) Exploring Malaysia: What to See and Do\\n(1:01:13) Chris's ATM Misadventure During His Backpacking Trip in Malaysia\\n(1:02:48) Contributing to Your Child\\u2019s 529 College Savings Plan\\n(1:05:05) Choosing Between Public and Private Education Routes\\n(1:07:43) Where to Find Sam Dogen Online\\n\\xa0\\nConnect with All the Hacks\\nAll the Hacks:\\xa0Newsletter\\xa0|\\xa0Website\\xa0|\\xa0Membership\\xa0|\\xa0Email\\nChris Hutchins:\\xa0Twitter\\xa0|\\xa0Instagram\\xa0|\\xa0Website\\xa0|\\xa0LinkedIn\\n\\nEditor\\u2019s Note: The content on this page is accurate as of the posting date; however, some of our partner offers may have expired. Opinions expressed here are the author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post."