Embracing with the DIY Mindset and Become Financially Independent with Mike and Lauren




Couple Money Podcast: Build Your Marriage and Wealth Together  show

Summary: Learn how embracing DIY into your life can help you become financially independent. See how Mike and Lauren were able to travel and save more with frugal and savvy habits.<br> [smart_track_player url=”http://traffic.libsyn.com/couplemoney/Embracing_the_DIY_Mindset_with_Mike_and_Lauren.mp3″ social=”true” social_twitter=”true” social_facebook=”true” social_gplus=”true” ]<br> <br> Subscribe to Couple Money Podcast via <a href="https://itunes.apple.com/us/podcast/couple-money-podcast-build/id924656111">iTunes</a>, <a href="http://www.stitcher.com/podcast/elle-martinez/couple-money-podcast?refid=stpr">Stitcher</a>, or copy <a href="http://couplemoneypodcast.com/feed/podcast/">this link to use </a>with a podcatcher of your choice. You can also find me hanging out on <a href="https://twitter.com/CoupleMoney">Twitter </a>and <a href="https://www.facebook.com/couplemoney">Facebook</a>.<br> <br> DIY and the Financially Independent Lifestyle<br> <br>  <br> One thread that I’ve seen with couples who are financially independent or well on their way is their DIY mindset.<br> With licensed professionals charging $80-$150/hour, the financial benefits of doing things yourself can be huge. When you get estimates for car repairs or home projects, a huge chunk is usually labor.<br> There are certainly times when I’d want a licensed professional to take care of the work. But what if you could take on some of the labor yourselves?<br> How much money do you think you can save? What do you think you could do with that money?<br> For Mike and his wife Lauren, they found that a frugal and do it yourself lifestyle allowed them to do more of what they love and move them closer to financial independence.<br> This DIY mentality started shortly after they got married. While Mike had grown up building stuff, Lauren was a beginner. But that didn’t stop her from picking up some skills.<br> Taking on projects themselves help them grow their net worth. Some of the money saved is going towards retirement while some towards more immediate goals such as traveling.<br> Embracing DIY Show Notes<br> <br> * How DIY can save you a ton of money<br> * Mike and Lauren’s first projects together<br> * How they were able to backpack around Europe<br> <br> Selected Links from the Episode:<br> <br> * <a href="https://www.youtube.com/watch?v=y3s0Ux2pTwk">Ways We Save Money For Early Retirement</a><br> * <a href="https://www.youtube.com/watch?v=y1eiFmoij5A">Does Homesteading Save Money? feat. BABY GOATS!!!</a><br> <br> Thank You for Your Support!<br> Couple Money Podcast is made possible because of listeners like you. Every tweet, Facebook like, rating, and review gets the word out. You can also <a href="https://www.patreon.com/ElleCMP">become a patron</a> and support the show. For a $1 or more a month, you can get behind the scenes access and extra bonuses.<br> Know Your Numbers with Personal Capital<br> This podcast is brought to you by <a href="http://couplemoneypodcast.com/PersonalCapital">Personal Capital</a>, a free tool to not only quickly and easily track your net worth, but also analyze your portfolio. <br>