PhREI Network Roundup | 10-15-2021

In today’s roundup, we hear reasons to invest in short term rental, simple steps to automate your finances, and a startling change in net worth.

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Carpe Diem MD

In this post, Ian Cook talks about the many reasons why they invest in short term rentals. For one, it allows them easy access to the slopes for snowboarding! And of course, it also provides a secondary source of income and generational wealth.

Read all about it on Carpe Diem MD: This is Why We STR

The Darwinian Doctor

You’re busy. The last thing you need to be doing is micromanaging your bills and flows of money. I recommend you set it and forget it! In this post, I break down the three steps to do just that. The steps are:

  1. Arrange direct deposit for your paycheck
  2. Set automatic transfers to your saving and investing accounts
  3. Autopay all your recurring expenses

Read all the details in my post: 3 Simple Steps to Automate Your Finances

The Prudent Plastic Surgeon

In this satisfying post, Jordan Frey outlines the change in his net worth in the last year. It’s pretty startling, and demonstrates the impact of high income, intentional spending, and investment.

Read the post on the Prudent Plastic Surgeon: Net Worth Update: From -$400K to +$400K in 14 Months

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