Manage episode 517890087 series 3672511
How do you build wealth when your income changes every month?
In this episode of The Real Wealth Formula Podcast, Brad Hovis sits down with Kyle — a 33-year-old actor, voice talent, and coach who earns around $2,000 a month, has no debt, over $100K invested, yet still doesn’t feel financially free.
💡 Key Takeaways
Why wealth isn’t about how much you make — it’s how much you need
How Kyle became debt-free with over $100K invested on a $2K/month income
The formula to reach financial freedom even with inconsistent paychecks
Why passive income brings stability when your income doesn’t
How to grow wealth without sacrificing calling, creativity, or faith
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⏳ Chapters
00:00 – Introduction
02:10 – Actor, Coach & $2K/Month Income
04:30 – Debt-Free but Not Wealthy Yet
07:15 – What Real Wealth Actually Is
09:40 – Passive Income vs. Active Income
12:00 – How Much Do You Really Need Per Month?
15:25 – Breaking the Survival Mindset
18:10 – Why Kyle Still Feels Financial Pressure
21:30 – Budget Breakdown & Real Numbers
24:55 – $100K in Investments at 33 Years Old
27:40 – Why Income Isn’t the Problem
30:20 – The Formula to Reach Real Wealth Faster
33:00 – How to Enlarge Active Income
36:15 – Creating Predictable Cash Flow as a Creative
39:05 – Investing vs. Hoarding Money
42:00 – What If You Only Needed $3K a Month?
45:10 – Faith, Purpose & Financial Calling
48:20 – Real Wealth Rating
51:00 – What Kyle Must Do Next
53:30 – Closing Thoughts
54 episodes