015: How to Organize Your Money with America’s Millennial Money Expert Robert Farrington

Robert Farrington with FamilyRobert Farrington is America's Millennial Money Expert and Founder of TheCollegeInvestor.com.

Robert is on a mission to help millennials get out of student loan debt and start building wealth for their future.

Robert is the quintessential master of his money. At such a young age in his early 30s he’s showing us all how it’s done. Really impressive.

In this episode, you’ll hear Robert share how he’s managed to pay off debt and make huge strides with his investing, the exact tools he uses to stay on top of his money and manage his investments, his savings goals, and his interesting strategy for buying his next car.

I left the interview with a list of to-dos for my own financial life. Get ready to be challenged.

Listen to This Episode with Robert Farrington

I hope you enjoyed that. A big thank you to Robert for giving us the gold today.

Share on Twitter

Show Notes

[1:45] How Robert keeps things organized in his financial life.
[7:30] Dealing with debt.
[10:00] Managing a debt payoff strategy with investing for the future.
[12:00] Buying his first house and saving for a $80k down payment.
[13:30] Life after paying off student loan debt.
[14:15] The surprising thing Robert says he's bad at when it comes to money.
[17:15] How Robert and his wife found a good mortgage rate.
[18:00] Financial goals for the future (retirement vs new home vs lifestyle).
[19:45] Managing a side-hustle (collegeinvestor.com) while working a full-time job.
[21:15] All of Roberts savings goals and accounts.
[22:00] Using 529 Plans for college savings.
[29:45] What it's been like working with a good CPA.
[31:00] What he's doing with his taxable investing account.
[33:45] The handy resources he uses for financial information.
[36:30] His strategy for buying his next car.
[41:00] Plans for wealth accumulation and his business.
[43:00] Thoughts on looking back on the journey so far.

Show Sponsor

This episode was sponsored by our list of The Best Robo-Advisors for Automated Investing. Visit ptmoney.com/robo/ for more information and to get started for free.

Links/Terms/Concepts from the Show

Full Transcript

Download the PDF Transcript

Watch the Video

Coming soon…

What's Next?

Have a question? Leave a comment below or use my contact form.

Thanks for listening to this episode. If you like what you hear, please subscribe to the show on iTunes. I want to improve the show, so please leave a rating and review. Tell me what you like and how I could improve.

…or Stitcher, Overcast, and Google Play

This show is part of the FinCon Podcast Network and was produced by Steve Stewart.

Get Notified

Sign up for free and I'll email you when a new episode is live. I'll also send you my free e-book and getting started series, along with monthly curated digests from the site and beyond.

Join 36,000 subscribers improving their financial life.

Subscribe for free. Get my book (31 Days to Improve Your Financial Life), intro series, and article digest.

Powered by ConvertKit
Last Edited: July 26, 2017 @ 11:27 pmThe content of ptmoney.com is for general information purposes only and does not constitute professional advice. Visitors to ptmoney.com should not act upon the content or information without first seeking appropriate professional advice. In accordance with the latest FTC guidelines, we declare that we have a financial relationship with every company mentioned on this site.
About Philip Taylor

Philip Taylor, aka “PT”, is a CPA, financial writer, podcaster, FinCon Founder, husband, and father of three. He created PT Money back in 2007 to share his thoughts on money and to meet others passionate about managing their finances. All the content on this blog is original, and created or edited by PT. Read more about Philip Taylor, and be sure to connect with him on Twitter, Facebook, or Google+. Listen to the new podcast, Masters of Money!

Speak Your Mind