passive income unlocked with Sujata Shyam On the New York City Podcast Network

488. Building A Financial Foundation For Empowerment With Whitney Elkins-Hutten

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How can you break free from the traditional 9-to-5 grind and create a life that allows you to prioritize what truly matters In this segment of Mindset Shorts Suja welcomes back Whitney Elkins Hutton to discuss her journey towards achieving financial and time freedom Whitney shares her personal experiences and the turning points that led her to realize the importance of being present for her family and having the flexibility to make choices that align with her values Throughout the conversation they explore the concept of the five freedoms – financial time choice location and impact – and how building a solid financial foundation can unlock these freedoms Whitney emphasizes that while the journey may not be overnight with determination and the right strategies it is possible to break free from the traditional 9-to-5 and create a life on your own terms Whitney Elkins-Hutten is the Director of Investor Education at PassiveInvesting com Founder of AshWealth com author of Money for Tomorrow How to Build and Protect Generational Wealth published with BiggerPockets co-author of the international 1 bestseller Resilient Women in Life and Business host of the Passive Investing Made Simple YouTube show and podcasts and a partner in 800MM in real estate including over 6500 residential units 15 express car washes and more than 2200 self-storage units across 11 states and experience flipping over 5MM in residential real estate 00 00 00 – 00 02 00 The Turning Point Whitney s Father s Health Crisis – Whitney shares how her father s health crisis in 2002-2003 was a turning point in her journey towards time and financial freedom – She realized the importance of being there for her family during tough times – This experience made her question the traditional work structure and its limitations 00 02 00 – 00 04 00 Scaling Up and Facing Layoffs – As Whitney s daughter was born she sought more flexibility in her schedule and began investing in real estate – In 2017 her department faced layoffs and she was eventually served a pink slip after dedicating long hours to the company – This experience further solidified her desire to create a life with more control over her time 00 04 00 – 00 06 00 Tasting Freedom and Never Looking Back – After being laid off Whitney took an extended camping trip with her family and realized the power of saying no to immediate job offers – She discovered the empowerment that comes with having the financial foundation to make choices that prioritize her family and well-being – Once she experienced this freedom she knew she could never go back to the traditional work structure 00 06 00 – 00 08 00 Building a Financial Foundation for Empowerment – Whitney emphasizes that while she didn t have a substantial passive income at the time her financial foundation allowed her to say no for a period of time – She discusses the importance of building a solid financial foundation to gain the ability to set boundaries and make empowered decisions – Whitney shares how she continued to prioritize her family s needs even as she transitioned into full-time real estate investing 00 08 00 – 00 11 00 The Five Freedoms Unlocking a Life of Choice – Suja and Whitney discuss the five freedoms financial time choice location and impact – They explore how financial freedom can be the key to unlocking the other freedoms – Whitney encourages listeners to identify which freedoms they truly desire and to work towards creating a life that aligns with those values Quote – Feeling empowered that you have the right financial foundation and the right amount of passive income coming into where you can actually set some boundaries for yourself is so empowering – Whitney Elkins Hutton Connect with Whitney Website PassiveInvestingwithWhitney com WANT TO LEARN MORE Connect with me through LinkedIn Or send me an email at sujata luxe-cap com Visit my website www luxe-cap com or my YouTube channel Thanks for tuning in If you liked my show LEAVE A 5-STAR REVIEW like and subscribe Click here to visit this podcast episode

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