Bridget Casey - Mindset|SelfWorth|Your First 100k

Bridget Casey talks about stagnant wages, gender pay gaps, wealth inequality, the immorality of billionaires, FIRE, Coast FIRE, and the importance of your first 100k (sixfigurestockportfolio.com and moneyaftergraduation.com) She’s brutally honest, vulnerable, and puts the cash in the Kardashians. She’s been featured in Time magazine, Forbes, Macleans, MoneySense, Globe and Mail, Yahoo Finance, BNN, CBC and of course, Ratehub.ca

 

Find her on Instagram and Twitter @bridgiecasey 

 

[0:00 - 2:44] Introduction

[2:45 - 4:46] MONEY MISTAKE OR MAKEUP

[4:47 -  6:06] How should we think about money? How do we get to that ideal money mindset? What is the ideal mindset? 

 

[6:07 - 12:00] What are ways you can earn more money? 

 

[12:01 - 19:59] We often associate money with our self-worth, our identity, our jobs - this person makes more than me, so therefore they are better than me. How can we achieve a level of comfort in our money decisions? How can we disassociate money from our self-worth and be ok buying things? If we are what we value, how should we define value?

 

[20:00 -22:28] Why do men want to mansplain money to you? Women have a place in money and are allowed to take up space and share their expertise in this field. 

 

[22:29 - 24:55] How do we close the gender pay gap? How do we close the gender wealth gap?

 

[24:56 - 26:44] What political policies would you like to see in place to help close the gender pay gap? 

 

[26:45 -  39:44] LEVITY BREAK

1. The Poverty line is set arbitrarily low by governments & economists to gaslight people who are struggling to survive into believing that they do not deserve social safety nets because they do not need them.  Please explain. 

 

1. “What we think sustains our current economic system: Hard Work. 

What actually sustains our current economic system: unpaid labour of women at home, white supremacy, the patriarchy, generational wealth, environmental destruction, failure to implement a fair tax system, and war.” Bridget, why did you post this? Give me the underlying message behind it all. 

 

1. I don’t get people like bezos. If I had a billion of dollars, I would impulsively start fixing shit. Homeless vets? I don’t think so. Hungry children? Not on my watch. He could be Batman, what a waste. AND CNN’s headline - World’s largest tax avoider takes joyride to second place.  Can you provide some insights into why people are commenting in such a way? 

 

1. If you bought a Tesla model S in 2012, your $77,000 car would be worth approximately $40,000 today. If you had invested the same $70,000 in Tesla stock, you would have over $7 million today.

[39:45 - 40:30] What is FIRE? 

 

[40:31 - 41:41] What is Coast FIRE? 

 

[41:42 - 42:59] Have you hit Coast FIRE? 

 

[43:00 - 44:59] Are you going to work until you’re 65? 

 

[45:00 - 45:50] What is the 4% rule? 

 

[45:51 - 47:04] What is geographic arbitrage? 

 

[47:05 - 51:09] On the value of your first $100,000

 

[51:10  - 54:11] What is the easiest way to your first $100,000?

 

[54:12 - 56:12] How do I start DIY investing? 

 

[56:13 - 1:04:42] RAPID FIRE QUESTIONS

• What’s in your wallet? 
•  A book everyone should read? 
• What was your first job and what did you learn from it?
• What is a commonly held belief about your industry or space that you passionately disagree with? 
• If you had one tweet that everyone in the world would read, what would it say?  
• What’s your number (to walk away from it all and live financially independent, never worry about money again?) 
• If you had no obligations and no shortage of money, what would you spend your time going? 
• What do you want to be known for when you die? 

 

[1:04:43 - 1:05:32] Outro