Robb Engen from the popular personal finance blog Boomer and Echo and I chat in this episode of the More Money Podcast about how he turned his passion for personal finance into a means of reaching early retirement.
I’ve known Robb and his blog for a while, but it wasn’t until I heard him speak at this year’s Canadian Personal Finance Conference that I knew I needed to chat with him on the podcast.
Robb started his blog along with his mother Marie Engen, a certified financial planner, in 2010. He read a lot of personal finance blogs and eventually felt compelled to add his two cents to his own blog. What started out as a hobby turned into a second job where he earns thousands of dollars per month on top of his full-time salary.
Not only does his blog help provide for his family while his wife stays at home with their two young daughters, but it is also helping them both achieve they’re big goal of retiring early so they can enjoy the fruits of their labour sooner rather than later.
On top of blogging, Robb also writes a column for the Toronto Star and offers fee-only advice as a financial advisor on the side.
I remember someone asking him at the conference how he manages it all with a young family, and his answer was simple — it’s a lot of work, but he makes the best use of his time. It’s not easy balancing a full-time job with a few extra jobs on the side, but if it eventually leads to more money in the bank and the possibility of early retirement, well, I’d much rather work crazy hard in my 20s and 30s to be financially free in my 40s, 50s and beyond. Props to you Robb!