From Hairdresser to Millionaire by 30 with Myra Oliver | 592

Myra Oliver has a fascinating story. Not only is she a Kentucky girl that at the age of 22, she wanted true freedom from debt and consumerism, she earned enough passive income as a hair stylist through saving and real estate investing, became a self-made millionaire, and retired in her 30’s. She is back in the marketplace today with another real estate empire and she wrote the book, Down Home Money, to help more people achieve the freedom she has.

Key Talking Points of the Episode

[01:24] Who is Myra Oliver?
[02:23] What got me interested in Myra’s story?
[04:33] What is Down Home Money about?
[06:00] What was the vision that pulled Myra forward?
[07:16] How did Myra and her husband celebrate their freedom?
[11:07] Why did Myra not invest much in her vehicles?
[14:30] How does Myra live what she teaches? 
[15:15] What should people be spending their money on?
[16:19] What does Myra want to do in the next 50 years?
[17:05] How do you achieve financial freedom?
[18:48] What does it take to actually become successful?
[21:42] How can people get in touch with Myra?

Quotables

“I think that I am a firm believer it’s not how much money you make. It’s how much money you keep and what you do with it.”

“Whenever you say yes to something, you’re saying no to something else and that’s usually family.”

“A car is just not an asset. I’d rather my money make money.”

“You have to teach what you preach and live it.”

“It truly is how much money you keep and what you do with it, it’s not how much money you make.”

“It just shows that if you just do it consistently, you know, monthly investments, the compounding effect can change your life.”