How to Create Realistic Real Estate Investment Goals as a Couple
In this episode of Life by Design, Jessilyn and Brian dive into the essentials of setting achievable real estate investment goals as a couple. They emphasize the importance of mutual understanding and active involvement in goal-setting that fosters both support and helps avoid conflict. One important takeaway is their "sleep at night factor" philosophy—choosing investments that offer peace of mind over stress and overwhelm. Jessilyn and Brian break down three levels of wealth for listeners: financial security, covering expenses with passive income, and complete time and money freedom. They encourage couples to start small when setting goals and evaluating their current assets and skills. From there, listeners can build realistic 90-day action plans to maintain focus and momentum with incremental steps toward the larger vision. During the episode, they also explore strategies for aligning real estate goals with each partner's strengths and passions. They stress the importance of open communication and regular check-ins to track progress and adapt tasks and goals as needed. Additionally, they highlight the value of working with coaches and mentors to accelerate success, avoid common pitfalls, and provide clarity in decision-making. Whether you’re just starting out or looking to refine your real estate strategy, this episode provides actionable steps and expert insights to help couples achieve their financial goals together. Resources discussed in this episode: The 3 Mistakes that Keep High Achieving Couples from Building their Wealth, Freedom & Living a Life they Love -- Contact Jessilyn and Brian Persson | Discover Life By Design: Website: DiscoverLifeByDesign.ca Instagram: DiscoverLifeByDesign Facebook: Discover Life By Design Linkedin: Discover Life By Design -- TranscriptJessilyn Persson: [00:00:08] Welcome to the Life by Design podcast. We are your hosts, Jessilyn and Brian. Are you and your partner looking to align your financial goals and build wealth together? Have you ever wondered what might be stopping you from confidently investing in real estate or growing your wealth as a couple? Or why it feels so hard to get on the same page financially? Brian Persson: [00:00:30] That's exactly why we created this podcast, and the 'Riches, Relationships and Real Estate' program to help couples like you invest confidently and achieve both your financial and relationship goals. Curious to learn more? Visit discoverlifebydesign.ca to book your discovery call to build your customized wealth strategy. Let's create the life you deserve together. Jessilyn Persson: [00:00:56] Today's topic is, how to create realistic real estate investment goals as a couple. Brian Persson: [00:01:03] So why is this important? That's the question we always ask, what we're trying to output here is, why are these topics that we're covering important? Personally, I think that realistic real estate goals are important because real estate can be very intimidating. We've encountered a lot of couples where they just don't want to start. It's so threatening to them that they literally will not start in real estate at all. It's kind of one of those things where once you start lifting the weights, it gets easier and easier. I like to provide a framework that will give, basically, the realistic expectations. Where you just have to stretch yourself a little bit and not too far. Any thoughts on that? Jessilyn Persson: [00:01:50]