Kasey Ingram Empowers You to Find Financial Freedom Ep #145

Summary – Find Financial Freedom With Kasey Ingram

Kasey Ingram was raised by separated parents who were considered below the poverty line. One parent was terrible with money, and the other thought that saving and being frugal was the path to wealth. 

He was an unusual kid, who never gave the “I want to be a police officer or firefighter, when I grow up” answer.  Instead, Kasey wanted to be a stockbroker. Even as a young child, he preferred to look at the stock graphs in the newspaper, over the cartoon section.

When Kasey was about six years old, his dad did his best to fuel this budding curiosity by getting Rich Dad Poor Dad audiobooks, and the CASHFLOW board game. Kasey played the children’s version of the game twice before he got bored and asked if there was a more advanced version. So, his dad purchased the adult version, and Kasey absolutely loved it!  It’s still his favorite game to this day. 

The power of the game was that it allowed Kasey to see opportunities everywhere, and once you learn to see those, it doesn’t go away! Kasey started using stock trading simulators to trade with fake money, and he began researching the strategies of the financially wealthy. 

This youngster started working alongside his dad around the age of eight, in the family side business of presidential landscaping. That allowed Kasey to save up money for large purchases, like a laptop, but he still didn’t have access to stocks because of his age. 

Kasey opened an IRA account through his bank, at the age of 15 or so, but was shocked at the $5 trading fees, when he had very little to invest in the first place. Eventually, the Robinhood app became available, and access to free trades caused a huge shift. 

There were many basic financial principles that he implemented over the years that allowed him to make significant progress.  Kasey’s goal now is to share those principles with others, so that their lives can have radical changes that direct them toward financial freedom as well. 

In this episode of How To Trade It, Kasey and Casey discuss practical and simple principles that will bring financial freedom within reach.  You don’t want to miss it! According to Kasey Ingram, you can find money anywhere, if you know where to look for it. Join us on this episode of How To Trade It to find out more! #Finance #Stocks #RealEstate #Investing #FinancialFreedom Share on X

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Disclaimer: Trading carries a high level of risk, and may not be suitable for all investors. Before deciding to invest you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment. Therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

You’ll want to listen to this episode, if you are interested in hearing Kasey Ingram discuss…

• [01:17] Learning to be responsible
• [03:44] Cashflow Quadrant
• [06:01] What’s your end goal?
• [07:11] Making trading an investment instead of a job
• [09:37] Multiple streams of income
• [10:40} Plans for a “tips & tricks” course
• [11:28] It’s never a bad idea to help people
• [15:47] Investing in yourself
• [16:40] Consistency & discipline
• [17:25] Start growing your wealth
• [19:01] Getting out of financial difficulties
• [22:45] Pleasure vs. delayed gratification
• [25:23] Be careful who you listen to
• [27:56] Pursuing a mentor

The Cashflow Quadrant

If you are interested in achieving financial freedom, The CASHFLOW Quadrant is a must-read.  The simple graphic upon which this book is based, represents four different methods of revenue generation.  Each of these different methods comes with its own unique technical skill set, educational path, and personality for which it is best suited. 

If you are an Employee, you have a job.  If you are Self-Employed, you basically own a job.  Business Owners, own a system and people work for them.  When you become an Investor, money works for you. Ultimately, if you want to achieve financial freedom, you need to learn how to generate passive income through various diversified avenues, so that you are not tethered to a job for the rest of your life.

Consistency & discipline

If you want financial freedom and to live as a financially responsible adult, you must embrace the ideas of consistency and discipline.  If you don’t, the result is irresponsible spending, debt, and poor financial practices that can quickly spiral out of control.  It won’t matter, if you make a million dollars, if you don’t have the discipline to spend that money wisely.  

Resources & People Mentioned

• Rich Dad Poor Dad by Robert T. Kiyosaki
• Rich Dad’s CASHFLOW Quadrant by Robert T. Kiyosaki
• Mint (budget tracker/planner)
• Bitcoin & Finance 101 with Natalie Brunell (podcast episode)
• Graham Stephan
• Andre Jikh

Connect with Kasey Ingram

• YouTube:      https://youtube.com/channel/UCdUcR_a7Npsta9Tna0GWpXg 
• LinkedIn:       https://www.linkedin.com/in/kaseyingraminc (main contact)
• TikTok:          https://www.tiktok.com/@kifinance

Connect With Casey Stubbs

• Website:      https://caseystubbs.com
• Website:      https://tradingstrategyguides.com/
• YouTube:     https://www.youtube.com/TradingStrategyGuides
• YouTube:     https://www.youtube.com/caseystubbs
• Twitter:        https://www.twitter.com/caseystubbs
• Facebook:   https://www.facebook.com/TradingStrategyGuides
• LinkedIn:     https://www.linkedin.com/in/caseystubbs/   

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Kasey Ingram also started using Acorns, with the change from rounding up purchases, for investing. He began using Betterment, and other similar apps, to calculate the potential growth of stocks. In 2019, when Kasey started using the Robinhood app heavily, and he finally had retirement accounts with stock portfolios of his own choosing, he started seeing some nice returns. 

By March 2020 however, at the start of the global pandemic, Kasey was using a margin account, and he had to dump his savings into that Robinhood account to prevent a margin call almost every day.

Eventually, that bounced back and Kasey sold at about 300% profit (which was about 11K). He used the proceeds from that rebound to fund his first real estate purchase of a 3 bed, 2 bath home in Portland, Oregon, at the age of 22.  Kasey rented out two of the rooms to help cover the mortgage. He then bought his second house, only 11 months later, and rented out two or three rooms again, while renting the first home completely. 

Kasey married about a year and a half later and sold the first home, in order to fund the purchase of their current home, which is being converted into a non-conforming duplex. Kasey continues to trade stocks across multiple portfolios, but there is no doubt that stocks have sent his life on a trajectory toward financial freedom that it never would have been on without them.