Now, we’re not guaranteeing that this episode is going to change your life as much as holding a brand new baby in the hospital changed our perspective as new fathers- but it might! There are times when our worlds are completely rocked and we feel that the concept of ownership and the way that we discuss it during this episode has the potential to radically change the trajectory of your journey to financial independence. After this episode you’ll know the difference between making a purchase or making an investment, how saving money can actually make you poorer, and some of the different ways you can become an owner. And then finally we discuss what it takes for you to realize wealth building through ownership.

And regardless of where you are on the path to financial independence, we believe in the responsible use of credit cards. It’s smart to utilize the additional benefits that credit cards offer- for instance the $750 welcome offer that comes with the Chase Sapphire Preferred Card. This is no joke- I’ve already done this myself which we discussed on a recent episode after I met the initial spending requirements of $4,000 over 3 months!

During this episode we enjoyed a Money Blend by American Solera- thanks to James for donating this one to the podcast! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!

Best friends out!

* Advertiser Disclosure: How to Money has partnered with CardRatings for our coverage of credit card products. How to Money and CardRatings may receive a commission from card issuers.
* User Generated Content Disclosure: Responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.

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