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.
- Here are the stories that we pulled the Tesla and Apple investment examples.
- Owning your own business doesn’t have to be an endeavor that requires a lot of capital and debt- you can even start one with zero dollars.
- And just in case anyone wanted to read about the guys who recreated the Dumb and Dumber mini bike trip.
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!
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