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Millionaires Unveiled

190: Net Worth of 450K - Married Couple, 28 and 30 Years Old

Millionaires Unveiled

Jace Mattinson

Investing, Millionaire, Financialplanning, Business, Self-improvement, Education, Finance

4.8872 Ratings

🗓️ 14 June 2021

⏱️ 39 minutes

🧾️ Download transcript

Summary

Brian and Amy have a current net worth of just over 450K. They spend about 30K annually and have a combined income of 170K. They discuss their money conversations prior to marriage, paying off student loans, and how they both started investing. Brian and Amy share general advice and mistakes which includes starting investing faster, buying a smaller house, and being more intentional about one's finances.

Transcript

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0:00.0

And I wish when I got my first job out of high school being a custodian if I was just taking some of that paycheck and investing at 18, you know, 17, 18 years old to now and 10 years later, that would have been

0:17.2

phenomenal. It doesn't matter, it doesn't matter what you do, it's all about time and how early you start and just you know learning the

0:27.4

process that that would be my biggest biggest thing yeah I Educate yourself early and then start investing as soon as possible.

0:37.8

You're listening to the Millionaires Unvealed Podcast,

0:41.2

where you'll hear the stories and interviews of everyday

0:44.8

millionaires. We'll unveil their decisions, their strategies, and their current

0:50.8

portfolio allocation. Now to your hosts, Clark Sheffield and

0:55.6

J. Mattson. Welcome to the Millionaires and Villed Podcast. This is episode

1:00.3

of our 190 Clark. We're getting pretty close to 200 I can't wait for

1:03.5

our 200 million there coming up here on on episode 200 yeah yeah exactly

1:07.9

exactly talking 200 you're just talking used cars pretty crazy market right now right?

1:14.0

Yeah it's nuts I mean the between the pandemic causing shortages and all sorts of things

1:19.6

especially the chips that they go on some of these new vehicles.

1:23.0

Anyone that I've talked to that's either been in the market for a new car or has bought a new car recently,

1:28.0

everything was delayed for any of the new cars.

1:31.0

And on the used cars, it's been almost to what it has been with the

1:34.1

houses where it's been like almost a bidding order fast as they can get there and

1:37.2

buy it and pay cash and move on. It's getting pretty crazy.

1:40.9

Yeah I spoke to a friend who said they bought a car I think

1:43.7

over a year ago now and he's like look we we can't find I think they spent

1:47.3

22 or 25 or something and he said we can't find anything under 30 now I mean we could sell this car we put miles on and we could sell

1:55.0

this car that we about a year ago and make three four or five thousand dollars. So what's driving it? Is it just a ship shortage?

...

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