192: Net Worth of 1.8M - Saving 50% of Gross Income
Millionaires Unveiled
Jace Mattinson
4.8 • 872 Ratings
🗓️ 28 June 2021
⏱️ 48 minutes
🧾️ Download transcript
Summary
Jay has a net worth of 1.8M. He and his wife both have government jobs working for the department of defense. He saves 50% of his gross income and lives off of 20% of his gross income. He attended the Air Force and discussed the importance of marrying the right person. Jay also shares thoughts on risk tolerance, real estate investing (he has no real estate), living debt free, frugality and teaching children positive financial behavior.
Transcript
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| 0:00.0 | And I think this is such a huge part of the equation for people who aren't married is choosing the right spouse. |
| 0:07.0 | You know, I just don't think, I don't think we can understate that or overstate that, you know, like that that is a huge part of the equation and she's really been a blessing. |
| 0:16.7 | She's trusted me to kind of lead us in that direction and that was a real struggle at first. |
| 0:26.0 | You're listening to the Millionaires Unvealed Podcast, where you'll hear the stories and interviews of everyday millionaires. |
| 0:31.0 | We'll unveil their decisions, their strategies, and their |
| 0:35.8 | current portfolio allocation. Now to your hosts, Clark Sheffield and |
| 0:41.0 | J. Mattsonson. |
| 0:47.0 | Welcome back to another episode of the Million News & Ville Podcast. This is episode number 192. |
| 0:49.0 | Clark, how's it going? |
| 0:50.0 | What's going on in your world? |
| 0:51.0 | Good man, how are you doing? |
| 0:53.2 | You're crazy with me here. |
| 0:54.7 | Yeah, doing great man, just rocking and rolling here in the summertime. |
| 0:58.0 | We're getting close to episode 200, getting super excited for that obviously. |
| 1:01.8 | We've got a lot of fun things we've been putting |
| 1:03.6 | together in the pipeline for the podcast and you and I personally coming up here this |
| 1:08.2 | summer and into the fall so we've got a lot of great things to announce here pretty |
| 1:11.6 | soon real excited about that. lot of great things to announce here pretty soon. |
| 1:13.0 | Real excited about that. |
| 1:14.7 | Yeah, and then with the fall starts school, obviously again. |
| 1:18.9 | And I saw an article this week talking about introducing personal finance education |
| 1:25.6 | into more elementary and junior high schools and high schools or not |
... |
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