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Millionaires Unveiled

374: Net Worth Of $1.05M - I Allow Money To Be A Tool I Use, But I Don't Let It Possess Me

Millionaires Unveiled

Jace Mattinson

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

4.8872 Ratings

🗓️ 9 September 2024

⏱️ 47 minutes

🧾️ Download transcript

Summary

Summary

Josh is a newly minted millionaire with a net worth of $1.05 million. He shares his journey from the Marine Corps to working in finance and investing. He discusses his background, his financial milestones, and his evolving investment strategy. Josh emphasizes the importance of financial freedom and the need to constantly evolve and adapt in the world of investing. He also shares his perspective on wealth and the value of time. Josh's story highlights the power of perseverance, self-education, and taking calculated risks.

Takeaways

  • Financial freedom is a powerful motivator and can lead to a fulfilling and successful career in finance and investing.
  • Taking calculated risks and constantly evolving your investment strategy can lead to significant financial growth.
  • Wealth is relative, and it's important to define your own financial goals and priorities.
  • Money is a tool that should be used to create freedom and enjoyment in life, rather than being possessed by it.
  • Integrity and genuine relationships are key to success in both personal and financial endeavors.

Transcript

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0:00.0

how does that help right so I'm gonna be like so it was this kind of moment of like a little bit of fear like I'm gonna go back into the job workplace and be like yeah I worked for my family dropped out of college

0:11.0

joining the Marine Corps and did that for nine years and have

0:14.1

starting over, right? Yeah. Almost 30 and I was like, oh crap like and I had enough

0:20.1

confidence to believe that I could get out and go do something else and I felt like it was time for myself to do that to be happy and family.

0:27.5

I didn't want to just stay because of the financial security, but I was at, I was also like, emotionally prodded into action, like you've got to learn something

0:37.2

and figure out and become competent at something else because you're going to walk away from this.

0:41.7

I think one of the things we have to fight in life

0:44.6

is the concept that we always need more.

0:48.4

It's always just a little bit more, a little bit more.

0:51.4

And that can be healthy because drive you to success and you can reach

0:56.4

goals you didn't think were possible 10 years ago but the most finite resource in this world is not money. It's time and so when you're always going a little bit more

1:08.7

You're there's something else that you could be doing with your time, right? I don't allow I allow money to be a

1:16.0

tool that I use but it doesn't begin to possess me. That's my goal.

1:20.3

Welcome millionaires and future millionaires.

1:23.5

You're listening to the Millionaires Unveiled Podcast.

1:26.3

The show where you'll hear the stories and interviews of everyday millionaires will unveil their

1:30.8

decisions, their strategies, and their portfolio allocations.

1:35.4

Now to your host, J. Mattingen,

1:40.9

Welcome back to another episode of the Millionersville Podcast. This is episode

1:44.4

number 374. This is the podcast where everyday millionaires come dish out the

1:49.6

deats about their investments, wealth-building secrets, and of course, they're blunders.

1:54.0

We are your host, Jason Stacy, as we dive into the completely unscripted world of millionaires who could

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