Listen "Ep 21: From $30K in Debt to 7 Figures: Money, Mindset, and Munger"
Episode Synopsis
In episode #21 of The Big Bo $how, Big Bo (a.k.a. Jason Blumstein, CFA) shares his story of going from $30K in debt to a 7-figure net worth. Financial freedom can feel like a pipe dream. But no matter where you start, you can build life-changing wealth.You just have to know what steps to take.Today, Big Bo shares those steps through actionable advice and mindset tips for anyone looking to grow their net worth.You’ll also hear about: How to evaluate risk/reward in your career and income potential Why personal values can make or break your perception of wealth Why legendary investor Charlie Munger believes investing is “so simple” The financial lessons all investors can learn from those who don’t come from moneyHope you enjoy the $how! Episode 21 Key Takeaways: 00:00 - The story of the 10-year-old investor 04:00 - A frugality lesson from NBA superstar Giannis Antetokounmpo 06:47 - The mindset that separates those who make a living from those who grow wealth 12:45 - Investing shrewdly and the benefits of the entrepreneurial spirit 19:19 - How a toxic environment can be a drag on your wealth 23:03 - Why investors must get comfortable with deferred gratification 25:28 - Bo Know$: Why tough starts to life and the NFL season don’t mean disasterThe content is developed from sources believed to be providing accurate information. The information in this podcast is not intended as tax or legal advice. Please consult legal or tax professionals for specific information regarding your individual situation. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security. Julius Wealth Advisors, LLC (“JWA”) is a registered investment adviser located in Englewood, NJ. Registration as an investment adviser does not imply a certain level of skill or training. The publication of The Big Bo $how should not be construed by any consumer or prospective client as JWA’s solicitation or attempt to effect transactions in securities, or the rendering of personalized investment advice over the Internet. A copy of JWA’s current written disclosure statement as set forth on Form ADV, discussing JWA’s business operations, services, and fees is available from JWA upon written request. JWA does not make any representations as to the accuracy, timeliness, suitability, or completeness of any information prepared by any unaffiliated third party, whether linked to or incorporated herein. All such information is provided solely for convenience purposes only and all users thereof should be guided accordingly. JWA is neither your attorneys nor your accountants and no portion of this podcast should be interpreted by you as legal, accounting, or tax advice. We recommend that you seek the advice of a qualified attorney and accountant.
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