AIE 116: How to Create Financial Samurai Net Worth
Adulting Is Easy: Making Personal Finance & Real Estate Easy
English - July 12, 2022 12:22 - 31 minutes - 29.5 MB - ★★★★ - 7 ratingsSelf-Improvement Education Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
This week, Lauren interviews Sam about his new book Buy This, Not That. They cover what a financial samurai is (see core principles below) and then dive into three different ways to allocate net worth, with the main difference being how much you want to bet on yourself. Learn how to take action with 70% probability of success (and why that's enough) and also how to "forecast your misery." This was a fun conversation and you'll definitely love it.
Core Financial Samurai Principles:
1) Never fail due to a lack of effort
2) Always maintain an abundance mindset
3) Depend on no one but yourself to succeed
4) Know you deserve only what you’ve earned
5) Give without asking for anything in return
6) Know there’s often a solution to a difficult problem
7) Think in probabilities, not absolutes
About Sam:
Sam Dogen started Financial Samurai in 2009, a personal finance site about helping you reach financial independence sooner rather than later. He worked in investment banking for 13 years before negotiating a severance in 2012 to break free from the corporate world. During the pandemic, Sam wrote a new book entitled, Buy This, Not That: How To Spend Your Way To Wealth And Freedom. When Sam is not writing, he's busy playing with his two young kids in San Francisco.
Connect with Sam:
https://www.financialsamurai.com/
Buy the book:
https://www.financialsamurai.com/btnt
Sponsored by:
Jasmine Mortgage Team