1342: The Razor's Edge: Lessons in True Wealth by J.D. Roth of Get Rich Slowly

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Self-improvement, Education, Business

4.5 • 1.3K Ratings

🗓️ 11 November 2020

⏱️ 10 minutes

🔗️ Recording | iTunes | RSS

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Summary

J.D. Roth with Get Rich Slowly gives some lessons in true wealth. Episode 1342: The Razor's Edge: Lessons in True Wealth by J.D. Roth of Get Rich Slowly J.D. Roth has been reading and writing about personal finance for a decade. Today he’s financially independent, but ten years ago, his money life was a disaster, with over $35,000 in consumer debt. He started turning everything around in 2004. By being the boss of your own life, you, too, can be the master of your own financial fate. The original post is located here: https://www.getrichslowly.org/the-razors-edge-lessons-in-true-wealth/ Visit Me Online at OLDPodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This is optimal finance daily episode 1342,
0:04.4	The Raisers Edge, lessons in true wealth
0:07.6	by J.D. Roth of Get Rich Slowly.org
0:10.9	and I'm your host and personal finance enthusiast, Diana Merriam.
0:15.0	This is the show where I read to you from some of the best blogs on personal finance,
0:20.0	every day, including weekends and holidays, like today.
0:24.0	It's Veterans Day here in the U.S.
0:26.0	so thank you to everyone who's served.
0:29.0	But for now, let's get right to it and continue optimizing your life.
0:35.0	The Raiser's Edge lessons in true wealth by J.D Roth of Get Rich Slowly.org
0:44.0	Our friends have a profound effect on our personal finance habits.
0:49.0	Some friends can lead us to spending and to debt.
0:52.0	Others offer insights into the virtues of... can lead us to spending and to debt.
0:52.5	Others offer insights into the virtues of thrift.
0:56.3	For me, my friend Sparky has been the latter.
0:59.6	Through his example, I learned that frugality
1:01.9	can help me achieve my goals.
1:04.0	Quote, develop a plan that is so amazing, so glowing, that you're willing to walk bleary-eyed to work every day
1:12.0	to make the money necessary to reach the light. That was Sparky's advice to
1:16.6	get rich slowly readers in 2006. After my friend Sparky graduated from
1:22.0	college he drifted.
1:24.0	He couldn't hold a steady job, and he didn't stay in one place for long.
	...

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