1403: Getting Rich Is About Willpower: Why Give Up When You Can Keep On Going by Sam of Financial Samurai

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Self-improvement, Education, Business

4.4 • 1.3K Ratings

🗓️ 11 January 2021

⏱️ 10 minutes

🔗️ Recording | iTunes | RSS

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Summary

Sam of Financial Samurai insists that getting rich is about willpower. Episode 1403: Getting Rich Is About Willpower: Why Give Up When You Can Keep On Going by Sam of Financial Samurai Sam Dogen's net worth took a beating in 2009 as the world was falling apart. He thought it would be a good idea to start a personal finance site to help himself and others make sense of chaos. After all, he had spent 10 years working in the finance industry, got his MBA from Cal, invested and saved aggressively, and still got financially rocked! Since then, more than 20 million visitors have stopped by FinancialSamurai.com. The original post is located here: https://www.financialsamurai.com/getting-rich-is-about-willpower/ Please Rate & Review the Show! Visit Me Online at OLDPodcast.com and in The O.L.D. Facebook Group Join the Ol' Family to get your Free Gifts and join our online community: OLDPodcast.com/group Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This is optimal finance daily episode 1403.
0:04.0	Getting rich is about willpower.
0:06.2	Why give up when you can keep ongoing
0:09.2	by Sam of Financial samurai.com
0:12.2	and I'm your host and personal finance
0:14.4	enthusiast Diana Merriam. Happy Monday to you and thanks so much for starting your
0:19.4	week with me here on optimal finance daily. This is the show where I serenage you
0:24.3	with the sweet sounds of personal finance knowledge
0:26.9	from some of the best blogs on the planet,
0:29.5	with the author's permission, of course.
0:31.7	But for now, let's get right to today's post as we optimize your life.
0:40.0	Getting rich is about willpower.
0:42.5	Why give up when you can keep on going?
0:45.0	By Sam of Financial samurai.com
0:49.0	Getting rich is about willpower.
0:51.5	Without willpower, you'll likely never get ahead of the masses.
0:55.6	In the 1960s Columbia University psychologist Walter Mitchell
0:59.7	conducted an experiment on children that is now often referred to as the
1:04.2	marshmallow test. Walter invited various age children into a room
1:08.8	individually and asked them to sit down in front of a table with one marshmallow.
1:14.2	He told the preschooler that he could eat the marshmallow right now if he wanted.
1:18.2	But if you waited for five minutes,
	...

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