182: Net Worth of 1M - 31 Years Old, 7K in Monthly Savings

Millionaires Unveiled

Jace Mattinson

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

4.8 • 872 Ratings

🗓️ 19 April 2021

⏱️ 43 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Taylor is a returning guest from episode 27 when he had a net worth of 500K. In the last 2.5 years he grew his net worth to one million dollars. He is 31 years old and works in finance for a startup company. He has 10% of his net worth in cash and 200K in home equity. He saves 7-10K a month. Taylor also discusses the decision of paying his home off early and his experience with hard money loans.

Transcript

Click on a timestamp to play from that location

0:00.0	When you're looking so hard at money it's really easy to say oh well do I want to spend
0:04.7	$5,000 on this vacation when in the green scheme of things if I looked at my
0:09.5	net worth right now and it was $5,000 less, I wouldn't feel like a failure, but I would have a really, really
0:16.0	cool experience. And so that's kind of been my goal probably in the past six months is to focus more on
0:22.0	using my money as a tool to buy things that I will enjoy
0:25.7	and things that will enhance my life rather than just purely a tool to grow my net
0:30.4	worth for some hypothetical for some hypothetical reason.
0:34.0	You're listening to the Millionaires Unvealed Podcast,
0:37.3	where you'll hear the stories and interviews
0:39.9	of everyday millionaires.
0:42.0	We'll unveil their decisions, their strategies, and their
0:46.4	current portfolio allocation. Now to your hosts, Clark Sheffield and Jays Matinsonon. Jace Matinson.
0:53.0	Alrighty, welcome back to another episode of the Millionaire
0:57.0	Unveailed Podcast.
0:58.0	This is Clark here alongside my co-host Jace.
1:00.0	This is episode number 182.
1:03.4	Chase how are you what's going on?
1:05.4	Doing great man just trying to survive these uh
1:09.1	sky high real estate prices sky high lumber prices just, just insanity out there right now man.
1:15.6	Yeah it's crazy. We're thinking about that because just as a quick recap we had Tony
1:20.9	last week for episode 181, net worth about 2.5 million.
1:25.0	And about three-fourths or so, right?
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Jace Mattinson, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Jace Mattinson and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.