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The Jesse Mecham Show

235 - The Simple Path to Wealth

The Jesse Mecham Show

YNAB

Kids & Family, Education

4.71.1K Ratings

🗓️ 1 August 2016

⏱️ 4 minutes

🧾️ Download transcript

Summary

It really is a simple path. And J L Collins knows how to navigate it.

Transcript

Click on a timestamp to play from that location

0:00.0

Hello, whinabbers my name is Jesse Meekham and this is podcast number 235 for Wyanab.

0:15.0

Where we teach you four rules to help you stop looking paycheck to paycheck, get out of

0:19.3

debt and save more money. Some of the money you save should help you become wealthy,

0:26.0

comfortably wealthy, wildly wealthy, it doesn't really matter, you pick, you can decide,

0:31.1

but you want to become wealthy and people sometimes have a little bit of a

0:35.4

negative reaction to it, but at the end of the day, that's the idea. You want to vote a little

0:39.4

wealth, you want to save for the ultimate Rule two expense which is retirement. It's basically all those

0:45.5

tiny expenses you'll have, large and small I suppose, in retirement and you can just treat it

0:50.7

like one big expense as you think about it.

0:54.0

But as you navigate the waters of investing and growing that nest egg, it can be very confusing

1:00.0

needlessly.

1:01.0

I actually am ashamed to admit this but I had an interview recorded with

1:06.6

J.L. Collins, one of my good friends. I met him at Eshutakwa in Ecuador in 2013 I believe and he's a pleasure to chat with and I chatted with him recorded the whole interview and lost it.

1:20.8

So I did not want to have to redo it and put him through that torture again.

1:27.4

But it was all about his book.

1:28.8

He just launched a book called The Simple Path to Wealth.

1:32.1

Now Jim is the guy that I send people to his blog.

1:37.0

I send him there.

1:39.0

He has this stock series that has just,

1:42.0

it's become internet famous because anytime anyone has any

1:46.0

question about what they should do with stocks I just send them there I wrote a book

1:49.5

about investing called what's it called, Invest Like a Pro.

...

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