260: Net Worth of $1.3M - My goal is to own a Ferrari or Lamborghini

Millionaires Unveiled

Jace Mattinson

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

4.8 • 872 Ratings

🗓️ 19 September 2022

⏱️ 34 minutes

🔗️ Recording | iTunes | RSS

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Summary

Tyson has a current net worth of $1.3M. He lives in Austrailia and works as an electrician for the government. His wife works in retail. He became a millionaire in his late 20's and is now in his mid 30's. We have a great discussion on getting on the same page with his wife, his desire to own a supercar and the journey to $10 million or 200k in passive income for him.

Transcript

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0:00.0	We just saved our money. I had a small deposit. I believe it was about 20,000 at the time.
0:05.8	My personal goal has always been to own a super car.
0:10.4	So Lamborghini, Ferrari, those types of things.
0:13.6	Being frugal, I guess is a good word.
0:17.1	That was very difficult for her to accept.
0:21.2	You know, friends were buying new cars and going on holidays and they've been to Europe and
0:26.3	Been to the US and all those sorts of things and I was sort of putting all those things on the back burner and just saying look you know one day we'll be able to do that and
0:37.4	It'll be very comfortable. It'll be much easier. You know in the later years, you know, sort of, you know, obviously we're in a pretty comfortable
0:45.4	position now where we could go on a trip and it's not a financial strain and we could probably
0:51.0	do a trip a bit more comfortable than our friends were doing in the early 20s.
0:55.0	I just had this drive to get that car that I just couldn't accept failure.
1:01.0	For me it's not an option, it's a must.
1:03.6	You're listening to the Millionaires Unvealed Podcast,
1:07.8	where you'll hear the stories and interviews of everyday millionaires.
1:12.3	We'll unveil their decisions. interviews of Everyday Millionaires.
1:12.8	We'll unveil their decisions, their strategies, and their current portfolio allocation.
1:19.6	Now to your hosts, Clark Sheffield and Jays Matinsen.
1:25.0	Welcome back to another episode of the Millionaires and Bill
1:27.1	podcast. This is episode number 260.
1:30.2	This week we've got a really exciting guest.
1:32.3	His name is Tyson. He's an electrician for the government and his wife works in retail.
1:37.0	He's not worth of $1.3 million, that's US, because he is joining us from Australia.
	...

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