297-From Writing About Personal Finance To Becoming Financially Independent: Lessons Learned with Jim Wang, Founder of Bargaineering and Wallet Hacks

Radical Personal Finance

Joshua J. Sheats, MSFS, CFP, CLU, ChFC, CASL, RHU, REBC, CAP

Finance, Retirement, Insurance, Business, Money, Education, Self-improvement, Financial, Independence, Growth, Advice, Investing, Family, Personal, Radical, Christian, Faith

4.4 • 1.9K Ratings

🗓️ 19 February 2016

⏱️ 69 minutes

🔗️ Recording | iTunes | RSS

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Summary

Can a hobby of writing about personal finance lead to becoming financially independent in a very short time? It did for Jim Wang, my guest on today's show.

Jim founded the site Bargaineering as a part-time hobby. It quickly became a leading voice in the world of personal finance websites.

Ultimately, it led to Jim's becoming financially independent in a shockingly short amount of time.

In today's interview, we seek to go behind the story a bit. To learn about the personal story and lessons learned from Jim's experiences.

He has a lot to share that's very applicable to all of our lives.

Enjoy!

Joshua

Jim's current site: https://wallethacks.com/ (He is no longer affiliated with http://www.bargaineering.com/ )
Start your search for a financial advisor here: www.radicalpersonalfinance.com/paladin
If you have student loans, connect with Jay Fleischman www.studentloanshow.com/radical

Transcript

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0:00.0	Make match days easy with Google Pay.
0:03.0	When the last train before kickoff leaves in five,
0:06.0	tap in with your Android phone to catch it.
0:09.0	No stress.
0:12.0	And if the queue for the merch store means extra time, tap to pay faster than you can say,
0:17.8	Come on England.
0:18.8	Fast, safe, simple. Match days made easy with Google Pay. Add a card to Google Wallet.
0:27.0	One of the most incredible things about human beings is that we are creators and we're able to think abstractly and conceptually.
0:37.8	We're able to visualize places that we aren't, both physical places and places in life,
0:48.0	non-physical concepts. And I think this is really, really valuable when it comes to
0:52.3	goal setting. We want to think this is really, really valuable when it comes to goal setting.
0:53.0	We want to think about is being in a different place worth it?
0:57.0	If I go down this path of building wealth and becoming financially independent,
1:01.0	is it going to be worth it?
1:02.0	It's one reason why I encourage you. financially independent, is it going to be worth it?
1:02.7	It's one reason why I encourage you,
1:04.7	spend a lot of time with wealthy people.
1:06.4	Take once a week, take somebody rich out to lunch
1:09.0	and ask them, how did you get where you got to?
1:11.7	Well, I try to do that here on the show for you a little
1:14.4	bit and today I'm thrilled to have Jim Wang. Jim is an awesome guy.
1:18.1	Built a website called Bargineering was at the pioneer, he's one of the pioneers of the
	...

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