332: Net Worth of $1.0M - From Bankrupt to Millionaire

Millionaires Unveiled

Jace Mattinson

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

4.8 • 872 Ratings

🗓️ 4 December 2023

⏱️ 61 minutes

🔗️ Recording | iTunes | RSS

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Summary

Jeff has a net worth of $1.0 million spread across retirement accounts, real estate and other investments. He is in his mid 40's.

www.shopify.com/unveleiled

Transcript

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0:00.0	So the first month that I had a renter move out and I didn't have the money to cover the mortgage myself,
0:06.3	then like that's when the house of cards fell and that's when like then I had defaulted on both my loans.
0:12.1	And so then because I had already defaulted I moved back into one of those properties and so then it took like nine months I think for us to get the short sale paperwork to go through.
0:23.7	Looking back, I'm really grateful that I had this role model who
0:28.1	normalized the idea of multiple streams of income and not just like throwing my fist up in the air at the man and saying, man, if only my boss would give me more money with my W2 job, then life would be better.
0:40.6	Like I saw that, I saw it modeled for me that like you can go out and
0:45.5	you can't hustle and you can create extra money for yourself. You don't need to
0:49.5	wait for somebody to give it to you. Welcome millionaires and future millionaires.
0:54.0	You're listening to the Millionaires Unveale Podcast, the show where you'll hear the stories and
0:58.4	interviews of everyday millionaires will unveil their decisions, their
1:02.3	strategies, and their portfolio allocation.
1:05.0	Now to your host, Jayce Mattingen.
1:08.0	Welcome to the Moon Airsville Podcast.
1:12.0	This is episode number 331.
1:15.0	Stace, how's it going? What's going on in your world?
1:18.0	Going pretty well over here. We had a fun little last family trip as a family of five before I'm on a travel ban per
1:29.3	the belly.
1:30.3	So yeah, fun little Disney cruise this weekend and I've had a lot of the economics of Mickey Mouse on my mind this weekend.
1:41.0	Yeah, no kidding, it's amazing what that mouse has done for children across the world and including our own.
1:49.8	At any rate, I don't want to get into the details of the economics of Mickey Mouse, but definitely learned that the cruise price is just the price of admission.
1:59.0	But it's fun. Good memories. A little housekeeping. If you'd like to be on the show, send us an email
2:04.4	Millionaires and Build at gmail.com, we'll get back with you and get you on the schedule. We'll get the schedule open up for a lot of
	...

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