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So Money with Farnoosh Torabi

341: Jim Wang, Founder of WalletHacks.com & Bargaineering.com

So Money with Farnoosh Torabi

Farnoosh Torabi

Entrepreneurship, Business

4.71.9K Ratings

🗓️ 25 January 2016

⏱️ 34 minutes

🧾️ Download transcript

Summary

Our guest today is a pioneer financial blogger, one of the first to sell his blog for 7 figures. Jim Wang founded Bargaineering.com. It was a side hobby that eventually brought in a full time income — and then less than 5 years later he sold the site for $3 million. PS. He says he started the blog because he was bored! Today Jim has a new online venture, a website called Wallethacks.com, launched last fall. It’s pretty spectacular in its vision and delivery. Articles, tools and tips on building money systems, how to live fully, save, spend wisely and pay down debt. Jim’s been featured in the New York Times, Baltimore Sun, Entrepreneur and Marketplace Money. And now, excited to say, on this podcast. He also created a special link for So Money listeners offering an exclusive contest and some great materials so check it out by visiting wallethacks.com/somoney. Three takeaways from our time together... His growth strategy for Wallethacks and how it will differ from how he built his first successful blog. Growing up with immigrant parents. What financial lessons did he learn as a child? How to master your money even if you're forgetful like Jim! For more information visit www.somoneypodcast.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

So Money episode 341, Jim Wang.

0:05.2

You're listening to So Money

0:06.8

with award-winning money guru Farnu Shkorabi.

0:09.7

Each day get a 30 minute dose of financial inspiration from the world's top business minds,

0:15.0

authors, influencers, and from Farnus herself.

0:19.0

Looking for ways to save on gas or double your double coupons?

0:23.0

Sorry, you're in the wrong place.

0:25.0

Seeking profound ways to live a richer, happier life.

0:28.0

Welcome to So Money's brought to you today by Wealthfront. Wealthfront is the most

0:36.0

tax-efficient low-cost hassle-free way to invest. Now many of you I know are

0:40.8

interested in simplifying your investment strategy.

0:43.9

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0:47.3

And Wealthfront delivers.

0:49.0

It builds and manages your personalized

0:55.0

globally diversified portfolio.

0:56.0

to open an account, the minimum is just $500, and that gets you a periodically rebalanced

0:59.0

diversified portfolio of low-cost index funds. There are zero trading fees, zero hidden fees,

1:06.4

and advisory fees that are just a fraction of traditional advisors. In fact,

1:11.0

Wealthfront manages your first $10,000 for free.

1:15.5

To learn more and sign up, visit Wealthfront.com.

1:18.8

Happy Monday. We got a good show for you today. Speaking with a pioneer financial

1:27.1

blogger, he's one of the first to sell his blog for seven figures, Jim Wang is

...

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