344: Net Worth of $1.2M - Another $1 million wasn't going to change my life

Millionaires Unveiled

Jace Mattinson

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

4.8 • 872 Ratings

🗓️ 12 February 2024

⏱️ 41 minutes

🔗️ Recording | iTunes | RSS

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Summary

Johnson, a former software engineer, has a net worth of $1.2 million. He has all of his net worth in the market in a few different accounts. He doesn't like the idea of having real estate to manage or a business to manage. He is a nomad and traveling the world at the moment and has been for the last few years. He left over $1 million on the table after leaving his job to travel the world.

Takeaways

-Living abroad can stretch your dollar farther

-Work without purpose can get boring and monotonous

-Investments have continued to grow at a rate greater than withdrawal

Transcript

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0:00.0	my since I graduated I was able to save up some money during school and so I
0:03.7	I spent three months backpacking in Europe after I graduated university and on that
0:08.0	trip I met like all these like European gap year students where like
0:11.5	taking a gap year is just like really normal in Europe and I was like you can just talking to do that.
0:15.0	And so starting from then I was like I want to do something like that.
0:19.0	So that CEDAW's planed a long time ago of like wanting to take take this time like what I have done four years I don't know it was a lot of things
0:26.8	Yeah, I mean one factor was definitely just feeling like I had like a good amount
0:30.5	I actually probably I walked away from like probably another billion.
0:35.0	But I was like that it's not going to actually change my life.
0:37.2	Welcome millionaires and future millionaires.
0:40.0	You're listening to the Millionaires Unveiled Podcast,
0:42.8	the show where you'll hear the stories and interviews
0:45.1	of everyday millionaires will unveil their decisions,
0:48.2	their strategies, and their portfolio allocations.
0:52.1	Now to your host, J.S. Mattingen.
0:54.0	Welcome back to another episode of the Million Years
0:59.3	and Velve Podcast. This is episode number 344.
1:03.0	Stace, how's going?
1:05.0	What's going on your world this weekend?
1:07.0	Hey, Chief just won baby.
1:10.0	Yeah, big, big, great, great game actually.
1:13.0	A lot of defense, a little more defense than I initially thought,
	...

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