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Optimal Finance Daily - Financial Independence and Money Advice

354: The One Ingredient Necessary for Achieving Financial Independence - Part 2 by Sam of Financial Samurai

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Self-improvement, Education, Business

4.51.3K Ratings

🗓️ 6 July 2017

⏱️ 7 minutes

🧾️ Download transcript

Summary

Sam of Financial Samurai shares the one factor that has contributed the most towards his financial independence. This is Part 2 of 2. Episode 354: The One Ingredient Necessary for Achieving Financial Independence - Part 2 by Sam of Financial Samurai (FIRE). Sam Dogen's net worth took a beating in 2009 as the world was falling apart. He thought it would be a good idea to start a personal finance site to help himself and others make sense of chaos. After all, he had spent 10 years working in the finance industry, got his MBA from Cal, invested and saved aggressively, and still got financially rocked! Since then, more than 20 million visitors have stopped by FinancialSamurai.com. The original post is located here: http://www.financialsamurai.com/the-one-ingredient-necessary-for-achieving-financial-independence Visit Me Online at OLDPodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This episode is brought to you by Delive a Rule, because anything goes this Christmas.

0:06.0

Yes, even sprouts on a pizza or gravy on sushi.

0:10.0

The rules are, there are no rules. Have a Cantonese on Christmas Eve or a

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Balty on Boxing Day and when you're so over the leftovers bring on the ramen

0:20.2

From big brands to local favorites this Christmas it's all on your doorstep with

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deliver room. Geographical restrictions, Ties and C service and delivery fees apply.

0:31.1

Do you hear that? It might sound like nothing to you, but it's actually the sound of nuclear, wind and solar energy.

0:41.0

At EDF, we're busy generating more British zero carbon

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electricity than anyone to help keep future energy costs down for everyone

0:48.9

and help cut UK carbon emissions to nothing. Sound good to you? Find out more about our

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zero carbon generation at EDF Energy.com slash Help in Britain.

0:58.8

This is optimal finance daily episode

1:02.8

three fifty four the one ingredient necessary for achieving financial

1:06.4

independence part two by Sam of financial samurai.com and I am Dan the guy who

1:12.2

reads to you each weekday from some of the best blogs on personal finance.

1:17.0

Now let's hear today's post as we optimize your life. The one ingredient necessary for achieving financial independence, part two, by Sam of Financial

1:30.6

Samarai.com.

1:34.0

Society. Believe it or not, as a minority, it's a little harder to get ahead when there is hardly anybody who looks like you in leadership positions.

1:40.0

For example, I worked in Asian equities and for half my career all my bosses and

1:45.6

bosses bosses were white. When I lived in various Asian countries growing up, I was the

1:50.4

majority. Everything felt normal. But when I arrived in Virginia as a high school freshman,

1:55.0

the contrasting reality of being a minority instead of a majority became clearly apparent.

...

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