409: Why Are People So Ashamed About Inheriting Money by Sam Dogen of Financial Samurai

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Self-improvement, Education, Business, Investing

4.5 • 1.3K Ratings

🗓️ 21 September 2017

⏱️ 10 minutes

🔗️ Recording | iTunes | RSS

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Summary

Sam of Financial Samurai asks: why are people so ashamed about inheriting money? Episode 409: Why Are People So Ashamed About Inheriting Money by Sam Dogen of Financial Samurai (Talking About an Inheritance). 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: https://www.financialsamurai.com/why-are-people-so-ashamed-about-inheriting-money Please Rate & Review the Show! Visit Me Online at OLDPodcast.com & in The O.L.D. Podcasts Facebook Group! and Join the Ol' Family to get your Free Gifts Learn more about your ad choices. Visit megaphone.fm/adchoices

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0:28.0	This is Optimal Finance Daily. Episode 409, why are people so ashamed about inheriting money?
0:35.9	By Sam of Financial samurai.com, and I am Dan, your host and narrator bringing you some of the
0:41.0	best blogs on personal finance in audio form and if you want to connect
0:45.4	with a bunch of like-minded people including some of the hosts in the OLD podcast family and be entered
0:51.2	into bonus book raffles please come and join our
0:53.4	Facebook group the shortcut link for that is old podcast dot com slash
0:57.6	Facebook but for now let's get right to today's post as we start
1:01.4	optimizing your life.
1:03.0	Why are people so ashamed about inheriting money by Sam of Financial Samurai.com.
1:13.0	Quote, how did I get my million dollars?
1:16.0	It was simple.
1:17.0	One day I bought an apple for a nickel.
1:19.0	That night I cleaned and polished it.
1:21.0	The next day I sold it for a dime. With that dime I bought two apples.
1:25.2	That night I cleaned and polished them and sold them the next day for 20 cents.
1:28.9	I repeated that process every day without fail until I had amassed $6.40, whereupon my grandfather died and left me $999,94 in his
1:38.6	will.
	...

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