607: 10 Rules to Get Rich and Build Wealth

The Side Hustle Show

Nick Loper

Business, Education, Entrepreneurship, How To

4.7 • 1.6K Ratings

🗓️ 9 May 2024

⏱️ 65 minutes

🔗️ Recording | iTunes | RSS

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Summary

Do you want to get rich? To build real, lasting wealth that can change your family's circumstances for generations? Prepare to be disappointed because there are no get-rich-quick shortcuts or overnight secrets. Building wealth takes time, discipline, and sustained effort. But the good news is you can absolutely do it, no matter your current situation or starting point. All it takes is following some proven rules and principles to put you on the path. I'm talking about 10 fundamental rules that will help turn your financial dreams into reality. And they come from my recent conversation with Robert Farrington, founder of the famous personal finance site The College Investor and a longtime guest on The Side Hustle Show. This conversation is based on his article 10 Rules to Get Rich and Grow Wealth. Full Show Notes: 10 Rules to Get Rich and Build Wealth New to the Show? Get your personalized money-making playlist here! Sponsors: Squarespace — Start building your professional website for free today, and take 10% off your first website or domain! Indeed – Start hiring NOW with a $75 sponsored job credit to upgrade your job post! Hertz – Go wherever the road may lead!

Transcript

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0:00.0	We've got 10 rules to get rich. What's up, what's up, Nick Loper here?
0:07.1	Welcome to the Side Hustle Show, part of the Oftemore Podcast Network, because your 9 to 5 may make you a living but your 5 to 9 makes you alive and important note you can use any combination of those 24 hours that we're all dealt with to build wealth to get rich.
0:22.2	There's nothing wrong with that goal. There's no shame in that.
0:24.4	So today we've got 10 rules to help you get there inspired by Mr Robert Farrington from the
0:29.7	college investor.com. He's a fan favorite, a frequent guest on the show starting with our first
0:35.4	episode together almost 11 years ago. episode 10. Can believe that. So Robert
0:40.0	welcome back to the show. Hey, thanks for having me.
0:42.5	I'm excited to be here.
0:43.4	I cannot believe that it goes back to episode 10
0:45.8	and now you're at like episode 600 plus.
0:48.2	This is exciting.
0:49.1	Yeah, to link up all of Robert's past episodes for you
0:52.4	in the show notes.
0:53.3	But we got 10 rules to get rich and build wealth,
0:56.2	inspired by an article that Robert wrote.
0:58.2	So rule number one for us is you have to earn it.
1:01.2	You have to earn your money.
1:02.1	You have to earn your wealth. And I'll kick it over to you to earn it. You have to earn your wealth.
1:03.0	And I'll kick it over to you to explain what that means.
1:05.0	Yeah, I mean this one's pretty darn straightforward, but I do think that a lot of people want to get to the next step beyond earning it.
1:12.0	You have to start with step beyond earning it.
1:12.6	You have to start with just earning your money,
	...

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