Andrew Hallam: How I Became a Millionaire on a Teacher's Salary

Afford Anything | Make Smart Money Choices

Paula Pant | Cumulus Podcast Network

Investing, Entrepreneurship, Business

4.7 • 3.6K Ratings

🗓️ 9 January 2017

⏱️ 62 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

#59: By his mid-30's, Andrew Hallam became a millionaire on a teacher's salary. He began by investing $100 a month upon advice given by a mechanic. Then he began saving nearly half his $28,000 teacher’s salary. Andrew rode a bicycle 35 miles to work, found ways to avoid paying rent, and regularly ate pasta and potatoes as well as clams he picked himself for added protein. In today's interview, Andrew shares that story. Find more comprehensive details at http://affordanything.com/episode59 Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	You can afford anything.
0:10.9	Maybe you want a nicer home or you want to travel more or maybe you want the freedom
0:15.4	to be able to quit your job and spend your life doing whatever it is that you actually
0:19.8	want to do.
0:21.6	No matter what your goal is, you can afford it.
0:24.7	You may not realize that, but you can definitely afford it.
0:28.2	You can afford anything.
0:29.7	You just can't afford everything.
0:33.2	And that is where most people go wrong.
0:35.7	Most people don't realize that every choice that they make, every dollar that they spend
0:40.4	is a trade-off against something else.
0:43.2	The sooner you internalize that message, the better.
0:47.1	Because the question really that we all want to ask ourselves is, what matters?
0:52.4	That's what a conversation about money is.
0:55.0	People who believe that money and finance exist in a silo are missing the point.
1:01.1	Money is actually a reflection on how you want to live your life.
1:05.0	Money is a tool that helps you build your experience.
1:07.9	And every conversation about money that we have, every podcast episode, every blog post,
1:13.8	these are just proxies for a much bigger conversation about how you want to construct the reality
1:21.3	around you.
1:23.0	My name is Paula Pant.
1:24.7	I'm the host of the Afford Anything Podcast.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Paula Pant | Cumulus Podcast Network, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Paula Pant | Cumulus Podcast Network and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.