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Your Money, Your Wealth

Can Risk Revolutionize How You Work? With Joel Comm - 179

Your Money, Your Wealth

Your Money, Your Wealth

Realestate, Income, Investing, Personalfinance, 401k, Rothconversion, Retirement, Education, Taxes, Socialsecurity, Personalfinances, Finance, Retirementplanning, Investments, Stocks, Business, Roth, Fiduciary, Ira

2.3681 Ratings

🗓️ 24 July 2018

⏱️ 45 minutes

🧾️ Download transcript

Summary

Joel Comm (best selling author, entrepreneur and co-host of the Bad Crypto Podcast) talks about his new book, The Fun Formula: How Curiosity, Risk-Taking, and Serendipity Can Revolutionize How You Work. Plus, should you quit a high paying job to be a DJ? Should you save for retirement or pay off student loan debt? Do you have to prove to the IRS that 529 plan money went to education expenses? And for show and tell, what little Joe and little Al did for cash before they became the self-made men and podcast hosts they are today. Transcript and show notes at http://bit.ly/YMYW-179

Transcript

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0:00.0

Life as an adult is an ongoing process of learning to walk, trying things, and knowing that

0:07.3

sometimes we're going to fall down, and then we're going to go, huh, what didn't work that time?

0:12.0

What could I have done differently?

0:13.6

Who is in my sphere of influence that maybe isn't healthy for me?

0:18.2

Who do I need to be hanging out with?

0:20.1

What do I want to do?

0:21.7

If you want to play it safe and have an average life, an average existence, then don't take risks.

0:28.1

But you've got to try if you want to try and do something profound.

0:32.1

Inspiring words from entrepreneur, New York Times bestselling author, and eternal 12-year-old Joel Kahn.

0:38.6

He brings the fun formula to your money, your wealth today, and explains how curiosity,

0:43.3

risk-taking, and serendipity can revolutionize how you work, which just happens to be the title

0:48.9

of his latest book. Plus, Joe and Big Al discuss whether you should quit your high-paying

0:53.5

job at age 23 to follow your dreams of being a DJ, whether you should save for retirement or pay off student loan debt, and whether you have to prove to the IRS that money from your 529 education savings plan went to education expenses.

1:07.8

And for show and tell, the fellas share what little Joe and little Al did for cash

1:12.1

back before they became the self-made men and podcast hosts they are today. Joe Anderson,

1:17.3

CFP, and Big Al Clopine CPA. We have Joel Kahn on the show today. He's got this interesting

1:25.7

podcast, too, the bad crypto podcast.

1:27.8

Right.

1:28.5

If you're interested in Bitcoin, that's just taking a dive.

1:34.6

Well, it went up and it went down.

1:38.1

So, yeah, he wrote like 10 social media marketing books. He's a blockchain enthusiast.

1:44.8

Yeah.

...

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