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The Personal Finance Podcast

Can you Get Rich at Your Day Job? (The answer may surprise you!)

The Personal Finance Podcast

Andrew Giancola

Business, Entrepreneurship, Investing

4.7 • 1.4K Ratings

šŸ—“ļø 18 November 2020

ā±ļø 21 minutes

šŸ§¾ļø Download transcript

Summary

Episode 28: Can you Get Rich at Your Day Job? In this episode we cover:Ā  How to build wealth at your day jobĀ  How to get raisesĀ  How to invest in your companies 401(k) and Roth IRA Why you can get rich at your day jobĀ  RESOURCES: How to Become a 401(k) MillionaireĀ  How to Become a Roth IRA MillionaireĀ  How to ask for a Raise Part 1 How to ask for a Raise Part 2 Free Negotiate Your Salary EBOOK M1 Finance Best Place to InvestĀ  Personal Capital Free Wealth Management and Budget AppĀ  CIT BANK (Best Savings Account) **Ā Some links may be an affiliate link and we earn a small commission at no extra cost to you. We only recommend products we truly believe in.Ā  Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

On this episode of the Personal Finance Podcast, we're going to pose a question.

0:04.8

Can you get rich at your day job? What's up everybody and welcome to the personal finance

0:26.9

podcast. I'm your host and the founder of dollar after dollar

0:31.3

dot com and today on the Personal Finance Podcast we're going to talk about

0:35.9

can you get rich at your day job and this is the question that's being posed and

0:40.4

the reason why I want to talk about this is most of you have a day job and this is the

0:44.3

path most of you are going to take throughout life.

0:46.6

So can you build wealth with that day job?

0:49.5

Is it possible to build wealth with that day job?

0:52.1

Because all you're hearing right now is people

0:53.7

preaching entrepreneurship you have to be an entrepreneur you have to build a business to

0:59.0

be able to build wealth well is that true is that something that's? And I'm going to show you exactly why that's not true.

1:05.0

Because the majority of people out there are going to build wealth with a day job.

1:10.0

The majority of people only have one path to building wealth and that's getting up every day going to work and coming home to their families.

1:17.0

That's the path most people will take. Is it the most efficient path? Maybe not.

1:21.0

But is it a path that you can take to build wealth? Absolutely, and is it a safe

1:25.2

path, potentially? But you can definitely build wealth with a day job and don't let anybody else

1:30.1

tell you otherwise. And I'm going to show you exactly why, because with a lot of consistency

1:34.6

and with your hard work, you're going to be able to increase your income and save more money

1:39.1

to build wealth. Because entrepreneurship is not the only way to build wealth.

1:43.0

Yes, you can make a lot of money in entrepreneurship, but you can also lose a lot of money.

1:47.0

Along the way, when you're an entrepreneur, you're not making much money at the beginning at all.

...

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