From an $8/hr Job After College to Financial Independence at Age 30 to 10+ Years of Global Travel With Family! Interview With Pat Schulte From Bumfuzzle.com RPF0050

Radical Personal Finance

Joshua J. Sheats, MSFS, CFP, CLU, ChFC, CASL, RHU, REBC, CAP

Finance, Retirement, Insurance, Business, Money, Education, Self-improvement, Financial, Independence, Growth, Advice, Investing, Family, Personal, Radical, Christian, Faith

4.4 • 1.9K Ratings

🗓️ 28 August 2014

⏱️ 90 minutes

🔗️ Recording | iTunes | RSS

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Summary

Today we have a very special interview to share with you! I’m thrilled to bring you an interview with one of my favorite writers, Pat Schulte. Pat and his wife Ali have a really neat story: Pat and his wife were highschool sweethearts. After college he started working an $8/hr job as a clerk to […]

Transcript

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0:00.0	Would you be interested in learning everything you can from a man who started with an $8 an hour job after college?
0:06.0	Parlayed that job into a career as a commodities trader,
0:10.0	retired at the age of 30 and has proceeded to spend the next 10 years traveling the world with his family?
0:20.0	Welcome to episode 50. Welcome to the Radical Personal Finance Podcast for today, Thursday, August 28, 2014.
0:46.6	I thank you for being here.
0:48.4	This is an episode that I have been wanting to bring you for a while. Today we're going to speak with Pat Shelty who is the writer and
0:57.1	adventurer found at bumbfuzzle.com. Saylor and RVer, a vanner, or a van dweller, I guess would be the term, commodities trader,
1:07.0	man of international mystery and intrigue.
1:11.0	Perhaps that's a little bit... mystery and
1:19.6	Perhaps that's a little bit grandiose, but as you'll see in today's show I really don't think it is to grandiose.
1:24.8	I've been looking forward to bringing you this interview and before I play the interview for you I'm just going to share with you a little bit about the background. This is a blog I've mentioned it a couple of times on the show
1:30.4	is a blog that I've read for a couple of years and I've thoroughly enjoyed. It's a it's a wonderful
1:35.1	blog I would highly encourage you to check it out at bumfuzzle.com but to peak your
1:39.7	interest before the interview Pat Schulte is a really intriguing guy and today was my
1:44.9	first time talking with him on the phone and I really enjoyed that. He's somebody
1:48.8	who in many ways seems to have cracked the code on the American dream like I mentioned prior to starting the music
1:57.4	He started out of college with an eight dollar an hour job working for the Minneapolis
2:02.3	Working on the Minneapolis exchange and he sold his pickup
2:07.2	truck for 5,000 bucks to start his steak for trading worked as an independent trader for the trading. Worked as an independent trader for the next coming years, ultimately moved to Chicago
2:17.0	so he could trade on the Commodities Board there in Chicago.
2:20.0	I assume the Mercantile Exchange, but I'm not an expert on what board or what exchange
2:25.1	he was trading on.
	...

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