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The Chalene Show | Diet, Fitness & Life Balance

How to Get Started Investing Money with Bret Johnson - 537

The Chalene Show | Diet, Fitness & Life Balance

Chalene Johnson

Wellness, Health & Fitness, Chalenejohnson, Personalgrowth, Fitness, Lifecoaching, Health, Personaldevelopment, Family, Mental Health, Organization, Nutrition, Diet, Goals, Relationships, Focus, Faith, Productivity, Advice

4.87.2K Ratings

🗓️ 24 February 2020

⏱️ 39 minutes

🧾️ Download transcript

Summary

In Chalene’s words, “Bret is exceptional at money management, investing and staying on top of our finances.” Did you know that the Johnsons were once 500k in debt? Well, Bret committed to understanding how to get out of that debt by allowing their money to make them money. Today, he’ll teach you exactly that as he breaks down — with four simple steps — how to invest in your future! Because this episode is geared toward the newbie (whether you’re just getting started with investing or your financial status leaves much to be desired), Bret won’t cover individual stocks. But rather... he’ll share some of the safest, easiest and least expensive ways to get started investing. With the knowledge and strategies given in this episode, you’re sure to walk away feeling empowered for the future — for both you and your family!



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Transcript

Click on a timestamp to play from that location

0:00.0

Hi, Shilling. It's a really important day for me to record this because I really want you to know that how important you are in my life and

0:09.6

how effective you are. I moved to United States four years ago and

0:14.2

like seriously, I'm learning English

0:17.4

listening to both your podcast and you have no idea how much I'm learning. I learn English. I learned culture, the American culture.

0:26.6

I'm still like Neal and I'm trying to figure things out and I learn business marketing and I just started my little small business and

0:38.3

all the idea, all the knowledge that I have. I mean, it's coming from your podcast. I am really thankful and I love you so so much and

0:49.2

thank you. I hope you have the best day ever.

0:53.2

Welcome to the Shilling Show. Shilling is a New York Times best-selling author, celebrity fitness trainer and obsessed with helping you live your dream life.

1:02.2

All right. Well, thank you so much for joining me today on the Shilling Show. My name is Shilling Johnson and you will shortly be hearing from my husband Brett Johnson.

1:09.8

To give you a little bit of the backstory, my husband Brett is exceptional at money management,

1:16.0

at investing, at staying on top of our finances and this really, which is such a crazy,

1:22.4

turn of events because as you know, if you've listened to many of the episodes here, there was a time when we were a half a million dollars in debt and that was in great part due to mistakes, both of us made, but you know,

1:34.4

in large part of we're going to be real. It had a lot to do with his gambling and you know, we had to repair trust between us.

1:43.2

We had to repair our marriage. We had to repair a relationship like there were years and years and years of lies and mismanagement of money.

1:51.0

And so we went through so many years of therapy and me just constantly double checking and triple checking and looking over shoulder and questioning everything he was doing.

2:04.1

And part of our healing process was that he allowed me to do that. He never said like, what do you trust me? He knew that it was going to take years for him to rebuild that trust and not just to rebuild the trust, but to rebuild.

2:18.5

The faith that I once had in him as a provider, he took that role very seriously. It's one of the reasons why we've been able to weather that storm and are so much closer and happier and more connected today than we've ever been in our past. So first I want you to know, it is possible, but both people have to be willing to heal, willing to take responsibility and the way Brett handled it really made such a huge difference.

2:42.8

And part of that was him really being committed to helping take the burden off my shoulders, like I felt responsible to pay all those people back and he wanted me to know that he was going to do everything in his power, like, you know, he's like, I can't sell a workout video. I can't be the face of the academy or whatever, but like, I can commit to understanding how to get us out of this by allowing our money to make us money.

3:09.9

So what you're going to hear from him today is the advice that I asked him to share with some of my girlfriends, like, I have a circle of girlfriends who are like, okay, Shaline, you keep talking about extra streams of income.

3:21.5

We have other businesses, but we need to know more about investing. Do you think Brett would do like a zoom call and kind of just give us all the basics, the 411 on getting started investing because we want our money to make us money.

3:35.3

And so Brett was like, yeah, I can do that. And I'm like, well, you know what? Why don't we just do this for all of my friends, including the listeners of the Shaline show because I know there's many of you out there who you're in a position right now where you need an additional stream of income.

3:48.9

If nothing else, you need to understand that your money has the ability to make you more money. So without further ado, I get to turn it over to my boo.

...

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