4.6 • 658 Ratings
🗓️ 28 August 2020
⏱️ 41 minutes
🧾️ Download transcript
You are only young once. Yet your investing decisions early on are extremely important to get right if you want to retire wealthy. We discuss sacrificing today vs tomorrow. why compounding is important to growing wealth and more...
For more information, visit the show notes at https://moneytreepodcast.com/investing-at-a-young-age-caleb-gulliams
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0:00.0 | Welcome to the Money Tree Investing Podcast. |
0:04.5 | Stock market, wealth, personal finance, value stocks, invest in your life. |
0:10.9 | Hello, Smart Money Tree Podcast listeners. |
0:13.4 | Welcome to this week's episode of Money Tree Podcast. |
0:16.6 | I am Kirk Chisholm and I will be your host. |
0:19.5 | So today we have an interesting guest, Caleb, |
0:23.1 | Gwilm's. How you doing it, Caleb? I am doing incredible. You crushed my last name. So thank you. |
0:30.2 | Yeah, sometimes it's hard to interview guests in this show because I am not a linguist, but we do our best. |
0:35.9 | Caleb, why do you tell us a little bit about your background and |
0:39.0 | how you get it started and investing? Thank you so much for having me on your show. Man, I'm a huge |
0:43.4 | fan of what you get to do and your show in general. What's interesting is, if people would see me right now, |
0:49.3 | they would have like a mini 10 minutes of horror because there'd be like, you don't even look old enough |
0:54.0 | to drive a car. |
0:55.4 | How in the world are you able to be on here and tell me anything about money? And so it just |
1:00.7 | opens up my story because I'm super young. I'm 24 right now. But I have always been in to this |
1:06.2 | money game at a very young age. One of my first jobs that I got at 15 years old was working at a chicken |
1:12.3 | farm. I promise you, I have a greater appreciation for the chicken sandwich than the average person |
1:17.4 | because I actually did the work taking a chicken and getting it into the store. And what we did was |
1:22.8 | we started getting paid per chicken that we could process. And so I started making money. And I read a book called |
1:28.8 | The Richest Man in Babylon. And that book changed my life because I started thinking about this |
1:33.8 | concept of paying myself first, having my money worked for me. And then I saw all my friends that were |
1:39.1 | making even more money than I was, but they were broke because they were spending it all. |
... |
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