4.9 • 1.7K Ratings
🗓️ 24 June 2022
⏱️ 85 minutes
🧾️ Download transcript
My Million Dollar Car: we are talking about my sexy 2008 Honda Accord with no radio & 167,000 miles on it and how driving it for the past almost 11 years has changed the trajectory of my financial life forever.
I go into great detail inside this episode on the hard fiscal numbers of how it allowed me to save and invest. I go deep into car loans, credit card debt, real estate and retirement savings for the average American.
I am not telling you what to do with your money and I am NOT telling you not to get a nice car (if you can easily afford it buy the Batmobile if you want)
I am simply sharing my story and how I went from being average and broke to being debt free and financially independent.
This is not a flex episode, this is just a story of basic finance, budgeting, spending less than you make, delaying gratification, being patient and living by a set of principles so the things you own don’t end up owning you.
The key message: pay yourself first, do something today your future self will thank you for and make money a blessing in your life not a stressor.
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0:00.0 | Hey, what's going on guys welcome back to Dreamerskeff and his podcast radio show coming to you on this Friday, June the 24th, 2022. |
0:08.0 | Hopefully it finds you staying safe and staying sweaty all at the same time. |
0:13.0 | On today's episode we are talking about my million dollar car. |
0:20.0 | In fact I drove this bad boy to work today. |
0:22.0 | This beautiful 2008 Honda Cord about 167,000 miles on it features absolutely none. |
0:33.0 | But probably one of the smartest things I ever did when I was a young knucklehead doing a lot of things wrong. |
0:39.0 | That was one thing I did right and that's the base of the episode today hopefully to help a lot of you guys. |
0:45.0 | Whether you're young, middle aged or old, you can make a couple decisions in your life that can change the trajectory of a lot of things. |
0:54.0 | One being your finances included and we'll dig into all that stuff here today. |
0:59.0 | But before I go into the origin story of this beast of a machine that sits here, a couple housekeeping things. |
1:07.0 | One, the Jeremy Scott fitness app, we are going to throw a major transformation challenge in there. |
1:16.0 | And the site is already live. By the time you listen to this, I'm probably going to have put it into our Instagram bio. |
1:23.0 | And I'll share a lot of this stuff in the upcoming week and then obviously the week of the 4th of July and then when we're ready to kick off. |
1:31.0 | But we are running a five week summer Metcon challenge inside of the app. |
1:36.0 | The site is Jeremy Scott fitness app slash challenge. If you go to the app main page, it should pop up in the right hand corner. |
1:42.0 | You guys will see it. You can register now. You can grab a spot. |
1:46.0 | If you're already in the app, it's going to be free, which is ridiculous for a lot of reasons. So get into in a second. |
1:52.0 | And if you're new, you've never been on, you can actually do the $1 trial to get in to the five week challenge. |
2:00.0 | Typically, we sell this for about 200 bucks a person and we're doing it for app members for nothing and anybody else can sign up for a dollar. |
2:11.0 | Either these are some of the smartest things I've ever done or the dumbest things I've ever done. |
2:15.0 | So I'm going to find out one way or another business wise. But it's five weeks long. |
2:20.0 | We took two of my fave things, our Sunday Advanced Metcons and our mandatory mobility. |
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