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Marriage Kids and Money: Personal Finance for Families

We Interviewed 200 Millionaires. Here's What It Takes to Become One | Clark Sheffield & Jace Mattinson

Marriage Kids and Money: Personal Finance for Families

Andy Hill

Investing, Business, Kids & Family, Parenting

4.9604 Ratings

🗓️ 24 May 2021

⏱️ 36 minutes

🧾️ Download transcript

Summary

Ever wonder what it takes to become a millionaire? Clark Sheffield and Jace Mattinson, from the Millionaires Unveiled Podcast, have interviewed over 200 millionaires. Today, they are sharing the habits, investment strategies, and commonalities of these successful individuals.  We also review and dispel some millionaire myths along the way.  RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Personal Capital: Track your net worth for free today.  Millionaires Unveiled Podcast (Website) OTHER EPISODES YOU MIGHT LIKE Family Wealth and Happiness: 10 Steps to a Better Tomorrow (Today) How We Paid Off Our 15 Year Mortgage in 5 Years 50% to 10%: Why We're Happy Saving Less in FIRE Journey MKM RESOURCES MKM Coaching: Request a free 15-minute consultation today YouTube: Subscribe for free to watch videos of these episodes and interviews Instagram: Follow our IG channel Voicemail: Leave your question or comments here  Merch Store: Check out our t-shirts, hoodies, and coffee mugs! DISCLAIMER This show may contain affiliate links or links from our advertisers where we earn a commission, direct payment or products. Opinions are the creators alone. Information shared on this podcast is for entertainment purposes only and should not be considered as professional advice. Marriage Kids and Money (www.marriagekidsandmoney.com) is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to amazon.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

for one obviously that the bigger you know shovel salary more money coming in can allow you to get there

0:08.5

possibly sooner but you know we've had a janitor get there you know making no more than 30 40k

0:15.6

we've had several people come on our show that have you know been around that average

0:20.1

american income around 50 grand that have, you know, been around that average American income

0:21.3

around 50 grand that have got there. We had an engineer. I think he never made over 80 grand,

0:27.6

and he, you know, ended up at 7 million.

0:35.8

This show is dedicated to helping you, strengthen your family tree, and live financially free.

0:41.6

Welcome to the Marriage Kids and Money podcast, everybody.

0:43.7

This is Andy Hill, and today we're talking about what it takes to become an everyday millionaire.

0:51.1

There's a lot of mystique and myths about millionaires. How did they get all that

0:56.2

wealth? Was it inherited? Surely a rich uncle died and left it all to them. Well, we're going to

1:03.2

break through all those myths today, my friends, and talk to two gentlemen who have interviewed

1:07.8

over 200 millionaires, and they're going to share with us the seven-figure

1:13.7

truth. Clark Sheffield and Jace Mattson are the hosts of the Millionaires' Unveiled Podcast,

1:20.1

where they interview everyday millionaires. Stories included are those of doctors, lawyers,

1:25.7

accountants, firemen, police officers, military members,

1:29.6

real estate investors, and much, much more. Outside of the podcast, Clark and Jace are both CFOs,

1:35.8

so dollars and cents are their full-time jobs and their side hustles. When they aren't talking

1:41.2

to everyday millionaires and spending time with their families, these two love getting outside for a game of golf, biking and skiing. Welcome to the show, Jason Clark. Thanks for having us. Absolutely, guys. Thanks so much for being here. This is one of my favorite topics, how to become a millionaire. So I'm so glad you guys are here. You guys have a great show. I've had the chance to be on it. I'm excited to talk to you today.

2:01.2

So you two interview millionaires for fun. It's like your hobby, your side hustle, the thing you guys like doing in your spare time. What are some traits these people all have in common?

2:11.4

So first that we always talk about is intentionality. I think people are aware and intentional about what they're doing. I don't think that always means

2:18.5

that they've done it for their whole lives or started at a young age. Oftentimes they did get a late

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