Jared Dillian is a writer, strategist, financial expert, public speaker, and author of four books, including No Worries: How To Live a Stress-Free Financial Life (out this month!).
He joins us to discuss why you should never loan money to your friends or family, why the FIRE movement is a fast track to a miserable life, the hidden costs of being cheap, and MUCH more!
Important Links:
- No Worries: How To Live a Stress-Free Financial Life - http://buynoworries.com)
- Jared’s Website - https://www.jareddillian.com/)
- Jared’s Twitter - https://twitter.com/dailydirtnap)
- Daily Dirtnap - https://dailydirtnap.com/)
- We’re Gonna Get Those Bastards - https://wggtb.substack.com/)
- Jared Dillian Money - https://www.jareddillianmoney.com)
Show Notes:
0:00:00 Intro
0:01:12 Main podcast
0:02:03 From Coast Guard, to Wall Street, to Writer
0:05:48 “I am not in the money business—I am in the happy business“
0:14:11 The Awesome Portfolio
0:22:42 Stop Worrying About Small Financial Decisions
0:27:52 The Biggest Financial Decisions You WIll Ever Make
0:33:38 Keep Your Finances Separate From Your Partner; Never Loan Friends or Family Money
0:39:33 To Make Money, You Have to Want Money
0:42:39 Generational Attitudes to Money
0:45:48 Being Wealthy vs Being Rich
0:50:12 Blowing Up Your Identity
0:52:33 Improving Financial Education
0:58:27 Why Investing Should Be Hard
1:04:30 The Hidden Costs of Being Cheap
1:07:57 Why People Are Scared of Entrepreneurship
1:10:26 The Worst Financial Decision Jared Has Ever Made
1:13:06 Jared as Emperor of the World
Books Mentioned:
- No Worries: How To Live a Stress-free Financial Life; by Jared Dillian
- Those Bastards: 69 Essays on Life, Creativity, and Meaning; by Jared Dillian
- All The Evil of This World; by Jared Dillian
- Street Freak: Money and Madness at Lehman Brothers; by Jared Dillian
- Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not!; by Robert T. Kiyosaki
- The 7 Habits of Highly Effective People; by Stephen R. Covey
