Getting Rich is Overrated, Become a “Quiet” Millionaire w/Tae Kim

Episode #479 Don’t strive to become rich. Instead, become a “quiet” millionaire like Tae Kim, the “Financial Tortoise.” You’ve seen the flashy cars, fancy champagne, and private jets of the online financial “gurus.” Then, like clockwork, you see these same people lose their wealth, go bankrupt, or disappear from the online world entirely. What happened to them, and where did all the “riches” go? In today’s show, we talk to Tae about the slow, steady, unsexy way to build wealth and become a millionaire that most Americans will never understand. It’s far less risky than gambling your money away, day trading, or going high-leverage on risky real estate. Instead, you can sleep like a baby every night, knowing you have hundreds of thousands in the bank, millions in investments, and enough money to chase your dreams IF you follow Tae’s advice. Tae’s path to wealth wasn’t complicated, but he did make a handful of money mistakes you won’t want to repeat. After paying off over six figures in debt, Tae now serves as the financial hero we need but don’t deserve, teaching EVERYONE why the slow, quiet way to wealth is the smartest, most sustainable way to truly become “rich.” If you want to quit your job, do what you love, and live every day on YOUR schedule, stick around! Show Notes at: https://link.chtbl.com/Money ~~~~ Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?... ~~~~ Join the BiggerPockets Money Facebook Group:   / bpmoney   ~~~~ Find an Investor-Friendly Agent in Your Area: http://biggerpockets.com/agentmatch ~~~~ Find Investor-Friendly Lenders: http://biggerpockets.com/findlenders ~~~~ Got a Money Tip to Share? Send Us an Email: [email protected] ~~~~ Books Mentioned in Today’s Show: The Psychology of Money: https://store.biggerpockets.com/produ... Rich Dad Poor Dad: https://store.biggerpockets.com/produ... The Simple Path to Wealth: https://www.amazon.com/Simple-Path-We... ~~~~ 10 Life & Money Lessons From Broke Financial Gurus:    • 10 Life & Money Lessons From Broke Financi...   ~~~~ Connect with Tae: Newsletter: https://www.financialtortoise.com/new... Website: https://www.financialtortoise.com/ YouTube:    / taekimfinancialtortoise   ~~~~ Want to Be a Guest on the BiggerPockets Money Show? Apply Here: Guests: https://www.biggerpockets.com/guest?u... Finance Friday: https://www.biggerpockets.com/finance... ~~~~ Connect with Scott and Mindy on BiggerPockets: Scott: https://www.biggerpockets.com/users/s... Mindy: https://www.biggerpockets.com/users/m... 00:00 Intro 01:05 $105K in Debt to Personal Finance Genius 05:32 Trying to Mimic the "Rich" 08:31 The "Quiet" Millionaire 16:39 Quitting His Job 24:21 Why Financial Gurus Go Broke 29:51 Define Your "Enough" 33:05 What Tae Invests In 36:36 Advice for New Investors 38:45 Connect with Tae! 39:43 Be a Financial Tortoise!