Fit Rich Life JL Collins: F-You Money, The Simple Path To Wealth, Pathfinders, The Quest For Financial Independence, Rent vs. Buy, Single Stocks vs Index Funds, & Much More | Episode 71
Welcome to the Fit Rich Life Podcast. A show all about mastering Money, Fitness & Life.
In today's special guest episode, I get to interview JL Collins, the author of “The Simple Path to Wealth” and the newly released “Pathfinders: Extraordinary Stories of People Like You on the Quest for Financial Independence and how to join them.”
This is a great show for anyone interested in pursuing Financial Independence as JL shares his wisdom and the wisdom of over a hundred different people who are pursuing financial independence. This will empower you on your own money journey.
Please enjoy a wide-ranging conversation with JL Collins.
Connect with JL:
Blog: https://jlcollinsnh.com/
JL’s latest book: Pathfinders: Extraordinary Stories of People Like You on the Quest for Financial Independence―And How to Join Them
JL’s previous book: The Simple Path to Wealth
In this episode, you will learn about:
[00:00-08:43] Meet JL Collins, the godfather of financial independence, the definition of the F-You Money.
[08:44-17:36] The Simple Path to Wealth.
[17:37-32:07] The value of your financial freedom - Realizing that the power is in your hands! Discussing JL’s new book, Pathfinders.
[32:08-1:11:46] Single Stocks vs Index Funds, fully explained.
[1:11:47-1:29:00] The Quest For Financial Independence - The trap that wealthy people fall into.
[1:29:01-1:36:24] Re-Organizing your life and “buying your freedom” - These are JL’s top core values.
[1:36:25-1:45:42] JL’s tools and strategies for money, health/fitness & life.
Key quotes:
“I think for anybody who reads my books, they will realize that of the many things you can spend my money on, there's almost no limit. One of the things that you can spend it on is your financial freedom. And of course, you do that by buying assets.” -JL Collins
“You can live off the money that your money makes…. And just understanding that concept was so powerful in my own journey because then I realized the power was in my hands.” -Justin David Carl
Full Show Notes w/ Links to resources: www.fitrichlife.com/podcast/
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