Become A Millionaire With These Habits w/ Graham Stephan EP 1382

8 snips

Jan 23, 2023

Graham Stephan, a real estate agent and YouTube sensation, shares his journey from novice to millionaire. He discusses essential habits for financial success, including disciplined saving and strategic investments. Graham reveals effective ways to prepare for economic downturns and the benefits of house hacking. The conversation also covers managing finances with unpredictable markets and the power of financial education in transforming lives. Plus, he highlights the emotional impact of both major investment losses and gains.

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ADVICE

Habits for Success

Be consistent and relentlessly pursue your goals.
Focus on one thing and do it well, while saving diligently.

ANECDOTE

Extreme Frugality

Graham Stephan was extremely frugal, even calculating the cost of gas against time with friends.
This frugality stemmed from valuing time and maximizing limited resources.

ANECDOTE

$20 Budget Breakdown

At 16, Stephan budgeted $20 for gas, a $5 footlong (two meals), and $5 miscellaneous.
This instilled an appreciation for the value of money and resourcefulness.

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