Caleb Guilliams shares his journey of founding BetterWealth at just 21, challenging traditional views on wealth. He emphasizes the importance of aligning financial strategies with personal values for true success. The conversation delves into the significance of tracking money, the effective use of debt, and the distinction between consumption and saving. Caleb advocates for mindful money management and viewing finances as tools for personal growth, ultimately encouraging listeners to embrace a more intentional and empowered approach to wealth.
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Caleb's Early Start
Caleb Guilliams, founder of Better Wealth, started working at a chicken farm at 15 and later at a bank at 17.
He founded Better Wealth at 21 after realizing he wanted to share financial principles nationally.
insights INSIGHT
Money as a Tool
Money is a tool, and most people don't use it effectively.
Focus on better wealth, aligning money with your goals, rather than simply accumulating more.
insights INSIGHT
Wealth Efficiency
True wealth is intentional living, aligning your skills, time, relationships, and resources with your goals.
Wealth efficiency means removing friction that hinders your intentional living.
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This book, written by George S. Clason, uses a series of parables to convey fundamental principles of personal finance and wealth accumulation. Published in 1926, it remains highly relevant today, offering practical advice on saving, investing, budgeting, and financial discipline. The parables are engaging and easy to understand, making complex financial concepts accessible to readers of all backgrounds. Key principles include paying yourself first, living within your means, and making money work for you through wise investments. Despite its historical setting, the book's core lessons are adaptable to modern financial practices and have had a profound impact on countless readers worldwide.
The Ant Asset
The Ant Asset
Garrett Gunderson
Good to Great
Why Some Companies Make the Leap... and Others Don't
Jim Collins
In 'Good to Great,' Jim Collins and his research team investigate why some companies achieve long-term greatness while others do not. The book identifies key concepts such as Level 5 Leadership, the Hedgehog Concept, a Culture of Discipline, and the Flywheel Effect. These principles are derived from a comprehensive study comparing companies that made the leap to greatness with those that did not. The research highlights that greatness is not primarily a function of circumstance but rather a result of conscious choice and discipline. The book provides practical insights and case studies to help businesses and leaders understand and apply these principles to achieve sustained greatness.
In this episode, we sit down with Caleb Guilliams, founder of BetterWealth and author of The AND Asset. Caleb launched BetterWealth at just 21 years old, bringing a fresh and innovative approach to financial independence, wealth building, and intentional living. He now runs a thriving national firm that helps individuals and entrepreneurs optimize their money through tax strategies, investments, and financial coaching. In our conversation, Caleb redefines what it means to be wealthy and challenges traditional financial advice. We explore actionable frameworks for removing financial friction, maximizing your greatest asset—you—and aligning money with your goals. We also discuss the two fundamental uses of money, wealth-increasing strategies, why tracking your money is a superpower, common misconceptions around debt, and more. Caleb’s insights will change how you think about saving, spending, and investing, empowering you to live with purpose and intention. Join us to uncover the secret to using money as a tool to create the life you truly want. Tune in now!