Journey To Launch 141- The Simple Path to Wealth and All You Need to Know About Index Investing with JL Collins
Your path to financial freedom and wealth doesn’t have to be complicated. This week’s Journey to Launch podcast episode lifts up the veil of overcomplicated investing strategies to show you a more simple path to wealth. Well known author and blogger, JL Collins, is on the show discussing his path to Financial Independence through index investing and his successful book, The Simple Path to Wealth.
JL Collins went from working in an ice cream parlor for $1.25 an hour (he was 13) to accomplishing Financial Independence & Retiring Early (FIRE) before it was even a thing. In this episode, JL Collins breaks down the stock market and everything you need to know about investing in index funds.
In this episode you’ll learn:
- What is F-you money and why you need it
- Ways to enjoy breaks or sabbaticals throughout your career
- What are index funds and tips on investing in the market
- Why your house is a terrible investment (his words, not mine)
- What is a Chautauqua, and so much more
Special thanks to our podcast sponsor, Empower. Get $5 into your account when you download the Empower app and reach your savings goal. Enter code JOURNEY at signup here.
Other related blog posts/links mentioned in this episode:
Like what you heard and want to learn more about JL Collins? Check out some of his most popular blogs on this website:
- The Stock Series
- Why your house is a terrible investment
- F-you Money: John Goodman v. jlcollinsnh WARNING: These videos are NOT work or kid-friendly. Watch at your own risk.
Also, check out JL Collins’ book, The Simple Path to Wealth
If you liked this podcast episode, you might also like:
Episode 11- Rejecting Homeownership, Traveling the World & Retiring by 31 Years Old
Episode 105- How To Quit Like a Millionaire So You Can Stop Working & Start Living With Kristy & Bryce
Go to Journeytolaunch.com/freedomsummit to join me at the Financial Freedom Summit in May.
I use Michael Hyatt’s Full Focus Planner to keep me focused so I get things done. If you are looking for a planner consider using this one.
Check out the other tools that help me with my finances and business here.
Check out the Journey To Launch Podcast index here which categorizes all of the Journey To Launch podcast episodes by subject. Now you can binge on your favorite topics or type of episode.
Join The Weekly Newsletter List
Leave me a voicemail– Leave me a question on the Journey To Launch voicemail and have it answered on the podcast!
Watch me on News12 Watch my latest segments on News12
YNAB – Start managing your money and budgeting so that you can reach your financial dreams. Sign up for a free 34 days trial of YNAB, my go-to budgeting app by using my referral link.
Connect with JL Collins:
Connect with me: