Episode #1 | The 10 Rules of Wealth Nation
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Show Overview
Welcome to Wealth Nation! This isn’t a show just about money, it’s a show about getting the most out of life in every single way. It’s about passion, common sense solutions, and realizing your goals and dreams. Everyone can be a citizen of Wealth Nation, so come on in!
Your hosts for Wealth Nation are John Pozadzides, Neal Cambell, and Cali Lewis, and we’re going to take you on a weekly journey of discovery where we’ll address topics including personal finance, business advice and all the other areas that contribute to personal “wealth”.
This show is all about audience participation, and we’ll be taking caller questions and feedback in all future episodes, so if you’d like to join in please contact us and let us know.
Show Notes
The 10 Rules of Wealth Nation
Before we begin our regular episodes, we wanted to focus on some important rules for achieving goals in both our personal and professional lives. So this first episode is all about the rationale behind why we do what we do. If you practice these rules, we’re certain they will lead you down the path to personal Wealth!
- Live debt free.
- Invest in things that appreciate.
- Constantly innovate.
- Learn to recognize opportunities.
- Invest in people.
- Consider opportunity cost.
- Commit yourself fully.
- Become an expert.
- Mitigate risks, but take them.
- Be prepared to walk away.
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I’m glad rule number 1 is live debt free. Being debt free makes all the others so much easier. I recently was laid-off from a financial services job, but since my wife and I live debt free, except a mortgage we can manage on one income, it’s not the end of the world. I’m taking to time off to re-evaluate what I want to do next. If we were not debt free I’d probably be taking any job that presented itself out of desperation.
I know that, generally, “Live debt-free” means no debt other than a mortgage, which I’ve never had a problem with doing. However, I absolutely hate having my mortgage debt, and I really want to pay it off. Actually, if I can just increase my annual gross pay by $20,000, then I can pay of my mortgage rather quickly.
I’m really looking forward to the new show!
I’m excited to see where this is going guys. Any blog that starts out with “live debt free” is going to be an amazing ride. God bless and good luck!
- Justin
Excited for this series and what will come out of it!!
Hey Guys,
Congrats on the show! great advices and tips, loved the rules, and experiences you guys had! keep them comming!
This is a great idea. I’ve always said there needs to be a show out there that focuses on the principles of discussing a people centric approach to wealth. We don’t have to be the willing fodder of consumerism. But there’s so much unlearning to do to realize that truth.
[...] that cumulatively equal wealth: personal finances, business topics, health, and more. You can download our very first episode now, and subscribe on iTunes if you [...]
Wonderful idea! I will be following you closely!
btw. the #1 rule I teach my kids is “Spend less than you earn!”
Sage advice and it is something that a lot of younger people think very little about today.
Being wealthy is about being valuable. That can be to nation, family or friends.
Thanks..
Subscribed.
Couldn’t get past Neal insisting on making the rental car example all about his and Cali’s specific situation. Dave’s attempt at an example was perfectly fine and got derailed when Neal chimed in.
Note to Neal: It’s not about you. It’s about the listener. Be the moon and reflect what’s important to them instead of trying to be the sun that everything else revolves around. I shouldn’t feel like a fly on the wall of this conversation. Make me feel a part of it.
Sorry if that sounds overly critical to some (or maybe even making a big deal out of a seemingly small issue), but as a broadcaster for a good while, I can tell you that having thick skin is part of the job description (and it’s things like this that drive people away).