
Zac Juergensen – DIY Wealth: Live without Fear of Money
Podcast: Play in new window | Download (Duration: 57:27 — 78.5MB)
Zac Juergensen says: “I’ve essentially went from being in debt in my early 20’s with poor money management and financial behavior patterns to amassing a net worth of $1MM by 31. I have enough passive income to essentially “retire”, or as I prefer to label it unplugging. I am committed to sharing my knowledge base, answering questions, and merging it with a better line of thinking in order for individuals to plug into a more enhanced way of living.”
Zac Juergensen Vroom Vroom Veer Stories
His dad believed that tomorrow is not guaranteed, so spent like the wind; mom wanted to save every penny and didn’t want any risk
Saw a fellow marine die on a deployment; decided that he need to get out of the military and start thinking about a new way to live
Stared reading all kinds of books; one was about dividend investing; bought 10 shares in a bank stock and made about 4 dollars in a day; changed that way he thought about money
Once you hit your money number you realize that life is not about having a weekend everyday; that gets boring very quickly; you need to help people and stay engaged even when you don’t need more money
Had some success in real estate and thought he could run any kind of business; he spent $17 on a dog box subscription website; then realized he knew nothing about running a website or a dog box business; lost most of that $17k
Now that he has hit his number he can take his time and monetize his podcast with subscribers to make money while keeping most of his time
Key lesson is learning how much money is enough for you; that number is different for everyone; once you have that amount in a diversified investment portfolio you will be able to live off that money for the rest of your life
Zac Juergensen Connections
Website
Zac’s Patreon Page