What can you learn from a self-made millionaire about financial sense?
A Lot. Especially when he is a high school teacher.
High school teacher is not a glamour profession, and certainly not the kind you would associate with when it comes to becoming a millionaire. The rest of us may have more (traditionally) high paying job than a school teacher, yet we are not remotely close to having a million of net worth. Why is that? Are you curious on how he did it on a school teacher’s salary? Then I suggest you listen to his wisdom.
By the way, Andrew is just in his early forties, and no, he didn’t strike a lottery or inherit any windfall from anyone.
Here’s the full version of the interview with the Millionaire Teacher: Andrew Hallam, the author of the book with the same title: The Nine Rules of Wealth you should have learned in School.
Prudent Personal Finance Tips to Note
2.20: If you just started working, here are 3 things you should do immediately on the path to financial independence.
7.30: Why you cannot resist the urge to spend for instant gratification when you have money.
11.40: Why talking about money is such a taboo subject in many families.
13.45: Spending unnecessarily is habit ingrained in most culture – but Andrew has a way to alter its perspective.
24.00: How meeting just one right person could transform you into a millionaire.
27.00: How wealth accumulation actually motivates him to do charitable work.
30.50: Would a millionaire consider a financial advisor for consultation of any financial matters? What kind?
This post is the full version of the compiled podcast interview series with Andrew Hallam.