11: Advice for 17-24 Year Olds on Money, College, Credit and Finances
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In this episode we provide key solutions from leveraging debt and how to use credit, owning stock, real estate, the purpose of college, the benefit of traveling and most importantly why you should start your very own business. We also discuss the importance of experience and how using an internship and mentor can allow you to learn and network properly to more effectively invest and launch a successful business for yourself today.
Relevant links for guest:\\xa0
Where are we:
Johnny FD \\u2013 Berlin Germany
Sam -Singapore
Recommended (books, subscriptions):
Brian Jimmerman For Ex Trading \\u2013 ILAB 03
Kevin shee REITS \\xa0\\u2013 ILAB 07
Robert Kiyosaki \\u2013 Rich Dad Poor Dad\\xa0&\\xa0Cashflow Quadrant\\xa0
\\xa0\\u2013 Millionaire Fast Lane
George S. Clason\\xa0\\u2013\\xa0Richest Man in Babylon
Tony Robbins \\u2013 Master Money the Game
Discussed (relevant links):
Time Stamp \\u2013\\xa0Topic:
01:00 \\u2013 Learning financial mistakes from our parents
05:55 \\u2013 Opening a bank secure credit card at 17
10:30 \\u2013 Leveraging debt and credit usage
15:18 \\u2013 Introduction to money and income
17:45 \\u2013 Tips on investing in real estate
21:50 \\u2013 Learning expense reports and P&L management
26:00 \\u2013 Tony Robbins Master the Game review
29:10 \\u2013 Biggest first investment mistakes
31:50 \\u2013 Owning Disney stock
36:00 \\u2013 How we would reinvest $10k at 17 years old
38:00 \\u2013 Investing in yourself is the greatest investment
43:00 \\u2013 The value of college internships & mentors
53:00 \\u2013 Getting arrested 4 times in college
57:50 \\u2013 Why should you start your business today
1:03:00 \\u2013 Traveling the world with a purpose
1:06:00 \\u2013 Earn an income while living your passion
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Copyright 2016. All rights reserved. Read our disclaimer here.
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