AIE 116: How to Create Financial Samurai Net Worth

<p>This week, Lauren interviews Sam about his new book <em>Buy This, Not That</em>. They cover what a financial samurai is (see core principles below) and then dive into three different ways to allocate net worth, with the main difference being <em>how much you want to bet on yourself</em>. Learn how to take action with 70% probability of success (and why that's enough) and also how to "forecast your misery." This was a fun conversation and you'll definitely love it.</p> <p>Core Financial Samurai Principles:</p> <p>1) Never fail due to a lack of effort</p> <p>2) Always maintain an abundance mindset</p> <p>3) Depend on no one but yourself to succeed</p> <p>4) Know you deserve only what you’ve earned</p> <p>5) Give without asking for anything in return</p> <p>6) Know there’s often a solution to a difficult problem</p> <p>7) Think in probabilities, not absolutes</p> <p>About Sam:</p> <p>Sam Dogen started Financial Samurai in 2009, a personal finance site about helping you reach financial independence sooner rather than later. He worked in investment banking for 13 years before negotiating a severance in 2012 to break free from the corporate world. During the pandemic, Sam wrote a new book entitled, Buy This, Not That: How To Spend Your Way To Wealth And Freedom. When Sam is not writing, he's busy playing with his two young kids in San Francisco.</p> <p>Connect with Sam:</p> <p><a href="https://www.financialsamurai.com/" target="_blank">https://www.financialsamurai.com/</a></p> <p>Buy the book:</p> <p><a href="https://www.financialsamurai.com/btnt">https://www.financialsamurai.com/btnt</a></p> <p>Sponsored by:</p> <p>Jasmine Mortgage Team</p> <p><a href="https://www.jasminemortgageteam.com/" rel="ugc noopener noreferrer" target="_blank">https://www.jasminemortgageteam.com/</a></p>