045 | Today we discuss JD Roth's backstory behind his financial journey, Get Rich Slowly and Money Boss, plus JD's philosophy AND a very special announcement...
In Today’s Podcast we cover: A discussion with JD Roth from Money Boss and Get Rich Slowly How JD impacted Brad’s life and put him on the trajectory to becoming a travel rewards expert JD’s backstory and how he found the personal finance community JD started Get Rich Slowly to document his process to clawing out of $35,000 worth of consumer debt and becoming financially literate and successful
JD started his ‘credit card habit’ in college Any actionable tips the audience could take away from JD earning a scholarship to college? JD focuses on being self-directed with an ‘internal locus of control’ JD started a blog before the word blog even existed and started his first webpage in 1994 and his first web journal in 1997
JD’s plan to get out of debt in 3 years and the article he wrote called ‘Get Rich Slowly’ April 2006 was when Get Rich Slowly started JD was looking for a ‘magic bullet’ but quickly realized he needed to put in the effort and spend less money Dave Ramsey’s Debt Snowball and how it helped JD succeed psychologically
JD as an ‘accidental personal finance expert’ and how that journey progressed The audience and community around Get Rich Slowly helped make it a great site and inclusive JD’s frustration with the thought that there’s a “right” way to go about things in the personal finance world
Action is the number one thing that separates successful people according to JD
The methodology behind financial independence according to JD: The Six Stages of Financial Freedom Your level of control increases as you progress down the path towards financial independence When JD personally progressed through the six stages
How does JD spend his days and what is his philosophy? How JD sold his comic book collection and made $28,000 which funded their RV trip JD’s insight on the future of the financial independence movement Hot Seat Questions JD’s big announcement about