Chapter
Creating Wealth and Building a Solid Financial Foundation
54:08 - 1:00:39 (06:31)
The importance of creating wealth and building a solid financial foundation is discussed, and how it can provide protection for you and your family in uncertain times, rather than relying solely on government and societal systems.
Clips
The majority of Americans do not have a savings account and cannot afford to pay an unexpected bill of $1,000 or more.
54:08 - 56:38 (02:30)
Summary
The majority of Americans do not have a savings account and cannot afford to pay an unexpected bill of $1,000 or more. It's important to invest in our knowledge and skills in order to create wealth for our future.
ChapterCreating Wealth and Building a Solid Financial Foundation
Episode#148 - Jason Stapleton - How To Survive The 21st Century
PodcastModern Wisdom
Financial freedom and personal freedom are closely tied as having more wealth can enable greater freedom.
56:38 - 58:27 (01:48)
Summary
Financial freedom and personal freedom are closely tied as having more wealth can enable greater freedom. While some desire a libertarian approach with less government involvement, financial resources are necessary for personal choices and mobility.
ChapterCreating Wealth and Building a Solid Financial Foundation
Episode#148 - Jason Stapleton - How To Survive The 21st Century
PodcastModern Wisdom
The speaker suggests fixing oneself before trying to fix the government or society and encourages taking radical responsibility to ensure personal sovereignty and agency.
58:27 - 1:00:39 (02:12)
Summary
The speaker suggests fixing oneself before trying to fix the government or society and encourages taking radical responsibility to ensure personal sovereignty and agency. A heuristic for taking ownership is to identify friends with the highest agency in a hypothetical situation like being wrongfully placed in jail and needing to get out in 24 hours.