00:00 Chris
Welcome to the line within us, a podcast, serving Christian men who are hungry to be the leaders. They are predestined. I’m your host, Chris Granger. Let’s jump in. All right guys, this week, we’ll be talking about wealth. And there’s a verse that really jumps out and is Proverbs 21 5. The plans of the diligence certainly lead to advantage, but everyone who was in a hurry. Certainly comes to poverty.

So that’s going to be a big verse that we’re going to focus on and to help walk me through this. I brought in my friend, my buddy, Andrew sailor, Andrew, how you doing, man?

00:51 Andrew
I’m doing good. You know, I had the line within us in my earbuds this morning. I got some vitamin D for lunch. Nice. Got some vitamin D not, not milk, but sunlight.

01:01 Chris
So it’s a good day, bro. And now, you know, for, for the line within us listeners, you’ve heard our ass talking about investing for beginners will and the, and the save the research Institute and the letter. This is demand. This is the myth. This is the legend. This is Andrew himself. So I mean how to get rich.

It is right here, guys. So, you know, Andrew, I wrote a Bible study for the line with Dennison, and I’m gonna kind of go through a little section at, for you when I was talking about wealth. And I said, when it comes to wealth, there are many different ideas and images that come with. The Bible speaks about wealth in many areas and words such as advantage and crease and power.

You know, those, those words are really prevalent. And a lot of definition of gaining wealth varies for everybody. The core comes back to the basis that some people generally, they just, they just want to improve their lives in some correlate wealth with that idea of rich that we’re talking about today.

Right. And that that’s really not right. You know, some of the most miserable people in the world that I know. Rich, you know, they, they had the money. You know, what, what lacks in their life is that joy, you know, and that is what this is all about. And as lions, what we’re trying to TP teach people is, you know, that peace that passes all understanding it Philippians four seven, that comes through that relationship with God.

And we have to make sure we’re looking at our, at our sales as the stewards of the money versus, you know, being the owners, you know? So I’m excited to talk to you about getting rich. And where do you think when you, when. You know, the stuff that you’re involved with, where do most people go wrong when they, in their thinking about getting rich in general?

02:42 Andrew
I think we should start just with the disclaimer that I’m not. Extraordinarily wealthier, right. That, so it’s just straight off the bat. I mean, I started, so my big thing is helping people get started investing. So investing is a fantastic way to build wealth because you’re building passive income and you’re letting businesses work for you.

So I started just kind of helping people get started with that. And I was like, I don’t really know what I’m doing. I’m on the blog about it. And I’ve been doing that for, um, you know, I guess seven years now, plus. Yeah. So, you know, been fortunate to have a podcast where people listen and they, they ask questions about, you know, what’s been bothering them and, and what they’re trying to work on.

And that’s, it’s amazing. Cause you get so many spheres of people all focused towards the same goal. So. Our tagline for our show is your path to financial freedom. And I liked the way you mentioned that when you define wealth, that can mean a lot of different things and you don’t need to have a lot of money.

You don’t need to have a lot of digits in your digital bank account to be wealthy. Right. And so whether we’re talking to somebody who’s. You know, just starting to invest and they’re happy about putting $150 a month, or even we had somebody write in the other day about being $500,000 in student loan debt.

Um, but you know, they were, they’re going to be a doctor or a lawyer. So you have different. Spectrums of it and the person who’s just starting out could feel more wealthy than the person who’s going to make six, seven figures, but has these mountains of debt. So, you know, one of the big things is, um, in the Bible, it says the borrower is slave to the lender.

And that can be so, so true. And it can really Rob a lot of a piece that you should have in your life. If you have way too much debt.

04:36 Chris
I mean, it’s, it’s as much coaching as I’ve done. I use that verse all the time. Proverbs 20, 27. I mean, I’ve met with people all over the country and the debt. Like, it’s funny how, you know, with an income that six figures that you’re talking about.

I mean, I’ve coached people who make six figures and they’re living paycheck to paycheck and can’t cover a $400 emergency. Right. I mean, believe it, like, how is that possible? You’re making. Almost 200 K, but you can’t cover $400 emergency. Well, that’s because, you know, the, the way the world teaches us, you know, being rich and we need this now and I don’t need to wait.

And that’s just what I, I deserve this, so I’m going to do it because I deserve it no matter if I had to liquid in the bank or not. Uh, and, and the lenders these days, I mean, basically you got a heartbeat you can get along. I mean, it’s, it’s just, it’s crazy, you know, what’s out there. So it’s just like, you know, when that money just, it really, the expenses.

The outpace it. And I even was coaching as recently as this week and the cup while I was working with, they never done a budget. And so they sit down and they told me they were like, look, cars, aren’t going anywhere. So don’t even talk to us about the cars. I was like, I got you. I got you. I was like, all right.

So just do me a favor, do your budget, and then hit me up in a week. So they, they did their budget and I w and I met with. And between when we met the first week and when we met a week later, they had already sold one car because they just realized, right. I mean, it’s like, you know, you’re not going to get rich.

You’re not going to build wealth. If you have that debt, if you’re tied to that, to that, uh, to that payment man.

06:18 Andrew
I may have reminds me it’s somewhat timely for me, cause my car just got totaled. So I’ve been kind of poking around online, see my different options. And somewhere I saw an article, they said, you know, the second biggest expense you’re going to have is going to be your vehicle house being number one.

So it does, it is a big decision that you might not feel it every day. Right. But you make that decision and then you live with it for five years or however long the loan is right. And that eats into really how much freedom you might feel. Um, one of the big things I know we’ve talked in the past, you talked about your love of vehicles.

I had a, I had a pretty cool, uh, new truck in the past, and I was able to afford that at the time. The problem is, is there was no margin of safety there. So Murphy’s law, if something goes wrong, something well, so I had something happened in my life when. This huge car payment, all of a sudden is not working for me because my situation completely changed.

And so that was, that was something where I wish I would have been more conservative because once you’re trying to get out of a vehicle, you could go underwater on it because of the depreciation. So it’s something that it’s very easy to get sucked into this idea. Like I’m going to. I’m going to use all the bar, all the borrowing capacity that the bank gives me that they’re happy that you yes.

And it’s very hard. And even now, when I’m looking at cars, I’m like, well, maybe can I bump this up a little more, you know, and just keeps going. And you really need to be intentional about I’m going to set a limit on this. Otherwise, if you just kind of be nonchalant about. You’ll be shocked how much money you’ll throw away, just because you then have the discipline to put some limits.

08:01 Chris
I think that some of the tools that see new users, I mean, he contentment, I mean, why is it so hard for guys that had to be content? Well, cause we look around at all, whatever, what all the other guys got, you know, and if you can find that you. That, that brings you that peace, that passes all understanding that I was talking about.

And I’ve had to come, it’s taken a long time and I’m not there yet by any means of being, you know, sometimes, you know, you go on Instagram and, you know, we’re, we’re still growing with the line within us and you can pay yourself to other podcasts or other shows all the followers and the numbers game and all that stuff.

And, and I think that drives a lot of, of, uh, thinking out there of, you know, I want to be the biggest, I want to be the best and that deserve it now. Versus slow down, you know, build it the right way, build it the golly way. And then, you know, if you put, if you keep going in a box and you keep thinking, it’s you gotta do, you’re going to do this on your own.

He’s not going to act, but as soon as you just give up that control, it’s amazing what happens.

09:03 Andrew
It is amazing. And I think something that maybe. You might not think about is when you kind of let go of that idea that I need to optimize everything I need to be perfect. I need to always be achieving. Right.

That’s where you get a lot of the freedom and, and you can’t get there unless you kind of trust and just let go of it a little bit. And that’s so hard to do in our culture.

09:26 Chris
And I think, you know, go back to, you know, where to most people think. And go on their mind about getting rich social media drives a lot of it.

So if you’re, if you’re on it and, and Hey, the line within this is on it. So I’m not going to sit here and tell you guys that I’m not on social media. Okay. Because that’s going to be a complete lie, but you need to make sure your filters are up. And like, you need to be thinking about. You know, what are you, what are you looking for on social media?

What are you comparing to? I mean, and it’s, and remember what’s out there, it’s the best of the best, you know, you never see anybody posting pictures of their family when they’re like in a meltdown, they’re always like perfect smiles. And you know, we’re at a theme park and everybody’s happy, but not like two minutes later when like little Johnny dropped his ice cream cone and lost his mind, you know, they’re not coming, they’re not going to send that picture.

Right. So you got to keep that.

10:19 Andrew
You do. And there is a reason why they call it the rat race, because whatever step you’re behind that you’re looking to achieve, trust me, once you hit that step, there’s always the next step. And that even if you have a successful business, there’s always going to be a peer.

Who maybe started later than you got successful faster than you. And then you look at what they’re doing. And you’re like, wow, I wish I was talking to these people. Or I wish I was accomplishing that. How can they do that in such a quick time? It’ll literally never ends. And that’s why it’s, it’s, it’s so hard to, to achieve.

That’s why you do need things other than, you know, it’s, it’s, it’s so hard to do with your own willpower. You wonder if, if most people can, I know I can’t.

11:03 Chris
Well, I’d say, well, let’s take a quick break. We’ll be right back.

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So we were talking a little bit about the desire, you know, what our hearts want, you know, and as we think about it, Andrew, I know there are a lot of verses that come to mind. You know, at the core of our, of the issue is think through why are our desires? Self-serving, you know what, it’s all about us so much, right.

12:32 Andrew
For sure it can, it can totally be that way. The thing about. And this is true about money. It’s true about time. There’s always going to be trade-offs. And so, again, going back to that idea of there being a rat race, there’s always going to be more things that you can accumulate. There’s always going to be more vacations.

You can go on cooler vacations, you can go on and you really have to decide what is most important to me and trying to maybe keep, even keep the end game in mind. Um, I love to golf, uh, but at the same time, like, I understand that I’m never going to be on the PGA tour. So why would I put like tens of thousands of dollars into equipment?

You know, at a certain point, I have to be like, I’m gonna put a limit on myself where. I’m not going to be out there every single day, right. Nine to five. And I’m not going to spend like a crazy amount of money on something that could be stewarded towards something more productive. Yeah. And you have to put that limit there because it’s not going to naturally happen.

If you just kind of. Let it go and you know, all, you know what I’m doing better today. I shot better this week. I’m going to upgrade them with upgrade it’s death by a thousand cuts. And you really have to put a limit there. And that’s really hard.

13:46 Chris
It is hard because we don’t have that self dispatch cause this guys, I mean, we, we want the biggest, we want the best.

Yes, of course. We want leather seats. Yes. We want all the stuff, you know, I mean, are you kidding me? Come on. So, you know, I think there was, there was a verse Proverbs 21, 17 just jumped out. You know, he who loves pleasure will become a poor. And he who loves wine and oil will not become rich. I mean, that’s, that’s, that’s spot on for you from your cause.

What’s your heart’s desires. If it’s not a things of the Lord, uh, it could just be leading you down a path that, that definitely doesn’t align with what he wants you to go. And very likely he’s not going to bless you there. I mean, it may be fun in the moment, but, uh, that’s why we need to make sure I, I, I often go back. It’s a heart issue.

14:32 Andrew
It, I mean, what, whether you working for, right. Are you working for empty pursuits? Are you working, you know, in the, in the case of somebody with like a nine to five, uh, are you working for financial freedom? So you can flex on Instagram. Are you working for financial freedom? So that. You can have that feeling of peace, where if stuff gets rough at your job, you’re able to have options.

And then you know, that, that both of those paths kind of take two different strategies in a way. I mean, um, if you’re trying to just accumulate stuff to flex on Instagram, you probably might work yourself to the button. Whereas if you’re looking for something more on a piece of mind, kind of. Yeah, to get to that peace of mind, you’re going to have to put those limits on some of your desires.

Like I was saying, you’re going to have to say, you know what, I’m not going to be able to have as cool of a car or as be as far along in this pursuit. But the trade-off with that is a piece of mind and this cushion, this margin of safety. Um, I’m going to have more freedom and more peace because I, I told myself that I’m gonna, I’m gonna stop the rat race right here. I won’t go any further than that. And that’s, that’s really hard.

15:47 Chris
And I loved the margin of safety. I mean, you’ve mentioned that margin of safety a couple of times, and I think that’s speaks to the way a Christian man really needs to be thinking about it. There’s one thing to be, you know, uh, too cautious.

I mean, obviously at some point, you know, you need to lean in, if God’s telling you to do something, you need to take that leap of faith. But at the same time when you’re building wealth and you’re trying to, to, to get to that next level in your life from a Homeland income or, or standpoint, that margin of safety is something to really consider.

So I love that, that you have that in place. Did you, did I hear you talk about that a lot with, on your other show? Is that something you guys came up with?

16:24 Andrew
No, not at all. Um, there’s this guy, Warren buffet, a lot of people are familiar with them. Yeah. He looked really like made that concept popular and he took it from, uh, his teacher in school.

His name was Benjamin Graham, another like wildly successful investor. And so a lot of these concepts, when you start learning about wealth, it just kind of in general and how the build it and how to keep it and how to invest it. Nothing is new under the sun. That’s, it’s really all the, all the same kind of principles that are not as exciting to maybe think or talk about, but they do work.

And there’s a reason why it’s been passed down from buffet buffets, like over 90 years old now. And his, his teacher was obviously even older than that similar concepts, margin of safety that applies to stocks and it applies to your personal finances too. Right.

17:18 Chris
And I think I even heard one time. Brands that he was talking about the greatest business book that he’s ever read for, for building wealth was the tortoise and the Hare, you know, as the end of the day, the tortoise always wins, but it’s because that consistency, you know, over time and just being, being, patient, being consistent, but always showing up.

And I think that’s just speaks to a lot of things in life in general. Uh, you know, but from a building wealth standpoint, You know, compound interest doesn’t work until you get started. Right? I mean, that’s, that’s something for you

17:53 Andrew
a hundred percent. And if you think about like, when do we feel like we can make a lot of progress with our finances? It’s whenever you get that big bonus or, you know, whenever you get some windfall or you feel like, all right, I was able to cut on my, on my restaurant budget this month. Those are all just kind of temporary one-time things. I mean, how many times do you get a budget in the year? Uh, about this year?

Probably not more. Probably not more than once or twice. So where that wealth gets bill is through the 12 months of the year, not just one or two where you’re getting a bonus. And so you need to, you need to set that habit because that’s the only way you. Continuously put the stepping stones in place that you need.

18:31 Chris
And you’re, you’re all over the world. I was going to habits. I mean, it’s it, you know, it’s not, this is not rocket science, you know, so, so far as, you know, becoming rich or wealthy, whatever you, whatever your desire is, but you got to have the good habits and that takes intentionality and you gotta, you can’t just turn a blind eye and you need to start asking a lot of questions, asking a lot of questions of your, of your cell too, because I love how you went to, you know, that desire party.

Are you trying to get those likes on Instagram? Are you actually trying. To grow wealth to support your family, to leave that legacy. You know? So I think that heart’s desire is so critical. Hmm. Yeah, for sure. But I’d say, well, let’s take a quick break and we’ll jump back in and we’ll talk a little bit about patients.

Cause I know our, our, our listeners out there love, hearing about that when it comes to, uh, getting rich, right. Everybody we’ll be right back guys.

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let’s talk about patients. So we’re trying to figure out how to get rich. So why in the world we bring it up patients. Well, guess guys, you got to ask the patients. I mean, This, this thing doesn’t happen overnight. We live in that world where we need it. Now, you know, the, uh, everybody tells us we want it.

Now the credit card companies tell us they want it. Now you go get a mortgage. And for instance, they’re going to tell you that you’re approved for, let’s say that you’re looking for a $300,000 house and you’re may get approved for a 500,000. Well, the realtor is, and all those guys, they just want to show you 500,000.

They don’t want you to think of that to three, even though you’ve set your rules. So to Andrews, You set those boundaries, you define those, you don’t let the institutions and the lendings and all that stuff, you know, tell you, tell you that you have to set those rules and then you have to execute some patients that be able to stick to it and follow through and understand it. It’s going to take time.

21:25 Andrew
It’s going to take time. Nobody wants to hear it. Um, we see it a lot with what we do and we study the stock market a lot and it’s amazing how much. All kinds of flows together with people’s personal finances, because it’s kind of all tied to the economy. And the thing about the economy is it’s not a binary black or white.

It’s always, it moves in cycles like the seasons. So you have times when things are good and businesses booming, and then you have times where things kind of collapsed and that’s where you need that margin of safety. I mean, engineers, don’t build a bridge to say, Hey, you know, As long as we don’t get too many cars to go on the bridge today, they’re going to be fine.

They do it in case the whole bridge is jammed up. And so if we know the economy is like the seasons we know winter is coming. So if you don’t have that margin of safety again, you’re, you’re too leveraged out and it’s gonna, it’s gonna hurt when things do change and turn the other way. It’s hard because again, when business is booming, it seems like everyone around you is making.

I mean, it wasn’t too long ago. Maybe it seems like a long time ago. Cause it was over a decade, a decade and a half ago where everybody was buying real estate because. Everybody said it can’t go any more than straight up. Yet people getting three mortgages, four mortgages, five mortgages. And that worked because real estate was booming for, for several years, many years.

And people, a lot of people were making money. And like you said, the lenders are just going to give out whatever they can to, to get their commissions. And so the people who got caught up in that, who looked around and said, Man, this guy just made a hundred thousand in like two months flipping this house, you know, they get, you get caught up in that mentality and you think, well, I should be making 200,000 in two months and then you do, and maybe you do become successful for awhile, but the seasons will change.

And sure enough, what happened back then with real estate? It all collapsed. The people with 3, 4, 5 mortgages were the ones who were burned them. Lava mad to start over, you know, imagine starting your whole life over in your thirties or forties. And so, you know, that same thing is not just with real estate that happens all of the time in the stock market.

And that means it happens all of the time with people’s finances too. So we need to be cognizant whatever the latest get rich quick scheme is today. It’s going to collapse because again, winter is coming and you have. But that put that limit on yourself to say I’m going to stay patient because it might take me longer, but it’s sustainable versus somebody who might do it in a couple months and then have to start over.

24:02 Chris
Yeah. You know, a lot of times I’m thinking right now of a fish hook and I don’t even know why, but like, cause I have one right here behind my mantra, maybe because, and just think about it. I mean, it looks flashy. I mean, they’re awesome looking. There’s a lot of glitter. And, and going through the water, it really looks cool until you’re that fish that grabs a hold of it.

And then you find out there’s a hook in it, you know? And you sometimes with these things that are out there, and there’s so many things out there, how many, if you follow any investing outside of Andrew, what he’s doing now, you guys really walk that bet that rope on making sure it’s a good investment that is conservative, that we’re fighting.

Yeah, good principles, but there’s a lot of stuff out there. I mean, if you just, just clicking what NFT and start looking for some of that stuff for Bitcoin and all these, I mean, you can really get sucked in into like, well, this person made $40,000 in a week walking in. I, you know, and that, and then the devil starts working on your heart.

And that’s what I want to go back to. One of the verses that we talked about it too, is Proverbs 2021. That inheritance game in Hurley in the beginning will not be the blessed in the end.

25:09 Andrew
It is, you have to be really careful because, um, I think it was either Warren buffet or his partner, Charlie Munger. He said, um, out of all the deadly sins and these, the only one where you don’t get to have any fun.

And when you’re always constantly, he said, I didn’t say it right.

25:27 Chris
That’s right.

25:28 Andrew
You know, he’s he knows what he’s talking about when it comes to money and. Um, it’s that thing where you’re not going to be happy if you’re constantly trying to be the fastest one down the finish line, there’s always gonna be someone faster and.

Out of those big stories where you hear one person who made like a million dollars 99 of ’em, didn’t make a thing or a loss, a ton of money. And you’re only going to hear about the one, honestly. That’s right. So you, you, you, you just have to kind of put your blinders on in that case and say, you know, I I’m going to do the things I can control, which is leave me a margin of safety in my budget.

Have a habit where I’m putting money in and I’m saving and investing that consistently and then, you know, trust God to do the rest.

26:17 Chris
That’s it, that’s it. But doing that, Andrew, it takes a lot of discipline, man. I mean, that’s not, that’s not, you know, that’s not how we’re wired. I don’t think at the Gators that there’s a lot that has to be learned.

And I think wisdom comes with that. And again, Maybe surrounding yourself with people and ideas that align with where you’re trying to go. So, you know, you have to be so careful. That’s why I’m so big on what, you know, how you guys are promoting, investing in that margin of safety and the slow and steady, and making sure you evaluate, evaluating your different options to right way, because we’re just not disciplined period.

So many of us, and I’m speaking for myself too. Put a bag of M and M’s in front of me and watched the discipline go out the window. I mean, it’s just, it’s not going to happen. Right. So it’s just, sometimes we have to be very cognizant and aware.

27:07 Andrew
Yeah. I mean, I fall victim to it too. I, I fall in love with the super complex. Um, concepts and it’s almost like a puzzle to me and I want to solve and NFTs and crypto is super, super fascinating, but that said, you know, you got to separate, what’s exciting from wha whether you actually going to put most of your time and your money into those investments. And to a certain extent, you only get some of those things once.

Right. So you do have to be careful. And I very much like the idea you brought up. Having a lot of people to kind of lead you along the way and keep you focused to stay disciplined. It is a process. I mean, you’re not going to listen to this episode and then be completely set on your way. And, and, you know, suddenly you’re on the perfect path to financial freedom.

It’s a process. It takes steps. And when I look back over, it’s been a long journey and I’m still on it. Obviously I think most people will be for their whole life. There’s always been either big sacrifices I’ve had to make, or, uh, people I’ve had to listen to and, and try to get their common sense and their wisdom.

And a lot of that for me has come through podcasts actually, before I had a podcast, I was a podcast listener and I still do to some extent. And so you, you kind of have to. Intentionally plug into that stuff and take it seriously and realize you’re going to make mistakes. I mean, that truck example I gave you was five, six years into my journey already.

Or I was already saying, this is my goal. You know, I’m going to make progress. I made a bunch of progress and then it was two steps forward, one step back. Right. But that’s just the reality of it. And that’s why it’s a path and it’s not the prescription.

28:53 Chris
Ooh, that’s a good path. Man that’s t-shirt where are they? Right there, buddy. That’s awesome. But I’ll tell you what I mean, you know, so far as who you surround yourself with the types of contents you listen to, um, if, if you guys take anything, this conversation, this is real. You need to make sure the people that are around you, that you are allowing to speak into your life online, and they know they know your values.

You need to have some common values. Cause if they’re drowning in debt and this is nothing more than a . You’re just going to end up being in debt, you know, so, I mean, I’m not saying that you have to, you know, walk away from all your friends, but you may need to walk away from some of them. I mean, it’s just like, if they don’t align with where you’re going, you know, following the Lord, uh, you know, Jesus says you need to talk to them about it.

And then at some point you have to dust your feet and walk away and that’s the decision you’re going to have to make, you know, cause building wealth, if you’re taking a position of it’s going to take. I need to be, I need to make sure my does, my desires are right. I need to be very disciplined and I need to be patient.

Not all your buddies are gonna all align with that. You know, some are going to challenge it really hard and you need to be man enough to say, you know what? I don’t agree. And this is how I’m going to leave my family. And that can be a hard line to draw in the sand for a lot of guys, because you know, they’ve been our buddies and we don’t want to hurt your feelings, but at the same time, You are the only one that’s responsible for you and your family, you know, it’s up to you to make that decision.

30:25 Andrew
I mean, a lion doesn’t get through life without fighting. Right? Right. And you, you mentioned that verse about if you have a love of food, a love of wine. So if you’ve got, if you’ve got buddies who are always wanting to drink and spend a ton of money at the bar is a decision you gotta make right now, it’s like, do I want to do this every weekend?

Same thing with food. It’s like, Do I want to spend hundreds of dollars every weekend to keep these friends, or are they friends that I just got to say goodbye to that’s those are some hard choices, but you know, it’s not easy to, to make some of these choices.

31:01 Chris
Yeah. Last, uh, example on that, you know, from a health standpoint, now, if you’re trying to get, get healthy, trying to work on it, you know, try and maybe whatever those goals are, lift more, lose weight.

Eat better. You know, if you surround yourself with people who are at least encouraging you, you know, that the likelihood of you sticking with it and having a cheerleaders that best increasing, but you know, if your buddies always get Cheeto grease hands, you know, he’s telling you that you’re a moron, you know, that’s probably not the best person that you’re allowing to speak into your life, you know?

So it’s just, you got to keep that in mind. Cause I think so often we, we just, we let our guards down and we’re too, uh, W we have to loose a filter, all who we let speak into our life. And I think we really need to be careful there gas because you know, the Satan, you know, he he’s described as a Wolf. I mean, he is out there.

He is, he is roaming and he’s looking for kinks in your armor. So you got to keep the guard up, gotta keep your guard up.

32:01 Andrew
You do, especially in this day and age where anybody could say something controversial and become ultra ultra famous, just because they’re there not to be controversial. That’s why I like, that’s why sorry to interrupt.

That’s why I like what you’re doing with your show, because a lot of it ties in together this whole health, wealth, self kind of concept, right. It really, you get it’s it’s so it’s hard to build wealth if you’re tired all the time, or if you’re burning the candle at both ends, right? These, these choices you make and other areas of your life do have an impact on your wealth, whether you like it or not.

And that’s not an easy thing to kind of come to grips to. And, you know, it’s, it’s a hard conversation. Sometimes you have to have with yourself, but again, going back to trade-offs is a work worth changing some habits in your life to see other parts of your life flourish. Right? Exactly.

32:57 Chris
Let’s say what Andrew, let’s take our last break and they won’t come back and we’ll, we’ll give these guys a few more warnings and I call it action.

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We’re working our way towards, and here with Andrew, this has been a wonderful conversation with him, but I want to talk with you Andrew A. Little bit. Let’s give our guys out there as some, some tips, some ideas, you know, okay. We want to build wealth. Let’s say we got their head nodding that we’re going to be patient.

We’re going to be disciplined. You know, we’re going to take our time. We’re going, we’re going to evaluate things the right way. Where do I need to get learning to start thinking about, to really get on a good path.

34:34 Andrew
That’s tough. I mean, I guess everybody’s kinda going to be in their different stages of that.

I think the things we’ve covered are really, really key because, um, you got to have that foundation and if you’re, if you feel like you’re lacking in knowledge perspective, I’ll make that one of your habits. Uh, you know what? I’m going to invest 10 minutes, half hour, an hour, a week. Learning what I don’t know about wealth.

And there’s all, all kinds of aspects of wealth. There’s making it, there’s saving it and there’s investing it all. Three of those are important. They are. And so don’t try to tackle them all at once. If you feel like you don’t know anything, but you gotta go after it, you got to walk down the path, nobody’s going to walk it down for you.

35:20 Chris
Right. Right. And I guess one thing I’ll tell you guys right out the gate, just because I’ve seen so many people make this mistake. Winter’s keep score and you got to start keeping score out, you know, and understand when I say, keep score, you need a budget, you know, you got need, uh, you need to have a budget in place.

You know, you may not be ready to beat, to start investing to barks to start building wealth right now. That’s okay. You know, your goals are different. Your goals may need to be, you know, got a lot of student loans. That may be the big goal in front of you that God wants you to tackle. So we will tackle that one.

You’ll have time to build wealth and to be rich later. But if you, you really need to make sure your heart is aligned with what God wants you to. And then you really need to put some places and, and, and, and, and place to be some well, some practices in place rather so that you can make sure that you can keep track of your progress.

Because I think as guys, we need some, somewhat of a scoreboard scoreboard, because I mean, think about you throw a bunch of guys together. You, Andrew, you probably been. You throw us together in a basketball gym and you give us a basketball or we just go shoot hole and play horse. We’re going to freaking keep score. Right. We’re going to see who wins. There will be a win

36:35 Andrew
and I’m going to win.

36:35 Chris
That’s all right. I want to win, you know, and I think we want to win with our, uh, with our finances too. And we want to build that well. So if you want to win. You keep that mentality and, but track it, you know, it’s gets your personal journey.

So, so put some checks in place to go out there and track how you’re building wealth, make the goals. Andrew was talking about, write them down. There’s something to be said about writing a goal down that makes it a little more real. You know, if it’s in your head, it’s there, but when it’s on paper, maybe even have a date on it where you’re, you’re working towards, you know, Hey, the next 60, 90 days I wanna accomplish. All of a sudden, it all starts clicking together.

37:17 Andrew
Does it somehow, like things can align. I mean, I can look back several times of when I’ve written something down and it’s like, well, I don’t even know if I’ll get there and then you do. And you’re like, wow, that was cool.

37:29 Chris
Yeah. I mean, to the point, sometimes I’ve been afraid to write stuff down because for me. Once I write it down. It’s I got to do it. I need to be real careful about what I write down here, because all of a sudden it got, it got really real, but I just a little bit, but seriously. I mean, I think we need to do that if we’re gonna, if we’re gonna be able to go out there and build wealth and be a good steward of God’s with what he’s of his provisions.

No, we need to take that series. And we need to not just be flying by the seat of our pants. Now worrying about the Jones’s. Cause as, as I, for managers, you guys, plenty of times the Joneses are broke, focus on you and, and build wealth the right way. No, it’s going to take time. No, you need to be disciplined and make sure your heart’s desired in the right order.

So, Andrew, what are your final thoughts, man? Yeah,

38:20 Andrew
I liked that idea of build it in the right way. That’s really going to be the only sustainable way. Uh, I’ll give like two kind of quick tips. Um, one is kind of like from my entrepreneurial background and one’s just a general personal finance thing. Sure.

And they both kind of tie in together. So I would say like the first thing is you got to pay yourself first. And so what that means is you need. I, if, if you, if you have like these goals are they’re just so it’s like, man, I’m not going to crawl this hole for 10 years. Just start putting some money now.

And, and I always talk about recommending $150 a month. As something that’s, I mean, that’s not much more than people pay for a cell phone. So if you can figure out how to afford the cell phone, you should be able to figure out how to afford something like 150 bucks, because you’d be surprised even starting young, when you feel like you have no money, you let 150 bucks a month compound over time.

And the math behind it is just astronomical. It’s like pushing a snowball down the hill. It, you, you set the, the effort in there and then it really. Becomes a flywheel that works on its own after that. And so I would say, try, just try something. Don’t, don’t let yourself get paralyzed, put a little bit in and see what, you know, what the stock market’s all about.

It’s a great way to build wealth. The other thing I would say is time is something I think that’s not really thought about when it comes to wealth. Right. And you know, I, I can do things all the time. And as a, as some of these, like an entrepreneur. I probably don’t do a great job of this sometimes of wasting time when you shouldn’t be wasting it.

You know, the flip side of that is, um, I think it was Brian Tracy or one of the big, um, self-help people long time ago when he wrote the book, he said something like, always invest. I can’t remember if it was 1%, 2% or 3% of your income back into yourself. And so, you know, I was, I was thinking about before we jumped on today, one of those things that you don’t think about, about what you did on your journey for me, I’m Al.

I made it a priority. I made it like, like this was a non-negotiable to me, even when I had no money. And I was like, I was struggling. I was really struggling. Uh, I’ve always kept in the audible membership because it’s something that’s, I don’t remember how much it is. I think it’s like $16 a month. It’s really not much, but it’s just that little investment in yourself.

And it’s the way that that knowledge has compounded for me has been astronomical. We don’t necessarily think about investing money in ourself like that, but if you’re in like a dead end career and you need to get out, invest a little bit, I’m not talking about going to get a new college degree for 40 grand.

The talk about, can you afford a hundred dollars to learn the skills to get out of your rut and move towards something. That’s going to give you some momentum, give you a higher salary. Those are the kinds of things that maybe are a little bit outside the box that people can consider.

41:21 Chris
No doubt, no doubt. Well, Andrew, this has been incredible, man. Lots of great insight here. I think the, the, the, uh, want to remind the listeners, go to the show notes, to check out ways to connect with Andrew, what he’s doing there, because I think your newsletter or the e-letter unbelievable way to learn about the stock market stock market and to grow your personal knowledge and, uh, to be it, to be able to be in a position to build well. So any other ways you like for listeners to connect with.

41:51 Andrew
I mean, you can listen to our podcasts. If it’s something that you’re interested in, the investing for beginners podcasts, near path to financial freedom. Um, we’re all over the place too, but that’s, that’s a good place to start.

42:01 Chris
Yup. Check, check the show notes out guys. All the links will be there for the investing for beginners podcasts. I’m a regular listener of that. Been blessed enough to actually be on it. So, I mean, he ran through a spell where he was really hurting for guests. So they asked me to be on, but it was a, it was a case. It was a blessing to be on that show.

So guys, thank you for listening to this one. If you like, it shared us with those other lines out there, you know, get it out there. Do not keep this in your pocket because we need to be able to, uh, to get that two brothers that, that need to hear this message, you know? Cause there’s so many of us out there that feel like we’re.

So we’re not, I mean, Andrew and I, we got connected through podcasts. You know, and through that, it’s led to this friendship. Now we’re, we’re doing this podcast together. I mean, it’s wonderful. What, what God will do when you open your heart up and you share it with a brother. So, I mean, go out there, give us a five star rating, write a review, go to the line within.us, check out our website for all the resources, everything that you need to connect with us from our coaching, uh, to the Bible, study everything that’s out there.

So guys make this a great week. You know, now you now, you know how to get rid of. Yeah, here you go. So, and they’ll go out and unleash the lion within.