Getting Rich and Building Wealth Aren't the Same | Chris Hogan

THE AMERICAN DREAM I NOT DEAD. We are conditioned to spend money. We think, “I’ll just get a credit card. I’ll just get a loan. I’ll just pay for it later.” Advertisements tell us to spend, spend, spend. What if, instead, you became allergic to debt. I’m lucky that my father taught me the importance of savings and investing. But I see so many of my friends spend all of their paychecks. On today’s episode of The School of Greatness, I talk about growing wealth with a personal finance expert: Chris Hogan. Chris Hogan is a best-selling author and America’s leading voice on retirement, investing, and building wealth. His goal is to help as many people as possible avoid financial traps and set their families up for the future. Along with speaking at events across the country, Chris works with business leaders, professional athletes, and entertainers to help them set goals and navigate their financial futures. Chris says that to grow money you need time and compound interest. He never buys anything that he can’t pay for in cash. So get ready to learn how to build extraordinary wealth the slow and steady way on Episode 751. Some Questions I Ask: How do millionaires think differently than non-millionaires? (14:00) How do you manage emotional challenges so they don’t affect your money? (16:00) What’s the difference between getting rich and building wealth? (30:00) How do we get people to be allergic to debt? (36:00) What type of education should people be looking for right now? (40:00) Do you recommend people get a side hustle? (54:00) Should you do a prenup when you get married? (58:00) In This Episode You Will Learn: How Chris started working with Dave Ramsey (9:00) Two myths about millionaires (12:00) Top three positions of the millionaires Chris studied (13:00) The four people everyone needs in their life (14:00) Chris’ thoughts on cryptocurrencies (26:00) Why automatic investing is the best method for saving (40:00) The four D’s to partnerships (56:00)