ML33 – From Money Moron to Self-Made Millionaire with Scott Alan Turner

Scott Alan Turner is an early retiree who went from “money moron” (his words) to self-made millionaire in 13 short years. He has been debt free since 2009 and now spends his time helping others become financial rock stars through his best-selling book, a talk radio show, and his podcast. He has been quoted on Forbes.com, Business Insider, Money magazine, CNBC, and U.S. News and World Report.

Scott Alan Turner

Episode Summary: From Money Moron to Self-Made Millionaire with Scott Alan Turner

  • The only thing my parents taught me about money was “saving is good”
  • When you don’t have bills and you don’t have debt you can build wealth at an extraordinary rate
  • The 3-legged stool. Income increase, marriage (consolidation), savings
  • Small steps today can have a huge impact down the road on your finances.
  • The compounding impact of small decisions made over time
  • Become a conscious spender, a value based spender
  • There is no negative to eating healthy
  • Become a one-man wrecking crew
    • Start with a safety net – 6-9 months of expenses.
    • Wear many hats
    • Avoid business debt – cash flow as you go
  • Work life integration

Listen to the Audio

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Learning From Leaders: 

Current Book: Unshakeable: Your Financial Freedom Playbook by Tony Robbins

Best Movie Ever: The Lord of The Rings (Trilogy)

Leadership Superpower: Unwavering Focus

Motivational Mantra: 

Leadership Trait to Pass to Next Generation: Do whatever you want in life, just be the best at it.

Best Book Ever: How to Win Friends & Influence People by Dale Carnegie

Additional Items Mentioned

99 Minute Millionaire: The Simplest and Easiest Book Ever On Getting Started Investing And Becoming Rock Star Rich by Scott Alan Turner

Scott’s website

 

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Podcaster | Speaker | Leadership Mentor

Jake Carlson is a popular speaker, accountability partner, and host of the Modern Leadership podcast. Jake built his business while traveling with his family around the world. Follow him on Facebook, Twitter, Instagram or LinkedIn. Read more about him here.