Jan 16th, 2020 | Money Podcast

"WHY I LOVE MONEY...AND YOU SHOULD TOO!" There are an awful lot of people these days who have a problem with money. They don't like corporations or people with money or the trappings of money. They think money should be given away rather than earned, taxed from the pockets of rich people who've earned their money and put into the pockets of those who haven't.

Tom's not ashamed to say that he LOVES money! In fact, Tom wants to have as much money as he can possibly get. Find out why!

This article from the New York Daily News called Rich people live healthy lives nearly a decade longer than poor people, new study says is what started it all.

In this episode, Tom talks about this piece from Vice about the two homeless moms in Oakland who took over and squatted in an unoccupied property with their kids.

Tom mentioned a book he swears by called The Millionaire Next Door. He considers this book to be like his own life story!

Do you love money? Write Tom and tell him why or why not: tom@blowmeuptom.com.

HOUR 1

Comments

Submitted by TallTim on

Anyone who says it can't doesn't have any.

I'm like you Tom, self-sufficient and work for myself. I don't advertise it though, because even though its tempting to get some easy chicks -- you know they're just gold diggers and they're not worth your time.

Which brings me to another thing -- I'd love to hear you talk about how you handle those gold diggers, because every once in a while I get one that has a clue about my resources and they're usually trying VERY hard to get their hooks in.

I do the Leykis 101 rules, no girlfriends and I don't like taking broads to my place.

Just wondered if you had any other input on that subject.

Submitted by Nobody of note on

If you take care of your tools then your tools will take care of you.

I'll be the first to admit that I'm no numbers freak. Every once in a while I would get a good grade in a math class or barely sneak my way into an advanced-level math class during my school days but those days are behind me. Now that I'm out of school my facility for numbers is probably tops out on the high side of average, but that's more than enough. If you can work a spreadsheet and a calculator, they'll do all the hard work for you. A spreadsheet is a tool. Just like money is a tool. It's not some mysterious elixir of greed, it's just a tool people use to achieve goals.

I'll also be the first to admit that I'll probably never be as rich as Tom. Owning three luxury cars and two 7-figure houses in California isn't a realistic goal for me. But three sensible care and one upscale house in a place like Texas is very realistic for the kind of career I have. I'm probably never going to make a seven or eight figure annual income. I think most people who do probably have some advantageous intellectual predisposition that's hardwired into them from day one, like Tom's affinity for numbers. But you don't need a fancy IQ to carve out a comfortable existence for yourself. All you have to do is use the tools you have the way they were meant to be used. Money is not meant to squandered, nor is it meant to be hoarded. It's meant to be used in a way that makes it grow. If you figure out how to do that, you won't be poor. And the best part is that it's not that hard, assuming you have the wherewithal to get a job that generates at least an average income. All the knowledge you need to be comfortably wealthy can fit in a 50-page book that's only slightly bigger than the palm of my hand. There are many such books out there, and I own one of them.