cover of episode Fit Rich Life | Justin David Carl | Episode 520

Fit Rich Life | Justin David Carl | Episode 520

2024/11/11
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Justin David Carl：我从在好莱坞夜店工作，负债8万美元，税务滞后6年，并深陷成瘾的困境中走来，最终实现了财务独立和令人印象深刻的健身目标。我的转变源于对财务独立的觉醒，这源于我听了ChooseFI播客和Mr. Money Mustache的访谈。我开始追踪我的财务指标（支出、储蓄率）和健身指标（营养、锻炼），并采用了成长型思维模式。我意识到人际关系、环境和消费习惯对个人成长至关重要。通过设定明确的目标（例如，降低体脂率和提高储蓄率），并持续追踪和调整，我最终在两年内从负债累累到成为百万富翁，并在第三年成为千万富翁。在这个过程中，聘请健身教练和职业教练也起到了关键作用。他们帮助我制定了科学的计划，并指引我克服了自身的局限性。 Brad：Justin的故事强调了追踪指标、设定目标和采用成长型思维模式的重要性。他的经历也说明了，即使身处困境，只要有决心和正确的策略，任何人都可以实现人生的逆袭。此外，他还强调了人际关系、环境和消费习惯对个人成长和成功的影响。

Deep Dive

Chapters
Justin shares his journey from being $80,000 in debt to discovering financial independence through Mr. Money Mustache and ChooseFI.
  • Justin was $80,000 in debt and six years behind on taxes.
  • He discovered financial independence through Mr. Money Mustache's interview on Tim Ferriss's podcast.
  • Reading 'The Shockingly Simple Math Behind Early Retirement' was a pivotal moment.

Shownotes Transcript

Justin David Carl shares his remarkable journey from being $80,000 in debt and working in Hollywood nightlife to achieving financial independence and impressive fitness goals. He discusses key principles that guided his transformation, including the importance of environment, community, accountability, tracking metrics, and embracing a growth mindset. Key Topics and Takeaways -
00:02:44 Justin's Awakening Moment

  • Discovering financial independence through Mr. Money Mustache and ChooseFI. Justin shares his early struggles with debt and the turning point that launched his journey.

Overcoming Debt and Personal Challenges

  • Justin candidly discusses his past, including addiction and the shame spiral from unresolved financial issues. He emphasizes that confronting these struggles was key to his transformation.

  •  "Depression can serve as a reset for your psyche." 

The Role of Coaches in Growth

  • The impact of hiring coaches for guidance in both fitness and financial success.

Tracking as a Tool for Success

  • Justin emphasizes the importance of tracking both financial metrics (expenses, savings rate) and fitness metrics (nutrition, workouts).

  • Key Quote: "What gets measured gets managed." 00:48:40

  • "Boost your savings rate to build wealth faster." 00:32:49

Principles for Continuous Growth

  • Justin shares three core principles:

  • You are the average of the five to ten people you spend the most time with.

  • You are a product of your environment.

  • You are what you consume.

  • Action Item: Evaluate your current environment and the people you are spending your time with.

 

Additional Resources - Fit Rich Life Coaching: fitrichlifecoaching.com)

  • Savings Rate Tracker: fitrichlifecoaching.com/tracker)
  • Workout Program: fitrichlifecoaching.com/workout)

Tim Ferris Article on Mr Money Mustache) The Shockingly Simple Math of Early Retirement) Social Media - Follow Justin on Instagram: @JustinDavidCarl)

  • "It's never too late for a second chance." 00:18:03
  • "Your consumption shapes who you are." 00:56:02

Discussion Questions - How can tracking financial habits influence our spending? 00:32:33

  • What strategies can we implement from a growth mindset perspective? 00:20:38