Episode of My First Million with Sam Parr and Shaan Puri.
Transcript
Note: This transcript was auto-generated from YouTube captions. It may contain errors and lacks speaker identification. A full Gemini audio transcript will replace this.
Kind: captions Language: en i’m like 29 i sold the business so when you go through an acquisition you have a closing date and then all of a sudden this gigantic amount of money just hits your bank account and you’re like what the [ __ ] did i just do is this legal like did i just sell drugs some people think you just celebrate and you’re like i made it yes i was like the opposite i grew up poor so going from like that to an absorbent amount where i’m comfortable like i was sick i can literally buy a house cash the first thing i did was i hired a wealth manager to move all the money out of my bank account we just bought bonds i knew nothing about bonds and then all of a sudden i’m like why is there more money and they’re like yeah that’s how bonds used to work at least but i used to go into the bank a few times before that wire and i’d pull out like a bill just so they can see my account similarly we had this guy james hong who created hot or not on the podcast he said the same thing he goes i used to go to an atm machine and just put my card in and say print balance and just look at it he’s like i would just do that like every day for like the first like in a week that it happened and then like go about his day it just made him happy