Episode Summary:
In this week’s episode, we talk with Jesse Cramer from The Best Interest. Jesse paid off $50,000 in student loans in six years and built a net worth of $250,000 before 30. He is an engineer by day and a blogger and podcaster on The Best Interest in his spare time. The Best Interest is on a mission to improve lives by teaching valuable personal finance and investing knowledge. He shares his financial journey, his five financial pillars, the financial order of operations, his thoughts on net-worth tracking, and some fun stories about his recent engagement. We also discuss the importance of psychology over math with money and the importance of optimizing your success-to-stress ratio.
Episode Notes:
We discuss a wide range of topics with Jesse:
- How Jesse grew up financially and what it taught him.
- How The Best Interest got started.
- His five core pillars on the Best Interest are: (1) personal finance is personal, (2) money involves math and psychology, (3) money isn’t a dirty subject, (4) optimize your success-to-stress ratio, and (5) personal finance isn’t rocket science.
- The financial order of operations.
- His love of the YNAB app.
- If given the chance, what he would write on a billboard.
- His recent engagement and why his future brother-in-law was wearing a ghillie suit.
Show References: