The Retirement Wisdom Podcast

Buy This, Not That – Sam Dogen


Listen Later

Win the Retirement Game - Now Available
Saving and investing for retirement takes discipline and sacrifice. But Sam Dogen, creator of the Financial Samurai website, points out that you also need to spend money to make money. He’s taught over 90 million readers how to invest wisely, not just financially, but in all facets of life. He joins us to discuss his Wall Street Journal bestseller, Buy This, Not That, and his lessons from more than a decade into a very early retirement.

San Dogen joins us from San Francisco.

__________________________
Bio



Sam Dogen is the author of Buy This, Not That: How to Spend Your Way to Wealth & Freedom  and the mastermind behind FinancialSamurai.com, one of the largest independently-run personal finance sites with roughly one million organic visitors a month. He launched Financial Samurai in 2009 when the world was falling apart and his net worth was taking a beating. His inspiration was to help himself and others make sense of the chaos. As a finance veteran since 1999, Dogen writes from firsthand experience to provide the most helpful insights possible. He spent 13 years working at Goldman Sachs and Credit Suisse, holds a BA in Economics from The College of William & Mary, and an MBA from UC Berkeley. In 2012, he left his day job in finance at age 34 to be permanently free and pursue being a writer. He has lived in seven countries and has traveled to over 60 countries so far.

Dogen’s writing delves deeper into investing, real estate, retirement planning, career strategies, and more, so we can all achieve financial independence sooner, rather than later. Financial Samurai is also proud to be one of the pioneers of the modern-day FIRE movement. Since the financial crisis, more than 80 million visitors have stopped by FinancialSamurai.com to learn, share, and grow. In addition, Dogen’s work has been highlighted in major publications such as CNBC, MarketWatch, Forbes, The Consumerist, The Chicago Tribune, The Los Angeles Times, and many more.

Dogen is also known for The Financial Samurai Podcast and the one-of-a-kind eBook, How To Engineer Your Layoff, which teaches employees how to negotiate a severance package and be free. When not writing or podcasting, Sam can often be found on the playground taking care of his two young children or on the softball field or tennis court.


__________________________

For More on Sam Dogen

Buy This, Not That: How to Spend Your Way to Wealth & Freedom

Financial Samurai website

Weekly Newsletter

__________________________

Wise Quotes

On Purpose and Meaning in Retirement 

"It's definitely a learning process because you don't know how you will feel in retirement until you get there, until you no longer have that steady paycheck. And so for the first year, I thought 'Ok, I want to play a lot of tennis golf and travel the world.' So, that's what I did. I went to 20 countries. [I] saw nine Gothic churches. But after about the fifth church, they all started looking the same. And after about eight months, I started getting really bored of this early retirement lifestyle.

So in my mind I stopped saying I'm an early retiree. I just said I'm a writer, because I wanted to spend time writing on Financial Samurai which was, and still is, my passion hobby, the thing that I love to do every single day. And I found that the ideal amount of work - purposeful work - to do is about 20 hours a week. Now if you think about it, before in the olden days, when we had to go to the office for work, maybe let's say we're there for 9 hours. We would spend maybe three or four hours doing, at least for me, deep work and then three or four hours of so-so work, and then one to two hours of  lunch - and then just water cooler and chitchat....
...more
View all episodesView all episodes
Download on the App Store

The Retirement Wisdom PodcastBy Retirement Wisdom

  • 4.6
  • 4.6
  • 4.6
  • 4.6
  • 4.6

4.6

175 ratings


More shows like The Retirement Wisdom Podcast

View all
Jill on Money with Jill Schlesinger by Audacy

Jill on Money with Jill Schlesinger

1,953 Listeners

Sound Retirement Radio by Jason Parker

Sound Retirement Radio

449 Listeners

Your Money, Your Wealth by Joe Anderson, CFP® & Alan Clopine, CPA of Pure Financial Advisors

Your Money, Your Wealth

814 Listeners

Retirement Answer Man by Roger Whitney, CFP®, CIMA®, RMA, CPWA®

Retirement Answer Man

1,315 Listeners

Retire Sooner with Wes Moss by Wes Moss

Retire Sooner with Wes Moss

454 Listeners

Retirement Starts Today by Benjamin Brandt CFP®, RICP®

Retirement Starts Today

543 Listeners

HerMoney with Jean Chatzky by Jean Chatzky Her Money

HerMoney with Jean Chatzky

1,480 Listeners

The Retirement and IRA Show by Jim Saulnier, CFP® & Chris Stein, CFP®

The Retirement and IRA Show

752 Listeners

Big Picture Retirement® by Devin Carroll, CFP® & John Ross, JD

Big Picture Retirement®

557 Listeners

Stay Wealthy Retirement Podcast by Taylor Schulte, CFP®

Stay Wealthy Retirement Podcast

697 Listeners

Earn & Invest by Jordan Grumet (Doc G)

Earn & Invest

452 Listeners

Ready For Retirement by James Conole, CFP®

Ready For Retirement

829 Listeners

Early Retirement - Financial Freedom (Investing, Tax Planning, Retirement Strategy, Personal Finance) by Ari Taublieb, CFP®, MBA

Early Retirement - Financial Freedom (Investing, Tax Planning, Retirement Strategy, Personal Finance)

599 Listeners

Retirement Planning Education, with Andy Panko by Andy Panko

Retirement Planning Education, with Andy Panko

1,061 Listeners

Catching Up to FI by Bill Yount & Jackie Cummings Koski

Catching Up to FI

356 Listeners