RSG214: Financial Advice for Gig Workers

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In this episode, I’m chatting with Sam Dogen of Financial Samurai. Sam’s been on the podcast before (check out the show notes!) and we’ll be chatting about his new book, Buy This, Not That: How to Spend Your Way to Wealth and Freedom. We’ll cover some financial advice for gig workers, Sam’s experience as an Uber driver, and you won’t want to miss what he has to say about a potential recession.

Intro to Sam Dogen

  • Started the website/blog Financial Samurai in 2005
  • Author of new best-selling book, Buy This, Not That: How to Spend Your Way to Wealth and Freedom
  • Writes based on first-hand experience
  • Early retirement, fake retirement, entrepreneurship are his passions

Buy This, Not That

  • Book is designed to help readers make optimal decisions
  • Think in probabilities vs absolutes – 70/30 decision-making framework
  • Gig economy – overall probability is high that you will make money
  • Book is for anyone who wants to grow wealth to have more freedom to do what they want

Uber Driving Experience

  • Sam gave over 500 Uber rides to try it out
  • Wanted to hear people’s stories
  • Many writers only would do 1-2 rides and write a story about it, wanted to do more

Gig Economy

  • “Own your platform”
  • The internet has revolutionized ways to earn money
  • “Go ahead and get it!”

Financial Mindset

  • Go on the offensive with your mindset
  • “You deserve to be rich”
  • Many people who don’t “deserve” to be rich, are
  • So what’s holding you back?

Recession Advice

  • Probably already in a recession
  • Welcome it with open arms
  • Build better relationships with your bosses and employees
  • The key is survival – the good times will come again

Show Notes

Financial Samurai

Buy This, Not That: How To Spend Your Way To Wealth And Freedom

How To Make Lots Of Money Blogging In 2021+

Connect with Sam via Twitter @financialsamura