MoneyWise

RE-RUN Imagine being worth $150 million. Liquid.  Now imagine being worth that much, and only spending $5,000 a month. That’s the reality for this episode’s guest. “Cam” is going to share a lot of financial details with us, so he’s asked to remain anonymous. What we can tell you, is that he made most of his money when a business he started went public at a valuation of around a billion dollars. That happened in his late 30s.  In his early 30s, Cam was still only worth a couple grand. There’re a lot of crazy stories in between that we’ll hear about in this episode. Including how his first million was almost accidental. We’ll also explore why Cam’s monthly spend is so low, how his value of privacy and the impact money has on relationships plays into that, and where that $5k goes every month. On top of that, we’ll get into the nitty gritty about how he’s saving and investing the rest of his money, as well as the kind of spending that brings Cam genuine joy. This is Moneywise, a podcast where host Sam Parr is joined by high-net-worth guests to explore exclusive insights into personal finance and lifestyle tailored for other high-net-worth people, or those on their way. They'll get radically transparent about the numbers, revealing things like their burn rates, portfolios, and spending habits. Who is Sam Parr? Sam is a serial entrepreneur and the co-founder of The Hustle [https://thehustle.co/], which he sold [https://techcrunch.com/2021/02/04/hubspot-acquires-media-startup-the-hustle/]to HubSpot [https://www.hubspot.com/]in 2021. He's also the co-host of one of the world's top podcasts for entrepreneurs, My First Million [https://www.mfmpod.com/]. Known for his insightful business acumen and candid communication style, Sam Parr continues to be a prominent figure in the world of media and entrepreneurship. Sam's newest and biggest venture yet is Hampton [https://joinhampton.com/], which he co-founded in 2022. This podcast was made for the Hampton community [https://joinhampton.com/about-us], a private, highly-vetted, peer membership community for founders and CEOs of fast-growing, tech-enabled startups. Chapters: Cam’s early family life (2:28) Moving to LA and “city camping” (4:23) Pissing off casting companies (6:14) His accidental first million (8:37) Net worth timeline breakdown and investments (10:04) Why he doesn’t tell his family or friends his net worth (20:09) Cam’s favorite way to spend his money (28:04) The story of his dog (34:03) Making his money later in life (36:44) This podcast was produced in partnership with Lower Street [https://lowerstreet.co/moneywise] and distributed by Morning Brew. [https://www.morningbrew.com/daily]

What happens when wealth pushes your relationships to the limit? Navigating life after a massive financial windfall isn’t easy—it can transform your life, your marriage, and your happiness in unexpected ways. Our guest, Chuck, shares his story of selling his company for $2.5 billion and the emotional and relational challenges that followed. His perspective is shaped not only by his own journey but also by a family history of building and losing fortunes. Chuck’s background is as bold as it gets. By 28, he was making $800K a year in sales, but he risked it all to build a company from scratch. That gamble paid off, with his business growing to hundreds of millions in revenue before selling in a deal that changed his life forever. However, the wealth brought its own struggles—unexpected divides in his marriage, a sense of purpose lost, and lessons about how money can either enhance or destroy a family. This is Moneywise, a podcast where hosts Sam Parr and Harry Morton [http://www.harrymorton.com/] are joined by high-net-worth guests to explore exclusive insights into personal finance and lifestyle tailored for other high-net-worth people, or those on their way. They'll get radically transparent about the numbers, revealing things like their burn rates, portfolios, and spending habits. Who is Sam Parr? Sam is a serial entrepreneur and the co-founder of The Hustle [https://thehustle.co/], which he sold [https://techcrunch.com/2021/02/04/hubspot-acquires-media-startup-the-hustle/]to HubSpot [https://www.hubspot.com/]in 2021. He's also the co-host of one of the world's top podcasts for entrepreneurs, My First Million [https://www.mfmpod.com/]. Known for his insightful business acumen and candid communication style, Sam Parr continues to be a prominent figure in the world of media and entrepreneurship. Sam's newest and biggest venture yet is Hampton [https://joinhampton.com/], which he co-founded in 2022. Check out Sam’s Companies:  Hampton [https://joinhampton.com/] Sam’s List [https://samslist.co/] This podcast was made for the Hampton community, [https://joinhampton.com/about-us] a private, highly-vetted, peer membership community for founders and CEOs of fast-growing, tech-enabled startups. Chapters: Chuck's Early Success and Business Journey (03:31) Building and Scaling the Business (04:39) The Emotional Rollercoaster Post-Exit (06:14) Financial Responsibility and Spending Philosophy (09:37) Generational Wealth and Family Dynamics (12:45) Entrepreneurial Spirit and Taking Risks (16:25) The Role of a Supportive Partner (18:15) Taking Risks Together (18:48) Emotional Decisions Over Financial Ones (19:42) Reflecting on Happiness and Money (23:20) Balancing Wealth and Family (27:30) Chuck's Spending Habits (28:27) Advice to Younger Self (31:28) This podcast was produced in partnership with Lower Street [http://authority.fm] and distributed by Morning Brew. [https://www.morningbrew.com/daily]

What happens when the big exit doesn’t fill the void? Josh Payne thought selling his company for $80 million would be the defining moment of his life. Instead, it sent him into one of the darkest periods he’d ever experienced. Josh’s story is a testament to the complexity of success. As the founder of StackCommerce, Josh grew his company from $0 to $32 million in annual revenue, eventually selling it for a life-changing sum. But with his emotional wellbeing tied so closely to his business success, he found himself struggling to find purpose once his goal was achieved. In this episode, you’ll learn how Josh’s early years in the Midwest shaped his drive for entrepreneurship, what it felt like to grow a company from nothing to millions—and why he struggled when growth slowed, the challenges and emotions of selling his business and suddenly becoming a multi-millionaire, as well as how he found his way out of post-sale depression through therapy, family, and physical challenges like completing an Ironman and why Josh is now building a new company—but this time, with a focus on joy, service, and sustainability. This is Moneywise, a podcast where hosts Sam Parr and Harry Morton [http://www.harrymorton.com/] are joined by high-net-worth guests to explore exclusive insights into personal finance and lifestyle tailored for other high-net-worth people, or those on their way. They'll get radically transparent about the numbers, revealing things like their burn rates, portfolios, and spending habits. Who is Sam Parr? Sam is a serial entrepreneur and the co-founder of The Hustle [https://thehustle.co/], which he sold [https://techcrunch.com/2021/02/04/hubspot-acquires-media-startup-the-hustle/]to HubSpot [https://www.hubspot.com/]in 2021. He's also the co-host of one of the world's top podcasts for entrepreneurs, My First Million [https://www.mfmpod.com/]. Known for his insightful business acumen and candid communication style, Sam Parr continues to be a prominent figure in the world of media and entrepreneurship. Sam's newest and biggest venture yet is Hampton [https://joinhampton.com/], which he co-founded in 2022. Check out Sam’s Companies:  Hampton [https://joinhampton.com/] Sam’s List [https://samslist.co/] Who is Harry Morton? Harry Morton is the CEO of Lower Street, [http://authority.fm] a company specializing in premium podcast production that he founded to transform brand narratives through audio storytelling. His expertise has made Lower Street a leader in the podcast industry, working with diverse clients from startups to Fortune 500 companies to enhance their market presence and audience engagement. This episode also features an interview conducted by Andrew Namanny. Check out his podcast Permission to Shine. [https://www.youtube.com/@PermissionToShinePodcast] This podcast was made for the Hampton community, [https://joinhampton.com/about-us] a private, highly-vetted, peer membership community for founders and CEOs of fast-growing, tech-enabled startups. Chapters: Josh's Finances and Origin Story (02:37) Early Career and Entrepreneurial Drive (06:37) Founding Stack Commerce (08:44) Revenue Growth and Financial Success (08:58) Emotional Struggles and Existential Threats (10:18) The Exit Process (14:04) Post-Exit Realizations (16:14) The Illusion of Financial Fulfillment (18:02) Reassessing Values and Spending (24:36) New Business Ventures and Goals (30:35) Reflections on Success and Fulfillment (34:38) This podcast was produced in partnership with Lower Street [http://authority.fm] and distributed by Morning Brew. [https://www.morningbrew.com/daily]

What would you do if you became a millionaire at 18? For MLB pitcher Jacob Turner, the real question was: how do I make sure I don't lose it all? Jacob signed a $7 million contract with the Detroit Tigers as a teenager, and suddenly, his life changed overnight. While most of us can’t imagine dealing with that level of wealth so young, Jacob had to figure it out fast—and he didn’t want to be another cautionary tale of an athlete who blew it all. Jacob Turner isn’t just a former MLB pitcher—he’s a financial expert with a mission. After a decade in professional sports, he transitioned into the financial world to help athletes and entrepreneurs navigate wealth. In this episode, we’ll explore the psychology of sudden wealth and how Jacob handled becoming a millionaire overnight at just 18. He shares lessons learned from his time in professional sports, including navigating the pressures of wealth disparity and resisting lifestyle inflation. Plus, you’ll hear how he transitioned into entrepreneurship, grew his financial advisory firm, and why he believes balancing purpose with wealth is the key to long-term success. We’ll also step into the financial locker room of pro ball players, getting a glimpse at how they really get paid and where their money goes. This is Moneywise, a podcast where hosts Sam Parr and Harry Morton [http://www.harrymorton.com/]are joined by high-net-worth guests to explore exclusive insights into personal finance and lifestyle tailored for other high-net-worth people, or those on their way. They'll get radically transparent about the numbers, revealing things like their burn rates, portfolios, and spending habits. Who is Sam Parr? Sam is a serial entrepreneur and the co-founder of The Hustle [https://thehustle.co/], which he sold [https://techcrunch.com/2021/02/04/hubspot-acquires-media-startup-the-hustle/]to HubSpot [https://www.hubspot.com/]in 2021. He's also the co-host of one of the world's top podcasts for entrepreneurs, My First Million [https://www.mfmpod.com/]. Known for his insightful business acumen and candid communication style, Sam Parr continues to be a prominent figure in the world of media and entrepreneurship. Sam's newest and biggest venture yet is Hampton [https://joinhampton.com/], which he co-founded in 2022. Who is Harry Morton? Harry Morton is the CEO of Lower Street, [http://authority.fm] a company specializing in premium podcast production that he founded to transform brand narratives through audio storytelling. His expertise has made Lower Street a leader in the podcast industry, working with diverse clients from startups to Fortune 500 companies to enhance their market presence and audience engagement. This episode also features an interview conducted by Andrew Namanny. Check out his podcast Permission to Shine. [https://www.youtube.com/@PermissionToShinePodcast] This podcast was made for the Hampton community [https://joinhampton.com/about-us], a private, highly-vetted, peer membership community for founders and CEOs of fast-growing, tech-enabled startups. Chapters: Jacob's Early Financial Experiences (01:59) Realizing Professional Potential (06:01) Navigating Sudden Wealth (07:33) Learning from Teammates' Financial Decisions (11:07) The Condensed Financial Timeline of Athletes (15:52) The Reality of Post-Athlete Life (19:46) Finding New Purpose (21:04) Lessons from Financial Advising (30:12) New Attitudes Towards Investment (33:49) The Value of Purpose Over Wealth (38:17) Conclusion and Final Thoughts (40:06) This podcast was produced in partnership with Lower Street [http://authority.fm] and distributed by Morning Brew. [https://www.morningbrew.com/daily]

We just hit our 25th episode! To celebrate, we’re doing a special recap of the best lessons from all our past conversations. Sam’s looking back at the standout advice from founders, entrepreneurs, and experts who opened up about what really happens when you hit major financial success—and the stuff no one talks about. You’ll hear insights from Mike Beckham on why giving back keeps lifestyle inflation in check, Dr. Becky’s take on raising resilient kids in a world of privilege, and advice from founders who’ve faced the mental rollercoaster that comes after big exits. We also dig into what it means to live a low-key, fulfilling life, even if you’re worth millions. This is Moneywise, a podcast where hosts Sam Parr and Harry Morton [http://www.harrymorton.com/] are joined by high-net-worth guests to explore exclusive insights into personal finance and lifestyle tailored for other high-net-worth people, or those on their way. They'll get radically transparent about the numbers, revealing things like their burn rates, portfolios, and spending habits. Who is Sam Parr? Sam is a serial entrepreneur and the co-founder of The Hustle [https://thehustle.co/], which he sold [https://techcrunch.com/2021/02/04/hubspot-acquires-media-startup-the-hustle/]to HubSpot [https://www.hubspot.com/]in 2021. He's also the co-host of one of the world's top podcasts for entrepreneurs, My First Million [https://www.mfmpod.com/]. Known for his insightful business acumen and candid communication style, Sam Parr continues to be a prominent figure in the world of media and entrepreneurship. Sam's newest and biggest venture yet is Hampton [https://joinhampton.com/], which he co-founded in 2022. Who is Harry Morton? Harry Morton is the CEO of Lower Street, [http://authority.fm] a company specializing in premium podcast production that he founded to transform brand narratives through audio storytelling. His expertise has made Lower Street a leader in the podcast industry, working with diverse clients from startups to Fortune 500 companies to enhance their market presence and audience engagement. This podcast was made for the Hampton community, [https://joinhampton.com/about-us] a private, highly-vetted, peer membership community for founders and CEOs of fast-growing, tech-enabled startups. Chapters:  Lesson 1: Finding Purpose After Early Retirement (01:47) Lesson 2: Raising Resilient Children in Wealthy Environments (04:28) Lesson 3: The Impact of Giving (06:55) Lesson 4: Stress and Growth vs. Peace and Letting Go (09:22) Lesson 5: Jennifer's Story: Financial Red Flags in Relationships (13:57) Lesson 6: Financial Stress: A Wild Story of Loss and Resilience (16:32) Lesson 7: Beware of Burnout: Lessons from Ryan and Pete (18:46) Lesson 8: Small Town Success: Travis's Story (21:25) Lesson 9: Knowing When to Walk Away: Laura and Jeff's Insights (24:14) Sam’s Personal Top Takeaways (27:45) This podcast was produced in partnership with Lower Street [http://authority.fm] and distributed by Morning Brew. [https://www.morningbrew.com/daily]