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March 3, 2025 43 mins
Wealth building doesn’t have to be complicated, but most of us were never taught the fundamental principles that make it possible. In this first episode of our three-part series, Jay Papasan breaks down "The Path of Money"—a straightforward model originally shared by Gary Keller in The Millionaire Real Estate Investor. Jay shares his own journey from an English-French major with no financial background to a successful investor, highlighting the simple but powerful shifts that helped him and his wife build financial security and freedom. This episode simplifies financial jargon and provides a clear roadmap for making money decisions with confidence. Whether you’re struggling with money, looking to grow wealth, or just curious about how the most successful investors think, this framework will help you make informed choices. Challenge of the Week: Go to the1thing.com/pathofmoney and download the free framework. Take 30 minutes to analyze where your money is currently going. How much are you spending, saving, donating, or investing? Understanding your financial choices is the first step in building wealth. *** To learn more, and for the complete show notes, visit: the1thing.com/pods. We talk about: How to simplify wealth building using the "Path of Money" model. The key differences between earning, saving, and investing money. Why understanding passive vs. active investments accelerates financial freedom. Links & Tools from This Episode: Download the free Path of Money framework to start making your money work for you. Read The Millionaire Real Estate Investor by Gary Keller, Jay Papasan, and Dave Jenks Read What I Learned Losing a Million Dollars by Jim Paul and Brendan Moynihan Free Resources Want to be a guest or share feedback? Email podcast@the1thing.com or send us an audio note at Speakpipe.com/the1thing. This podcast is for general informational purposes only. The guest’s views, thoughts, and opinions represent those of the guest and not KWRI and its affiliates and should not be construed as financial, economic, legal, tax, or other advice. This podcast is provided without any warranty, or guarantee of its accuracy, completeness, timeliness, or results from using the information. Produced by NOVA 
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