715. Ten Reasons I Successfully Built Wealth

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Mar 12, 2026

A personal list of ten habits and decisions that accelerated long-term wealth building. Topics include relentless consistency in investing, automating savings by living on one income, and ignoring tiny optimizations. He also covers redesigning a medical practice to boost income, thinking in decades, embracing failure as experimentation, and adopting an abundance mindset.

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Keep Buying Through All Market Conditions

Do keep buying consistently through all market conditions to win over decades.
Jordan Grummet started with individual stocks and poor funds but steady purchases eventually led him to index funds and success.

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Automate Savings Instead Of Detailed Budgets

Do automate savings instead of obsessing over a detailed budget to make wealth-building frictionless.
Jordan saved one spouse's entire income into investments and lived off the other, avoiding month-to-month category tracking.

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Ignore Small Financial Optimizations

Avoid sweating small optimizations that yield tiny returns and instead focus on big moves that drive wealth.
Jordan dismisses time spent on points, I-bonds, or perfect savings accounts as low impact compared with indexing and earning more.

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In this Thursday “10 Things” episode of the Earn & Invest Podcast, Doc G shares his personal list of the ten biggest reasons he believes he successfully built wealth. Inspired by a recent conversation with financial historian Joseph Moore, Jordan begins by acknowledging the privileges that helped shape his path, including being born in the United States and growing up with professional parents. But he emphasizes that a series of specific habits and decisions—some simple and some unconventional—ultimately accelerated his financial journey.

First, he credits relentless consistency. Inspired by Nick Maggiulli’s philosophy of “just keep buying,” Jordan invested throughout his entire career regardless of market conditions. Even when he made early mistakes—buying individual stocks or expensive mutual funds—the habit of consistently purchasing assets eventually led him to the simplicity and power of broad index fund investing.

Second, he explains why he never relied on a traditional budget. Instead, he and his wife automated their finances by living off one income while sending the entirety of the second income directly into savings and investments. This approach allowed them to build wealth automatically while avoiding the stress of tracking every spending category.

Jordan also discusses why he stopped worrying about financial minutiae. Rather than chasing small optimizations like credit card points or the highest-yield savings accounts, he focused on the big financial moves—saving large portions of income, investing consistently, and building a profitable business.

Throughout the episode, he highlights several other mindset shifts that shaped his success: ignoring people who said something “couldn’t be done,” redesigning his medical practice into a low-overhead concierge model, and thinking in decades rather than weeks or months when pursuing long-term projects.

He also shares the importance of embracing failure through experimentation, adopting an abundance mindset, losing interest in accumulating material possessions, and forgiving himself for inevitable financial mistakes along the way.

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