Wealth Building
Explore all episodes, stories, people, and quotes related to wealth building.
Episodes (2)

Impact of NAR Settlement on the Utah Housing Market - with veteran agent Ammon Childs
with Ammon Childs
Veteran agent Ammon Childs explores the proposed NAR settlement's impact on Utah and shares timeless wisdom on the long-term wealth potential of homeownership.

Grinding To Success With Jimmy Rex
with Jimmy Rex
Jimmy Rex reveals the grit behind his transformation from a meat salesman $120k in debt to Utah's top-performing real estate investor and mentor.
Stories (15)
Ammon Childs
Just Buy That Real Estate
Near the end of the episode, Ammon is asked what advice he would give buyers right now. He doesn’t hesitate. If he could go back and tell younger Ammon one thing, it would be this: just buy that real estate. It appreciates over time. Rates come and go — and you can refinance. The forecast suggests rates will continue to fall. His regret is not buying more, sooner. Ryan echoes it: much of his own financial growth has come from real estate appreciation and rental properties, not his primary career income. Their shared message: real estate is how you get rich slowly — and that is not a criticism of slow. It is an endorsement of it.

The One Regret: Not Buying More Early
Ammon shares a candid reflection on his financial journey, stating that his only major regret is not purchasing more real estate sooner. He notes that while he has worked hard in his career, he has often made more through the simple appreciation of his properties than through his primary job. He describes real estate as the ultimate 'get rich slowly' proven method and encourages others to buy as soon as they can, rather than trying to time the market perfectly.
Life Lesson
Time in the market is more important than timing the market; start building equity as early as possible.
Community Significance
Highlights the massive appreciation seen in the Utah market and the importance of local land ownership.
From Episode
Impact of NAR Settlement on the Utah Housing Market - with veteran agent Ammon Childs
with Ammon Childs

The Staircase Catalyst: A Childhood Motivation for Wealth
Jimmy recalls a formative childhood memory of sitting at the bottom of the stairs, listening to his parents fight over money. This experience deeply affected him, leading him to conclude at a very young age that financial security was the primary way to avoid household problems and conflict. This early awareness shaped his drive to become wealthy as an adult to ensure his own future home would be free of such stressors.
Life Lesson
Early exposure to hardship can serve as a powerful engine for ambition, provided it is channeled into productive action.
Community Significance
It addresses the common struggle of middle-class families and how that struggle fuels the next generation of business leaders.
From Episode
Grinding To Success With Jimmy Rex
with Jimmy Rex
Quotes (46)
"You're not paying your mortgage. You're paying someone's mortgage."
Naomi McClure
Trust Compounds Like Wealth — Naomi McClure
"It's not get-rich-quick, it's get-rich-slowly — but it does happen."
Scott Clark
Get Rich Slowly — Mike O'Day & Scott Clark
"Cash flow is a bad thing until you're ready to retire."
Mike O'Day
Get Rich Slowly — Mike O'Day & Scott Clark
"Real estate is get rich slowly."
Ryan Harding
Buy the Real Estate — Ammon Childs on 17 Years of Utah Real Estate

"The only thing I would tell myself is hang on to all your real estate... Nobody ever says oh if I'd only sold that house 15 years ago they all say if I'd kept that house."
Jimmy Rex
20:01
Why It Matters
Highlights the long-term wealth-building power of real estate buy-and-hold strategies.
Community Relevance
Reassures buyers that even if they buy 'high,' time in the market usually beats timing the market.

"Show me one wealthy person out there that doesn't own real estate I have I've yet to meet one."
Ammon Childs
27:54
Why It Matters
Points to real estate as a near-universal tool for wealth creation among successful individuals.
Community Relevance
Positions homeownership as a key stepping stone toward financial independence for the community.

"Real estate I always tell people it's get rich slowly... tried and proven to get rich slowly I mean it does happen over time solid investment."
Ammon Childs
30:04
Why It Matters
Differentiates real estate from 'get rich quick' schemes, emphasizing stability and patience.
Community Relevance
Encourages realistic financial planning and long-term commitment to homeownership.
Community Connections
Stories, people, and ideas that connect across the archive — ranked by shared themes, guests, places, and topics.
Related Episodes
(2)Related Stories
(1)Related Quotes
(4)"You're not paying your mortgage. You're paying someone's mortgage."
— Naomi McClure
"It's not get-rich-quick, it's get-rich-slowly — but it does happen."
— Scott Clark
"Cash flow is a bad thing until you're ready to retire."
— Mike O'Day
"Real estate is get rich slowly."
— Ryan Harding