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198: 3 Reasons Reduced Spending and Savings Are NOT Creating Wealth
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:14:48
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Sinopsis
Learn 3 reasons why reduced spending and savings are not going to make you wealthy. You still need to invest! Have you checked out the Creating Wealth podcast yet with Jason Hartman? It’s full of amazing information and over 700 podcasts about real estate investing. If you like this podcast, you’ll like that one too. http://bit.ly/wealthpod I heard it from financial podcasters and bloggers - building wealth is about spending less and saving more. What? That is only true if you make multiple hundreds of thousands of dollars and can save $1 million in a few years. For most people, that’s not realistic! If you’re making $75,000, paying for a house, car a spouse and 2 kids, there is NO WAY you are going to save yourself to wealth! You can’t possibly save enough to become wealthy. Do you want to be a smart spender - yes! Can you “frugal” your way to wealth? Not in most cases. But you can invest your way to wealth. Most “experts” won’t tell you that. Wealth = Compounding. There are only 3 factors that are part of t