No.1 Money Saving Experts: Do Not Buy A House! Putting Money In A Bank Makes You Poorer!

When I grew up, everyone said to me that to generate wealth, get a job, get money, then get a mortgage. That's one of the worst pieces of advice you can give somebody. And your future self is gonna be poorer because of it. But that's what everyone's doing. Because we're not taught this stuff. So what do you think the biggest money mistake the average person makes is being saver. So just having your money sat in a bank account. Yeah. It's a guaranteed loss. To becoming poorer every single day. But there are plenty of ways to retire early and be financially independent. And that's including secret hack that makes people fortunate. So let's talk about making more money. This is the ultimate money making master class. As we are joined by three financial gurus with very different opinions and methods to build future wealth. So we're gonna talk about pensions, credit cards, renting, bad money habits, debt, passive income, spending money to look rich. So first, what is it that rich people know that the average person doesn't know? Rich people are more disciplined and they're doing little things that compound into huge results like investing. But for example, the average American spends more money on Netflix than they do on their investments. And if I invest $1,000 a month for 30 years in something like the S P 500. I will have about$1.9 million. Or there's no asset in all human history that's ever generated as much wealth in a short spirit of time than Bitcoin. There's one problem. Bitcoin is high risk.

And if any of those risks happen let me finish. Do you wanna have hope that you have the bitcoin or would you rather have more security? You can reduce risk. So if someone is a thousand dollars, what would you suggest they did? I have a different take on this if you're trying to make more money. I would what about bad money habits? Because when you look at the stats, money is the number one source of stress for Americans, top in work, family, and town. Well there's a three-step framework, because I want to get into that. Number one. Just give me thirty seconds of your time. Two things I wanted to say. The first thing is a huge thank you for listening and tuning into the show week after week. It means the world to all of us, and this really is a dream that we absolutely never had and couldn't have imagined getting to this place. But secondly, it's a dream where we feel like we're only just getting started.

And if you enjoy what we do here, please join the twenty four percent of people that listen to this podcast regularly and follow us on this app. Here's a promise I'm gonna make to you. I'm gonna do everything in my power to make this show as good as I can now and into the future. We're gonna deliver the guest that you want me to speak to, and we're gonna continue to keep doing all of the things you love about this show. Thank you. I think the the first place to start is people

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