Maven Money Personal Finance Podcast cover image

[REPOST] 132 - Little Effort Financial Success

Maven Money Personal Finance Podcast

00:00

The Importance of Hard Work in Investing

Couple saved £5,000 to buy a house 35 years ago. They then lived in that house for 15 years, paid the mortgage. At age 45, they moved into a house worth £100,000 and used all of the growth from house one to buy house two. That £30,000 house is now worth £600,000. For a 65-year-old couple to have a million pound house in 2019, the hard effort, you know, is the mortgage along the way,. But putting together a cash deposit of £ 5,000 35 years ago was their big effort. I'm telling you this because it's likely you are at the beginning or the middle

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app