The Lifestyle Investor - Investing, Passive Income, Wealth cover image

141: Building a Wealthy Mindset and a Winning Portfolio with Brian Preston

The Lifestyle Investor - Investing, Passive Income, Wealth

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The Army of Dollars

If you just have a thousand bucks in the bank, unfortunately in our society, you're better than 60% of your peers. My parents were great at saving, but they never actually turned those savings into investments. I call it the army of dollars so they can work just as hard for you as you do with your back, your brains and your hands. The biggest thing that I don't think people understand is how valuable compounding interest and just letting money grow upon itself can do.

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