How to Build Wealth (Even on a Low Income!) With Joshua Mayo
The Personal Finance Podcast
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Earning More Money Is Not a Requirement
If you really want to build wealth on an expenatial level, finding ways to earn more money is a requirement. And if you go the traditional route of investing six k per year in a rothey ray, or 20 k per year, whatever, in a four one k, however much you can afford, it's take years and years of compound interest. There is no way. You're not going to do it by investing a hundred dollars per month into the san p 500 over the next five years. It's not going to happen.
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