4min chapter

Rich Habits Podcast cover image

1: Becoming the 1st Millionaire in Your Family

Rich Habits Podcast

CHAPTER

How to Compound Your Money

Hank Woods: I want people to realize that it's not complicated. And if you follow the steps we're laying out, you will be so thankful 10, 20, 30 years down the road because it's all about getting started and just not being fearful. So from my perspective, as someone who is still is trying to figure it out, but I got the investing stuff figured out, right? You get your paycheck from your employer. Once the money is in your bank account, you say, okay, cool, let me go open something called an online brokerage account. Now here's the really important part here. You got to now invest the money.

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