The chapter explores individuals' journeys towards financial independence through personal finance education and strategic decision-making. It highlights the impact of small everyday choices on long-term wealth accumulation and emphasizes the importance of living below one's means, investing wisely, and simplifying financial management. The discussion encourages a balanced approach to enjoying the present while planning for a secure financial future through practical steps like calculating net worth and building a strong financial foundation.
Robert Leonard talks to Jeremy Schneider all about personal finance, and his useful strategies for building wealth for the millennial generation. Jeremy is a successful entrepreneur and software developer, and the founder of Personal Finance Club, a resource that aims to aid investors in the most effective path to building wealth.
IN THIS EPISODE, YOU’LL LEARN
00:00 - Intro
12:57 - The three life-long habits to form in order to build wealth and stay wealthy.
22:03 - A six-step personal finance plan to become a millionaire.
22:03 - How to minimize or pay off debt.
38:38 - Rules for smart investing.
38:38 - Some approaches to investing in the stock market.
01:15:20 - The first thing you should do to get started on your wealth building journey.
And much, much more!
*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.
BOOKS AND RESOURCES
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