The Power of Incremental Savings and Investing

If you’re curious about how millionaires build wealth, this episode is for you. 233 Millionaires were interviewed, and they did this ONE thing from the book of Genesis…

🔍 Key Highlights: 

• Tom Corley's Study: We explore Tom Corley's fascinating study on millionaires, revealing surprising habits that led to their success. 

• Biblical Insights: Drawing parallels between Corley's findings and biblical principles, we delve into uncovering timeless wisdom from Genesis 41.

• Financial Strategies: We break down practical steps to implement these principles in our modern lives, discussing strategies like the 1 percent challenge, the 50/50 rule for raises, and the importance of automating savings.

• Multiplication vs. Addition: Understanding the difference between saving and investing and why moving from addition to multiplication is crucial for long-term financial growth.

• Biblical Stewardship: Emphasizing the bigger picture of financial success as a means to advance God's kingdom and be a blessing to others.

Resources Mentioned:

• Tom Corley’s CNBC article: I spent 5 years interviewing 233 millionaires—here’s the No. 1 career move that made them rich - https://www.cnbc.com/2022/07/31/i-spent-5-years-interviewing-225-millionaires-3-money-habits-that-helped-them-get-rich.html 

• "Millionaire Next Door": A classic book confirming the correlation between savings, investing, and achieving millionaire status. - https://www.amazon.com/Millionaire-Next-Door-Surprising-Americas/dp/1589795474 

• SeedTime’s True Financial Freedom: Interested in diving deeper into these topics with your small group or church? Check out SeedTime.com/true for a six-week journey of financial discovery. - http://seedtime.com/true 

BONUS: Ever dreamt of hanging out with us for 6 weeks in your small group or church? Head to https://seedtime.com/true for details or shoot us a DM on Instagram @seedtime (http://instagram.com/seedtime). 

Watch this episode on our SeedTime Money Podcast YouTube channel (https://youtube.com/live/FzG3V30y_Mo)!

If you haven’t checked out our best-selling book Simple Money, Rich Life (https://seedtime.com/smrl/), we think you’ll love it. It was named the 2022 Book of the Year by ICFH and has over 600 5-star reviews on Amazon, and is best described as “a money book for people who don’t read money books.” 

You can take it for a test drive for FREE at https://SeedTime.com/sample where you can download chapter 1 of the audiobook, grab the 1st 2 chapters of the ebook version, and even get the 5-week book study companion guide.