The Money Gains Podcast The FASTEST Way To Get Your Finances In Shape in 2024 - Ask Me A Money Question w/ Timi Merriman-Johnson (Mr MoneyJar) & Laura Ann-Moore
Oct 23, 2024
Timi Merriman-Johnson, aka Mr MoneyJar, is a savvy financial educator, while Laura Ann-Moore is a money mindset expert and engaging speaker. Together, they tackle the significance of tax efficiency and long-term investment strategies. Listeners learn about navigating various investment platforms and the relationship between wealth and happiness. They share practical advice for managing finances, dealing with financial losses, and preventing lifestyle inflation. Their humorous yet insightful banter makes financial literacy accessible and enjoyable!
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Invest Long-Term, Avoid FOMO
- Average your investment over time to avoid market plunge risks.
- Avoid expecting quick profits; think long-term growth of at least 10 years.
Pick Convenient Investment Platforms
- Choose an investing platform that fits your style and fee preferences.
- Start small with monthly contributions across multiple platforms to find the best fit.
Invest in Income-Producing Assets
- Use money to buy assets that generate income, not liabilities.
- Invest 20K into appreciating assets like rental property, funds, or savings accounts that yield returns.