The conversation delves into the importance of understanding money management before diving into investing. It highlights how many individuals lack foundational knowledge about finances, which can lead to poor financial decisions, as seen in the case of lottery winners who often lose their wealth due to a lack of understanding of money management principles.

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Chapters

00:00 Intro

00:00:45 The Show Begins

00:04:00 Understanding Money: Beyond Transactions

00:25:00 Building Wealth: The Importance of Fundamentals

00:35:00 401(k) and other strategies

00:41:00 Wrap Up

Episode 324 - Nelson Soh┃The "American Dream" Faces Backlash┃Growing Wealth By Understanding Money