money money money 707 habits of the wealthy & how to be a millionaire + retiring at 40
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Feb 12, 2024 Author John Pigeon and co-host Glen discuss habits of the wealthy, early retirement, and becoming a millionaire. They explore tax cuts, embracing risks, building wealth, investments in happiness and health, and a holistic approach to investing. They also talk about book tours and the importance of being a nice person in business and life.
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FIRE Movement and Family
- The FIRE (Financial Independence, Retire Early) movement's focus on early retirement can be challenging when starting a family.
- Young people should still develop good financial habits and a mindful approach to money.
Plan and Purpose
- Wealthy people have a plan and purpose for their life, often tied to their career.
- Having a purpose is crucial, even with financial success, as money amplifies existing traits, not solves problems.
Long-Term Commitment
- Wealthy individuals exhibit long-term commitment to their endeavors.
- This persistence allows for compounding effects and opportunities to arise over time.