I’m sorry… but you’ve been lied to.
Unless you’re a finance or economics major, no one ever sat you down to teach you the mechanics of money. As a result, you probably have some deep-seated beliefs about money that are not only wrong — but also destructive to your financial future.
- “Being debt free is the ultimate goal.”
- “I like cash because it’s safe.”
- “I don’t have enough to invest right now.”
- “I can worry about retirement later.”
- “My house is the only investment I need.”
Do you know why these lies are destructive?
Listen to this week’s episode to find out…
- How much did it cost in Morris County, New Jersey in 1950?
- Inflation Explained by The Economist
- Master the Game: 7 Simple Steps to Financial Freedom [Book]
- The Extraordinary Power of Compound Interest (NOTE: The power of compounding can also be leveraged by investing in non-interest bearing assets)
- Which is better: lump sum investing or dollar cost averaging?