In this eye-opening episode of Money Grows On Trees, host Lloyd Ross challenges conventional wisdom by revealing that even your savings account is an investment. Are you concerned about taking the first step into investing, worried about risks, or unsure about the impact of inflation on your savings? 

Lloyd breaks down how your money in a bank is essentially a low-return bond and explains why financial education is crucial for maximizing your returns and combating inflation. Discover why sitting on cash might not be as safe as it seems and learn practical tips for moving towards more effective investment strategies like index funds. This episode is a must-listen for anyone looking to transform their financial mindset and grow their wealth.

Intrigued? Tune in now to learn how to wield the power of money and make your savings truly work for you.

Timestamps and Key Sections:

00:00 Bank savings equal investing through bank bonds.

03:07 Educate yourself: invest smartly to fight inflation.

07:02 Invest in yourself: Buy two financial books.

Who is The Millionaire Money Mentor, Lloyd Ross:

Lloyd James Ross serves as the Founder and Director of Money Buys Happiness LLC, a prominent company specializing in financial education, coaching, and engaging events.  

With a remarkable track record of entrepreneurial success spanning various industries, Lloyd has attained the highest echelons in both network marketing and digital marketing.   

He is celebrated as a 2-Comma Club Award Winner by Clickfunnels.com and holds the distinguished title of Legacy Club Millionaire with Isagenix LLC.   

Moreover, he’s the esteemed host of the critically acclaimed podcast, “Money Grows On Trees,” which boasts over one hundred 5-star reviews, and aims to achieve one million downloads by the end of 2024.  

Lloyd is a seasoned international platform speaker, captivating audiences of 7,000+ worldwide with his inspiring keynote presentations.  Beyond his professional endeavors, 

Lloyd is a devoted husband to his beloved wife, Alisha, and proud father of a charming sausage dog named Elvis.   

During his leisure moments, he immerses himself in writing books, globetrotting, and skillfully managing a personal multi-million-dollar share portfolio.  

For more insights into Lloyd’s world, explore his latest book at 👉 http://moneybuyshappinessbook.com

You can also tune into his award-winning podcast on Spotify here 👉 https://spoti.fi/3KLSsvg

Stay updated with his adventures on Instagram by following @lloydjamesross.

Resources and Links:

- Explore Lloyd’s insightful books: Money Buys Happiness Book

- Connect with Lloyd on Telegram: Lloyd’s Telegram

- Leave a review and get a shoutout on the podcast: Spotify Review

Enjoyed this episode? Don’t forget to subscribe to "Money Grows on Trees" on Spotify, leave a review, and share your thoughts. Visit our website for more resources and updates. Remember, your financial freedom starts with how you manage your time!

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The material in this publication is of the nature of general comment only and does not represent professional advice. The author does not hold an Australian Financial Services License and is not licensed to provide financial advice. As such, this material is not intended to provide specific guidance for particular circumstances. It should not be relied on as the basis for any decision to take action or not take action on any matter it covers. Listeners should obtain professional advice, where appropriate, before making any such decision. To the maximum extent permitted by law, the author and publisher disclaim all responsibility and liability to any person, arising directly or indirectly from any person taking or not taking action based on the information in this publication.

This podcast is produced by Phil Better Inc.