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Here are some highlights from this episode: 1. The middle class is a myth. You can't live off of 59K a year! 2. House - this money is dead money. 3. Save money-you're taught this but how much can you really save? 4. College— This is for people who want to delay the real world and be in a worse position financially at 22 than at 18 5. Wall Street—Give your money to people you don't know because you don't want to be responsible for it! 6. Own a car—ridiculous
Listen, money is only good If you use it. Learn to multiply, not add, because basic math won't EVER make you rich. If you're not making enough money, you need to know that cash flow is the holy grail of finance. Listen for much more!
We all have made money mistakes—but the problem is for many, they keep making the same mistakes over and over and over again. You must learn from these common mistakes if you're ever going to create big wealth in your life. Here are some top money mistakes:
#1 Being Short-Sighted #2 Not Developing Any Skill Set #3 Making Zero Investments to Learn More About Money #4 Living Above Your Means #5 Not making investments in time and money to get better
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