Why Net Worth EXPLODES After $100K (And How to Get There ASAP) | Ep 78
Description
Watch the YouTube version of this episode HERE or read the written version HERE
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Welcome to The Vanilla Podcast, hosted by Ivan from the Vanilla Investor. On this podcast you’ll learn everything investing-related, smart personal finance tactics and achieving financial independence for you and your loved ones! We talk about the ways of investing your money in the stock market, the most optimal debt repayment strategies, and how you can work your way to a millionaire even on a low salary!
Timestamps:
(01:33 ) Not Enough Time To Develop Your Skills
(02:15 ) Compound Interest Not Working For You
(03:28 ) When Will Compound Interest Become Your Friend?
(05:05 ) 1: Tracking Your Money
(05:52 ) 2: Emergency Fund
(06:32 ) 3: Invest, Invest, Invest
(07:26 ) 4: Increasing your income
(08:08 ) 5: Minimize Your Taxes (Legally)
(09:25 ) 6: Erasing High-Interest Debt
(10:22 ) 7: Additional Sources Of Income
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