#125 Start Planning Your Income Increases To Build Wealth Faster
Manage episode 363457941 series 2813671
Fail to plan, plan to fail.
Mike Tyson said "Everyone has a plan until they get punched in the face."
I made significant increases in my income in my career when I started planning them out.
The number one indicator that someone will be a millionaire is the velocity of their income. How quickly does it trend up?
We plan for the money we make. We plan for investments. So why don't we plan to make more income?
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About the Podcast
If working a 9-5 for 60 years so you can retire with a little money and die a few years later is what you want to do, then this is not the podcast for you.
This podcast is about unique investment strategies and interviews with hi-earning individuals on how they make money so you can copy us and grow wealth too!
There's a big focus on reaching that first $100,000 net worth is one of the biggest financial milestones because you have to get their through labor, not necessarily investing.
Then, create a plan and develop habits to become a millionaire before you want to retire and enjoy the life you want instead of the one society wants you to have as a complacent consumer.
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