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The Personal Finance Podcast

19 Habits of People Who Always Have Money (Save Like The Rich)

The Personal Finance Podcast

Andrew Giancola

Business, Investing, Entrepreneurship

4.71.4K Ratings

🗓️ 5 August 2020

⏱️ 20 minutes

🧾️ Download transcript

Summary

Episode 13: 19 Habits of People Who Always Have Money (Save Like The Rich) In this episode we cover:  How to Save Like The Rich  How to Build More Wealth  Money moves you can make now to save more  How to Increase your income  Tips on investing and Side-Hustles  Resources in this episode:  M1 Finance Best Place to Invest  Personal Capital Free Wealth Management and Budget App CIT BANK (Best Savings Account) Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

On this episode of the Personal Finance Podcast,

0:03.2

we're going to talk about 19 ways to increase your savings like the rich. What's up everybody and welcome to the personal finance podcast? I'm your host

0:29.3

Andrew founder of Dollar After Dollar.com. And today on the podcast, we're going to be talking about

0:36.0

19 ways to increase your savings like the rich. And this podcast specifically is going to be quick actionable steps that you can take today.

0:46.0

Because I want you to think about these steps as a long term plan, things that you can put together over the long haul that you'll be able to use to build

0:56.7

a fantastic financial future.

0:59.9

So we're going to go through all 19 of these steps and each of these is a wonderful way to get

1:06.2

ahead with your savings rate.

1:07.8

And one of the biggest things to understand is you don't have to do all of these at one time.

1:12.9

What you want to focus on early on in your financial journey

1:16.5

is making sure that you're putting together

1:18.8

the right habits.

1:20.2

And these are fantastic habits to put into place so that you'll be able to have that great financial future.

1:27.0

So focus on the habits first. Don't focus on pure optimization.

1:31.0

Don't try to get the highest returns on your investment. Don't try to get the best savings rate.

1:37.0

Just focus on the habit and make sure you're consistent in doing it over the long haul, that you're committed to these habits.

1:44.1

And we're going to go through these 19 ways

1:46.5

so that you can focus on one at a time and you're going to build these up

1:50.3

like building blocks and you're getting 1% better with each one that you put into place.

1:55.3

And all of a sudden, you have a fantastic financial future that you're building towards because

1:59.6

you put these in place.

2:01.0

So let's get into it. So the first way to increase your

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