How to Build Your First $1 Million (Faster Than You Think)
The Personal Finance Podcast
Andrew Giancola
4.7 • 1.4K Ratings
🗓️ 28 January 2026
⏱️ 42 minutes
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| 0:00.0 | On this episode of the Personal Finance Podcast, how to build your first million and do it faster than you think. |
| 0:14.6 | What's up, everybody, and welcome to the Personal Finance Podcast. I'm your host, Andrew, founder of mastermoney.co. |
| 0:22.2 | And today on the personal finance podcast, we're going to be talking about how to build |
| 0:26.4 | your first million and do it faster than you think. If you guys have any questions, |
| 0:31.1 | make sure you join the master money newsletter by going to mastermoney.com slash newsletter. |
| 0:37.0 | And don't forget to follow us on Spotify, Apple |
| 0:39.1 | Podcast, YouTube, or whatever podcast player, you love listening to this podcast on it. If you want to |
| 0:44.5 | help out the show, consider leaving a five-star rating and review on Apple Podcasts, Spotify, |
| 0:49.9 | or your favorite podcast player. Now today, we're going to be talking through the process of |
| 0:55.4 | getting to your first million dollars. One of my favorite topics to talk about is how to get |
| 0:59.9 | to your first 100,000, because getting to your first 100,000 makes a big difference when it |
| 1:05.2 | comes to compound interest and you can watch that take over. But in this episode, what I want to |
| 1:09.8 | talk through is, A, if you haven't |
| 1:11.7 | gotten to your first 100,000 yet, there's nothing wrong with that. But B, we want to talk about how |
| 1:16.3 | to get from that 100,000 all the way up to a million. We're going to talk through just some of the |
| 1:21.6 | statistics behind millionaires and what we see with a lot of millionaires out there. But in addition, |
| 1:26.3 | we're also going to be talking through how long it takes you to go |
| 1:30.1 | from having your first 100K all the way to getting a million. |
| 1:33.4 | And then I'm going to give you step by step what I would do if I was starting over |
| 1:36.8 | trying to get to my first million dollars. |
| 1:40.2 | Now, when I first started my wealth building journey, I thought that millionaires were folks who |
| 1:45.1 | lived the high life. They lived in a really nice house. They drove Lamborghinis or Ferraris. They had the |
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