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The Kelly Roach Show

KRS 796: Building Wealth with any Income

The Kelly Roach Show

Kelly Roach

Entrepreneurship, Business

4.9965 Ratings

🗓️ 11 April 2022

⏱️ 16 minutes

🧾️ Download transcript

Summary

Building wealth looks a lot different than people think it does. It doesn't take a certain profession, or a certain level of income.

 

In today's episode, Kelly is sharing foundational tips that ANYONE can implement to start building wealth regardless of income or career path — and how to use that money to MAKE money. 

 

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Grab one of Kelly's bestselling books:

 

Unstoppable: 9 Principles for Unlimited Success in Business and Life

 

Conviction Marketing

 

Bigger than You: The Entrepreneur's Guide to Building an Unstoppable Team

 

The Live Launch Method

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to the Kelly Roach Show, the place for no fluff easy to implement 20-minute or

0:08.9

less business and leadership lessons to help you build a sustainable business that scales.

0:15.6

Lead with integrity and create a lasting legacy.

0:19.6

I'm Kelly Roach, former NFL cheerleader and Fortune 500 executive turned 8 figure entrepreneur.

0:26.2

Let's get started.

0:29.1

Welcome back and thanks so much for tuning into the Kelly Roach Show on today's episode.

0:34.0

We are talking about building wealth on any income.

0:39.7

This is a fun topic to explore because I think that a lot of times are impressions of what

0:48.3

it takes and what it looks like to build wealth are actually very different from what it

0:55.2

is in reality.

0:57.6

I think for many people they think that to build wealth you have to make a significant amount

1:05.6

of income or you need to be in a certain profession or you need to have a certain amount of money

1:14.0

to begin with and that is simply not true.

1:17.1

So today I'm going to give you some foundational things to kind of bring it back to center and

1:22.1

revisit in your life around your approach to wealth building and I hope it is helpful and

1:28.9

inspiring.

1:30.1

I think the big thing to remember is if you even get to the point early on in your career where

1:37.0

you can save $2,000 a month you can save a million dollars and if you take that income that

1:47.4

you're saving that $2,000 a month and you put that into a money making vehicle that yields

1:53.4

you a return or is able to bring compounding added growth and you can begin to live off of your

2:02.8

wealth versus live off of active income then you get into a whole new bogging right.

2:10.1

It does not take an extraordinary amount of money to build wealth.

...

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