4.8 • 16.5K Ratings
🗓️ 21 November 2023
⏱️ 36 minutes
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0:00.0 | This is the Bigger Pockets Podcast and I am your host David Green. |
0:04.4 | Welcome everybody. |
0:05.2 | We've got a special bonus edition of the BiggerPockets Real State Podcast. |
0:09.3 | As always, we're bringing you the knowledge, the how-tos, and the changes to the market that you need to make |
0:13.9 | the best possible decisions to improve your financial position and build the life you've always |
0:18.3 | wanted. |
0:19.3 | On today's show, I'm releasing a chapter of my new book Pillars of Wealth for free. Yes that's |
0:25.8 | right you're going to get to hear the first chapter of Pillars without having to |
0:29.6 | buy it. In this chapter I'm really going to lay the foundation for the book, primarily why you should be reading it and what you should be changing about your wealth building strategy. |
0:38.0 | Look, if we're just going to shoot straight with each other here, you've probably been told that real estate investing is the key to becoming a |
0:44.0 | multimillionaire and while that is true it is not the only thing that you need to |
0:47.9 | know about becoming a millionaire. Real estate investing is one third of the entire process. |
0:53.5 | The other two are not talked about as often. |
0:55.9 | Playing defense, which is saving your money and actually living by a budget, yes, having discipline, |
1:00.5 | as well as offense, which is the art of making money. They are just as important |
1:05.2 | as investing in real estate because if we're being honest you need some money to |
1:08.5 | invest. In this chapter I'm going to talk about the three different ways that we use money and I'd like you to focus on how money is an actual store of energy |
1:16.6 | but it's not always the best one. When you trade your time, your effort, and your labor for money, |
1:21.6 | you need to put that money somewhere it's going to grow, |
1:24.5 | which is why we have this podcast. The holidays are coming up and you can order pillars now as a gift |
1:29.1 | for yourself or someone you love. If you want to help someone become a multimillionaire, |
1:33.6 | this is the best way to do so. |
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