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The Personal Finance Podcast

The Fastest Ways to Grow Wealth In Your 20’s (and 30’s!)

The Personal Finance Podcast

Andrew Giancola

Business, Entrepreneurship, Investing

4.71.4K Ratings

🗓️ 4 November 2020

⏱️ 24 minutes

🧾️ Download transcript

Summary

Episode 26: The Fastest Ways to Grow Wealth In Your 20’s (and 30’s!) In this episode we cover:  Why your 20's are the financial golden years  How to increase your income How to Save More Money  How to set your life up for wealth  RESOURCES: M1 Finance Best Place to Invest  Personal Capital Free Wealth Management and Budget App  CIT BANK (Best Savings Account) ** Some links may be an affiliate link and we earn a small commission at no extra cost to you. We only recommend products we truly believe in.  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, we're going to talk about the fastest ways to grow wealth in your 20s and 30s. What's up every time?

0:14.7

Every day. What's up everybody and welcome to the personal finance

0:28.0

podcast. I'm your host Andrew

0:29.7

founder of Dollar after Dollar dot com.

0:32.8

And today on the podcast, we're going to be talking about the fastest

0:36.4

ways to grow your wealth in your 20s and your 30s.

0:40.4

And the reason why we're going through these ways to grow your wealth is because if you're not where you want to be and you're in your 20s or your 30s or you want to set a financial baseline for yourself,

0:50.0

if you want to set yourself up for financially for the rest of your life, then if you follow these

0:55.2

eight different ways to grow your wealth, you're going to be massively better off than somebody else

0:59.2

who does not know a few of these things. And even if you just take a few of these takeaways and

1:04.9

start applying them and implementing them, you're going to be significantly better off

1:08.9

than anyone else who doesn't do any of these at all. And the reason why I wanted to make this episode

1:13.8

is I have so many people emailing me and ask me,

1:16.1

what can I do?

1:16.8

I'm young, I'm in my 20s.

1:18.8

What can I do to set myself up to build wealth?

1:21.5

So these are the eight best ways. These eight ways are going to get

1:24.6

the ball rolling to get you started to increase your income, reduce your expenses, and allow

1:30.1

you to grow and invest that gap. Because that's what you want to do is invest a

1:34.7

gap between your income and your expenses to allow yourself to build a massive

1:39.0

portfolio of wealth and there's a number of ways to build wealth there's a number of

1:42.3

ways to do this.

...

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