Why Spending Investment Principal is a Huge Mistake
Be Wealthy & Smart
Linda P. Jones
4.8 • 883 Ratings
🗓️ 2 November 2018
⏱️ 8 minutes
🧾️ Download transcript
Summary
Learn why spending principal can be a huge mistake for wealth building.
A nestegg of $40,000 invested at 10% for 35 years, would grow to $1,124,097...or you can have a new kitchen. Which would you rather have?
Saving a nestegg is Step 2 of the Six Steps to Wealth. Keep the investing momentum going and keep your investment funds separate from your spending.
Congratulations and thank you - we crossed 107,000 downloads last month, the first time we have exceeded 100,000 in one month.
We are rapidly approaching 2 million all-time downloads. Thank you! You are the BEST audience!
Wealth requires knowledge + action.
Get my book, "You're Already a Wealth Heiress, Now Think and Act Like One: 6 Practical Steps to Make It a Reality Now!"
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Transcript
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| 0:00.0 | Be wealthy and smart episode 478. |
| 0:03.0 | I'm gonna live no rich life. |
| 0:06.0 | Rich life. |
| 0:07.0 | If you all the best life. |
| 0:10.0 | If y'all know what I mean, put your hands up and declare with me |
| 0:13.6 | Yeah, I'm full of bed time I'm gonna live the good life |
| 0:20.7 | I'm gonna live the good life |
| 0:21.1 | a beautiful and glorious like Step into a world of wealth and financial freedom without budgets, boredom or bosses on be wealthy and |
| 0:30.3 | bosses on be wealthyy and Smart. |
| 0:33.9 | And now here's your host, Linda P. Jones. |
| 0:37.6 | Welcome to Be Wealthy and Smart. |
| 0:39.0 | I'm Linda P. Jones, America's Wealth Mentor. |
| 0:41.3 | Empowering women and men worldwide to financial freedom. |
| 0:44.3 | First I have to say thank you so much you are the best listeners. What an |
| 0:49.9 | amazing, amazing audience. 100,000 downloads in a month for the first time. |
| 0:55.2 | We had 107,000 downloads. |
| 0:58.0 | Thank you so much. |
| 0:59.7 | And we are rapidly approaching the 2 million all-time downloads mark. |
| 1:05.0 | So you'll be hearing about that when we make that milestone. |
| 1:08.0 | But thank you so much. |
| 1:10.0 | Listenorship is up about 40% in the last two months alone. |
| 1:15.4 | And so we've had tremendous growth and I want to welcome any new listeners that we have. |
... |
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