372: What’s the Quickest Way to Become a Millionaire?

Be Wealthy & Smart personal finance podcastLearn how to shorten the path to wealth.

Yesterday someone asked me what was the quickest way to become a millionaire?

Although getting rich quick is not recommended because it’s usually accompanied by high risk of loss, I want to talk about something related to it that is important for you to know.

First, let’s talk about what creates wealth?

When creating wealth, the one thing that matters the most is the rate at which you compound money.

It’s not all about how much money you have to start with.

Compounding grows your money and creates additional money.

Learn more by listening to the podcast.

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Action Steps:

Write about your thoughts in your wealth journal: Wealth Mini-Course & Journal by Linda P. Jones

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from Be Wealthy & Smart – Linda P. Jones http://www.lindapjones.com/whats-the-quickest-way-to-become-a-millionaire-2/

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