Real Estate Money School
How to Put Your Money in Motion and Build an Asset Base w/Michael Young
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:35:57
- More information
Informações:
Synopsis
The journey to success is not an easy one, but if we equip ourselves with the right tools, we can shorten the learning curve. When it comes to how we use our money, how do we set ourselves up to build wealth? How can we get some of the valuable time of the people who are where we want to be? Why is it so important to put our money in motion? On this episode, investor and broker/owner of Princeton Pacific Properties, Michael Young shares on his journey and how we can set ourselves up to succeed in the investing game. When you’re in your 20s, 30s, and 40s, everything should be around building your asset base. -Michael Young Three Things We Learned Your earned income isn’t just money to spend— it’s money to invest The number 1 mistake people make is taking their earned income and spending it instead of getting an asset that can pay for their lives. Keep your money in motion Don’t park your money in the bank, it will just gather dust. Do what the banks do. They put their money in motion by investing and lending.