Making of a Millionaire editor | Personal finance writer | Author of “The Financial Freedom Equation” Subscribe to the MOAM newsletter: https://bit.ly/3l9m7ob

#4 — The first dollar you invest for your future freedom

Man crossing his feet at the top of a mountain.
Photo by Daniele Colucci on Unsplash

Failing to celebrate small wins is a recipe for burnout.

This is especially true if you have ambitious money goals like weaning yourself off the comfort and security of a bi-weekly paycheck or building a financial legacy to pass down to your kids.

Goals like this can take years, decades…

Here’s how you can apply this timeless advice to save your finances

A library bookshelf.
Photo by Giammarco on Unsplash

We still struggle with the same money problems we did 2,000 years ago.

Evidence of this can be found in the following quote from Seneca, the ancient stoic philosopher born in 4 BC.

“It is not the man who has too little, but the man who craves more, that is…

You should focus on your work, not your investments. Most people get this wrong.

Man sleeping with money.
Image designed by Freepik

Learn to invest when the amounts are small, or you’ll never be ready when the amounts are large.

The mistake a lot of new investors make is thinking that they need to make big investment returns right away to turn their small amounts into large amounts as quickly as possible…

Here’s a more empathic and helpful alternative to money-shaming

I spend a lot of time on “money Twitter.” There’s a lot of great conversations happening in this space, but there’s also a lot of self-aggrandizing platitudes and money shaming.

The one I see most often follows this formula: “If you don’t have a net worth of “X” by age…

Ben Le Fort

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