Setting yourself up to be a millionaire

Unlock the secrets to wealth-building through smart investments and secure your future with a millionaire mindset. In this episode, explore why the stock market, especially via index funds and employer-sponsored retirement accounts, is an ideal starting point. Discover how to maximize contributions, understand tax benefits, and set up investments correctly. Tune in for actionable steps to set yourself up for financial independence!

[00:02:39] Brittne navigates life with a kindergarten while Lisha prepares for yet another wedding and trip to LA

[00:08:17] Brittne gets charged with interest fee, while Lisha deals with ancillary fees

[00:12:32] One thing to set yourself up to be a millionaire

[00:13:40] Why you should start with stock market investment

[00:18:26] Maximizing Employer Retirement Matches

[00:20:04] Setting Up Your Retirement Contributions

[00:21:34] Choosing Investment Options: Pre Tax vs Roth contribution

[00:23:55] The Power of Compounding Interest

[00:26:30] Navigating Retirement Expenses and Investment Returns

[00:31:55] Fun Money Twist: What would you do with a gifted $10,000?

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