Millionaire status is all you hear about online, whether in articles, videos, or tweets. But achieving a million dollar net worth shouldn’t be your primary goal with investing at the start. In this episode of the Build Invest Live podcast we dive into how generating income to pay your monthly bills is a better goal and helps you build up the right habits to build wealth for the long term.
00:00-Millionaire is overused online
01:26-Why “just do this for 30 years straight” doesn’t work
05:27-Why millionaire status can be misleading
06:14-Net worth example
09:05-Connecting dividend income to your monthly bills
09:40-A better approach - an income snowball
15:39-Another way to get excited about investing for beginners
