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In today’s episode let’s talk about getting wealthy automatically. A lot of what is going to be said in today’s episode is from the book, The Automatic Millionaire by David Back. I highly suggest reading it. If you’ve never read any financial books before, I think it is a great starting point. The other book I’ll pull from is The Simple Path to Wealth by J.L. Collins. Both of these books have been great resources to me and I know they’ll help you in your wealth-building journey.

So what are we going to talk about today? Well, here are the main points. The power of automation. How to automate wealth. Simple investing. The power of the automatic retirement plan. What you can do about it. Then finally, what you can encourage others to do and how you can help them.

The money talking points from today’s episode are:

  1. What is an index fund?
  2. What is your savings rate?
  3. How could I automate savings?
  4. How wealthy are you now?

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"Upbeat Forever" Kevin MacLeod (incompetech.com) Licensed under Creative Commons: By Attribution 3.0 http://creativecommons.org/licenses/by/3.0/

Want to be a guest on Money Talk? Send Skyler Fleming a message on PodMatch, here: https://www.podmatch.com/hostdetailpreview/1636686037273x290834786321762400