What This Episode Is About
We’re often told to diversify our portfolio, invest more, and wait for compound interest to add up in order to increase our wealth.
Why are there many cases in which compound interest doesn’t make us any money? What expenses are we missing?
Why is it important to be in control of our liquidity?
In this episode Caleb Guilliams, the author of The AND Asset, talks about how we can become more efficient with our money and approach compound interest the right way.
Mentioned In This Episode:
- How to be efficient with your money
- One of the “plagues” of wealth-building
- Why unnecessary fees are killing compound interest
- Why you should stay in control of your liquidity