In a nutshell, Michael Collins shared his 20 years of experience with us on Financially Focused on how to build wealth with small sums.
1. Create a road map – have a goal in mind.
2. Break down your financial goals into small amounts - $1M is really one million $1.00 to save. Or $1M is also four $250k savings goals.
3. Try to earn $1000 a day so that you can reach your goal faster.
4. Open a dedicated savings account.
5. Sign up for salary deductions from work to your dedicated savings account.
https://www.youtube.com/watch?v=M5QD2pF_ZdU&list=PLkdmM4FPvW0df-HmpoeXhlTqKWdIMwS4F&index=4
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