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Why Saving Alone Won’t Make You Rich: The Missing Piece I Wish I Knew Sooner

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Manage episode 492933596 series 3660308
Content provided by One Step Wealthier. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by One Step Wealthier or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

In this episode of One Step Wealthier, I open up about a big realization I had on my FIRE journey—saving money, even on a low income, isn't enough. I share how I used to feel like a master saver, tucking away money even during call center jobs, only to find out that savings alone won’t build long-term wealth. We’ll talk about inflation (yes, the sneaky flatmate that eats your money), why your bank account isn’t your best friend, and how investing is the true game changer.

If you’ve ever wondered why your savings never seem to stretch as far as they used to, or how to actually grow your money even when you’re not earning much—this one’s for you. I’ll also ask the question: are you only saving, or are you investing too?

Let’s get One Step Wealthier, together.

📩 Want to chat about your money journey? I’m opening up a few free money coaching spots. DM me on Instagram @onestepwealthier or email [email protected]. No pressure—just a chat.

🌱 Want to start investing but feel overwhelmed? Download my free guide Start Investing Without Freaking Out here: onestepwealthier.carrd.co

  continue reading

53 episodes

Artwork
iconShare
 
Manage episode 492933596 series 3660308
Content provided by One Step Wealthier. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by One Step Wealthier or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

In this episode of One Step Wealthier, I open up about a big realization I had on my FIRE journey—saving money, even on a low income, isn't enough. I share how I used to feel like a master saver, tucking away money even during call center jobs, only to find out that savings alone won’t build long-term wealth. We’ll talk about inflation (yes, the sneaky flatmate that eats your money), why your bank account isn’t your best friend, and how investing is the true game changer.

If you’ve ever wondered why your savings never seem to stretch as far as they used to, or how to actually grow your money even when you’re not earning much—this one’s for you. I’ll also ask the question: are you only saving, or are you investing too?

Let’s get One Step Wealthier, together.

📩 Want to chat about your money journey? I’m opening up a few free money coaching spots. DM me on Instagram @onestepwealthier or email [email protected]. No pressure—just a chat.

🌱 Want to start investing but feel overwhelmed? Download my free guide Start Investing Without Freaking Out here: onestepwealthier.carrd.co

  continue reading

53 episodes

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