Money Guy Show cover image

Why Americans Are Broke (2022 Edition)

Money Guy Show

00:00

Deferred Gratification, Is It the Most Important Thing in the Financial World?

deferred gratification may be the most important thing in the financial world. I was raising an environment of scarcity, so it was really easy for me to think about doing away with a little bit to day so that i can possibly have some more to morrow. Time can be your biggest, your biggest benefit cause compound and growth. When you're talking about getting that first million dollars, long as you started before you were forty years of age, of saving something,. 77 to 95 % of your account value at retirement is actually come from the growth, not your actual contributions.

Play episode from 32:19
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app