Why Saving Alone Won’t Make You Rich: The Missing Piece I Wish I Knew Sooner
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Why Saving Alone Won’t Make You Rich: The Missing Piece I Wish I Knew Sooner
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About this listen
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 onestepwealthier@gmail.com. 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