Invest Wisely or Live Expensively | RMT253
Manage episode 435750212 series 2978817
Gavin, a recent electrical engineering graduate, asks whether he should prioritize saving and investing or move to an expensive city while still in a low tax bracket. I break down the pros and cons of high-cost vs. low-cost living areas and emphasize the importance of investing early for a sustainable millionaire lifestyle.
Join me as I provide actionable tips on how to start your financial journey on the right foot.
We'll cover everything from corporate structures to the power of compounding investments, helping you make smart financial moves from the start.
Ready to take control of your financial future? Grab a pen and paper, and let's get started!
Loral's Takeaways:
- Financial Tips for New Graduates (00:00)
- Investing Strategies for Young Adults (02:28)
- Maximizing Investments and Tax Strategies (06:01)
- Living Corporate Life and Building Wealth (18:14)
- Pros and Cons of Different Living Areas (20:42)
Meet Loral Langemeier:
Loral Langemeier is a money expert, sought-after speaker, entrepreneurial thought leader, and best-selling author of five books.
Her goal: to change the conversations people have about money worldwide and empower people to become millionaires.
The CEO and Founder of Live Out Loud, Inc. – a multinational organization — Loral relentlessly and candidly shares her best advice without hesitation or apology. What sets her apart from other wealth experts is her innate ability to recognize and acknowledge the skills & talents of people, inspiring them to generate wealth.
She has created, nurtured, and perfected a 3-5 year strategy to make millions for the “Average Jill and Joe.” To date, she and her team have served thousands of individuals worldwide and created hundreds of millionaires through wealth-building education keynotes, workshops, products, events, programs, and coaching services.
Loral is truly dedicated to helping men and women, from all walks of life, to become millionaires AND be able to enjoy time with their families.
She is living proof that anyone can have the life of their dreams through hard work, persistence, and getting things done in the face of opposition. As a single mother of two children, she is redefining the possibility for women to have it all and raise their children in an entrepreneurial and financially literate environment.
Links and Resources:
Ask Loral App: https://apple.co/3eIgGcX
Loral on Facebook: https://www.facebook.com/askloral/
Loral on YouTube: https://www.youtube.com/user/lorallive/videos
Loral on LinkedIn: https://www.linkedin.com/in/lorallangemeier/
Money Rules: https://integratedwealthsystems.com/money-rules/
Millionaire Maker Store: https://millionairemakerstore.com/
Real Money Talks Podcast: https://integratedwealthsystems.com/podcast/
Integrated Wealth Systems: https://integratedwealthsystems.com/
Affiliate Sign-Up: https://integratedwealthsystems.com/affiliates
Grab your Tickets to our Online Intensive: https://askloral.com/podcast
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