New Episode: The BIGGEST Money Mistakes Most People Make | Grant Sabatier

Hello everyone!

On this week's episode of Stock Club, Mike sits down with Grant Sabatier, bestselling author of Financial Freedom and founder of Millennial Money. 

They discuss Grant's journey to financial independence, starting from having just $2.26 in his bank account at age 24 to reaching over $1 million in savings by age 30.

Grant provides his counterintuitive strategies and advice for taking control of your finances so you can retire early and live life on your terms.

Key Takeaways

• From $2.26 to $1,000,000 in only 6 years

Grant tells the honest story of going from eating frozen meals from his parent’s freezer to a place of financial freedom. You’ll be surprised at the simple approach that he takes and one you can adopt into your own life.

• Front-loading Your Investments in Your 20s 

Grant explains how he invested over 80% of his income in his mid-20s and front-loaded his investments as much as possible to take full advantage of the power of compound interest. The earlier you start investing, the more your money can grow.

• Negotiating Strategies To Gain Financial Freedom

Grant provides tips for negotiating higher pay at your 9-to-5 job. He notes that employees rarely ask for raises even though most are underpaid based on the value they provide. Grant's key piece of advice is to carefully consider the tradeoffs you'll have to make on your path to financial freedom. 

• How To Retire Early

Grant breaks down the mathematical proof for why you need less money to retire early in your 30s versus later in your 60s, due to the power of compound interest and investing early. Grant suggests shifting your mindset to think like an investor - carefully weighing how you spend your money and time based on potential returns. This applies to not just investments, but personal purchases and career decisions too.

A message from Vodafone Business

Vodafone Business is here to help you succeed in a digital world.

Vodafone V-Hub's digital experts provide free, one-to-one guidance and support, tailored to your business, on a range of digital topics, including building an online presence, creating digital marketing strategies, managing online security risks and much more.

Stay tuned for more captivating insights and thought-provoking discussions in our upcoming editions. Until then, keep exploring, keep learning, and keep thriving in the world of finance and business.

Happy Investing

Stock Club Team @ MyWallSt