Hayley Sproul
👤 SpeakerAppearances Over Time
Podcast Appearances
Saving money equals building wealth.
So cash in a savings account, that just barely beats inflation.
It's not going to do it.
You've got to be smart with it.
Wealth comes from investing and letting compounding do the heavy lifting.
But ours was like transfer $100 a week.
And you'd see it and you'd be like, with the rate of inflation, that's not working.
Because what you buy the house for, by the way, you end up paying way more.
The fourth myth, credit cards are evil.
The card is not the problem, the spender is.
Now, I'm doing well.
Never had a credit card until recently because I love to spend, I love to shop.
I didn't trust myself.
Because if they gave me a limit, be it $1,000, $2,000, whatever, I'd be like...
Dude, I've still got mine.
Yeah.
It just sits there.
It's like not in the red, but it just sits there.
Yeah, look, I've got that amount available.
I've got this little $600 thing there.