MI168: How to Build Wealth (Mini-Episode)

<p><strong>IN THIS EPISODE, YOU’LL LEARN:</strong></p><ul><li>02:09 - The simple formula to building lasting wealth.</li><li>03:47 - The big three expenses to look out for to increase your cash flow.</li><li>06:52 - The appreciating assets that Clay tends to invest in.</li><li>06:52 - The criteria Clay uses to help determine if he should make an investment or not.</li><li>15:06 - What the 4% rule is, and how it applies to investors.</li><li>And much, much more!</li></ul><p><br></p><p><em>*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.</em></p><p><br></p><p><strong>EPISODE RESOURCES</strong></p><ul><li>JL Collin’s book <a href="https://www.amazon.com/gp/product/1533667926?ie=UTF8&amp;linkCode=ll1&amp;tag=millenniali0e-20&amp;linkId=64b82e9b664fe8e14a89d570df3438a4&amp;ref_=as_li_ss_tl" rel="noopener noreferrer" target="_blank"><strong>The Simple Path to Wealth</strong></a>.</li><li>Ramit Sethi’s book <a href="https://www.amazon.com/gp/product/1523505745/ref=as_li_qf_asin_il_tl?ie=UTF8&amp;tag=millenniali0e-20&amp;creative=9325&amp;linkCode=as2&amp;creativeASIN=1523505745&amp;linkId=cbaf65ae12f6233c23062186183370dc" rel="noopener noreferrer" target="_blank"><strong>I Will Teach You To Be Rich</strong></a>.</li><li>Related Episode: <a href="https://www.theinvestorspodcast.com/millennial-investing/what-is-money/" rel="noopener noreferrer" target="_blank"><strong>MI164: What is Money? w/ Jim Crider</strong></a><strong>.</strong></li><li>Related Episode: <a href="https://www.theinvestorspodcast.com/millennial-investing/why-buy-bitcoin/" rel="noopener noreferrer" target="_blank"><strong>MI128: Why Buy Bitcoin w/ Andy Edstrom</strong></a><strong>.</strong></li><li>Related Episode: <a href="https://www.theinvestorspodcast.com/millennial-investing/deflation-and-abundance/" rel="noopener noreferrer" target="_blank"><strong>MI134: Why Deflation is Key to an Abundant Future w/ Jeff Booth</strong></a><strong>.</strong></li><li>Related Episode: <a href="https://www.theinvestor