💡 Get additional stock analysis in my free weekly newsletter! https://buildinvestlive.com/newsletter
📈 Get 20% off Seeking Alpha Premium: https://buildinvestlive.com/seekingalpha

Millionaire status is all you hear about online, whether in articles, videos, or tweets. But achieving a million dollar net worth shouldn’t be your primary goal with investing at the start. In this episode of the Build Invest Live podcast we dive into how generating income to pay your monthly bills is a better goal and helps you build up the right habits to build wealth for the long term.

0:00 - Millionaire is overused online
1:26 - Why “just do this for 30 years straight” doesn’t work
5:27 - Why millionaire status can be misleading
6:14 - Net worth example
9:05 - Connecting dividend income to your monthly bills
9:40 - A better approach - an income snowball
15:39 - Another way to get excited about investing for beginners

*I’m not a financial advisor and my content should not be taken as financial advice. I’m simply sharing my opinion and experiences and it’s entertainment purposes only. Links above include affiliate links, which means I may receive a commission at no additional cost to you.