What's your most precious resource? Money?
While it may feel that way, the true answer is time. You can boost your earnings, but you can't reclaim hours, minutes, or even years. This concept, especially regarding compound interest and allowing your money to flourish, is a key topic with the remarkable Grant Sabatier. He's a champion of the Financial Independence, Retire Early (FIRE) movement and the author of "Financial Freedom: A Proven Path to All the Money You Will Ever Need." If you're just tuning in, we've explored FIRE in Episodes 145 and 146.
Sabatier reveals his inspiring transition from having just $2.26 in his checking account and a mere penny in savings to becoming a millionaire in about five years—all before turning 30.
In our Mailbag segment, we consider whether attending a pricier college correlates with greater success. Plus, we'll address how to combat overwhelming credit card debt. Since we also touch on income growth with Grant, we'll share essential tips on how to effectively ask for a raise in our Thrive section.