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Millennial Money Canada
Guillaume Girard & Sam Lichtman
29 episodes
1 week ago
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Investing
Business
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All content for Millennial Money Canada is the property of Guillaume Girard & Sam Lichtman and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
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Investing
Business
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Ep.013: Five Money Habits of Wealthy Millennials
Millennial Money Canada
1 hour 6 minutes 43 seconds
8 months ago
Ep.013: Five Money Habits of Wealthy Millennials
Summary In this episode, Guillaume Girard and Sam Lichtman discuss the financial habits of wealthy millennials, focusing on how they achieve their first million and the strategies they employ to maintain and grow their wealth. The conversation covers three common paths to wealth, including entrepreneurship, real estate, and stock compensation. They also delve into the importance of risk management, seeking professional advice, developing good money habits, prioritizing health, and continuously striving for new goals.   Topics Covered in this Episode: 00:00 Introduction to Wealth Building for Millennials 09:25 Three Paths to the First Million 20:45 Real Estate: A Controversial Wealth Strategy 28:37 Stock Compensation: A Modern Wealth Builder 31:49 Maintaining and Growing Wealth After Reaching a Million 34:38 The Power of Passive Income and Growth 35:41 The Importance of Professional Financial Advice 36:59 Tax Planning: A Key to Financial Success 39:33 Strategies for Real Estate Investors 44:11 Developing Good Money Habits 50:38 The Correlation Between Health and Wealth 01:01:32 Pursuing the Next Milestone   🤝 Work with Millen Wealth Advisors Book a Financial Review Meeting: https://courses.mwadvisors.ca/FinancialAdvice   🔗 Connect & Follow Us for Insights Podcast YouTube Channel: https://www.youtube.com/@MillennialMoneyCanadaPodcast   Keywords Wealthy millennials, money habits, financial planning, investment strategies, wealth management, personal finance, financial literacy, entrepreneurship, real estate, stock compensation
Millennial Money Canada