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While it takes time to build wealth, the path to accumulating it doesn’t have to be complex.
You are viewing: Easy strategies to grow wealth
In this week’s episode of Money Glow Up, host Tiffany Aliche is joined by Ashley M. Fox, the founder and CEO of the fintech startup Empify, for an insightful conversation on building wealth and creating financial security.
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Fox, a former Wall Street analyst who has also built a career helping individuals navigate the world of personal finance, shares that “owning a home and spending money is not going to build wealth.” Instead, Fox emphasizes the importance of taking control of your financial future through strategic investments.
When it comes to getting started on your wealth-building journey, Fox advises a fundamental shift in mindset. “The biggest thing is to learn to pay yourself first,” she explained, recommending that listeners open a brokerage account and begin investing in the stock market. The goal, according to Fox, is simple: make the money you work hard for work for you.
Fox also stresses the value of being intentional with your investments. “I invest in companies I know, use, and believe in,” she said, encouraging listeners to research and choose companies that align with their values and interests.
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Fox explained that this strategy, combined with consistent investing, can help you build sustainable wealth over time.
Together with Yahoo Finance, Tiffany Alice creates a space to share real and inspiring money stories, learn financial fundamentals, and build your future. Step into the classroom with Money Glow Up every Thursday at 12pm ET with Tiffany Aliche—aka The Budgetnista—to jump-start your financial journey.
This post was written by Shelby Boamah.
Source link https://finance.yahoo.com/video/let-money-easy-strategies-grow-120005378.html
Source: https://summacumlaude.site
Category: News