The Worst Financial Advice Ever ?

There is a lot of bad financial advice being given right now, particularly due to the current economic crisis we are in. In this episode, Rob talks about the advice you should be ignoring or at least heeding with caution and what you should be doing instead. KEY TAKEAWAYS Saving: You cannot save your way to wealth You should only use saving as a way of instilling discipline. You should only save in order to then invest. All of us have the ability to earn the 10-30% cost of living increase, either by overtime, side hustles or through investing. Take your money out of depreciating assets and start moving it into appreciating assets such as gold or property. BEST MOMENTS “You cannot save your way out of 10% 20% inflation” “You can earn your way out of anything” “You need to invest your way out of this” “You’ve gotta be more creative, you’ve gotta be disruptive” VALUABLE RESOURCES https://robmoore.com/ bit.ly/Robsupporter   https://robmoore.com/podbooks  rob.team ABOUT THE HOST Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “The Disruptive Entrepreneur” “If you don't risk anything, you risk everything”   CONTACT METHOD Rob’s official website: https://robmoore.com/  Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs LinkedIn: https://uk.linkedin.com/in/robmoore1979   See omnystudio.com/listener for privacy information. Learn more about your ad choices. Visit megaphone.fm/adchoices