There is a fair share of stories teaching us to never underestimate the unassuming. From agriculture to warfare to finance, the most inspiring stories usually tell of the humble, the disciplined and the devoted making the biggest difference:
- In the biblical story of David vs Goliath, the shepherd boy took down a towering giant.
- The tortoise, at a steady and disciplined pace, eventually won against the hare.
- In the Battle of Thermopylae, the smaller Greek army proved to be a formidable defence against the Persians.
When it comes to money, the same applies! Small but consistent and frequent savings can build up and compound over time to become a giant pot of money.
In this episode of Know Your Money, Michael Gilmore, author of The Thousand Dollar Journal, tells us how saving and investing $7 daily can help us become a millionaire within our lifetimes. Exciting!