A dollar compounds into real money if you keep adding to it. The speaker regrets underestimating this and now builds a waterfall of small regular contributions. Audit your finances every six months and ask if you can spend more efficiently.
Never underestimate the compound effect of a dollar. Never underestimate it, right? And especially as you start to create some financial outcomes. I made this mistake and goodness, I kicked myself up the ass when I figured it out, right? You wanna start creating this waterfall of dollars. A dollar here, a dollar there, $5 here, $10 here, $20 grand here, whatever it is, better in your back pocket actually getting out there and working for you. Every 6 months, schedule a financial audit. And you ask this simple question, in this area of my life, Can I be more effective? Can I be more efficient?
