I made my first $1,000,000 at 26. Here's how,

Ali Abdaal · · 1 min

Ali Abdaal explains how he made his first million by 26, focusing on three strategies: raising your income, investing in assets, and building things that earn passively.

Watch the episode 1 min · YouTube

The gist

  1. Cutting expenses alone is too slow; Abdaal says focusing on earning more is far more effective for reaching financial freedom.
  2. Once you've invested in your own skills, Abdaal recommends putting spare cash into stock market index funds to benefit from compounding.

What they recommend · 1 pick

Stock market index funds Finance & investing

"At that point, you can plow that money into things like stock market index funds."

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