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And a lot of that is often passed on by their parents while theyre growing up.

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Read below for themost impactful insights that helped both millionaires set their financial journeys in motion.

However, savings had to be funneled in a productive way, like education, investment or emergency funds.

Which, in the end, resulted in financial freedom, he said.

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He wasnt talking about saving alone but about the power of compounding.

This served as a guide in every financial decision I made.

Know the Difference Between Financial Independence vs.

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This may sound counterintuitive in a conversation about wealth-building, but it had a profound impact onmy financial philosophy.

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