(Yep, the last interview. Man time goes by fast!)
Content:
(1) What is your essential question, and what are your answers? What is your best answer and why?
- My essential question is "How can a person become a millionaire, without inheriting or winning the lottery?" My answers are a person can become a millionaire if they know when to spend their money, and when not to, making a budget and sticking to it will help a person become a millionaire, and using time effectively will help your money grow and make you a millionaire. My best answer would have to be my first one, a person can become a millionaire if they know when to spend their money, and when not to. This is because the biggest thing that people have problems with when it comes to money is discipline, not knowing when to spend money and knowing when to hold back.
(2) What process did you take to arrive at this answer?
- It came up a lot during my time with my mentor since a lot of people have problems with this.
(3) What problems did you face? How did you resolve them?
- The problems I faced was finding credible sources that weren't books, interviews, or my mentor. Since there are many articles about finance that are good but the website title is a bit like, they got information from a site called Money Crashers. I did resolve this by making sure to not only defend the articles I found that were good to the best of my ability and narrowing down what to look for in a credible source.
(4) What are the two most significant sources you used to answer your essential question and why?
- The two most significant sources that helped me answer my EQ is my mentor since he not only has experience with this but also a lot of knowledge about my topic. And the other is The Total Money Makeover by Dave Ramsey since this is a book my mentor gave me but also because Dave Ramsey experienced the many hardships of dealing with money and the book helps illustrate that discipline is the biggest thing to do first.
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