If you do not believe the traditional path to wealth of investing in diversified ETFs and compounding the returns for the long term, you’re in for a treat. Today, I will be discussing what I learnt from a book called “The Millionaire Fastlane” by MJ DeMarco, where the author challenges everything I thought I knew about building wealth. The essence of the Fastlane philosophy challenges traditional financial advice by advocating for rapid wealth accumulation through entrepreneurship, innovation, and strategic investments. Unlike the conventional route, which preaches saving and patience, the Fastlane encourages us to take control of our financial destinies and leverage opportunities for exponential growth. Understanding the Pathways: Sidewalk, Slowlane, and Fastlane To truly appreciate the Fastlane, let’s compare the three financial paths that DeMarco described in his book – Sidewalk, Slowlane and Fastlane. The Sidewalk, where financial planning is virtually nonexistent, leads many to live paycheck to paycheck. The Slow Lane, favoured by...