By Dr. Jim Dahle, WCI Founder

Not long ago, I had someone on the Milestones to Millionaire podcast who achieved a significant net worth milestone despite making a ton of financial mistakes. He had purchased unnecessary whole life insurance, spent some time day trading, and made similar mistakes. None of them seemed to slow him down much, however, because of what he had done right. They were simple but critical things. He had earned a lot of money (over seven figures a year at times) and saved something like 50% of it. It actually is pretty common—even the norm—on that podcast to have people who didn’t optimize every little thing in their financial life but got the most important things right.

St. Peter famously said, “Love covereth a multitude of sins.” St. James said, “He that converteth a sinner from the error of his way . . . shall

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