The Most Common Wealth Building Myths There are some common myths that hold work at home businesses and investors from achieving success. These myths can have a powerful psychological impact on small business owners, stopping them from building wealth, and preventing them from reaching their full potential. Money Breeds Money This may have been true pre-discovery period, but it is…
If a person doesn’t know how to manage a million dollars, I virtually guarantee that the money will quickly disappear, if a millionaire wrote a non-millionaire, who is not well versed in finance/money management, a check for $1,000,000 right now. Approximately 90% of lottery winners go broke within five years, because they don’t have the basic discipline/know how to handle…
Smart Wealth Building Tactics Have you noticed that everyone wants to be rich, but few people seem to want to build wealth the old-fashioned way- step by step? If you have tried the “lottery method” and it hasn’t worked out, read on for some tips on how you can build wealth for a better future. Save Sooner Rather Than Later…
The key to advancing your wealth is building a quality team of advisers. Advanced wealth planning strategies should not consist of you going it alone. Your advisers can make you or break you. Advancing your wealth cannot and should not be done by yourself. Many people make the mistake of doing everything themselves. Doing everything yourself is fine but if…
Golden Rule Of Personal Finance #1. To earn money from money. The only way to escape becoming a wage slave for the rest of your life is to set aside savings. The profit on your savings can be used to increase your lifestyle spending or reduce the number of years until you retire. How are you doing so far toward…