Part 1 of 4, White Top View series, Wealth Building
Introduction to 3 Wealth Building Steps
Short of inheriting wealth, winning the lottery or starting Facebook you need to get rich from your own efforts. You can do that. You can choose to follow a well-worn and proven path already taken by many others.
This Part 1 of the White Top View series, Wealth Building a discussing the basic steps to wealth building. Links to all four parts of the White Top View series, Wealth Building are at the end of this post.
Simple rules and 3 wealth building steps:
1. Borrow – Debt Control
– borrow the least and pay the most to become debt free as fast as possible.
2. Save – Pay yourself 1st
– save as much as possible as fast as possible.
3. Learn – Investing basics
– become a knowledgeable investor.
Skipping any one step means you can still live well and be happy but wealth is note part of your future. Avoiding any step will certainly mean that you choose to forgo being as rich as possible. So chose to grow your wealth as well as living well and being happy. Do so by following 3 Steps of Wealth Building, pay off debt, save as much as possible and learn investing basics, all proven steps on the path to wealth.
Learn to live and enjoy life below your means
Not within your means, below your means. That overriding principle can make you rich.
It will also annoy your bank and may bug a few realtors. But it will make you rich. So if getting rich is your goal our next three discussions will cover each step so you know how to start on your path to wealth.
Are you ready to get rich? What are you doing to make that happen? Let’s talk about it.
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Have a prosperous day!
These discussions and information intend to help you better understand markets and investing. I am not a financial or investment advisor; opinions are for informational and educational purposes only and are not intended as investment advice. For syndication of the site or blog, please contact info@WhiteTopInvestor.com.
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Links to the White Top View series, Wealth Building