Life Lessons: Wealth Building 101

A lot of people in the world will live out their lives never having experienced even just a month of financial independence. The reason for that is simple; a lot of people in the world don’t want to be wealthy. There is no other explanation for it. The wealth building process is not a secret. Hundreds of books have been written on the topic, but still, people choose to ignore all the information available.

The truth is that it doesn’t take a genius to be wealthy. It doesn’t take a degree in accounting to be financially literate. In fact, there are ways to make wealth a side-effect of your lifestyle. Here are some tips on how to create a daily routine that is conducive to building wealth:

 

  1. Pay Yourself First

Most people have budgets. Unfortunately, budgets don’t work for wealth building. You simply end up spending more than you want to, with only a few bucks for savings. A good strategy for financial independence is to put money in your savings account FIRST, and manage…

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