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How do you see wealth/money?

by AwesomePossum
1 replies
How do you see wealth?




Business is completely a new culture in itself and so is building wealth...

So...

As of now...this is how I see wealth:

33% goes to growing assets.
33% goes to living expenses.
33% goes to fun.


Find out how people aqcuire wealth...hint hint...it has nothing nothing do with with having a lot of money : 0

Anthony Robbins has a series called The New Money Masters

I'd recommend this to anyone trying to make and understand money..

I mean seriously it's Tony Robbins so it's not like I'm trying to advertise something here.

here's the 3 ways to build materialistic wealth via Eben Pagan and I like it.

1. Build assets not get more money.

2. Invest in knowledge and education that builds more wealth

3. Invest and build relationships with other successful people in your market.

4. MY BONUS: Don't ever borrow or use credit. Not until you completely understand these 3 concepts and you can properly use the money to grow assets that you can directly pay back through a set action plan. If you don't have that...your digging yourself into a hole



With all that said I don't believe that materialistic wealth is everything....but it's definitely important and definitely vital.


Aaryn
#wealth or money
  • Profile picture of the author styla786
    The No. 1 rule is to know the difference between an asset and a liability. The rich focus on their asset columns while everyone else focuses on their income statements. The more money that goes into my asset column, the more my asset column grows. The more my assets grow, the more my cash flow grows. And as long as I keep my expenses less than the cash flow from these assets, I will grow richer, with more and more income from sources other than my physical labor.
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