Published On Sep 18, 2020
There is a lot of talk these days about how difficult it is to become wealthy if you are starting from nothing, and with a low income. In this video I share three pillars that you can rely upon to become incredibly wealthy over the course of your working life. These are -
1. Increase your income over time. (Work a job you love, give more than you receive, make yourself more valuable every day, and get raises.)
2. Save as high a percentage of your income as is reasonable. (A good baseline to suggest is 50% of your income. If you make more, save more. If you make a small amount now, start with what you can and work your way up.
3. Take your cashflow from your savings from working and buy attractively priced assets. (i.e. stocks, real estate, businesses)
If you do these three things, your financial future is unstoppable. Period.
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