Meet Your Goals Through Discipline
Generational Wealth starts with you. Here are 15 ways to save money which will ultimately help you achieve your goal.
Save. Invest. Repeat.
Real estate builds wealth, income and provides a tangible asset to pass down to future generations.
In 2019, homeowners in the U.S. had a median net worth of $255,000. while renters had a net worth of just $6,300. That’s a difference of 40x between the two groups!
Homeowners build wealth through equity.
Landlords have a fixed mortgage payment while rental income increase over time. This yields higher income streams.
Given time real estate appreciates in value, loans decrease and equity turns into wealth. That wealth can be used to trade up in housing, purchase additional properties or fund business ideas.
Steps for Wealth
Building wealth is a multi-step, multi-person, multi-year, multi-level endeavor.
Maximize employer contributions
Save and learn investment strategies
Invest and grow your savings
Maximize tax benefits
Insure your life!
Creating Generational Wealth Starts with Wealthy Habits.
Life Insurance can help maintain financial security and stability for the people you love if an unfortunate event happens.
“Wealth is more often the result of a lifestyle of hard work, perseverance, planning, and, most of all, self-discipline.”
― Thomas J. Stanley, The Millionaire Next Door: The Surprising Secrets of America's Wealthy
Wealth Book List
The Millionaire Next Door
The Richest Man in Babylon
The Seven Habits of Highly Effective People
The Secrets of A Millionaire Mind
All information is provided by the licensed REALTOR®/Agent. This information is not verified for authenticity or accuracy and is not guaranteed. This website is not responsible or liable in any manner for any content posted herein or in connection with our services. Information is not guaranteed and must be confirmed by the end user