Is there a secret to having financial wealth, to being rich? Is the secret to wealth complicated? And most important, is the secret something I can use to make myself rich?
The good news is that there are only two real ways to build financial wealth. Both are easy to apply. There is a third way to become rich that builds wealth fast and creates a much bigger pile. We’ll save the super-charged wealth building secret for last.
If you read social media or the news feeds, you would think having money is some complex,10,000 step process only the lucky and gifted can conquer. It gets people to click, but provides bad advice or worse. I have worked with thousands of people over the past four decades and have seen countless examples of how people build a large net worth and the habits of those who don’t. I boiled all the details into two categories I call offense and defense.
This post originally appeared at The Wealthy Accountant.