ARTICLES

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​Accumulating Wealth or How to Become Rich

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There are so many publications on the bookshelves on how to become rich, about self-made millionaires and the insider’s methodology to the accumulation of obscene wealth.  The bottom line to ask yourself (everyone has a different opinion) is:

• What is wealth?
• Is there really a method that can make the accumulation of wealth realistic?
• What is it to be rich, and how much money does it take to be rich?

The Key to Wealth - most people believe the key to wealth is a high-paying job.  Yes, it is easier to amass assets if you have more money coming in each month, but the true secret to increasing net worth is to spend less than you make.  To escape this trap, you need to understand that income is not wealth.  This is the fundamental, absolute, non-negotiable reality of money.
 
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RPE Category (Digital Digest)

REAL ESTATE | VALUE ADDED STRATEGIES | ​Wealth Retention

PUBLISHED:

November 11, 2020

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