This is part three of a three-part series on how to build wealth. If you haven't listened to the first two episodes in this series, make sure to listen to those two episodes first. This week's episode will really give you the meat of how to build wealth. But in the first week, I showed how in order to become wealthy, you have to change your mindset. That step is critical.
Last week, I showed you how to increase your income. I covered how to ask for a raise as well as how to use the gig economy to get out of debt.
Also, for the last couple of weeks, I've mentioned that we were on the precipice of a huge economic disaster. If you are in debt, that economic crash is going to be very painful. So, your time to prepare is very, very short. If you have credit card debt or some other type of short-term loan debt, you have to do whatever it takes to get out from under that burden. And your time to do this is now very, very short.
However, that same economic disaster will actually be a windfall for anyone who has a nest egg stored up. We are on the verge of an opportunity of a lifetime (maybe three lifetimes) if you have just a little wealth stashed away.
And as I mentioned last week, I'm not selling anything. I'm not a stockbroker or financial planner. I'm just a small business guy who can read economic data. My only reason for covering this topic is to help you capitalize on this opportunity.
So, hopefully, you can take a few of the ideas I present here and build wealth for you and your family.
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