HOW TO GET RICH-3 TIPS TO CREATE WEALTH
How to Get Rich – Book Trailer
How to Get Rich; Without Winning the Lottery (previously sub-titled Wealth Building Guide for the Financially Illiterate) is a great start for those with money woes.
If you don’t have a money smart mom, dad, friend, spouse, or mentor, I want to fill the role.
I was blessed with financially astute parents and received a great education on top of their wisdom.
In the video you’ll get some actionable tips and a taste of the wealth building secrets in How to Get Rich; Without Winning the Lottery:
- Just a hint, would you like to change one lifestyle habit and have $70,000? It involves snacks. (That’s all I’m going to tell your for now)
- Would you like to drive a Lexus for the price of a Kia? There’s a hint about how to do it in this video.
Let me be your money mentor!
How to Get Rich from “Step 3: Spend Your Way to An Awesome Life”
In a few years, these spending tweaks can fatten your bank account to more than $100,000.
Enjoy these how to get rich tips from page 55, How to Get Rich; Without Winning the Lottery:
“Adjust spending patterns a bit, and see how you can become rich. If I told you that by cutting back your rent and car payments, you could afford to buy a home within five years, would you be interested?
Take on a roommate or two, and move to a more affordable apartment. Those two spending choices could cut your rent payments to $700 per month. Buy a more affordable car and slice your auto payments in half. Make these two lifestyle changes and free up $1,550 per month.
Divert that $1,550 per month savings into an investing account funded with a broad based stock index fund with an average annualized 7 percent return. (Be aware that investment returns go up and down, and your return may be less than projected.) At the end of five years, your money could grow to $110,969. That’s more than enough to put down on a new home or condominium with money to spare.”
*How to Get Rich; For the Financially Illiterate has been updated and retitled How to Get Rich; Without Winning the Lottery