MONEY
Build financial strength before chasing financial sophistication.
Clear thinking about income, spending, saving, investing and the long process of building wealth.
A Higher Income Will Not Build Wealth If Your Lifestyle Grows Just as Fast
A higher salary creates the opportunity to build wealth, but lifestyle inflation can consume the entire increase. The important number is the surplus you keep.
Building Wealth From Scratch Is Mostly About What You Do Before You Invest
When the starting amount is small, the biggest financial decisions are often not about choosing investments. They are about creating surplus cash, protecting it and steadily increasing the amount you can put to work.