Wealth Tip 2 | Building Wealth
There are no super secrets to wealth accumulation. We need intention, action, discipline, knowledge, and persistence through good and bad times, over our lifetime.
Wealth Quick Tip #2
For those who may not inherit any assets from family, the path to a comfortable retirement is to “save more than you spend.” When your employer offers you a retirement plan with a contribution, take advantage of the “free money”. Save additional funds when there is an extra bonus or raise. The beauty of compound interest and dollar cost averaging will work in your favor throughout your career lifetime.
Truly wealthy people develop the habit of “getting rich slow” rather than “getting rich quick.” To assure this, they have two rules with regard to money. Rule number one: Don’t lose money. Rule number two: If ever you feel tempted, refer back to rule number one, “don’t lose money.”Brian Tracy
Compound interest is the eighth wonder of the world. He who understands it earns it … he who doesn’t … pays it. Albert Einstein
We launched our first book, “36 Quick Tips for Savvy Women”, late last year and wanted to share monthly E-Tips that will help keep us on track and headed toward our brighter future. For copies of “36 Quick Tips for Savvy Women” please visit 36 quick tips or call us at 925-219-0080.
Let’s take control of Our Work, Our Wealth and Our Worth!