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They have most of the same assets that everyone else has, just more of them; with one exception. The main difference is the balance between the different assets they own. That one exception is equity in a private business. Whether it is a business they started or purchased, most wealthy people have equity in a … Continue reading What Assets do the Wealthy Have?
The most important example you can set is for your kids. Parents have an innate desire to set a proper example for their kids. This is true in almost every aspect of life. Parents want to show their children to be kind, courteous, ambitious, hard working, compassionate and a million other things. I've written in … Continue reading The Ultimate Example
To become a millionaire by 30 there are basically two job titles that you can have. If you stretched it to 40 you’d have several more options available but most people don’t want to wait twenty years to become wealthy. Why should you, there is nothing wrong that wanting to be successful quickly. I’ve met … Continue reading What people do in their 20’s to become millionaires in their 30’s.
The definition of wealth is very simple, calculating it can be done in minutes. Wealth = Value of assets - Liabilities If you don't know how much wealth you have, count up all your money, stocks, real estate, etc. and subtract all your current debt (mortgage balance, credit card, car loan). If the assets are … Continue reading What is Wealthy?