You are middle-aged. Your net worth is meager. Your income is barely sufficient to meet expenses… And those expenses are going up. The War on Cash is looming. Economists are predicting things will get worse. What can you do?
Of the hundreds of wealth-building strategies I’ve tried over the years, the best one was also the simplest: Make sure you get a little bit richer every day. This thought occurred to me more than 30 years ago.
Making more income is the best way to build wealth. So long as you don’t spend it as fast as you make it. In other words, the short-cut secret to getting wealthy quickly and efficiently is to
I consider myself to be an expert of sorts on retirement. Not because I’ve studied the subject, but because I’ve retired three times. Yes, I’m a three-time failure at retiring.
Thirty years ago, I made “getting rich” my number one goal. I got the idea from Dale Carnegie’s advice in his book How to Win Friends and Influence People. He said that most people fail to achieve their dreams because they don’t set goals.
When I “decided” to get rich, I didn’t know the first thing about creating wealth. I was an editor. I wanted to be a novelist. I’d never taken a course in finance or economics. Plus, I was broke.