You need to remember the following “Golden Rules” of Wealth Growth:
You may perceive these rules symbolic, obvious or unrealistic. I would like to suggest that you don’t analyze these rules but instead internalize and apply them.
Imagine that your income is located deep in the ground, in a “money mine”, and you need to extract it (a.k.a. apply efforts to earn it) and then divide it into the following three jars:
The objective is to fill all three jars, which is an equivalent of you achieving your goal of financial freedom. Although this goal may seem unrealistic at first for those with a modest single income source, it is up to you when to start. You may wait until you marry, have a better paying job or even until you retire. My advice is to start as soon as possible because it takes time to accumulate wealth without taking too much risk. Also, when I talk about different “money jars” I refer to physically separate locations (e.g. different bank accounts, brokerage accounts, etc.)
This “Wealth Growth and Wealth Management system” is neither complex nor sophisticated and it works. It requires your desire to win the “money game”, a bit of common sense and a commitment to “stay the course.” This system will interrupt your “money drama” and allow you to live well now and in the future.
Read more details on this topic next week.
You can also contact me with any questions on my website or FB page “Dare to Change Life”
To Your Health, Wealth and Happiness,
Millen is a Wealth architect and Financial Independence Coach, entrepreneur, and a bestselling author. Being a Possibilities’ Catalyst, she uses her intuition, business, and investment expertise to support entrepreneurial women (like you) who want to master their money, live their purpose achieve financial prosperity and freedom. With her physics and business education, corporate and entrepreneurial experience, money management know-how, mindfulness practices and transformational coaching skills, Millen has a unique ability to guide and support clients in achieving extraordinary success in their lives.