Wednesday, August 24, 2011

10 Tips for a Wealthy Life

  1. Live within my means
  2. Maximize my income potential through education and training
  3. Effectively manage my budget, credit, debt and tax obligations
  4. Save at least 10% of my income
  5. Use home ownership as a foundation for building wealth
  6. Devise and investment plan for my retirement needs and children's education
  7. Ensure that my entire family adheres to sensible money management principles
  8. Support the creation and growth of minority owned businesses
  9. Guarantee my wealth is passed on to future generations through proper insurance and estate planning
  10. Strengthen my community through servicing and volunteering
These are some of the life lesson I've learned and they have helped me change my life...

1 comment:

  1. Living within your means is truly admirable because it means that you know your limitations as a consumer. There are a lot of things that can actually be done if you are able to manage your expenses and establish a clear budget for all your obligations.