9 Ways To Build Wealth Fast (That Your Financial Advisor Might Not Tell You) - Deepstash
9 Ways To Build Wealth Fast (That Your Financial Advisor Might Not Tell You)

9 Ways To Build Wealth Fast (That Your Financial Advisor Might Not Tell You)

Curated from: forbes.com

Ideas, facts & insights covering these topics:

3 ideas

·

6.65K reads

11

1

Explore the World's Best Ideas

Join today and uncover 100+ curated journeys from 50+ topics. Unlock access to our mobile app with extensive features.

The Slow And The Fast Way To Build Wealth

  • The long-term approach to wealth building: If you’re younger and your income limits allow, open up a Roth IRA. Invest in mutual funds and ETFs while making sure you have enough cash in your emergency fund.
  • For a faster approach more aggressive measures are necessary, like saving and investing on education, a business or real estate.

426

1.76K reads

Todd Tresidder

“Great wealth builders focus on both saving money and earning more.”

TODD TRESIDDER

373

3.23K reads

9 Ways To Building Wealth Fast

  1. Save on vehicles. Before buying a car, investigate vehicle reliability, pricing and financing.
  2. Rent. Most rentals offer more flexibility in case you need to move. Also, not having the mortgage payment allows you to start saving earlier.
  3. Don’t be a consumerist, buy only the things you really need.
  4. Save a percentage of your income so you have more money to invest.
  5. Work hard on your current work regardless of your feelings for it. It’s easier than finding a new great opportunity and may lead you into a promotion.
  6. Educate yourself even if it doesn’t bring any immediate benefit, being educated opens new opportunities on the long run.
  7. Invest in yourself and your marketing to open up new opportunities.
  8. Being an entrepreneur is the best way to maximize your earnings, short of being an investor. Try it, even if it fails the learning from it will be invaluable in your next attempt.
  9. Real estate won’t make you rich overnight, but it’s a solid strategy to increasing your network. 

638

1.65K reads

IDEAS CURATED BY

aubbrrey

Keep your friends close and your enemies closer!

Aubrey 's ideas are part of this journey:

Ask for a Raise

Learn more about moneyandinvestments with this collection

How to close the deal

How to handle objections

How to present your value to your employer

Related collections

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Personalized microlearning

—

100+ Learning Journeys

—

Access to 200,000+ ideas

—

Access to the mobile app

—

Unlimited idea saving

—

—

Unlimited history

—

—

Unlimited listening to ideas

—

—

Downloading & offline access

—

—

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.

Email

I agree to receive email updates