Your Guide To Building Wealth From Scratch - Deepstash
Your Guide To Building Wealth From Scratch

Your Guide To Building Wealth From Scratch

Curated from: briantracy.com

Ideas, facts & insights covering these topics:

3 ideas

Ā·

2.58K reads

9

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.

Increase Your Income

Increase Your Income

Formal education, practical experience in your field and doing a good job is important to earn a high income.

Most professionals see their incomes increase over time. If you can gain high earnings at an early stage, youā€™re likely to make even more later on.

208

937 reads

Save and Invest

Youā€™ll only build wealth if you save a reasonable percentage of those earnings.

  • If your employer offers a 401(k) plan, increase your contribution.
  • Automatically send a portion of your money to your savings or investment accounts before you can spend it.
  • Purchase a home instead of renting. You'll get your house payments back in the form of equity.
  • Pay off anything you owe to avoid paying interest.
  • Maximize the interest earned on your savings.

231

829 reads

Cut Wasteful Spending

Periodically evaluate your spending and look for sources of savings.

  • Invest in more sustainable technology for your home.Ā For instance, if you watch cable, buy only the channels you are watching.
  • Improve the insulation of your home to reduce the amount you are spending on electricity and gas.
  • Consider buying in bulk.

203

818 reads

IDEAS CURATED BY

ang_

"There's no money in poetry, but then there's no poetry in money, either." ~ Robert Graves

Angela 's ideas are part of this journey:

Mood Boosters: Put Yourself in a Happy Mood

Learn more about moneyandinvestments with this collection

The power of gratitude and positive thinking

Ways to improve your mood

Simple daily habits for a happier life

Related collections

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Personalized microlearning

ā€”

100+ Learning Journeys

ā€”

Access to 200,000+ ideas

ā€”

Access to the mobile app

ā€”

Unlimited idea saving

ā€”

ā€”

Unlimited history

ā€”

ā€”

Unlimited listening to ideas

ā€”

ā€”

Downloading & offline access

ā€”

ā€”

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