5. Invest In A Home

You’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 ...

Buying time can increase our sense of control and, ultimately, our feelings of well-being. For example: hiring someone to clean the house for us, ordering takeout instead of cooking, or paying extra for a direct flight.

But we are less likely to benefit from buying time wh...

• It means investing in common stock, which is another way to describe business ownership or business equity.
• When you own equity (the value of the shares issued by a company) in a business, you are entitled to a share of the profit or losses generated by that company's operatin...