10 Financial Strategies to Maximize your Wealth

10 Financial Strategies to Maximize your Wealth.Show more

7. Eliminate Credit Card Debt

Credit card debt is bad because of:

- High-interest rates
- Could damage credit score

Credit card debt can drain:

- Your budget
- Your savings
- Your future portfolio

You rob your future self with credit card debt.
8. Save for Retirement

Use the power of compound interest to your advantage.

The earlier you start:

- Saving
- Investing
- Paying yourself first

...The more likely you will see a return on your investment.

Build your tomorrow starting today.
9. Build Additional Income Streams

Don't rely on 1 income source.

Income examples:

- Earned income
- Rental property income
- Active and passive income
- Dividends and interest income
- Second business income stream

Never put your eggs in 1 basket.

Diversify your income now.
10. Health and Wealth Go Together

Don’t take your health for granted.

Begin to:

- Meditate daily
- Exercise regularly
- Drink enough water
- Stick to healthy foods
- Block negativity/toxicity

Adopt a healthy routine today.

You can't enjoy wealth if you have bad health.