10 Financial Strategies to Maximize your Wealth
10 Financial Strategies to Maximize your Wealth.
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.
