Building Wealth?.

[Guest]

I am uncertain if this writer means “individual wealth” or national wealth as the United States nation. Assuming the writer means individual wealth, for me that means first of all reigning in debt. I realized a long time ago that you can’t build wealth if you spend all of your money trying to keep up with the latest fads and gagets.

It also means investing in oneself by education because knowledge is power. It also means pooling resources and building influential relationships that can help a person increase wealth. It may be a good job or a important personal or professional contact.

It also means taking a certain amount of risk because staying in the safe zone keeps you sometimes too safe. It also means developing a plan for the future that you try your best to stick to your plan. It means doing the hard work it
takes to get where you want to go.

And that is just the begining…

— On Thu, 7/3/08, graeme.brewer wrote:

From: graeme.brewer
Subject: Budget101.com : Building Wealth?.
To: Budget101_@yahoogroups.com
Date: Thursday, July 3, 2008, 7:55 am

We have all heard how 5% of the worlds economically active people own
around 96% of all the money that is being earned.
What are your views on wealth creation and how do you intend to become
rich, if that is your intention at all?.

Thank you very much for your thoughts

Graeme.

South Africa.

[Author]

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