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What are the most successful methods to ensure a secure financial future?. By Mike Carlos. The Goal….
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What are the most successful methods to ensure a secure financial future? By Mike Carlos
The Goal… • To share the most valuable financial advice that will assist you throughout the course of life. By extracting the best lessons from financial advice novels a list has been produced with only the most useful methods.
Lesson #1The Rich Don’t work for Money • By creating residual income* by investing, becoming wealthy and financially secure should not be as much of a difficulty as once thought. • *money that makes itself
What is investing? • Investing is taking money and putting it into assets. • Assets range from Savings acounts, Mutual Funds, Stocks, Real Estate, Anything that will make money without any work put into it.
Lesson #2Learn Financial Literacy • Financial literacy is a necessity for having a secure financial future
Knowing the difference… • Income • Expenses • Assets • Liabilities
Lesson #4The Don’ts • In order to access the potential of these methods, old habits need to be kicked.