By Michael Masterson
Masterson, a self-made millionaire, attracts upon his personal reports and that of specialists in particular fields (retirement, making an investment, actual property) to provide an entire application on attaining monetary independence. prepared round 5 key ideas, the writer indicates readers how you can bring up their source of revenue and proceed to avoid wasting for the longer term; tips to stay extra with ease; the best way to achieve fairness in a enterprise that might supply an source of revenue flow for the longer term; the way to purchase genuine property and the way to take a position the remainder of your funds. The e-book will provide particular steps together with the way to strengthen wealth-building conduct, locate the perfect company to speculate in and the way to increase a 3 to 15 12 months plan to arrive millionaire prestige.
Read or Download Automatic Wealth: The Six Steps to Financial Independence PDF
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Extra resources for Automatic Wealth: The Six Steps to Financial Independence
And plenty of others did, learned, pretty early, the too. importance of working But I can say that the success I’ve had long and hard. What I since then has been more dramatic . . never knew—until my and has come a lot easier. conversion—was the immense benefit of get- HOW I TAUGHT MYSELF THE VIRTUOUS EARLY-TO-RISE HABIT ting to work early. M. M. Five days at 11 hours and at least half a day on Saturday and Sunday allowed me to reach that 65-hour average. ) and leaving at about 6:30 or 7:00. He was working about the same number of hours as I was during the week but didn’t work at all on weekends.
Another woman that I read about had to be put on medication for severe depression because a year after being downsized from her job, she learned her nest egg had plummeted from $1 million to $250,000. And many victims of the stock market crash have been left in even worse shape. Tim and Kay Plumlee saw their retirement fund plunge to a mere $60,000 after a broker recommended they put their life savings into a 24 AUTOMATIC WEALTH variable annuity—an investment that seemed like a profitable, risk-free opportunity at the time.
If your normal wake-up time is seven, set it for six. From now on, you are going to wake up and get to work an hour earlier. Getting to work early is such a common virtue of successful people that I’m tempted to call it the single most important thing you can do to change your life. Step 2: Plan to Become Wealthy 47 I wasn’t always an early riser. For most of my 20s, if I saw the sun rise, it was before going to bed. And even in my 30s, I’d struggle to get in to the office by nine. I wasn’t afraid of the work.
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