TGIF, Ep 306

Episode #306

How to build new wealth for the new world, step one:

Get a source of income which is greater than your expenses / Spend every dollar you make with intention, and on purpose according to a plan / Get rid of consumer finance tackling the highest payments first , save 3-6 months of your income as a self-insurance fund, and then start investing. Initially it may be for a deposit on your first home, then, when you do get property, hit up some managed funds and individual shares too if you can. Get the basics done right first. Just don’t stay in the basics forever.

Step two: Investing in precious metals like gold, especially physical gold, is an alternative way to build wealth for a version of the future we may one day see.

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