To put it simply wealth is the money you don’t spend. If you bring home $275 a week and spend $273; Congratulations! You’re $2.00 Wealthy! If I would have followed my own advice starting back in 1974 I’d be writing this article from the patio of my double-wide in New Port Richey, Florida instead of this dreary suburb of Detroit on a snowy afternoon.
The way to wealth has nothing to do with how much money you make but on how much you spend. In other words the sooner you get your spending under control the wealthier you’ll be. The lifestyle we choose will determine how long, if ever, we reach our goal of financial independence at retirement. There are so many investment vehicles out there that are relatively safe and if you put the thousands of dollars into them, will return many hundreds of thousands (possibly millions) of dollars back. But where do you get those hundreds of dollars each month? You determine that by the lifestyle you choose. Continue reading ‘Ride the Bus to Financial Security’ »