Business
Intro 00:00I was a financial planner for 16+ years and came across some super shady advisors.Many were more concerned about keeping you as a client so they could earn commissions and earn fees. I can remember early in my career I had a good friend that was a photographer. He was growing his business and investing into a Roth IRA (at my advice) at the same time.He reached a point in his business where he needed to invest his money into more equipment instead of his Roth IRA. I realized that investing in his business would make him a lot more money, so I was all for that idea.My point of this story is to give you a new perspective, if you really want to build wealth.Here are the 9 things that you need to know:04:18 1. Save money on vehicles06:33 2. Don’t buy ‘more’ house than you need07:33 3. Stop buying so much stuff09:13 4. Save a percentage of your income 11:25 5. Work as much as you can NOW12:55 6. Invest in your education13:46 7. Invest in yourself15:49 8. Venture into entrepreneurship18:34 9. Invest in Real EstateIf you want to build wealth, you can do that by investing into a Roth IRA. But, if you want to truly grow your wealth, then you need to explore some of these other options.Are you working with a financial advisor? If you are, are you hearing some of these same things from them?Have you been told that any of this is ‘not a good idea’?Let me know in the comments.