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008 Understanding the Number for Wealth Creation

Informações:

Synopsis

Today, we will do a bit of math to understand the number of wealth creation. We will talk about the variables to consider when you want to reach the desired level of wealth, and we will cover the most common mistakes people make when planning their journey to a wealthy life.  What You Will Learn In This Episode: - How the change in the pension plans has affected our lives - Why we must create a lifestyle plan rather than an income plan - How investment returns can help us create wealth, and how higher investment returns relate to risks - The role of time in wealth creation - The four inputs that affect the amount you need in order to grow your wealth The see-where-it-goes mind frame is not the best strategy to achieve financial liberation. Therefore, when we talk about wealth creation, it is fundamental to have a clear goal, otherwise, it is impossible to put a plan together that will get you where you want to be.  Resources: - Affluent Entrepreneurs Private Facebook Group https://www.facebook.com/groups/affl