There is a shortcut to massive wealth…
And you can learn that shortcut by listening to successful people that have come before us.
I asked experts from all over the globe this question:
If you could tell yourself one piece of financial advice, what would it be?
Be sure to implement these strategies, and true wealth is yours!
Jeran Van Alfen, CFP®, Empire Wealth Strategies LL
One thing I wish I knew early in my career about finances and a topic that comes up regularly among young professional clients is to place more importance on short term savings and establishing liquid funds before putting so much emphasis on long term savings.
So many young people get caught up with their 401k and buying an expensive house before thinking about what matters to them right now and establishing financial security in the short term. They can find themselves without adequate emergency savings, in a high amount debt, and still putting significant amounts of money into their retirement account.
Barry Maher, Author, Consultant, and Motivational Speaker
If I could give one piece of advice to my younger self, it would be to start building a financial cushion as early as possible. I was self-employed then and operating on a shoestring, often a broken shoestring. That made business (and life) stressful and it also kept me from taking advantage of several big opportunities.