Category

Wealth Principle

Wealth Principle

What is the Best Way to Build Wealth

The Best Way to Build Wealth “No great thing is created suddenly, any more than a bunch of grapes or a fig. If you tell me that you desire a fig, I answer that there must be time. Let it first blossom, then bear fruit, then ripen.” — Epictetus This is great advice, but it is especially great advice when…
Patrick
December 22, 2020
Wealth Principle

Pay Yourself First

Always pay yourself first. Why? Because it's one of the most important principles of building wealth. You see, many individuals earn an income that empowers them to build wealth, yet they constantly feel strapped for cash without saving a dime. The reason they feel this way isn’t because the amount of money they make doesn’t support saving—it’s because they neglect…
Patrick
December 12, 2020
Wealth Principle

Building Wealth Isn’t About How Much Money You Make

Marlene Dietrich, the renowned actress also known for her humanitarian efforts during World War II, is quoted saying, "There is a gigantic difference between earning a great deal of money and being rich." It's true—you can earn a great deal of money and never be rich. This truth brings us to the most important principle in building financial wealth because…
Patrick
October 29, 2020