You’d love to be wealthy, right? But then immediately reject the idea as ridiculous. Let me assure you, creating wealth’s a lot simpler than you think. And you don’t need a lot of money to start.
What you do need is enough discipline to obey The 3 Rules of Wealth:
1. Spend Less—never spend money you don’t have. If you can’t pay off your credit cards in full each month, stop using them.
2. Save More—pay yourself first. Ideally, 10% of your income goes straight into savings. But $10 a month is totally fine. The idea is to get in the habit of saving.
3. Invest Wisely—put at least a portion of your money into assets will grow faster than inflation and taxes take it away, like stocks, bonds and real estate.
All 3 are critical. But Investing Wisely is how wealth is created. It’s also the rule that stymies most people.