Building wealth is a goal for a lot of us. Usually what people see, is the ultimate final step in building wealth. When you have millions or billions on your bankaccount. But there are a lot of stages in between where you are now and that ultimate destination, which shows you are already wealthy. Here are for you, the stages of wealth:
1. Stability
In this stage, you have no debt, the bills are paid and the savings are funded. Did you know that at least 30% of all Americans can’t afford a $500 emergency, which leads to believe that Americans stay stuck in a workplace that isn’t paying them enough, the cost of living is to high or the taxes are to high.
2. Strategy
In this you have the financial room to invest, Money works for you.
3. Security
Enjoy your money. Eat good food. Travel.
4. Freedom
Money is not an issue. Quality of life trumps costs.
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