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Showing posts from September 5, 2020

7 Wealth Generation Methods for Young People

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Generational wealth is the ability to pass down financial assets to future generations. It's something that many people dream of, but it's not always easy to achieve. However, if you're in your 20s and you're serious about building generational wealth, there are a few things you can do to get started. Here are seven tips for building generational wealth in your 20s: Set financial goals. The first step to building generational wealth is to set financial goals. What do you want to achieve financially? Do you want to buy a house? Pay off your student loans? Retire early? Once you know what you want, you can start to create a plan to achieve it. Opens in a new window www.investor.gov Create a budget. A budget is a great way to track your income and expenses. It can help you see where your money is going and make adjustments to save more. There are many different budgeting methods, so find one that works for you and stick to it. Opens in a new window mint.intuit.com Live bel
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The 7 Millionaire Mind Hacks Most of you didn't Know

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S o you want to become a millionaire entrepreneur. You’re not alone. Many dream of leaving their job and becoming their own boss, enjoying the various millionaire lifestyles we watch on TV. But there’s a difference between those who dream of becoming millionaires and those who do. And it begins and ends with mindset. If you don’t develop that mindset, you will continue to spin your wheels, working just as hard, but never going anywhere.  D o you think that you have what it takes to be a self-made millionaire? Developing a millionaire mindset requires you to stretch your thinking. Start by Understanding Practicing and developing the following seven attributes. 1) Have vision.     If you aspire to be a millionaire at some point in your life, or you aspire to have a seven-figure business, you’ve got to get really clear on why you  want it. Throughout my 20s, making money was my “why.” A number of business successes and failures taught me that it’s not about the money, but abo
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