Wealth Academy Podcast - Episode #33 - If You Want To Become Rich, Start When You're Young Part 2 of 3

The three-part series on taking decisive steps to get rich in
your 20s, to become rich in your 30s is going to get your
attention. What this provides to listeners is a fundamental
principle when it comes to  becoming rich and it's this, the
sooner you start the quicker you will begin achieving your
desired money goals.


Financial Coach Paul Lawrence Vann touched on the following five
(5) steps during this episode: 
Own your own business because it pays to be operating in your
passion field and yes it takes hard work, but the rewards outweigh
the risk.Plan for the long run. In the early stages of building up
your savings, and emergency accounts you will begin to see
progress. While employed for someone else, simply request to be
added to a retirement plan, 401K, and or Roth IRA and it will
result in tax-free investment, this can result in a quick
accumulation on your investment.It goes without saying that if
you're to become rich, you will have to take some risk in life. The
following quote comes to mind, "The greater the risk, the greater
the reward." Take a chance on yourself and over time it will reward
you.Put your financial plan on autopilot because it will result in
one less thing you will have to think about. Automate your
finances, register for a direct deposit bank account, savings,
emergency funds, bill payments, to include your utilities, and
more. Online banking works when you register for autopilot.Lastly,
an accelerator that will help you become rich is to find a
wonderful mentor. A mentor has been where you're trying to get,
thus their knowledge can save you time and money. Search wisely
because you don't want to be working with a mentor that holds you
back.

Host: Paul Lawrence Vann


Email: info@paulvannspeaks.com


Phone: (800) 341-6719


Podcast: www.wealthacademypodcast.com


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