1. Money
Miriam Caldwell

Weekend Challenge 44: Building Wealth

By November 8, 2012

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The challenge this weekend is designed to help you understand the basic steps you will need to take to begin really building wealth. building true wealth will take time. It is more than just earning a large salary or owning nice items. It is about accumulating assets and carefully handling your money so you can pass something on to the next generation.

Not everyone will focus on building wealth. You may choose to save enough to retire comfortably, and to be financially independent when you retire, without worrying overly much about passing on money to your children when you die. This is fine. However, if you do want to build wealth, you need to understand to do so you need to make a series of choices now. They will help you with the way you handle and save your money throughout your life. The basic principles involve getting out of debt and a steady program and saving and investing. it does mean sacrifice in the present so that you can benefit in the future.

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