The Rules Of Wealth

The RULES of a Wealth Plan That Works

The question people ask me most often is, “How do I do a plan for getting out of the rat race or expanding my wealth?” My answer is, “Make one up.” Then, I feel the confusion creeping into their mind.

“What do you mean make one up? How? I don’t understand! I don’t know where to start. I’m overwhelmed. I need help.” Or, “I’m doing well for myself already. I don’t need a wealth plan. I’m following a plan already.”

So, below is the way I design a plan that will get me from point A (their current cash flow patterns) to Point B (the tangible and intangible financial desires I hold at arm’s length). Even if you bring in a 6-digit income, a plan is CRITICAL. I’ve outlined rules, explanations, obstacles, and inquiries.

Even if you bring in a 6-digit income, a wealth plan is CRITICAL. I’ve outlined some simple rules to get you.

THE RULES

  1. Start with a visioning process.
  2. It must include a separate plan for security, comfort, and wealth (as explained in Robert Kiyosaki’s, “Rich Dad’s Guide To Investing.”
  3. Each plan must support and align with the plan for wealth.
  4. Each plan must align with your personal values, regardless of the way other wealthy folks have created assets.
  5. The process of designing the plan and carrying it out must be fulfilling and light (I did not say casual).
  6. Get feedback on your plan by someone other than your spouse or business partner. Somebody who is qualified.
  7. Stick to the plan.