There are many ways to build wealth such as from the stock market, a pension fund, retirement annuities, a business, a lucrative job, the lottery, etc. If wealth creation was so easy, why is it that only less than 1% of people around the world are wealthy?
Financial wealth means different things to different people. It’s simply a matter of personal perception. It may mean having the material things to fully enjoy life or having a stress-free lifestyle. What does it mean for you? Having a big house, a second home in the Swiss Alps, a fast car, flashy clothes or what about one million dollars in your bank account? If you mentioned any of these material things then you haven’t fully grasped the concept just yet.
WEALTH IS NOT ABOUT MONEY, it’s about time and realistically the only way to free up time is to increase your income and reduce the amount of hours you work. Would you rather work eight to ten hours for a boss each day or spend more time at home with your family? How about dedicating more time to your hobbies, travelling or starting a business? Sounds great, but some of you may view this as wishful thinking considering that there are debts to pay and mouths to feed.
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