Ten Ways to Wealth Management
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Ten Ways To Wealth Management
Set achievable goals monthly and annually.
Goals can be related to saving money or making money.
Goals must be within your capacity and ability
Increase your goals every year
Know what and where you are spending your money
Understand what you are spending monthly and on what exactly
Find sources of income to offset your spending
A roommate, overtime, sell something, trade-off,
Save
Cut coupons and keep them in an envelope in your vehicle
Turn off the lights when not in use, take less warm showers,
Take care of multiple tasks when driving on the way to a final destination
Earn money saved
Do a little bit of research for better gains
ING Direct, HSBC Direct, Federal Credit Unions,
Invest
Buy a home and stop paying rent!
Take only risks that you feel good about and have done the research on
Taxes
Keep track of expenses that you may be able to write-off during tax season
Use an excellent accountant
Purchases
Buy quality goods that are durable, reasonably priced and have a long life span
100,000 mile warranties are good
Buy a 1 or 2 year old car with low miles. Refer to KBB.com
Hold on to that car for as many years as possible before switching (8+ yrs)
Health
Exercise and eat well. The less you see the doctor the more you save.
The better health you have,

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Ing Direct And Little Bit Of Research. (July 5, 2021). Retrieved from https://www.freeessays.education/ing-direct-and-little-bit-of-research-essay/