This is my absolute favorite step of the whole process. It’s because this is where acceleration takes place and people achieve true freedom. The objective of the sixth level of your foundation is to reach your Tipping Point. I define your Tipping Point Read the rest of this entry »

The goal of this level is to pay off your mortgage. This is where most of my clients start looking at me weird. I understand why they look so confused, and they have every right to question this statement, because it goes against everything I’ve been telling them about how to handle their mortgage. Paying off your mortgage is just a metaphor though. Read the rest of this entry »

By developing your ‘Savings Muscle’ in step two, you will really start getting ahead financially with this next step. It is the point where capital accumulation starts and becomes your foundation for long term wealth creation. This step is where you build your storehouse. A storehouse is Read the rest of this entry »

With the big spending getting kicked off this Friday (Black Friday) and the fact that we are headlong into a recession, there is a lot of advice flying around about how to cut back expenses this holiday season.  It seems that everywhere I turn people are talking about how tight everything is and how there just doesn’t seem to be enough to live comfortably like we all were over the past 5 or so years.  Now let me preface what I am going to say next with the disclaimer Read the rest of this entry »

This is actually the step that everyone thinks is the most important, but like I said in Step 2, building a ‘Savings Muscle’ is the most important step in building Your Wealth Foundation. This second step is to eliminate Bad Debt.

What do I mean by Bad Debt? I define it as Read the rest of this entry »