Jason Heley
@JasonHeley
Online entrepreneur and affiliate net-worker for Hercules Formula http://hercules-formula-affiliates.gr8.com/
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Wealth management should also be about wealth creation and preservation.
Diversify your assets and then rebalance your portfolio at least once a year.
The average person is spending 105% of their earnings i.e. they are in debt.
In every action you take make sure it advances towards your goal.
Whatever you think about, you bring about i.e. Law of Attraction.
The amount you save every month is not as important as how consistently you do so.
Try to save minimum 20% every month.There is an instant feeling of self-confidence to have cash in your pocket
Long term strategy can include interest-bearing savings accounts, investments in property and investing in the stock market.
As an investor, you should be focused on making a long-term strategy that could reap rewards for you in the future.
Wealth Building Rule 3: If You Don't Like Where your Parents Were at Your Age - Do Things Differently
If you borrow to buy consumer items such as cars or furniture or clothing you build no wealth.
Part of wealth management is knowing how to use credit wisely so that you can use it to your advantage.
You want to grow your money for the long haul, so you can't switch your strategy every time you read the headlines.
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