Week 40… Day 269 of the 365 Days CHALLENGE to Build Wealth! … 96 more days to go! As your networth change and you continue to build wealth, chances are that your so-called-friends will also change. Don’t feel bad for them. Don’t compromise your feeling-good and successful state for friends that are not doing the work you are willing to […]
Day 175 of the 365 Days CHALLENGE to Build Wealth! Today, we happily conclude the week long training about how to protect your assets and your wealth legally. We work hard and every day to build a big networth. We invest most of our active years looking to retire comfortably. Yet, most people do not achieve it ever… simply because even […]
Day 170 of the 365 Days CHALLENGE to Build Wealth! When to use a C-corporation and the reasons behind it… Not only from the legal standpoint you need to know this information, but also from the tax savings point of view. If you choose the wrong entity, you will probably be paying the consequences and high price of taxes and less […]
Day 169 of the 365 Days CHALLENGE to Build Wealth! We live in a world where anyone can sue you for anything and have a field trip with you if you are not properly protected… so this week, we are going to learn about asset protection and protecting yourself from credit predators and their attorneys. Since I am not a lawyer, […]
Day 108 of the 365 Days CHALLENGE to Build Wealth! Building your networth requires that you study, learn and apply the strategies and tools that rich people use. Buying assets in your personal name is a big, huge mistake on your behalf. Instead, use companies like an LLC or a Corporation. Maybe a Trust. Buying assets in your personal names […]
Day 107 of the 365 Days CHALLENGE to Build Wealth! Did you know that you can insure your income in the case you get sick and can’t go to work or go to your business? Most people insure their homes, their cars, their expensive personal properties, even they insure their lives… but very few insure their income. While you are […]
Day 106 of the 365 Days CHALLENGE to Build Wealth! Do you own your name? Do you own your name in a (dot) com? (YourName.com) Most people do not. Big mistake if you are building a business and your networth. Do you own your business name in a .com? As you continue to build your networth, you must think about […]