Creating wealth… how does a low or middle income family do this! What does creating wealth mean to you? I am going to focus on creating wealth from nothing! I am going to guess that I will have at least 1K in my account made from nothing after one calender year. I am hoping for 2K. I hope you join me and I hope all my readers have at least 1K. The key is to START! Once you have a “start” then you can grow that wealth. Let’s see how much we can create from NOTHING in one year!
STEP ONE: Getting something from nothing
You need to get “bonuses” for nothing or save money on things you would have paid full price for. For this reason, coupons do not count for me – I will post my deals so you can see them, but I wouldn’t have paid full price on those items. You will need to determine what you would have paid full price for and what you would not have. Whenever you make a bonus take the money you earned or saved and keep it separate. There are a lot of ways to make free money! Usually they are small amounts that can add up. I will always let you know where I am getting my free money and where you can get some for yourself.
STEP TWO: Make more money on the free money
This can be done with investing (stocks, CD’s, bonds, regular accounts). As the free money account grows I will post different ways to invest your money.
Investing isn’t as scary when the money you are using is free! It becomes a great learning account in case you ever want to invest “real” money 🙂