What is wealth-building?

Your coaches introduce the concept of building wealth.


Instructional Text

“Having money” and “building wealth” are really two different things. Having an income is great … it pays the bills … but that’s money that goes into your pocket and right back out. Wealth is things like savings, property, and investments. It’s resources you can use to create and take advantage of opportunities in life. Image Description
I agree. And that’s why wealth-building usually doesn’t happen overnight, or in a year, or even three years. It’s a series of steps that you take over time. The steps are simple to explain, but a lot harder to do. You have to discipline yourself to make wealth-building a lifelong pattern. If you do, you’ll keep getting better at it as time goes on. Image Description
On the next few screens, we’ll show you the steps for building wealth. Image Description

Wealth = A set of resources (savings, assets, investments) Allows you to create and take advantage of life’s opportunities Wealth-building = Series of steps over time Simple actions that require self-discipline
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What is wealth-building? The wealth building pyramid Three pillars of wealth building Buying a home: Benefits & realities Buying a home: Are you ready? Retirement planning: Start early! The 4% Rule Protect yourself with insurance The big picture: Your financial plan