CREATE WEALTH BY PAYING YOURSELF FIRST

BUILDING WEALTH BY PAYING YOURSELF FIRST I am an engineer/geek and I never liked traditional budgets. Instead I save money and grow my wealth by ALWAYS PAYING MYSELF FIRST!  I am my most important debit.  BUDGETS – YAWN BUDGETS Raise your hand if you love budgeting at home or work.  That’s what I thought! Budgets sound great in theory but how many people do you know who have stuck with their budget.In a world where majority of us ...

Read More

Why even ambitious people rarely become successful

https://www.theladders.com/career-advice/why-even-ambitious-people-rarely-become-successful When you’re committed to something, you will be and do what is required for the attainment of that thing. You’ll stop wondering and start building. You’ll stop being distracted and start learning. You’ll start connecting. You’ll start failing. You’ll get what you want, rather than have a long list of “ambitions.” You’ll have actual accomplishments that reflect your inner goals and values. Your external environment will reflect your deepest internal views and ...

Read More

LET’S MAKE 2019 YOUR YEAR!

HAPPY NEW YEAR! I hope everyone enjoyed the holidays and were able to spend time with friends and family. How do we make 2019 a successful financial and investment year? You control the most important variable that determines 2019 and tomorrow’s success- YOU! What are you doing to achieve success in 2019? Did you write those boring New Year Eve promises that 63% of us, including myself, get an F grade on ...

Read More

GUESS WHAT THE WEALTHY ARE OBSESSED WITH? —— READING!

Click on below to see a 60 second introduction to today's blog. Use your back key to return to the blog when finished. https://biteable.com/watch/embed/obsession-reading-1902904 Obsession Reading on Biteable. Majority of successful people believe books and reading are the gateway to knowledge. With the millions of books published and relatively so little time, you must select carefully and not waste your time! The more you read the more you question things, and hopefully the more ...

Read More

MOM, DAD, CAN YOU SPARE $250,000…..PLEASE!

When my daughter was born 25 years ago, I needed over $100,000+ to pay for her education. That was a lot of money than and now. Fortunately, I read about an education savings tool, the Custodian - UTMA/UGMA, which I used to invest for her education and minimize taxes. I invested 50% of my savings into Apple shares. Those investments, coupled with the good careers my ...

Read More

2017 Berkshire Hathway-Warren Buffett Annual Letter

http://www.berkshirehathaway.com/letters/2016ltr.pdf TO JOIN Wealth Building Powers BLOG, GO TO BOTTOM OF THE BLOG PAGE AND TYPE YOUR EMAIL ADDRESS.   To follow my daily posts on Instagram click: instagram.com/wealth_building_powers Thank you to my followers and readers, for your likes and comments.  All comments, recommendations and feedback are welcomed and utilized to improve this blog. DISCLAIMER I am a proud nerd (as my beautiful wife and daughter have told me) investment and finance blogger, with a NC State, Chemical ...

Read More