6 Real Ways to Build Long-Term Wealth

6 Real Ways to Build Long-Term Wealth

Becoming wealthy is not something that happens overnight. Sure, some people win the lottery or have a windfall of money from an unexpected inheritance, but you should not be holding your breath for something like that to happen to you.

Instead, to build real wealth, you need to think long-term. Rather than living lavishly, it’s important to adopt a lifestyle of disciplined saving and investing. These simple actions can help almost anybody grow a massive nest egg over time.

Here are six of my favorite ways to gradually grow real wealth.

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The Purple Book That Opened My Eyes

The Purple Book That Opened My Eyes

I first read Robert Kiyosaki’s Rich Dad, Poor Dad about a decade ago.  I got fired up about the ideas that Kiyosaki presented, but my personal financial habits were a mess and the idea of getting into real estate investing seemed so far away.

I read the book a second time a couple years later after I cleaned up my finances. 

Then I bought the book on audio CD so I could listen to it while I drove.

All told I think I’ve read the book four times now and listened to the CD at least as many.  It’s one of my favorites and a classic for any real estate investor.

If you’ve never read the book, I’m going to quickly share with you my five big take-aways from Rich Dad, Poor Dad.

However, I suggest you take the time to read the book.  Some of Kiyosaki’s thoughts might challenge your way of thinking.  If that happens, then the book will be well worth the cost (or the time it takes to check it out from the library).

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