Wealth Tip 6: Level Two Wealth Building—Aggressively Growing Your Net Worth

Hi everyone,

Since I'll be tied up over the weekend I decided to go ahead and put up the wealth tips through next Monday.

Remember, the book comes out on Nov 4th (possibly earlier.)

Enjoy the tips.

David

Wealth Tip 6: Level Two Wealth Building—Aggressively Growing Your Net Worth

Now that you have a foundation of financial skills and knowledge under your belt, it’s time to begin building your wealth in earnest. In a moment I’ll share with you the three main wealth building tracks, but first I want to be very clear on one thing—you will NEVER feel totally ready to step from Level One to Level Two. There will always be a good deal of fear as you make this jump. Do it anyway. I believe that one of the single greatest skills that wealthy people have developed is the ability to act in the presence of there fears. Notice that I called this a skill, which means you can learn it.

While different people have different tolerances for risk and fear, all of us can expand our comfort zone through the conscious cultivation of courage—the quality that keeps us moving in the presence of our fear. Every experience you have in any area where you feel fear and still find a way to take intelligent action in the presence of your fear grows your courage muscle.

There are the three main wealth building tracks that lead to financial freedom, each of which is the subject of three future Wealth Tips. In tomorrow’s Wealth Tip I’ll share with you important information about Level Three wealth building.

For more on Level Two wealth building see, The Maui Millionaires pp.186-189.