David Finkel's Wealth Blog: Wealth Tip: The Three Keys to Financial Fluency

Thursday, January 11, 2007

Wealth Tip: The Three Keys to Financial Fluency

Hi Everyone,

The New Year has begun and it’s time to focus in this week on the one of the biggest keys to wealth—financial fluency.

This is a big topic on my mind because Diane and I are hard at work finishing up a book that has two major sections devoted to it, plus we are also teaching a workshop later in January on this topic. (“Financially Free: How to Become Financially Fluent and Build Level Three Wealth”)

I also have a special treat for you all. I'm giving you FOUR EBOOKS for you for free. See the link at the end of this email to download the pdf’s of these four free ebooks.

Now, let's get into this week’s wealth and investor tips…

The Three Keys to Financial Fluency

First of all, what is financial fluency? Well over the last several years you’ve been listening to me talk about the three levels of wealth building.

Level One wealth builders are just getting started. They are focused on getting enough of a financial education so that they can get started, and also on making the leap of faith to be wealthy.

Level Two wealth builders are focused on actively building their asset base. These are the investors who are buying houses to reap the long term (and often short term) profit. These are the entrepreneurs who are building their business in the growth phase. And these are the people who are investing in growth investments to get compounded growth on their side building their net worth.

And then there are Level Three wealth builders. These are the people who have moved from active investing to PASSIVE RESIDUAL INCOME. These investors have shifted a significant portion of their focus from investing for capital gains to investing for cash flow.

Level One investors tend to be financially naïve.

Level Two investors are financially literate. But literacy isn’t enough in today’s world. To become financially free and enjoy Level Three wealth (passive residual income streams) you need to go past where most ordinary people stop.

Level Three investors are financially fluent. They move in the world of money, investments, and business with grace and ease. They have the confidence that comes from KNOWING the fundamentals of money.

And there are three keys to being financially fluent. I will share those three keys with you on my next blog post.

In the meantime enjoy my New Year’s gift to you.


**********************************
FOUR FREE EBOOKS!
Like I promised, just click here to download your four free ebooks. They include:

eBook One: 21 Advanced Deal Structuring Strategies
eBook Two: 14 Advanced Negotiating Strategies
eBook Three: The Ten Deadly Deal Analysis Mistakes
eBook Four: How to Mastermind Your Way to Millions

Mini-Maui Workshop and Financially Free Workshop
If you want to learn more about wealth and money, join us for the Mini-Maui workshop and Financially Free workshop. These workshops are back-to-back on January 20-21-22-23rd in Las Vegas.

The Mini-Maui workshop (with ALL proceeds going to charity) will help you master the five core wealth strategies of Maui Millionaires™. The Financially Free workshop will teach you the essential skills to become financially fluent.

To find out how you can save $1,000 by registering for both, just click here!

I hope to see you there!

My very best to you,

David

P.S. I’m working to arrange another gift for you next week—a special ebook surprise from my partner and tax strategist Diane Kennedy. It may take me a few weeks to get it done, but I’ll keep you up to date on my progress!

P.P.S. Just a quick reminder that on January 20-21-22-23rd Diane and I are holding two back to back 2 day wealth workshops. The first is the “Mini-Maui” wealth weekend, and the second is the “Financial Fluency” workshop. For complete details just click here!

0 Comments:

Post a Comment

<< Home