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Wealth Academy Podcast - Episode #21 Paul Lawrence Vann Shares Wealth Attraction and Wealth Building Strategies
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Paul Lawrence Vann shares wealth attraction and wealth building strategies to help listeners learn and discover what it takes to generate wealth. One of the best ways to get a handle on your finances is to conduct an assessment of your current net worth and you do this by writing down all of your assets and your debts, and subtract your debt from your assets.
The bottom line is to start where you are and then when you get paid, pay for all of your expenses and debts and put the rest into a savings account. Open an emergency fund that will sustain you for 6-9 months.
Live below your means and then start investing in real estate, stocks and bonds, 401k retirement plan, life insurance, healthcare, long-term care insurance, and more. Write a will and an estate plan. Also, tithe and contribute to charities in your community and beyond.
Key Points:
- Get out and stay out of debt
- Fully Funded Emergency Account
- Invest 15% of your income
- Pay off your home early
Host: Paul Lawrence Vann
Phone: (800) 341-6719
Email: info@paulvannspeaks.com
Podcast Website: www.wealthacademypodcast.com
Sponsorship Opportunities: Prompt on this link to discover how you can have your episode sponsored, get interviewed, and receive promotions and branding: https://bit.ly/2G4FMV5
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