How to Build Wealth from Scratch in 2023
2 min readMar 11, 2023
Read 1 book a month with the word Wealth in it (Recommendations Below)
- Creating Wealth: Retire in Ten Years Using Allen’s Seven Principles
- The Way to Wealth: Ben Franklin on Money and Success
- A Step-By-Step Guide to Building Wealth from $1
- Tax-Free Wealth
- Building Wealth
Physically go to Where Successful People go and just ask questions
- Cigar Bars
- Wealth Conferences/Summits/Meetups
- Foreign Country vacation spots (believe it or not) Colombia, DR, Thailand, Brazil
- 5 Star hotels (they all have a bar, dress for the part, sit at bar, tip Bartender, & Network)
Study Topics that Build Wealth
- Whole Life Insurance
- Variable Life Insurance
- Variable Annuities
- Real Estate Investing
- Mortgage Note Investing (Mortgage Note Ladder)
- Government Bonds
Study for and Take Series 65 Exam
- I highly recommend Kaplan as study guide
- Passing & Failing this exam will change your life
Practice Manifestation
- Put up pictures of Wealthy people you look up to
- Follow Social Media Pages that talk about Financial Literacy & Wealth (unfollow distractions)
- This means Youtube, Slack, Instagram, Twitter, Reddit
Focus on Investments that Pay immediately
- Dividend Paying Stocks
- Mortgage Notes
- Renting out your Couch or spare bedroom (I have done this)
- Renting out your car
- Buy Land and resell it for a higher price
Get a Wealth Certification
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