I promised this blog wouldn’t be full of a bunch of advice as there are multiple ways to skin the wealth-building cat. However, it seems any PF blogger worth their financial salt has their go-to wealth-building tip that they feel most helped them get to where they are.
For some, it is to never own a car and live in an area where you can bike to work. For others, it may be that dividend, index fund, or peer-to-peer investing trumps all else. Further yet, buying rentals and becoming a landlord is another silver bullet that some may preach.
All of these are doable and great options. However, the only way to get to a point where you can do these things is to have the money to do so first.
So here it is, Buck’s first and foremost wealth-building tip (drum-roll please)… Continue reading “The Eighth Wonder of the World”