How to become part of the top 1%
How you ever wondered about the top 1%? Who are they? What do they do?
I have, I remember searching the top 1% because there was negative news on them back in 2008. What I found was pretty surprising, eye opening and thought to myself:
"could I ever get there?"
Fast forward to now (13 years later) the answer has appeared over time. You must take baby steps.
Baby steps are the way to move towards anything worth pursuing.
Meaning you must start by becoming part of the top 20%, then top 10%, then top 5%, etc. Eventually you will make progress over time.
4 out of 5 people live pay check to pay check. By paying off all your debts except your mortgage, you automatically become part of the top 20%!
The fastest way to build wealth is to get out of debt and stay out of debt!
Once you stop giving your money to the banks in the form of interest then you get to keep that money!
Here are your key takeaways:
- Start with becoming part of the top 20%
- Then become part of the top 10%
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Author
Mike Staunton
Financial Coach
Coaching people on how to handle their money better has lead to being more than just a coach. I have been counselling people how to set boundaries, how they treat money and empower them with the tools to have confidence and certainty moving forward!