Wealth Management
How to avoid poverty and get wealthy through understanding financial balance and smart resource management.
Understanding Wealth Balance
Just like health, Wealth is all about the balance between the use of our resources, primarily income and expense.
A Simple Observation:
"You can be wealthy if you are NOT poor"
In order to be wealthy therefore you cannot be poor.
The Problem Most People Face
Many of us are trying so hard to be rich that we forget to make sure we are not poor.
The 20% Rule: Are You Poor?
Definition of Being Poor
We are poor if the difference between our income and expenses is less than 20%.
Common Misconception
Most people think that if your income is equal to or greater than expenses they are good?
This is NOT enough! You need at least 20% difference to avoid being poor.
Poor (Less than 20%)
❌ This is being poor!
Not Poor (20% or more)
✓ This is NOT being poor!
The Path to Wealth
Focus first on ensuring you're NOT poor by maintaining at least a 20% difference between income and expenses.
Once you've achieved this, you can build wealth by increasing this percentage over time.
Tips, Guides, Lessons and Resources
For helping us gain and manage wealth
Look out for more tips, guides, and resources...
Our community is constantly sharing financial strategies and wealth-building tips. Join the discussion to learn from your neighbors!
How Our Community Builds Wealth Together
Share Financial Strategies
Learn how neighbors manage to save 20% or more of their income
Budget Together
Get advice on creating realistic budgets that work for your family
Revenue Sharing
Participate in the community revenue sharing program
Avoid Common Mistakes
Learn from others' experiences to avoid financial pitfalls
Start Building Wealth Today
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