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Now that we are saving money, what do we do with the savings? THIRD, you must put your money to work for you. You want to have your money create income for you whether you are working or at leisure.
RECOMMENDED ACTIONS: What can you do to increase your savings without depleting it? This will require some research and thought on your part. You have to educate yourself on what might be a good "investment". You have to read, research, talk with professional advisors and just as important if not more so, Talk To "Financially" Successful People. If you do not know any (increase your circle of associates), then read about them. I suggest you read and maintain in your library Think and Grow Rich by Napoleon Hill. You want the revised and updated for the 21st century version. You will educate yourself on growing your money. Depending upon your interest here are some areas to research for your "investment" purposes: stocks, bonds, mutual funds, money markets, real estate, rental properties, start an on-line business, start lending, start writing, and start speaking. Put your money into a venture that you have researched, start small and let it grow.
Here is one that I will do and keep you informed of the progress. I will start an on-line subscription business. I will provide information, knowledge and expertise, including access to me, on (1) taking care of your aging parents, the step by step process and (2) creating your legacy, the step by step process. There will be a minimum subscription fee for on-going access and information including free books, webinars, interactive dialogue with others similarly situated. You heard it first here.
Leave you comments here or contact us at http://www.ythlaw.com/
RECOMMENDED ACTIONS: What can you do to increase your savings without depleting it? This will require some research and thought on your part. You have to educate yourself on what might be a good "investment". You have to read, research, talk with professional advisors and just as important if not more so, Talk To "Financially" Successful People. If you do not know any (increase your circle of associates), then read about them. I suggest you read and maintain in your library Think and Grow Rich by Napoleon Hill. You want the revised and updated for the 21st century version. You will educate yourself on growing your money. Depending upon your interest here are some areas to research for your "investment" purposes: stocks, bonds, mutual funds, money markets, real estate, rental properties, start an on-line business, start lending, start writing, and start speaking. Put your money into a venture that you have researched, start small and let it grow.
Here is one that I will do and keep you informed of the progress. I will start an on-line subscription business. I will provide information, knowledge and expertise, including access to me, on (1) taking care of your aging parents, the step by step process and (2) creating your legacy, the step by step process. There will be a minimum subscription fee for on-going access and information including free books, webinars, interactive dialogue with others similarly situated. You heard it first here.
Leave you comments here or contact us at http://www.ythlaw.com/
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