Saturday, July 14, 2007

Wealth Building Tips

Wealth Building- Formula to Wealth
By Luke Blaise




There are lots of formulas to wealth. Just by looking in the newspaper or magazines we see that there are lots of ways that people have gotten rich. If you recognize what these people did and how they did it you can find your own formula to wealth.



For the average American their formula for wealth is to save money and budget, which is one of the worst ways to get wealthy. For most people, they will never get truly wealthy in their lifetimes.



In order to get wealthy, look at the newspapers and magazines. Are the wealthy people featured in these articles rich because they saved and budgeted their way there? Probably not, they got their wealth by creating, and that is what you need to do is create.



By creating extra income through a business or other cash generating machine you are able to quickly increase your net worth. This is the way to get wealthy.



So is there a perfect wealth formula out there? The wealthy are not hiding any secret to becoming wealthy; there is no perfect wealth formula. If there is any secret to becoming wealthy is that it is to take action, and lots of it.



Look around you, you probably know people who are wealthier than you, but who you consider not as intelligent as you are. So how did these people become wealthy? Through action.



Start today, by picking out a business that you can do part-time on the side that will allow you to start generating extra cash.




Let's get rich together: Fierce Personal Finance



Its not crowded at the top, climb over the masses.



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Article Source: http://EzineArticles.com/?expert=Luke_Blaise
http://EzineArticles.com/?Wealth-Building--Formula-to-Wealth&id=632267

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