Wealth Systems

Wealth Systems

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Wealth Systems
Wealth Systems
Each Wealth System Is Different

Each Wealth System Is Different

Matt McDonagh's avatar
Matt McDonagh
Mar 15, 2025
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Wealth Systems
Wealth Systems
Each Wealth System Is Different
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The basic idea of Wealth Systems is simple:

  • build multiple wealth engines

  • these are vehicles for income, capital appreciation… often both

  • how we integrate these together forms a wealth system

  • that wealth system powers our life and leaves the legacy we want

The reality is: we each have different goals and constraints so our wealth systems will necessarily be different.

Some folks do not have the attentional bandwidth to manage a portfolio of stocks, run an e-commerce company, make venture capital investments and own a growing hybrid SaaS / digital operations agency.

Keeping things simple at first is a smart start.

Scale complexity as resources allow until you see diminishing returns and then consider a period of refinement and optimization. You can move in waves like this and continuously improve your wealth system.

The basics of a wealth system, including the key components like budgeting, asset/liability managing, mechanical savings and more are covered here:

How to Build Your Own Wealth System

Matt McDonagh
·
October 26, 2024
How to Build Your Own Wealth System

The parts of a wealth system are simple.

Read full story

Let’s assume you understand the …

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