Each Wealth System Is Different
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:
Let’s assume you understand the …
Keep reading with a 7-day free trial
Subscribe to Wealth Systems to keep reading this post and get 7 days of free access to the full post archives.