Like in football, to attain your goals, you need to have a high level of conviction to turn your sights on making a reasonably high income, building assets, and keeping your liabilities manageable.
You will better tackle any hurdles you face to build wealth by playing offense and defense strategies. There are always sacrifices and trade-offs to make to succeed in your goals.
1. Getting An Excellent Education
Depending on your starting point, you can strengthen your path to wealth by getting a good education in a desirable career with a high-income potential.
3. Negotiating Skills
Make sure you can substantiate what you are worth in your field and relative to your peers so you can go on the offense and negotiate for higher compensation, benefits, and perks.
4. Additional Streams of Income
As a side hustle, you may want to learn about starting a dropshipping business. It is a low-risk online opportunity that you can scale at your pace.
5. Investing In Assets
You should start to invest as early as possible to benefit from the power of compounding, adding interest on interest to your returns.