One of the biggest expenses you’ll have to make over the years as a homeowner is to keep your property repaired and well maintained. When something breaks or a wall needs a new coat of paint, the question arises: Do it yourself or get a professional to do it for you?
Heads up, time to get real about real wealth habits. Habits that can end up putting you in the category of those that got it versus those that don’t. Wealth that is. And it doesn’t even matter where you are at this point in your wealth building journey. The reality is that those with wealth really do think differently from most folks. But there is a thing to sit up straight and pay attention to. You see, this difference in thinking is not such a big shift as you might have guessed. Pay attention to the next few wealth mindset points below. Then you can start your own shift towards a wealth building mindset.
Hosting parties can be a lot of fun and is often required in our society. There are wedding parties, birthdays, holiday celebration and many more occasions when you will be required to pay for the entertainment of your friends and family. Everyone who has ever hosted a party will know that it actually costs quite a chunk of money, especially in large families and if you have a big social circle.
Yes, it’s true. And best you get on board with what and how those with the money are thinking. Well if you even want to have the barest glimmer of a dream to become one of them. In other words, build your wealth by doing what those with the money do. Hey you know how it goes right? “They” are always saying you are the sum total of the 5 people closest to you. And in fact, there is a large measure of truth in that statement. This is especially true if your five closest friends are more or less at the same level of wealth or lack of wealth.
Going to college is one of the most expensive spending the average US citizen will ever had to do. On top of tuition costs, most students will have to move to another city and survive unemployed for a few years. Add to that the cost of having fun during those exciting and important college years and you will find yourself deep in debt in no time.
When I think of millionaires, I think of people who can write a check for $1 million that doesn't bounce. I think of someone who can, on a whim, walk into the Bentley dealership and write a $300,000 check for the Mulsanne sitting center stage on the showroom floor.