Building wealth takes time and having an effective plan in place can ensure that the monies you save now, will be there later and in a sizable amount.
6 Proven Wealth Building Strategies
Building wealth is as simple as saving a little bit here and a little bit there. You need not have great riches in order to accumulate wealth, but you need to have the drive, determination, and discipline to successfully increase your wealth. LetÂ’s look at 6 proven wealth building strategies you can put into use.
Vesting and Your 401(k)
Do you have a 401(k) retirement account? Are you vested yet? Before you move on to your next job, it is critical for you to find out if you are fully vested in your retirement account before you make the move. If you are not, you could lose hundreds if not thousands of dollars in employer contributions.
The Third Step You Have to Take to Get Rich In the Stock Market!
If you never open you trading account you will never invest in the stock market!
Forecasting the Future Value of Your 403(b)
Curious about how much money you’ll accumulate in your 403(b) retirement account? Just use Microsoft Excel and these calculation tips from author and CPA Stephen L. Nelson.