Small Financial Changes to Help Build Your Wealth Faster
by David Flores Wilson, CFP®, CFA, Senior Wealth Manager, Planning to Wealth
Mar 26, 2020
4 minutes
Developing and practicing good financial habits early in life, such as investing in a 401(k) or prioritizing your financial goals, will lead to building your wealth more efficiently and a large nest egg later in life. Strong and consistent financial planning is key in solidifying your wealth down the line.
Focused financial planning prepares you for life events you can't necessarily foresee. Preparation requires investing in the future; however, over 75% of American workers still live paycheck to paycheck, and many are saddled with unmanageable debts, creating a financial house of cards.
To build your wealth in the most efficient way possible, here are a few things to consider.
Pay Off Debts Now, Thank Yourself Later
Debt has
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