Bonus Material: Free calculator that will tell you returns what returns you need to retire in 10 years or less
It is important to develop a plan for your financial freedom that is based on a framework, principles and tactics that are repeatable. Financial empowerment will come once you develop a concrete framework that is repeatable. The wealth pyramid a framework that helps individuals map a plan to achieve financial empowerment. It requires you to prepare for internal risks, external risks and build hedges so that you can reload when you need to. It is important to know what to do next after the three levels of the pyramid and begin to expand in the future.
Key Takeaways:
- It is important to start with a concrete plan and formula that can enable you to repeatedly achieve financial success.
- The three factors that build the base of the pyramid are a persons’ mindset, skills and their network of connections.
- A hedge is a tool that allows you to reset and continue to move forward if your plans do not go as planned.
“If you’re waiting for someone to tell you what to do with your money, then you’re not really financially empowered.”
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