Welcome to Part 4 of “How to Get Rich (and Stay Rich).” Today, you’ll discover the six essential rules for maintaining wealth for life. With a solid financial machine in place, and multiple sources of income covering your personal expenses, it’s crucial to take steps to protect your wealth.
Rule 1: Never forget that not everyone wants you to succeed financially. To avoid losing control, it’s important to never fully delegate responsibility. Instead, trust but verify. Choose your advisors carefully and only work with those who have proven wealth-building skills themselves.
Rule 2: Always have a safety net in place. This includes insurance and savings. Create systems that are “anti-fragile,” meaning they become stronger when faced with adversity. For example, avoid becoming overly dependent on one single source of income, such as relying solely on buying leads.
Stay tuned for rules 3-6 and the conclusion.
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