Summary
There are many things you can do to reach higher levels of financial success, and also to create greater wealth. However, the one strategy that my husband and I have decided to implement is the strategy called "Supercharge Your Wealth." This strategy has become, hands down, one of the best tools we have ever used to build our wealth, and provide us with a sound financial future."
Supercharging your wealth involves doing the following thiings:
1. If you are married or in a committed relationship, you would live off of the income of one of the partners, and would proceed to save the income of the other partner.
2. If you are single, and are not in a committed relationship, then I recommend that you save anywhere between 30-40-50% of what you earn, and use the remainder of your funds for all your monthly expenses.
3. If you receive a pay raise or bonus from work, I strongly advise that you resist the temptation to increase your lifestyle through lifestyle inflation, but instead proceed to save the raise or bonus and use the funds towards your long-term goals, such as retirement, preparing for a new baby, saving for a new car, or saving for a dream vacation, to name a few things.
This is definitely one of the most challenging financial tasks that you will be undertaking. However, the reward of having built your wealth in this very effective yet unconventional way will make it worth your while. Take my word, once you begin implementing this strategy, you will see immediate results to your balance sheet, and will be happy that you have put money away for your future. This plan will allow you to sleep peacefully at night, knowing that you have a healthy financial cushion and net worth.
I hope you find this exercise financially rewarding, and look forward to hearing back from those of you who have decided to "Supercharge Your Wealth."
Talk to you soon!
Adeola Omole
Supercharge. Your. Life.
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