Concepts

How to Build Wealth:

Spend Less Than You Earn.
Invest The Difference.

No matter what anyone says, spending less than you earn and investing the difference is the only way to build wealth. You spend less than you earn so that you have excess cash to invest with. With that extra cash, you either pay down debt, save, or invest in assets. Regardless of what you choose, you’re building wealth. If you pay down debt, you build wealth. If you save money, you build wealth. If you buy assets like stocks or real estate, you build wealth — well, so long as you do so with intelligence and discipline.

From economic expansion to economic recession, wealth building is always the same. If you spend less than you earn and invest the difference – and it does not matter where you are right now – you WILL build wealth.

Gainful Employment:

What Makes You Valuable:
Experience + Education + Personality + Character = Value

How to Get What You Want:
Value + Selfishness = Gainful Employment

The basic premise of Gainful Employment is that you work to enrich yourself. You sell a service that an employer wants to buy and you charge as much for the service as the market will bear. The two formulas above explain gainful employment. In the first part, you see what it is that makes an employer want you. An employer wants you when you are valuable. Value is broken down into Experience, Education, Personality, and Character, because those qualities are what determine whether or not an employee has anything to offer an employer. The second part of the formula explains that valuable employees must be selfish, and press their own interests. The valuable employee will work for less than they deserve when they refuse to be selfish. The selfish person who lacks value will have nothing to offer the employer. The key is finding the right mix. Gainful Employment explains that.