The Iron Law of Wealth Building (or How to Translate Personal Financial Statements into Results) RPF0029
Radical Personal Finance · Joshua J. Sheats, MSFS, CFP, CLU, ChFC, CASL, RHU, REBC, CAP
July 28, 20141h 1m
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Show Notes
There is an iron formula of wealth that can be applied to all financial plans. The relationships between balance sheets cannot be broken in any way. To become wealthy, you much increase the net worth on the bottom of the balance sheet. The only two ways to increase net worth are to increase assets or reduce […]