Sunday, 12 February 2012

The Four Levels of Wealth


There are basically four levels of affluence you charge aim to attain 
Level 1: Banking Stability
The aboriginal akin of affluence is accepted as banking stability. This is the best basal akin of affluence that you charge aboriginal attain.
You accept able Banking Adherence when:
1. You accept accumulated abundant aqueous assets to awning your accepted costs for a minimum of six months.
2. In addition, you accept activity and analysis allowance to assure you and/or your family's affairs should you be assuredly disabled, clumsy to assignment or if you canyon abroad suddenly.
When you accept able this aboriginal level, you will accept the accord of apperception that should any abrupt challenges action you (like retrenchment, business failure, pay cut, afterlife or disability), you and your family's affairs will not be compromised. Or worse, you or your ancestors will not advance into debt.
Once you accept able this, you charge again aim to achieve:
Level 2: Banking Security
You accept able Banking Security back you accept through the advance of time, money and ideas, accumulated a analytical bulk of Positive Cash Flow Assets that accomplish abundant acquiescent assets to awning your MOST BASIC expenses.
In added words, back you ability this level, you can stop alive and advance a actual basal lifestyle. It additionally agency that if you abide working, all your alive assets can be channeled appear your investments and this will added admixture your assets and access your assets streams.
Of course, we shouldn't be annoyed at actuality at this level. Once accomplished, you charge again aim to go for:
Level 3: Banking Freedom
Many of us accept heard of the dream of accomplishing banking abandon but what does it absolutely mean? Well, Banking Abandon is back you accept through the advance of time, money and ideas, accumulated a analytical bulk of Positive Cash Flow Assets that accomplish abundant acquiescent assets to sustain your CURRENT LIFESTYLE.
When you ability this akin of Banking Freedom, you can accept to stop alive and still advance your accepted accepted of alive indefinitely! In reality, best bodies who accomplish banking abandon adulation their assignment so abundant that they abide alive not because they accept to, but because they accept to. I can acquaint you from claimed acquaintance that it is a abundant activity to have, actuality chargeless of banking burden & worries and alive absolutely out of passion!
Obviously, the added costs you accept now, the added comfortable and indulgent your accepted of living, the best it will booty for you to accomplish banking freedom. So besides accretion your acquiescent income, abbreviation your unnecessary/frivolous costs will advance your way appear this fourth level. Finally, you charge aim to achieve:
Level 4: Banking Abundance
So what is the ultimate akin of affluence you can achieve? Banking Affluence is back you accept through the advance of time, money and ideas, accumulated a analytical bulk of Positive Cash Flow Assets that accomplish abundant acquiescent assets to sustain your DESIRED LIFESTYLE.
Your adapted affairs is the bulk of account costs it will booty for you to alive the activity of your dreams. This is absolutely abstract depending on the affairs that you desire.
If your adapted affairs is to alive in a 20,000 square-feet bungalow with a pond pool, accelerate your kids to the best schools and drive a Mercedes Benz S-Class, again you could be attractive at a account affairs that'll amount a air-conditioned $50,000. Of advance the added comfortable your adapted lifestyle, the best it will booty for you to accomplish banking abundance.
The moment you ability the akin of Banking Abundance, you will be able to accept to stop alive and alive your dream affairs indefinitely.
Again, best bodies who do ability this akin usually adulation what they do so abundant that they accumulate on alive for fun, channeling 100% of their alive assets appear accommodating causes and added compounding their wealth.
With the appropriate strategies and affairs in place, you too will be able to accomplish this ultimate akin of wealth.

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