Smart question.
But before I dive into the answer, there’s one thing you should know first:
Building wealth is a marathon, not a sprint.
So you might not see progress at first…
But you’ll see a positive change over time.
That’s also my top recommendation to anyone who wants to crush debt once and for all.
You have to know that it’s a long-term thing.
And your very first step should be determining which strategy works best for you.
That’s why I created the website https://schmitt-trading.com/en/financials where you can find information on all kinds of financial topics.
My websites will show you an easy and proven way to getting out of debt.
And that brings me back to a second question:
How to Build Wealth?
Here are some things you have to do:
- Pay off your high-interest debt
- Build up an emergency savings fund
- Start investing in appreciating, long-term assets
- Build passive streams of income
- Manage your money like a finance pro
- Focus on the long-term goal of building generational wealth
- Get expert advice from finance pros