It's a long way to the top.
There will be will be rivers to cross. Rocks to climb.
It might be dangerous.
You need to be prepared for the journey to financial security.
Before you set off, I'd like give you some wealth building knowledge.
You wouldn't climb Mount Everest if you'd never learned anything about mountain climbing.
So let's talk about how to build wealth the safe way.
In our first lesson, you'll learn about the Hierarchy of Wealth.
This is way to organize your risk vs. control as you build wealth.
The Hierarchy of Wealth is similar to Maslow's Hierarchy of Needs.
As a quick refresher, Maslow says that you must satisfy basic needs before needs higher up the hierarchy. Air, food, and shelter must be met before there is a need for self-esteem, status, or self-actualization.
For the Hierarchy of Wealth, we swap money for needs.
If you go to the top of the hierarchy, the risk is high.
The whole structure could crumble.
This is Wall Street, crypto, and other high risk investments.
This is like trying to satisfy the need of self actualization before the need to eat.
By starting at the bottom of the hierarchy, you can build a wealth building structure that is secure and solid.
Low-risk investment options build a sturdy base that will support you throughout your lifetime.
This allows you to take on more risk.
Because if one investment doesn't go well, your wealth building structure is still sound.
When the stock market drops, you don't want to feel it.
You want financial security and the peace of mind to know that you're got it covered.
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5 Steps of the Hierarchy of Wealth
Step 1: Build a Solid Foundation
Step 2: A Safety Harness
Step 3: Invest In Yourself
Step 4: Invest In Others
Step 5: Invest In Wall Street
Over the next few weeks, we'll take a journey through the 5 steps of the Hierarchy of Wealth.
You'll learn:
And more!
Can't wait?
Check out my proven wealth building strategy. It's automated, easy to implement, and you earn guaranteed interest.
Unlike crypto or the stock market, your money doesn't fluctuate with the market. It's easy because you don't have to time to stress about what's happening on Wall Street.
If you found this article helpful, DO this:
Day Lark Wealth helps women achieve their financial goals and secure their financial future.
This information is for educational purposes only and should not be considered specific tax, legal, investment or planning advice.
