Case Study: Financially struggling to build wealth
Financially Struggling To Building Wealth
10 years ago, a couple owned a business and rental properties generating over $1M in income, however, their reserves were non-existent. They knew they made good money but didn’t understand why they felt broke. They wanted to have a better handling on their finances and take strategic actions to build savings be or and pay off their debt. They owned 3 properties which included their primary residence and had 4 vehicles including a high luxury automobile. They had a few stock, investment, and retirement accounts from their previous employment.
Since implementing these actions and habits, they have accumulated a net worth of $9M and only have good debt.
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