How do you grow your net worth?
The good news is that growing your net worth is incredibly simple.
There are only three things you need to do:
- Spend less than you earn
- Invest the difference
- Avoid debt
This is investing and growing net worth boiled down to it's simplest elements. (Credit to The Simple Path to Wealth)
That's it. Everything you need to do to grow your net worth. It is incredibly simple but hard to follow advice. This will take self control
More to come...
This guide will be a work-in-progress. I'll try to update it as much as I can. But for now, please check out the Read List to learn more about investing and financial freedom.