Keola Moola Wealth Club enjoyed reading and discussing, The Next Millionaire Next Door, if you missed the session, you can listen to the recording below.
Some key thoughts from the book::
- Economic independence belongs to those with the willingness to allocate, money, energy, and cognitive resources to achieve financial goals,
- Financial independence is important for all ages, for both the “FI/RE”(Financial Independence Retire Early) community or people that get to traditional retirement and need to Refire as Ken Blanchard and Mont Shoevitz positioned it,
- Never confuse income and net worth,
- Have a Chief Financial Officer to support you on your journey, and
- Their research indicated that there are six key competencies that are critical to support building wealth.
Wondering which wealth-building muscles, you still need to flex. You can do a free assessment by completing the twelve questions following the link:
Really valuable information and stories shared in the book, making it a valuable read.
