Which Lifestyle Do You Want? Rich or Wealthy?

29/10/2020 29 min Episodio 5
Which Lifestyle Do You Want? Rich or Wealthy?

Listen "Which Lifestyle Do You Want? Rich or Wealthy?"

Episode Synopsis

Topics Covered:Do you want to be rich or do you want to be wealthy? [0:52]Money does one thing very very well- it buys you options  [1:11]The important thing is what do you desire for yourself [2:49]Building wealth is a journey [3:35]If you're not moving forward, you're moving backward [4:25]Peace of mind is something that is priceless [5:03]What it means to be rich  [6:05]Why is networking so important [7:45]You really should only save until you get to the point that you can start investing [10:38]You have to invest  [11:24]We can't have everything we want at the same time [12:58]You deserve to celebrate your success but it is a journey. Don't fall asleep. [13:44]Calculate now what the lifestyle you desire in your golden years is going to cost. [14:42]A rule of thumb [17:09]Investing in real estate [23:59]Become conscious of what it will take to have peaceful, enjoyable, and happy golden years [26:37] Closing Remarks [27:05]Connect with Ron Escoffery:[email protected](404) 626 1425Don’t miss the next episode! Subscribe to the African-American Business Owners Podcast on SimpleCast.