Podcasts Business Investing Radical Personal Finance The Iron Law of Wealth Building (or How to Translate Personal Financial Statements into Results) RPF0029

The Iron Law of Wealth Building (or How to Translate Personal Financial Statements into Results) RPF0029

Published: July 28, 2014, 9:03 p.m.

There is an iron formula\xa0of wealth that can be applied to all financial plans. The relationships between balance sheets cannot be broken in any way. To become wealthy, you much increase the net worth on the bottom of the balance sheet. The only two ways to increase net worth are to increase assets or reduce [\u2026]