How do you know if your plans for financial security are on track? How do you measure success or failure at building wealth? The obvious answer is financial net worth, but it’s not that simple.
After all, is a 28 year old with $30,000 really less successful than 60 year old with $300,000? What you need is a way to account for differences in age, inherited wealth, income and lifestyle differences. That may sound complicated, but it doesn’t have to be.
In my article How Does Your Wealth Building Skill Rank? Take This Test… I provide a simple yet reasonably accurate formula for judging your success or failure at building wealth and achieving financial freedom. It isn’t perfect, but it is a useful ballpark estimate that is quick, simple, and easy to calculate.
After just a a few minutes of reading this new article you will know if you are on track or in need of a serious wake-up call. In addition, I provide some tips showing you how to accelerate your wealth building if the results of this simple self-test are less than desirable.
So take the test now, pick up a few wealth building tips, and let me know how I can support your financial success.
Wealth Building Articles
Financial Advice Articles
Can You Pass This Money Test?
Free Financial Calculators
Let’s Connect!