The following steps can be used by anyone, no matter what their current situation, to help protect themselves from the financial upheaval we believe is on the horizon and grow their wealth in the process…more in the outline below.
- Education
- Establish and Manage Your Plan
- Equities and Investments
- Entrepreneurialism
- Emergency Preparedness
There is a reason that Education is number one on this list. You will never succeed if you do not start by learning what you need to know so you can make the best decisions for you and your family.
The Five E’s Outline:
Below is a quick outline with links to some of the best resources we use. For more detail and additional resources on each of the Five E’s (including videos, written information, description of the suggested resources, and lots more…) click the section titles or the ‘more information’ links under each E-Section below.
- Current Economic and Financial Information (If you are not already Subscribed to our newsletter.)
- Guide to Investing In Gold and Silver: Protect Your Financial Future – Michael Maloney
- Crash Proof Prosperity Investment Newsletter
- Wealth Masters International Education Programs
- Tax Reduction Institute (Sandy Botkin)
- Our Library – Coming!
- More on Education – (Videos, Commentary, and more.)
Establish and Manage Your Plan
- Set specific goals to decide where you want to be one, five, ten and twenty years from now.
- Calculate your assets, debt and income, establish your net worth and set a simple budget. (Wealth Accelerator)
- Use alternative strategies to manage your finances.
- More on Establishing a Plan and Financial Management
- Gold and Silver (Silver Saver, Border Gold, Questrade)
- Stocks and other Investments (CrashProof prosperity, Wealth Masters International M2 and M3, Questrade, The Morgan Report)
- More on Equities and Investments (More investment resources, videos, commentary, and how to access safe and more conservative investment options that target 15% returns instead of some of our suggested resources like Crashproof that are targeting much higher yields and involve more volatility.)
- Develop a personal source of part time or full time income independent from the government or an employer. Something you have 100% control over. (Financial Education Business Opportunity, Online Marketing for Small Businesses – info and blog re: online marketing, consultation)
- Use your business to help offset your tax bill. (Tax Reduction Institute)
- Entrepreneurialism is optional, but highly recommended. If you have the assets, you can develop independent income using wealth management and investing strategies. Without a business or money working for you, you are 100% dependent on your employer.
- More on Entrepreneurialism
- Establish an emergency fund that will pay your bills for 3 months, 6 months, or a year.
- Learn what you need to think about in case of emergencies that could disrupt electricity, food supplies, clean water, medical care, etc. (Handbook to Practical Disaster Preparedness for the Family – Arthur T. Bradley)
- More on Emergency Preparedness
Best of luck on your road to financial protection, wealth, and freedom.
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