Pillar #1 of ‘The 3 Pillars of Financial Freedom’ was like an architect drawing up plans for a house. It was about creating a ‘Vision’ of what the house looks like, evaluating and choosing the ‘Position’ to build on – then ‘Developing’ the plans in detail.
Pillar #2 is about turning those plans into reality by Building, one brick at a time, until your “financial house” is built.
Without Pillar #2 it’s like our Mountaineer client preparing to conquer Everest, but not actually setting out on the journey.
There’s not much point doing all the training, buying the best equipment, and studying the terrain – and not commencing the quest.
In this week’s video we’ll unpack what’s involved in Pillar #2 – The Grow Pillar. We’ll cover the 3 important steps you need to have in place to sustainably build wealth.
Matthew Morrison is the Director of Wealth Advisory at The Practice, a Personal Wealth Advisory & Business Advisory firm based in Melbourne & Sydney. Matt along with The Practice team are committed to and passionate about developing & implementing wealth creation strategies for clients to enable them to Fuel their Family’s Future (while protecting them along the journey).
Matt and The Practice team can be contacted via https://thepractice.com.au or (03) 8888 4000.
Disclaimer – the above views and ideas are general advice only and are purely the opinions of the author. It’s important that you seek professional advice tailored to your needs before taking action regarding your financial future. (Also, unfortunately we can’t guarantee the top quality content in this blog will secure you a prosperous future if you ‘try this at home’, or trust any old backyard financial adviser to help you & your family with what is one of the most important decisions you’ll ever make…who to partner with on your quest to build wealth & create future Financial Freedom).
Wealth Creation for Generation X 