Business, Investing, Making Money, Saving Money

Advanced Wealth Building Strategies (Personal Finance)

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The key to advancing your wealth is building a quality team of advisers. Advanced wealth planning strategies should not consist of you going it alone. Your advisers can make you or break you. Advancing your wealth cannot and should not be done by yourself. Many people make the mistake of doing everything themselves. Doing everything yourself is fine but if you want to increase your wealth you will need advisers. Money is an emotional subject for many people. Everyone goes through money problems, even the very wealthy, how you and your team handle your money problems is what counts.

First you should hire a bookkeeper/accountant. To increase your wealth, you must know what direction your money is flowing. Is your spending helping or hurting you? Yes, there are many people who balance their own checkbooks, but you need an outside opinion. The amount of money you are making is irrelevant when it comes to hiring a bookkeeper/accountant.

Whether you are making $1,000,000 dollars a year or $35,000 dollars a year, you should still have your own bookkeeper/accountant. Once you have your bookkeeper you can now go over your monthly financials. You will see what good and bad spending habits you have. Then you can work to get rid of the bad spending habits that you have and increase the good spending habits.

The next adviser you should have is your financial adviser. Hiring a good financial adviser is one of the best moves you can make. He can help you plan for retirement and other things. Having a 401k with your company is not enough, be sure to get a financial adviser.

Getting a tax strategist should be your next step. It really does not matter if you are self-employed, own your own business, or have a 9 to 5 job. Getting a tax strategist is essential, because your eyes will be opened when you see how, when, and why money is taxed. You will also see how people are penalized with heavier taxes, when they don’t know how to offset taxes, utilize write offs, etc.

When choosing your advisers, choose carefully. Do not just hire an adviser who makes money from commissions. You want an adviser who practices what they preach and is successful at it. Your advisers will be able to help you setup many advanced wealth planning strategies.

“You can succeed on your own and you don’t need anybody, but it sure helps when you have people to help you and be for you.” Michael “MJ The Terrible” Johnson – Founder & Owner – Masters of Money, LLC.

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About Michael "MJ The Terrible" Johnson

Masters of Money, LLC., was founded by Michael "MJ The Terrible" Johnson, to create and sell how to information, to people looking for ways to make and save money. The goal of Masters of Money: Provide the tools, resources, and strategies, to help anyone who wants to be more successful, create the life of their dreams. Masters of Money's products and services list: Opt in email marketing - Online advertising - Social media marketing - Content creation - Content marketing - Internet marketing - Public relations campaigns - Web design - Direct response marketing - Copywriting - Company and / or product branding campaigns - Fundraising - Lead generation - Company and / or product launches - Business consulting - Partnering for profits campaigns - Blogging - Content library development - Content library maximization marketing - Multi-channel marketing creation and consultation - Ghostwriting - Ebook creation - Company continuity programs - Ezine creation - Ezine marketing - Digital newsletter creation - Digital newsletter marketing - Content trading - Information brokering - Company and / or product endorsements - Guest blogging - Business opportunity offers - Create and sell making and saving money strategies and information Company contact information: Foreign Corporation (LTD) AG. d/b/a Masters of Money, LLC. 3839 McKinney Avenue Suite 155-2281 Dallas, TX 75204 Phone #: (214) 744-3581 Fax #: (214) 599-9192 Email: Website: Blog:
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