Everyone I know dreams about being wealthy, some think in terms of money and assets, others family and health. But is there a formula associated with creating wealth? I believe everything can be broken down into Gods language, math. Numbers don't lie and you don't need the internet to check if it balances. To simplify this, here is the equation to help you see what your wealth is: Amount you earn X number of hours worked less taxes. Simple example: you earn $15 an hour, X 80 hours you work per pay period = $1,200, less 12% tax bracket for this income is approx. $1,056. Problem is, time and mortality limits wealth because you can't scale time but you can scale your ability to make income. Choices determine your wealth formula, the main point is, creating wealth is as simple as mathematics! Change your choices to change your equation results in a changed life. Would working capital or refinancing your current commercial mortgage change your equation? It's simple, just contact me directly: Michael@
Wednesday, January 2, 2019
Is there a formula for Wealth?
Everyone I know dreams about being wealthy, some think in terms of money and assets, others family and health. But is there a formula associated with creating wealth? I believe everything can be broken down into Gods language, math. Numbers don't lie and you don't need the internet to check if it balances. To simplify this, here is the equation to help you see what your wealth is: Amount you earn X number of hours worked less taxes. Simple example: you earn $15 an hour, X 80 hours you work per pay period = $1,200, less 12% tax bracket for this income is approx. $1,056. Problem is, time and mortality limits wealth because you can't scale time but you can scale your ability to make income. Choices determine your wealth formula, the main point is, creating wealth is as simple as mathematics! Change your choices to change your equation results in a changed life. Would working capital or refinancing your current commercial mortgage change your equation? It's simple, just contact me directly: Michael@
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