It is simple but not easy to take the road less traveled, avoid worldly pitfalls, and build long-term wealth.


1. Find Purpose

Your destination only matters if you have a meaningful purpose in life. Know your life’s purpose and then your life goals, including your financial goals, will come into place.

“Pursue your dreams. You will be amazed about what you can achieve.” ~ Lailah Gifty Akita

2. Negotiate Income

If you’re a salaried employee, negotiate your income. This can be directly in terms of pay and bonuses OR indirectly such as time off and flexibility to work from home. This time negotiated with your current or future employee saves you hours of hard thankless labor.

If you’re on your own, know how much you’re worth. Do not let suppliers or clients take unfair advantage of you. Strive to deliver amazing value but don’t put up with B.S. Find your unique niche.

“All have their worth and each contributes to the worth of the others.” ~ J.R.R. Tolkien


3. Avoid Excesses

Avoid excesses which are unnecessary and a drain on your financial health. Consider and categorize purchases as needs or wants. Be aware of non-monetary leaks such as time and energy sinks which are just as bad, or worse than financial losses. Look for ways to do and be better and simpler. Plugging leaks becomes easier once you’re aware. Also you’ll never look at time the same again once you’re convicted that “time = money” is more than a cliché.

“Simple can be harder than complex: You have to work hard to get your thinking clean to make it simple. But it’s worth it in the end because once you get there, you can move mountains.” ~ Steve Jobs


4. Get Educated