The REAL Secret To Getting Rich!

In our years of working with Middle American families, we have found there is only one sure fire way to accumulate wealth - PAY YOURSELF FIRST!

It sounds "too simple" doesn't it? It does, and that's because it is. It is simple to "get rich", but it's not necessarily easy. Putting yourself first in today's society is very difficult. Why? Because all of our authority figures continually preach putting others first before our own needs and wants.

Subconsciously, we may never think of putting ourselves first, even if it means putting our own needs above those of our creditors. However, doing so could be financially disastrous in the long run.

Put yourself at the head of the bill paying line. Start putting some of your money away on a consistent monthly basis and then leave it there. All the hype about finding a good investment advisor and investing in.... bonds, mutual funds, Roth or regular IRAs, 401ks or any of the other investment vehicles doesn't matter.

It's all about starting to save right now and then leaving it there to grow. Of course, earning interest on your savings can be a concern, but - and I cannot stress this enough - having money to save is crucial. Without setting aside money every single month consistently, it almost doesn't matter how much interest you earn on your savings.

If you want to have any real financial security later, then your mission should be to find the money to start saving right now. In most cases, and with the right planning, families can start saving right now for their future without changing their current life style (see "Your Ultimate LBO")

You might also need the help of a good budgeting plan.

David C Lewis, FMM, RFA is the founder of Twin Tier Financial - a financial services company based in upstate NY which specializes in providing information about objective financial planning. His website provides free information about budgeting, investing, insuring, retirement planning, saving money, and other related financial topics.