July | 2022 | Private Banking Strategies

Everyone is searching for how they can become financially secure and independent. If you’ve listened to the first episode of this two-part series, you’re already halfway there!

In this episode, Vance and Seth continue the explanation of the three critical rules to become financially successful in the second part of this two-part series. They emphasize the importance of not spending your principal and discuss why you should build and follow a well-thought-out financial plan where you can use the power of compounding interest.

Vance and Seth discuss:

The importance of principal and why you should never spend it
How to make your assets actively earn money with compounding interest
Why you need to follow a well-constructed financial plan
And more

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Almost everyone has the life goal of being financially independent, but how do you get there? There are 3 rules you need to follow above all else to grow and protect your wealth.

In the first part of this two-part series, Vance and Seth explain why it’s critical to pay yourself first. They discuss the missed opportunities most people don’t realize they have while not implementing the 10% rule into their financial plan.

Vance, and Seth discuss:

The 10% rule and why it works to ensure you’re successful
The importance of paying yourself first
Why you never spend principal
How Murphy’s Law and Parkinson’s Law come into play
And more

Resources:

Connect With Private Banking Strategies:

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Private Banking Strategies

Monthly Archives: July 2022

3 Rules to Becoming Successful – Part 2 (Ep 31)

3 Rules to Becoming Successful – Part 1 (Ep 30)