Wealth Building Help Article:

Tax Strategy - Theres More to Building Wealth than Clipping Coupons

We talked recently about the wealth formula:

Spend less than you earn and save the difference. Initially, you may have to cut back to "find" the money to save. Start there if you must.

The next step is to learn how to invest your money powerfully. Recently, I took my stepdaughter to the bank to open her first savings account. We agreed that every week; for so long as she was living under our roof, she would take 50% of her pay check and deposit it into a savings account. Then I explained the power of compound interest to her and how her principle would grow each and every month.

Tax Secrets of the Rich Found Here

Have you seen interest rates, lately? It's sad. The bank was offering 1% interest on her savings. Of course, at that rate, no one is going to get wealthy.

What kind of rates of return do you get on your investments? Mutual funds pay about 5%. A little better, but not very impressive. The stock market yields about 12% over time. That's a little better.

Asset Protections

But there are much faster ways to grow your wealth than that. My Wealth Accumulation program will teach you how to build compounding wealth.

Tax liens, for example yield 16% - 24% and are fully secured by the U.S. Government. Active trading can return 30%-50% - so can real estate investing. I've done pre-construction deals that brought 50%-100% rates of return.

And of course, if you leverage yourself by using OPM (other people's money) your rates of return go through the roof. You've got to start learning about what's available "outside the box" in terms of investments. High returns don't have to mean high risk. Like most things in life, a little bit of prudence greatly increases the safety factor.

Tax Strategies

That's why I created my Wealth Accumulation program. To let people know the real rules of building wealth - no gambling, nothing crazy.

Sincerely, Drew Miles, America's Tax Saving Attorney

P.S. Lasting wealth requires a long-term commitment. Get rich quite schemes don't work.

P.P.S. There is no way to build wealth that is 100% risk -free. But you can learn to effectively manage your risks and keep them to an acceptable level.

Drew has combined what he learned during formal education, informal education and twenty five years of business experience in the development of programs designed to teach people how to build and preserve lasting wealth. He is an author, teacher and international speaker in the areas of asset protection, and tax saving and wealth building strategies.

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How to Be Rich Like Millionaires

There is a theory saying that only 5% of people possess 90% of the world wealth. We need to learn how to become that 5% people.

How to Make Money - Passive Income

We all battle with exchanging dollars for hours. Either we work a job and give up our free hours during the day, or night, or we employ others who we have to control like hawks, or we put it all in the stock market and lose it! Passive income is the perfect answer, whereby your presence is not required. The lucky few who enjoy passive income neither work, nor worry about tomorrow.

Ways to Create Wealth

Everyone wants to be financially secure, but finding the road to that security is a completely different story. Although very seldom is it done, real wealth can be created by putting away money from your 9 to 5 job everyday. The truly wealthy people out there have found many different ways to secure their wealth.

More Money, More Wealth

This is going to sound like an obvious statement, but in order to create more wealth, you have to bring more money in every single month. It is funny how few people really work at doing this. You see, many people would like to have all of the things that go along with being wealthy. The vacations, the house and the cars, and the comfort that you can have from having a large amount of wealth. Yet, very few people really actually work to bring in more money into their lives each and every month.