Probably the most written about subject of the three but also the least understood. This section focuses on helping accumulating and generating wealth for your family and its future generations.
“There are only three known ways to accumulate wealth: #1, living below your means; #2, expanding your means; or #3, following both #1 and #2."
-Rich Kids, by Tom Corley
Live off of 80% of what you make. Saving the other 20%. Over time your savings and investments will accumulate.
Owning a businesses
Growing your retirement
Stocks and bonds
Real estate investments
Gold
Education for your children
Physical, emotional, and spiritual health. Sacrificing your life for your life's work is a high cost. The worth or value of that is up to us each individually. But in general, we hardly hear anyone recommend sacrificing their health as a means to an end.
Life lessons are very expesive. They can cost us each vast amounts of time and money, pain and suffering. But of the three are also the least expsive when shared amoung us. While expereince can not be taught, wisdom from our expereicnes can be shared at no cost. Wisdom is a very renewable resource. As it enriches our lives and the lives of those we share it with and those who share it with us, for little more cost then our time and effort.