Lack of focus is a fatal wealth flaw

2013-08-15 15:11
Post a comment 5
CEO of The Wealth Chef Ann Wilson CEO of The Wealth Chef Ann Wilson
FOCUSING on your income is one of the most fatal things you can do for your wealth, says CEO of The Wealth Chef Ann Wilson.

Most people don't understand that wealth, just like cooking, has four key flavours and how money flows between these flavours is actually what creates wealth.

But when people are only focusing on income, they actually neglect the other key three wealth flavours that need to work together to create wealth.

She says these flavours are income, expense, asset and liability.

The magic happens in wealth when you start learning how these four ingredients work together and flow together to create wealth.

This is the first video in a three part series:

* Ann is the CEO of The Wealth Chef and one of our experts answering user questions.

** Add your voice to our Women's Wealth Issue and help empower others this Women's Month.

 Write a guest post
 Share your coping tips
 Ask the experts

Read Fin24’s Comments Policy publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
Comments have been closed for this article.