Self-Discipline is the Master Skill of Wealth Creation and Success!

When all is said and done, creating wealth comes down to one thing for most people: self-discipline. A twenty-year-old, saving $50 a week at 9 percent growth will have $1 million in the bank by the time he is sixty-two. or $332,020 at just 5 percent.

But what twenty-year-old saves $50 a week?

No matter where you are and however much you earn or don’t earn, self-discipline is the key to creating wealth faster.

You must have the self-discipline to:

• Invest in yourself and always look for ways to provide more value
• Save at least 10 percent of your income each month
• Put off large luxury purchases like cars, and never buy new ones
• Avoid buying “stuff”
• Say no when friends, family, and peers try to make you spen
• Not worry about keeping up with the Joneses
• Budget your household bills
• Audit your bills every three months
• Unsubscribe or downgrade from services you are not utilizing fully
• Buy fixer homes, not new ones, and buy where there is the greatest chance of appreciation, which may or may not be exactly where you want to live