In Part One of the “Principles of Wealth,” we learned that it’s important to Pay Yourself First, Pay Off Credit Debt, and Invest Money in Growth Opportunities. In Part Two, we’ll take a look at eight more Principles for Generating Wealth.

General Wealth Principle #4: Small Amounts Add Up to Big Returns

Perhaps you think you don’t have enough income to save sufficient funds to tie up any of your money in lucrative investments. This is completely untrue. Even if you have only a small amount of investment money with which to begin, you can make a start and keep adding to that initial investment. (more…)