I went through various “best wealth practices” from a variety of sources and thought I would provide a list for you to evaluate – perhaps there is a practice here that will resonate most with you.

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  • To become more valued, you need to become more valuable
  • You don’t earn what you want, you earn what you deserve
  • Get off the transaction treadmill and focus on building your business
  • Put everything in writing
  • Stop focusing on the commission, focus on the relationship
  • Take advantage of time, not timing
  • Eat out less
  • Play less golf
  • Invest more in yourself
  • Work your ass off
  • Leverage all self-improvement channels
  • Patience!
  • Get to work an hour early
  • Practice a financially valuable skill
  • Invest a big part of your savings in a side business
  • Invest the rest safely
  • Allocate every commission to expenses, taxes, personal savings, and your personal business growth
  • The bigger your house, the bigger your debt
  • Pay off the mortgage as soon as you can
  • Invest early, often, and consistently
  • Compound interest!
  • 401K
  • IRA
  • Defined Benefit Plans
  • Live comfortably, but not too comfortably
27 Wealthy CRE Broker Practices
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