Finance

The Third E - Excessive cash

While most are struggling to make ends meet those who are focused on the first 2 E's end up developing the third E - excessive cash. While the masses believe that lump sums are the key to creating wealth. Those with financial education and experience recognize that cash-flow trumps everything else. Cash-flow is the most important aspect of creating wealth. Wealth can always be created before riches, yet 99 out of every 100 people think and believe you get rich first then create wealth. Wealth is created as soon as you're monthly cash-flow exceeds your monthly obligations. In other words begin where you are and when you passively produce the cash you need to survive without working you're wealthy. With the proper financial education, experience, and game plan wealth can be created in less than 10 years by those seeking to create a life of abundance.

The Financial Conclusion

While there are many ways to get the proper financial education and experience to create excessive cash-flow the masses don't recognize them. Simply, because they have no training to recognize financial opportunity. That is why I recommend individuals seeking more out of life seek out and find mentors who are following a proven path and actively creating what they desire. Don't fall into the advisor trap. Advisors - advise through their own agendas, those that have your best interest in mind lack 1 or more of the 3 E's. So, always get your advice from mentors. Mentors are actively creating what they want out of life by implementing the two E's to create the third.