All Press Releases for November 28, 2022

The Untold Truth about Wealth, Power & Prestige

Financial Education Basics



    PROVIDENCE, RI, November 28, 2022 /24-7PressRelease/ -- Have you ever wondered how some people and families make it further in life and seem to have more abundance in almost every area of their life? Have you ever looked up and questioned why you have to work and wait for the traditional 30 to 40 years before retirement to be freer to move around and travel? Why is it that some people and groups earn more money and have greater flexibility in their mobility and time? This means they're not limited to one specific region or by the amount of wealth they have accumulated. These were all questions I asked back in the year 2016, which started my journey into studying and observing happiness, success, and wealth.

The wealth formula is simple. You earn, you save, and you invest. It is no wonder that people with companies get ahead faster because they have more cash left over after expenses to save and invest then consumers. If you're an employee, make sure to have a budget and aim for 15% or more as an annual savings rate and get to at least 6 months of expenses in cash reserves. Ideally, you want to max out your retirement accounts and keep contributing more into other retirement accounts like brokerage accounts or the equivalent. Focus on proven investment models. If you're a super achiever, aim to get a monthly cash flow that is three times or more than your monthly expenses from assets like real estate or anything that produces this result. Overall, have an income growth plan.

According to credible data, 78% of adults live paycheck to paycheck and fewer than one in five U.S. adults feels very confident about their saving habits. Financial education is often not taught in schools so unless you're taught it or learn yourself it can be hard to build a life of abundance and wealth. My mission and purpose are to simplify wealth creation so all can learn and use it to their advantage and build their dream lifestyle. This is a movement that I have termed W.E. The W.E. stands for Wealth Explorers and refers to us as a people learning and growing together to achieve lifestyle design.

I'm Martize Smith, an author, and explorer of lifestyle design. Lifestyle design is the process of designing your life aligned with your nature, strengths, values, dreams, passion, and purpose. As you decide to pursue lifestyle design this assumes you want to be well-educated in most areas of life and that includes personal finance and wealth creation. A good deal of people like this are CEOs, celebrities, entrepreneurs and business owners, high-level executives, and other high-class and high-income professionals. We see them all the time in magazines, on TV, in movies, and on social media. What people assume is that you need to have millions of dollars in the bank to enjoy being this free and have networked in these private social circles to get these opportunities.

Let us be clear on one thing before moving forward, I'm not in any way saying you can have the exact same thing, although anything is possible, but you can achieve lifestyle design on a level that empowers you to do most things others would dream of. For example, most people dream of traveling the world but believe money is an issue or finding time to do it. The solution is to find a career or work out a work-remote agreement with your current job, that gives you remote work capabilities so you can work during the day and explore the cities at night. People want millions of dollars but what they really want is the lifestyle they believe millions of dollars will provide for them. Another alternative is building a business that finances your life so you can travel overseas but this is a challenge you have to be willing to tackle and overcome.

My recommendation is to consider finding careers that give you the flexibility to travel or work remotely. This way you can learn how to be a successful businessperson and use personal finance techniques to grow your wealth through your journey and not have to wait 30 to 40 or more years until the traditional retirement age to travel more. In conclusion, it is important we understand we control our future and success. One of the best ways to get started is to set goals and write them out on paper with deadlines of 1 year or less. Find the resources you need, build the skills needed to execute your goals, and enjoy the journey. Check out the techniques I've used in my eBook by top performers around the world that took me from being unemployed to landing a job, tripling my salary, and started investing money to build my wealth. I also have a blog and podcast where I educate people and share the strategies that have helped me grow my wealth.

Martize Smith has focused on building an international brand, based on his compelling vision of "Empowering better financial literacy with the right financial tools and insights." Martize Smith is a published author and creates resources for the public that enhances personal development in areas of career advancement and wealth creation.

Martize Smith earned a Bachelor of Science degree in Biology from Saint Augustine's University and has his Master Degree of Science from West Texas A&M University in Finance and Economics.

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Contact Information

Martize Smith
martizesmith.com
Pawtucket, RI
USA
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