Top 10 Things You Should Do to Build Wealth
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🔑 Top 10 Things You Should Do to Build Wealth
by Shaun Oliver, CEO of Freedom Funds Hub Inc.
Building wealth isn’t about luck—it’s about strategy, consistency, and smart choices over time. No matter where you’re starting from, you can create financial freedom with the right mindset and roadmap.
At Freedom Funds Hub, we’re on a mission to empower everyday people to take control of their financial future. Whether you’re starting with $10 or $10,000, the principles are the same. Let’s get into the Top 10 things you must do to build lasting wealth—starting today.
💼 1. Start with a Clear Financial Vision
Before you build anything, you need a blueprint.
Ask yourself:
- What does “wealth” mean to you?
- Do you want passive income, early retirement, generational wealth?
✅ Action Step: Write down your 1-year, 5-year, and 10-year financial goals. Get specific—numbers, timelines, lifestyle.
📊 2. Track Every Dollar
Wealth is built when you take full control of your money.
If you don’t know where your money goes, it controls you—not the other way around.
✅ Action Step: Use budgeting tools like YNAB, Mint, or a spreadsheet to track income, expenses, and savings monthly. Look at it weekly.
💸 3. Live Below Your Means—Not Just Within Them
This one’s powerful: wealth isn’t about how much you make, it’s about how much you keep and grow.
Living below your means creates the gap you need to invest and grow your net worth.
✅ Mindset Shift: Ask, “How can I get the same value for less?”—and then put the difference toward savings or investing.
🏦 4. Build an Emergency Fund
Unexpected events are wealth killers. A solid emergency fund keeps you from going into debt during life’s curveballs.
✅ Goal: 3–6 months of expenses in a high-yield savings account.
✅ Start Small: Begin with $1,000, then build up steadily.
💳 5. Eliminate Bad Debt
Credit card debt and high-interest loans are financial quicksand.
You can’t build wealth when interest is working against you.
✅ Action Plan: Use the Avalanche (highest interest first) or Snowball (smallest balance first) method to knock it out. Automate extra payments.
📈 6. Invest Early and Consistently
This is the single most powerful wealth-building tool: compound interest.
The earlier you start, the less you have to invest over time.
✅ Start Here: Open a Roth IRA, 401(k), or index fund account. Even $100/month makes a difference.
✅ Automate it: Treat investing like a bill you must pay.
🧠 7. Learn Financial Literacy Every Week
What you don’t know is costing you.
Every wealthy person studies money—assets, taxes, markets, and business. You should too.
✅ Do This: Read books like “Rich Dad Poor Dad”, “The Millionaire Next Door”, or listen to podcasts like BiggerPockets and The Ramsey Show.
🏘️ 8. Build Multiple Streams of Income
Relying on one paycheck is risky. Wealthy people have income from investments, businesses, real estate, royalties, and more.
✅ Explore These:
- Freelancing or side hustles
- Dividend stocks
- Rental properties
- Digital products or content creation
🏗️ 9. Use Assets to Buy Liabilities
Instead of financing a car with your salary—let your investments pay for it.
That’s what wealthy people do: they buy assets first, and let the returns fund their lifestyle.
✅ Think Like This: “I’ll buy that once my investment returns can cover it—passively.”
🔄 10. Be Patient. Stay Consistent. Repeat.
Wealth building is not a sprint—it’s a lifelong game.
It takes time, and it’s not always flashy. But consistency is what separates the wealthy from the broke.
✅ Remember: If you invest $500/month at an 8% return, you’ll have over $750,000 in 30 years. Let time and discipline do the heavy lifting.
💬 Final Thoughts from Freedom Funds Hub:
Most people never build wealth because they’re focused on the wrong things—status, short-term pleasures, or excuses. But not you.
If you commit to these 10 principles and actually live them, you’ll change your future and the future of everyone who comes after you. And at Freedom Funds Hub, we’re here to help you get there—step by step.
Wealth isn’t just about money. It’s about freedom, options, and peace of mind.
Let’s build yours.
—
💼 Shaun Oliver
CEO & Founder, Freedom Funds Hub Inc.
“Own Your Time. Own Your Freedom.”
Copyright 2025, Freedom Funds Hub Inc
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