It is possible to create wealth to achieve your financial goals, even on a modest income. Your starting point is to create a budget for the following reasons:

You can pay off debt
You can buy a house
You can start a business
You can save for retirement
You can have money for a rainy day

A lack of debt control is one area that can cause all well engineered plans fall into a downward spiral. This, however, can be avoided by budgeting. Having a budget will allow you to:

Live below your means
Decide how much you are worth before all others and who is in your money que, ready to take part of your hard earned money
Limit the amount of debt you incur
Set your review dates
Look to create your own net worth program

Wealth building requires some of the following ingredients:

Paying yourself first
Planning
Commitment
Having the right information and a systematic approach
Making good choices
Budgeting to save and invest
Starting early with small, affordable amounts
Protecting your wealth you have accumulated

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