Sep
23

Helpful Tip from Marketing Expert Dan Kennedy on How to Increase Your Wealth

By Stacy Karacostas

Want to move your small business—and your life—forward in a meaningful way? Then follow this advice I picked up years ago from Dan Kennedy…

Set up 3 savings accounts of some sort. I use interest-earning money market accounts for this.

Earmark one for investing, one for fun, and one for donating to worthy causes. Then set them to auto-withdraw a certain amount from your main checking account monthly. Even if all you can set aside is $25 a month (or even $5 a month), that’s better than nothing. And you’ll be surprised at how quickly it adds up.

Then you have money to grow your small business or buy a new house…Money to take that vacation you’ve always wanted…And you have a little something you can use to give back to worthy causes.

Plus, there’s something to be said for acting like the person you want to be. And the wealthy donate to charity.

It feels great all the way around. And when surprises do happen you can handle them with less stress. For example, my rental condo had a water leak, but thanks to my accounts I had the money to cover my deductible. Yeah!

Frankly, it’s one of the easiest and best things I’ve ever done to increase my wealth, grow my small business and live a better life.

Have you tried this?

What are your thoughts or concerns?

Please do share by leaving a comment below…

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Comments

  1. Thanks, Stacy. I “picked up” the same advice from Dan Kennedy, but haven’t followed it.

    Oops.

    Good to hear it works for you. I should do it myself.

    (And that goes for all of Dan’s advice…)

  2. Stacy says:

    Hi Steve,
    Thanks for the comment. It’s so true what you said about following Dan Kennedy’s advice. Every time I do I increase my revenues or my personal wealth (or both).

    If only there were 10 of me I know I could be following even more of his advice with great results. But hey, we’re only human, right.

    Warmest,
    Stacy

    Stacy Karacostas
    Practical Marketing Expert
    http://www.success-stream.com

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