This week is part two of a three-part series on how to build wealth. Just look at the news, and you will hear over and over about the coming recession and the coming downturn in the economy.

What most people don't know, though, is that recessions make more millionaires than economic booms. If you play your cards right in the next year or so, you can build a tremendous amount of wealth.

So, on this three-part series, I'll give you a step-by-step approach to building wealth. 

Last week, I explained the difference between income and wealth. And I also covered step one in the process, which is to create a wealth mindset. If you want to be wealthy, you have to think differently than broke people. 

This week is step two, which is how to increase your income and household profit. 

Earlier, I mentioned that employers pay most people exactly what they are worth. When I say this, sometimes people will argue with me. “My boss doesn’t pay me enough!” or “I deserve way more salary than what I’m being paid.” My answer is always the same. If your services were worth more to the marketplace, you’d automatically be making more money. The good news is that you can immediately increase your income just by making your value to the marketplace higher.

In this episode, I show you the easiest ways to add additional income to your household and create good financial habits to increase wealth.

Show Notes:  How to Build Wealth (by Doug Staneart) (https://www.leadersinstitute.com/how-to-build-wealth-in-three-simples-steps-wealth-strategies-for-any-age/)