The Cardone Zone Increasing Your Net Worth — Escaping the Financial Traps
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Jul 16, 2025 Dive into the traps designed to keep you financially stagnant! Discover why traditional savings methods like 401(k)s and home mortgages might be holding you back. Learn how the wealthy approach income differently and the importance of reframing your financial goals. Explore savvy investment strategies, particularly in real estate, to build real wealth. Get ready to ditch outdated financial advice and take massive action towards increasing your net worth!
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Commit to Building Net Worth
- Make a clear decision to focus on building your net worth, not just your income.
- Set incremental net worth goals starting with 1 million and scale up as you grow.
Collect Assets, Not Expenses
- Collect assets that increase in value and produce income instead of expenses.
- Avoid buying luxury items that depreciate like clothes, jewelry, and cars.
Increase Earnings to Invest More
- Increase your earnings so you can invest more in income-producing assets.
- Use your earnings to build assets that will replace your active income over time.