Articles Subscribe to receive new articles by e-mail. Lay a Foolproof Financial Foundation First.
Times are good for almost everyone.
However, when times are good, very few lay the foundation that will carry them through when times get tough. The millionaire next door, who was recently exposed in a popular book, didn't get there by brilliant, flashy investing and a meteoric rise to wealth. He or she got there by laying a careful legal foundation that could be steadily built upon not only when times were good, but also when times were bad. If your goal is to have financial security, you have to do what the wealthy do. Otherwise, your wealth will be a flash in the pan, like so many fortunes are.