Guest Post: James Burns

The following is a guest post for “The 3 Secret Pillars of Wealth” by the author, James Burns.

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Hope is not an investment strategy. If you’re like most people, you hope for a comfortable retirement doing what you like to do, free from financial worry. But have you asked yourself the tough questions that need answering before you can begin attaining your retirement goals? Do you even know, in specific detail, what your goals are? Do you want to live in the lap of luxury or merely continue living the lifestyle you currently enjoy? And do you know what it’s going to take to be able to do those things?
Most people have never really taken a hard look at where they are financially and what it would take to reach their goals. That’s because financial decisions are emotional and difficult, and change often involves risk. But change is what’s needed if you want to start thinking and acting like someone in control of his or her finances. Investors think differently than non-investors and I need you start thinking like an investor if we’re going to get your money to start working for you.

Before we get started, though, I want you to understand a few things about my approach to wealth building. While I believe that you can amass great wealth by sticking to these pillars of wealth, I don’t want you thinking that this is a get-rich-quick book or that I expect you to immediately understand everything about wealth building just because you’ve read my book. This is going to take work and patience and planning, and maybe even help from a financial professional.

I believe in planning for the entire length of your lifetime, and that your plan will need updating and adjustment to survive as long as you do. Financially successful people understand that amassing wealth isn’t about gimmicks or following the crowd. In order to create wealth you have to take a serious look at what’s best for you and your family. There is no one-size-fits-all financial plan.

I’m going to ask you to think like a corporation and honestly look at your personal cash flow. Would you buy your family business as it is today, based on your personal balance sheet? Are you running the family finances to the best of your abilities, and are you using the Three Secret Pillars of Wealth? Recently, three of the richest men in the world were asked by Forbes magazine what the best investment advice that they’d ever heard was.

Together, these three men identified the three pillars of wealth, and I want you to learn how to use them to the same great effect as these billionaires.

-James Burns

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