| Real Life Strategies for Building Wealth

The Game of Wealth Starts Here!

Make money

This is about earning an income.

Control spending

Consumerism is a way of life to increase our consumption.

Get out of debt

Embracing consumerist values is highly likely to result in over-spending & negative cash flow

Invest for the future

Investing, including building retirement income streams creates future and opportunities.

Four Pillars of the Game of Wealth

Since you are reading this, it is safe to assume you wish to win the Game of Wealth. This game has four pillars:

Make Money

This is about earning an income. Here, at TMP, we believe that the change towards predominantly ‘network’ economy means the way to make a living has changed from ‘earning a wage’ to ‘portfolio income’.

Consumerism & Control spending

Consumerism is a way of life encouraging us all to increase our consumption and buy more and more stuff. This was intentionally encouraged by governments after WWII as a way to revive the economy. At present, consumerism works by creating ‘dreams’ which people desire and are ready to over-spend on.

Get out of debt

Embracing consumerist values is highly likely to result in over-spending, negative cash flow (this simply means spending more than you earn) and building up debt. Debt, we believe, should be paid off; the sooner the better. Our reasons are rational rather than moral: debt robs you and your family of future.

Invest for the future

Investing, including building retirement income streams, creates future(s) and opportunities. Here, at TMP, we believe investing is the key to winning the Game of Wealth in three ways: a) it can increase your income; b) it provides security for the future; and c) it insures you don’t run out of money before you run out of life. We also believe that when we get older, we need income and not pensions.

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Didident growth investing

Dividend Growth Investing

Interest rates are rock bottom – The Bank of England cut them another 0.25% because of the uncertainty around Brexit. Banks are slashing the interest rates they are paying customers with the popular Club Lloyds account and Santander 123 account reducing the interest they pay.

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Get to Know Your Money

This stage of successful budgeting is about describing your money. This means that you need to gain detailed knowledge of what you earn, what you spend and what you spend your money on. Sounds banal and boring – and to a degree it is – but without doing that any attempt to budget becomes akin to writing fiction for delusional adults.

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Get to Know Your Money

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