In creating wealth today in the midst of inflation, one could learn a lot from the German Weimar Republic which suffered tremendous inflation. “Those who fail to learn from history are doomed to repeat it.” Many suffered, but a few created fortunes. I’d suggest that those who DO learn from history, have the ability to PROFIT from it
Creating wealth is not just about making money. Creating wealth requires one to examine their own financial statement to understand the relationship between their assets and liabilities, their income and expenses.
A common misconception today is that a millionaire must be wealthy; this is not necessarily true – you can be wealthy without becoming a millionaire! You can start creating wealth by