The Key to Building Wealth & Closing the Wealth Gap
Thank you DiversyFund for sponsoring this post. It’s never too early to learn about investing for your future!
How old were you when you first understood the concept and importance of money? Now, keeping that in mind, when did you learn about the importance of financial literacy? I understood the idea and value of money, specifically, how great it felt to have it and also how amazing it felt to spend it at a very young age (grade school). However, when it came to me being financially literate, I only grew to learn and understand this concept very late in my twenties. When I realized this, I couldn’t help but wonder, why as a society do we place such a high emphasis on money, but not how to be smart with it? Keep reading if you want to learn how financial literacy can help you to build your wealth like the wealthy and close the wealth gap.
Truth be told, financial literacy isn’t something that is readily taught, you have to be active and willing to learn about it. By definition, financial literacy is the skills and knowledge one possesses that enables them to manage financial resources effectively. These skills include budgeting, financial management, and investing. In other words, when you’re financially literate, you’re able to make smart and informed decisions with your money, this includes building wealth.
The Wealth Gap
Now that we’re on the topic of wealth, did you know that the wealth gap between America’s richest and poorest households more than doubled between 1989 and 2016? As the saying goes – “The rich are getting richer and the poor are getting poorer.” This is especially true if you add race and gender to the mix. In fact, economic inequality has steadily been on the rise over the last few years.
How can we overcome this? By learning and teaching about the importance of financial literacy. Why is this so important? Because being financially literate helps you achieve financial freedom. Financial freedom is simply FREEDOM. Think about it, most of us work because we have to. But what if work was simply an option? Having financial freedom is simply the act of possessing enough income and savings to cover your expenses while being able to live your life and make decisions without worrying about money. I mean, who doesn’t want that? When you have financial freedom, you’ve made it that much easier to build your wealth to close the wealth gap.
The Key to Building Wealth
Unfortunately, most of us weren’t born into wealth or financial freedom, but that doesn’t mean that it’s not attainable. So, how can we grow our finances, achieve financial freedom, and build generational wealth? The answer is really simple: start investing your money like the 1%. Who exactly is the 1%? They’re the country’s wealthiest people.
Investing will help you not only achieve the financial freedom you desire, but it will also help you start building generational wealth. I mean, who doesn’t want to be able to leave something behind for their children and grandchildren and so on and so on? Investing is one of the best ways to achieve this. In fact, investments are the KEY to building wealth. So why not invest like the people that are so good at it?
Bottom line, there’s plenty of wealth to go around for everyone, not just the 1%. DiversyFund is dedicated to helping close the wealth gap by empowering everyday people like you and me to build wealth through investing.
Investing with DiversyFund
DiversyFund is a crowd-funded investment platform that was founded on the belief that everyone deserves access to the same wealth-building tools that have long been used by the 1% to create and sustain generational wealth. When you invest with DiversyFund, you are investing with a partner, not a broker.
Remember when I said that in order to become wealthy, you need to start investing like the wealthy? Our country’s wealthiest have invested in real estate for decades. It’s time that you start too. DiversyFund helps you do just that.
How Does Investing With DiversyFund Work?
Create your path to financial freedom now and open up your free account with DiversyFund today. With as little as $500 and no management fees, you can start investing like the 1% and set your family and generations to come up for success.
Once you set up your account using their self-serve platform that offers 24/7 access to various unique offerings and financial educational services, your initial investment is then added to a Publicly Filed and Audited Real Estate Investment Trust (REIT). Real estate investment trusts are an alternative way to invest and build wealth. REIT(s) are less volatile than stocks, have fewer risks and higher returns. This is why the 1% likes to invest in them.
Your partners at DiversyFund help you build wealth by investing in cash-flowing apartment buildings. Cash comes from projects and properties handpicked by a team of expert real estate investors. Those experts work hard to identify high-potential properties, buy them, then manage, renovate, and sell them to turn a profit. When they sell, they split the profits among all investors in the trusts, putting money back into your pocket. That’s it, pretty simple, right?
Are you ready to invest in your future? Visit DiversyFund today and create your account.