Episode 1 – Rich and Staying That Way [Podcast]

Getting rich is only half the challenge. It’s not always easy to stay rich once you’ve ‘made it.’ There are many stories of very wealthy people losing everything. This includes wealthy celebrities, professional athletes, lottery winners, and lot of regular people, too.  Click the play button to hear the 5 Strategies for Keeping Your Wealth in Your Pocketbook.

Whether you’ve already made your fortune or you’re still working on it, there are things that you can do to hold on to your wealth.

Protect your wealth from these five dream killers:

  1. Plan for the long-term. 
  2. The IRS wants your money. 
  3. Eliminate your debt.
  4. Beware of pirates.
  5. Avoid unusual investments. 

Getting rich is challenging. Staying rich has its own set of challenges. Spend the same amount of energy preserving your wealth as you spent creating it. These simple steps will help.

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About the Author

Lorene Collier Purcy is a Certified Financial Social Work Coach, Creative Wealth Educator, President & CEO of Mindset Matters Consulting & Education LLC, an enlightenment organization, that partners with schools, youth groups, churches and communities to educate, equip and empower today’s youth from all walks of life to take control of their future through properly managing their money and becoming socially connected to the real world. Lorene is also the Founder of Savvy Chicks Rule, empowering women on how to rethink and reevaluate their beliefs, thoughts and attitudes about money. When it comes to Money Matters Lorene is the Money Maven individuals, groups and companies choose to experience financial victory!

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