What is the fastest way to build wealth?
5 Tactics to Build Wealth Fast
1) Pay off high interest debt now. …
2) Establish an emergency fund for liquidity. …
3) Mercilessly cut spending on things that don’t serve you. …
4) Seek out higher income streams. …
5) Invest money as soon as you get it.
I would love to see the Federal Reserve bring inflation under control. I would
love to see the Federal Reserve bring inflation back to 2% – 3% level. At the
same time the strong dollar (Nov 24, 2022), Number of jobs created (Oct 24, 2022),
the chip bill, Inflation Reduction Act, Student Loan Forgiveness, and exports
increasing/imports going down and the Federal Fund Rate of 3.75% all stimulate
the USA Economy. The only solution I see is the consumer cutting spending, paying
down debt and building cash reserves. This will slow down demand and allow the
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