How to Create Wealth from Income

There’s more that goes into wealth-building than simply making money. To build real wealth and financial freedom in the long run, you have to become a great steward of your money. Today we’re chatting with a guest who has completely overhauled her approach to both personal and business finance. Now, she helps other people do it, too.

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Krisstina Wise is a real estate mogul, Millionaire Coach and creator of several multi-million dollar businesses including Goodlife Luxury, The Paperless Agent and most recently, WealthyWellthy. She is also an international speaker and the award-winning author of the Amazon Bestseller Falling for Money, a romance novel for your bank account.

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Krisstina and I talk about her money journey and how she learned everything she needed to know about personal finance after some difficult times for her family. We then talk about the two facets of money she teaches as a coach, why we need systems and tools to build our wealth, and how she helps clients organize their money so it is always working toward achieving their goals.

In this episode, we’re discussing…

  • How Krisstina educated herself in money when she realized she didn’t have the skills she needed to create the financial freedom she wanted.

  • Why we all need to learn how to manage and grow our money, not just earn it.

  • The systems and tools the Krisstina and her clients use to grow their wealth.

  • Why managing your household as a business is one of the best things you can do for your wealth.

  • Why we need to hold every single dollar accountable.

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Krisstina’s Top Tips:

  • You must know how to manage and grow your money – otherwise your wealth won’t grow to its full potential. Figuring out the passive income side of the equation is key!

  • We need systems and tools to grow our wealth – which should be familiar for all the tech people out there. You can think of your accounting software as the system and your financial statements as the tools. You have all the data you need to create an algorithm for your own wealth!

  • Create a system to invest regularly – if you always earmark part of your income for investing, you will be making consistent contributions to money for the future. Don’t underestimate the power of compounding!

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Resources:

ABOUT KRISSTINA WISE

Krisstina Wise is a real estate mogul, Millionaire Coach and creator of several multi-million dollar businesses including Goodlife Luxury, The Paperless Agent and most recently, WealthyWellthy.

She is also an international speaker and the award-winning author of the Amazon Bestseller Falling for Money, a romance novel for your bank account. Named one of the 100 Most Influential Real Estate Leaders in the country, she has been featured in USA TODAY, as well as by Apple, Contactually and Evernote for her creative leadership with emerging technologies.

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Nichole Stohler