What Do The Financially Successful Have In Common?

Just like any other profession, we tax and accounting professionals notice trends and see what works and what doesn’t.  Here are the commonalities we see among the most financially successful clients:

1)    They have a small business, either as their main income or as a side hustle

2)    They live below their means

3)    They hold investment real estate

4)    They self-direct one or more retirement accounts

5)    They are lifetime learners (newsletters, workshops, read books, podcasts, webinars)

6)    They surround themselves with a team of experts in different fields (seek professional advice).  As someone said once, “You’ll never beat the guy who does it every day.”