How to Move from Income Depletion to Income Replenishment – AGALEC Part 2
[VIDEO] How to Move from Income Depletion to Income Replenishment – AGALEC Part 2
Since one can easily lose financial resources if not properly managed, the “AGALEC” strategy becomes very important as it not only helps you to make money, but also to keep it, grow it, and build wealth that generates a consistent flow of income.
[bctt tweet=”The AGALEC Strategy provides the key steps to building the capacity for sustainable wealth.” username=”wealthygen”]
Part 1 of the AGALEC strategy discusses the starter steps that help you kickstart the wealth-building process. Watch the video lesson here:
In this lesson, we discuss the AGALEC Strategy Part 2 which focuses on the “backbone” steps that help you move from income depletion to income replenishment, and ensure that the wealth you are building is sustainable.
It discusses why “financial literacy” is one of the key strategies for building sustainable wealth. It recommends “evaluating” your goals and actions at every stage of your wealth-building process. Finally, it emphasizes “consistency” as a key strategy for success.
One thought on “How to Move from Income Depletion to Income Replenishment – AGALEC Part 2”