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Wealth is My Sign

7 Principles to Build Real Money That Lasts’ and take your first step towards financial freedom.”

By Levi-LeePublished 10 months ago 5 min read

Wealth is My Sign

My sign isn't Leo, Virgo, or Capricorn—it's WEALTH. And here's why.

I had the rare opportunity to move around with my boss for two days. It wasn't the luxury or access that impacted me the most—it was the conversations. I found myself at a table with seven young, brilliant minds. Some were celebrities, some were entrepreneurs, but all were builders. They were talking money—real money: real estate, fashion, trading, exporting, production.

I listened. I observed. I learned. I couldn't even speak because I was so locked in.

That experience shifted something in me. It affirmed what I've always believed: wealth is built with intention, discipline, and vision.

This eBook is a reflection of that moment and the mindset it activated in me. Let’s dive deeper into these principles.

1. MAKE YOUR MONEY WORK

If your money is just sitting idle, you're missing opportunities. Wealthy people don't let cash float—they commit it.

Investment Hustles

Take a look at some of the wealthiest people. Many of them didn’t get rich by saving money in a bank account. Instead, they invested in something that appreciates in value—real estate, stocks, commodities, or even starting businesses. For instance, Jeff Bezos took the money from his first investors and invested it back into Amazon, allowing it to grow exponentially.

How to Make Your Money Work:

• Real Estate: Start small by purchasing a plot of land or property. You can either build, lease, or hold the asset to appreciate over time. Rent out properties and start earning passive income.

• Stocks: Consider investing in stable, dividend-paying stocks. While stocks can be volatile in the short term, they can be a strong source of long-term wealth.

• Side Hustles: Even a small side hustle or business can compound wealth. Invest your time and money into an online business, a local store, or even reselling products.

Start by thinking about where your money is going, and whether it can be invested in something with the potential to appreciate.

2. DON'T SPEND ON THINGS YOU CAN'T AFFORD THREE TIMES OVER (UNLESS IT’S AN ASSET)

When it comes to spending, ask yourself: Can I afford this three times over? If the answer is no, then it’s likely not worth it.

Financial Discipline

One of the keys to wealth is delaying gratification. The newest iPhone, the latest designer shoes, or an expensive night out—they’re all fleeting. These are liabilities, not assets.

The iPhone Trap

Many people rush to buy the latest tech gadget or luxury item that they can’t truly afford, putting themselves in debt. Imagine using that same amount of money to invest in an asset, like a piece of land or stocks. Over time, that investment could pay for many of the things you wanted.

What You Should Be Investing In:

• Property: A plot of land or a rental property can provide consistent returns.

• Business Investments: Start a small side business—something you can grow and scale. A business can provide long-term financial benefits, and you’re investing in yourself.

• Stocks: Purchasing stocks is an affordable way to create a passive income stream over time. Plus, you don’t have to spend large sums initially.

Discipline is key here. Don’t buy things that won’t last—buy things that will make money for you.

3. INVEST IN WHAT YOU KNOW

You don’t need to be a stock market expert to make money in investments. But you do need to understand what you’re putting your money into.

Knowledge Is Power

When I was just starting out, I was drawn to real estate because I had a natural interest in the market. I learned everything I could about it. Over time, that knowledge allowed me to make sound investments, minimizing risk and maximizing returns.

What to Do:

• Start Small: Begin with small investments in something you’re familiar with. If you understand the stock market, dive into it. If you understand the fashion industry, perhaps invest in some clothing brands or resale shops.

• Educate Yourself: Read books, listen to podcasts, and watch videos about your chosen investment area. The more informed you are, the more successful you’ll be.

• Network with Experts: Build relationships with those who have more knowledge than you. They’ll help guide you and offer advice when needed.

4. THE POWER OF COMPOUNDING INTEREST

Compound interest is one of the most powerful tools in wealth-building. The earlier you start, the better.

The Snowball Effect

Imagine putting $100 into a savings account that pays you 5% interest annually. After one year, you have $105. The next year, you earn interest on $105 instead of $100. Over time, this snowball effect will result in exponential growth.

How to Utilize Compound Interest:

• Invest Early: Start investing as soon as you can, even if it’s just a small amount.

• Diversify Your Investments: Don’t rely on just one form of investment. Spread your money across real estate, stocks, and bonds to ensure that you earn interest in multiple areas.

• Reinvest: Instead of spending your interest or dividends, reinvest them. Let your wealth grow!

5. FIND OPPORTUNITIES IN EVERY SECTOR

The wealthiest people diversify their investments across different sectors. Real estate, stocks, bonds, technology, agriculture—they see opportunities everywhere.

Elon Musk

Elon Musk didn’t just invest in one industry—he branched out into electric vehicles, space travel, and solar power. While each industry is different, Musk saw opportunities in all of them and diversified his investments.

How to Find Opportunities:

• Research: Stay informed about different sectors. Technology, real estate, agriculture, energy—each offers its own set of opportunities.

• Look for Undervalued Assets: Whether it’s undervalued properties, stocks, or small businesses, there are always opportunities to invest in assets that are below market value.

• Think Long-Term: Investments should align with your long-term financial goals. Look for opportunities that will continue to grow in value over time.

6. BUILD A NETWORK OF SUCCESSFUL PEOPLE

Who you surround yourself with matters. Building a network of successful, like-minded people can elevate your wealth-building journey.

The Power of Connections

Successful people understand the value of mentorship and partnerships. They don't go it alone; they rely on their networks to grow their businesses and investments.

How to Build Your Network:

• Attend Events: Whether it’s local meetups or international conferences, get in the room where wealth is being discussed.

• Find a Mentor: Look for someone who’s already accomplished what you want to achieve. Learn from their experiences.

• Collaborate: You don’t have to build wealth on your own. Partnerships can provide capital, knowledge, and resources that you wouldn’t have access to by yourself.

7. STAY CONSISTENT AND PATIENT

Wealth isn’t built overnight. It takes time, persistence, and consistency. Stay disciplined, continue learning, and always stay patient.

Warren Buffett

Warren Buffett became one of the wealthiest people in the world by staying consistent with his investments over the decades. He didn’t chase trends; he made wise, patient investments that grew over time.

Key Tips:

• Set Clear Goals: Know what you want to achieve and make a plan for how to get there.

• Avoid Quick Fixes: Don’t get caught up in get-rich-quick schemes. Wealth is built over time, not overnight.

• Stay Committed: When things get tough, remember why you started. Keep your eye on the long-term prize.

Conclusion: Start Today

The path to wealth isn’t a secret—it’s about following these principles with intention, discipline, and a long-term vision. You don’t need to be a millionaire to start building wealth. Start small, stay consistent, and grow your portfolio. Each step you take today is a step towards financial freedom tomorrow.

investingpersonal financestocks

About the Creator

Levi-Lee

I'm an authentic storyteller who captivates readers, blending entertainment with profound insight.

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