Ms Wright isolates some great measures in her article “SEVEN SMART THINGS THE WEALTHY DO WITH THEIR MONEY.
None of them is complicated or in any way difficult. They are just simple-to-do everyday things. You don’t have to be “somebody” to follow this simple money management plan.
And as we are now at tax time,her point about annuities is especially relevant. Non registered annuities, whether income is taken now or delayed, uses your age or ages, to guarantee a lifetime income. Either registered or non registered annuities can be prescribed, to give you peace of mind with the same monthly payment.
And the last point about hiding money from yourself is also important. If funds are automatically diverted from your account, you’ll not miss them until you need them.