We need to be conscious that we want to build wealth and then start taking steps to get there. There are four major areas of conscious wealth building. 1. How much money are you saving? 2. How much money are you wasting? 3. Where do you park the money you have saved for the long term? 4. How much is that money growing? For today we are tackling the first one. 1. How much money are you saving? If you have done your personal cash flow statement worksheet in https://www.finaims.
At first it was the fintech attack. Last November China’s Communist big wigs stopped the $37bn initial public offering (IPO) of Ant Group, a financial-technology titan, and forced it to modify its lucrative loans and wealth management asset-light business into something more onerous and ‘societally responsible’ like a bank with statutory requirement of deposits and be more accountable to watchdogs. Since then other behemoths, the renown Alibaba and Tencent, have been targeted