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At Spreadlove™ we are dedicated to bringing you accessible information on the latest wealth building tips. The way we see it wealth building isn’t just a trend, it’s a lifestyle. We respect that you are here reading this because you have made a conscious decision to change your life for the better.

As you can see from the Wealth Building Conference At Sea event that we have planned for October, 2017 wealth building is something that we take seriously and is central to our ethos. We want to reach out to as many women as possible and offer up-to-date information.

So let’s take a look at some basic tips to get you started with wealth building.

Adjust your thinking about saving

It doesn’t need to be a chore that you avoid. Saving can even be exciting as long as you set yourself realistic targets. In fact, if wealth building is going to be part of your lifestyle, you should embrace the opportunity to set yourself some goals. But remember to keep them realistic. We want you to set your expectations high but you shouldn’t become disheartened because of targets that were set too high in the first place.

The monthly 10%… and beyond

Putting away just 10% of your monthly income in your twenties and thirties will mean it is less of an effort when you are in your fifties (we know, we don’t want to think about our fifties either). Just 10% of your income going into a tax-advantaged account, like a 401(k), will be a huge help in later years. Once you’re comfortable with the 10% you’re saving try to increase that amount of 1% every so often. Aim to increase by 1% every six months or every year.

Spend Less = Save More

Learning to spend wisely will help you to save more efficiently. If you have more money left over from cutting down on your spending it should make saving so much easier. Setting a monthly budget of all your basic recurring expenditure will help with this.

Bank Accounts

It may initially seem like too much to keep track of but it will be beneficial in the long run. A regular account for your expenses and another account for savings will mean that you don’t accidentally overrun your budget and begin spending your savings. Also the whole point of savings accounts is that they pay back interest.


Yes, stocks can be risky but if you invest in something “safe” early enough you should see slow but steady gains over the years to come.

Professional Guidance

Always seek professional guidance from a reputable financial advisor before making any investment or commitments. He or she will be able to take your personal circumstances into consideration (income, dependents) before offering solid guidance as to the type of investments you can safely manage.

Start NOW!

It is never too late to begin but, if you are serious about wealth building, you should begin as early as possible. In your twenties and thirties you are more likely to have more disposable income than at any other point in your life. Why not give your money as much time as possible to grow?

These are just the basics. Are you doing any of these? How are you getting on? Let us know.

love, Spreadlove™

Kris Mulliah

Author Kris Mulliah

Bio Coming soon.

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