I am in the process of moving this series from Wealth Lion to FMF. So here's the post that got it all started...
This blog is about how to grow your net worth.
To this end, I have been (and will keep) sharing the tips I've learned along the way, but I want to offer a broader perspective for my readers' sakes. Yes, I think I have something to offer, of course, otherwise I wouldn't spend the time running this site. But I'm certainly not the end-all expert on how to grow and manage wealth.
There are many ways to become wealthy and probably even more ways to manage wealth once you have it. So I wondered what voices could I add to mine to offer additional thoughts and tips on becoming and staying wealthy.
Well, there is certainly no lack of so-called experts out there. You can find them all over TV shows, on the radio, in print, on the web and so forth. But while many of these people know how to speak, write, and talk about managing money, they know it only in theory, not in practice. Yes, they know what to say and report on what to do, but they don't know how it really works. Why? Because they are not wealthy themselves. They spit out facts, but there's no insight, no extra tips, no real-life application because they haven't lived it themselves. No, these people would not add anything useful to the conversation.
Then there are the wealthy who have "made it" in some form or fashion. They are generally famous to some degree and most times have greater wealth than the average person could ever hope to attain (I'm talking $10 million+, and generally much more). They have started multi-million dollar businesses, are very talented in some way (sports, music, etc.), been in the right place at the right time, and so forth, and now are very wealthy. Yes, they certainly have something to share and their stories would be interesting. But since much of their results are not something the rest of us can replicate, I don't think adding their voices here would be as beneficial as I'd like.
I prefer the everyday person. The one who started from nothing (or close to it) and became wealthy over time. The person who knows the ins and outs of growing and managing wealth because she's lived it. The person who is just like the rest of us -- a "normal", "regular" person, who we can relate to. And best of all, a person who has practical tips and insights that work in the real world -- ones that we all can apply to grow our wealth.
That's why I'm starting my "Millionaire Interviews" series. It will be a category here at FMF where I interview everyday millionaires. Here's how it will work:
- The interviews will be with people who have a net worth of at least $1 million. The levels of their wealth will vary and will be shared on each post. Some will have several million dollars to their names..
- I will ask them a series of questions and they will respond. They also have the right to add their own questions to the interview if they think I left out something important.
- As you might imagine, I want to keep the identity of these people guarded (to the extent they want to be guarded.) So I won't even use their initials in the posts -- I'll simply give them a number, starting at "1" and counting up.
- As you read each post, you can not only learn from them but also ask them questions. If they feel comfortable doing so, they will respond. I am guessing that some will and some won't.
So stay tuned. Millionaire Interviews will be coming your way shortly...