Takeaway: You can change your financial position in life. Deciding to do it is the first step.
I attended a diversity training program at work, which was comprised of a series of workshops that covered various topics… all the ones you might expect when it comes to diversity training.
One workshop was on class distinctions related to socio-economic status. And, I started to realize that your economic position in life is one aspect you can actually control. When you think about diversity and who you are as an individual in society, there are a lot of things you can’t change.
But, there are some proven steps to increase wealth. It is about getting on top of your budget, carving out some room to save money (no matter how small), investing wisely, and being aware of the level of debt you have. And, when you do have to borrow money, it’s about getting a competitive (and ideally the lowest possible) interest rate available.