How to Manage Your Money Like The Rich By Learning From Mike Tyson's Financial Mistakes

How to Manage Your Money Like The Rich shares the tale of boxer Mike Tyson in this short financial education video. Mike Tyson money problems are well documented and provide simple lessons for anyone with higher than average income.

Wealth Specialist John Duncan shares how to manage money like the wealthy by creating passive income while you're trading time for money. Also, to avoid Mike Tyson's financial errors, you should heed the following keys that are not talked about in the personal finance for dummies books or even finance classes.

The 3 Keys are as follows:

1. Keep Tax Reduction Priority Number 1
2. Use OPM to acquire Cash Flow Assets
3. Build Multiple Income Streams (Real Estate, Business Interests, Insurance Plans)

Use your asset level to your advantage and seek low risk asset vehicles.

By following this prudent money management strategy, those with higher income levels can and do break the time for money trap and create the type of financial freedom very few, regardless of income, ever get to enjoy. Whether you are single or managing money as a couple, this type of advice will save you from the perils of conventional wisdom.

Final note, don't stop growing. Many reach $10 Million and sink back because they get too scared their going to make a mistake. To manage money like a millionaire that's building wealth, you have to escape the limits of middle class thinking. It will keep you from ever managing money like the 1% if you let it.

Stayed tuned for John Duncan's personal finance podcast, which will be coming out soon.

For more information or to contact, see: https://www.johnduncan.pro