Do you ever wonder why some high-income earners still struggle to build wealth? When people earn high wages or get paid a big amount of money for something they did or accomplished, they have the tendency to spend more than they should. They start buying things or treating their friends and family. Not that there’s anything wrong with that, but if you don’t take into account everything that also needs to be settled with the money that you have, like taxes, you will eventually run out of money. And then you’re back to square one—broke and waiting for the next paycheck to come. Ron Escoffery is an author, entrepreneur, former wall street banker and financial consultant. With a wealth of experience under his belt, Ron can answer the age-old question: Why do people stay stuck financially? Find out whether it’s the lack of money or the lack of financial management by listening to today’s podcast. On this episode of the African-American Business Owners Podcast, Ron Escoffery offers a different perspective on money management. Ron will share the three questions every lifestyle entrepreneur must ask themselves. Listen and learn how you, too, can build a successful business legacy for yourself, your family, and your community.
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