Whether you realize it or not, we’re all playing the wealth game. Some never get off of first base while others do quite well for themselves on second and find financial freedom on third. But today, I want to talk about those of you who have won the game. You’ve rounded all of the bases and now find yourselves safe at home plate. So, join me as I wrap this series up with a look at what it means to truly win the wealth game.

Third base is a special place in the wealth game. Once you’ve reached third base, more than likely, you have achieved each of your financial goals. So, there’s nothing more to do besides kick back and enjoy the spoils of your hard work… Right? Not so fast! Although many people do just that, once they’ve achieved a level of independent wealth, the journey isn’t complete until you’ve rounded all of the bases and made it safely home. In today’s entry, I’m going to look at what third base looks like and how you can begin your final sprint towards home plate.

As we continue to explore the wealth game, it’s time to set our sights on third base and head toward financial independence. At this point in your financial life, you’ve reached a point where many would consider you successful. You’ve got a house. You’re regularly contributing to your 401(k) and other retirement plans. Likewise, you’ve built an investment portfolio and have begun accumulating assets. It feels good. You might even be tempted to just stay in this place. But you’re not done yet. Acquiring true wealth requires that you continue rounding the bases.

In today’s entry, I’m going to continue our look at the wealth game. Up to now, we’ve discussed getting from the batter’s box to first and the traps that can keep you stranded there, and the moves you can make to “lead off” from first base. But today, we’re going to shift our focus to building assets. When you begin building assets, you’re ready to move on to second base. By this time, you’ve likely purchased your first home, and have begun moving from the debt side of your financial picture to having assets to build your net worth. But how do you know when you’re ready to move on to third base? What can you do to prepare for that transition? Read on to find out.

Recently, I’ve been exploring the wealth game and what it takes to win. Up to now, I have introduced the game and discussed how to avoid the employment handcuffs that come with reaching first base. You see, merely reaching first base (aka entering the workforce) isn’t enough. Those who remain on first for their entire career have very little chance of becoming financially independent. They’re shackled to their job because they have too much debt to take the necessary risks involved in creating personal wealth. In today’s entry, I want to look at what you can do to lead off from first base, on your way to second.

With today’s entry, I want to continue looking at the wealth game. Following the same baseball analogy from the first blog in this series, I want to examine the move from the batter’s box to first base which is typically your first job. This is a necessary first step but it’s important to avoid the trap of staying on first for too long. You see, just like in baseball, you want to advance the bases when playing the wealth game. So, as we move through this series, we’re going to work toward a deeper understanding of what each base represents and how to “lead off” in pursuit of the next.