Hi,

My Sirius XM Wealthy Ways Show guest this weekend is Cedric Nash, a.k.a. “Your Millionaire Mentor.” Cedric is the Founder, Owner, President, and CEO of Oakland Consulting.

Oakland Consulting has been repeatedly recognized as an Inc. Magazines 50 fastest growing companies. Oakland Consulting and its affiliate companies have reached combined revenues of almost $100M with over 300 employees nationwide.

Cedric Nash a serial entrepreneur and investor who educates, inspires and motivates wealth building, and he particularly interested in creating more millionaires in the African American community. He says the racial wealth gap is real and much of the reason is that many do not know how to create wealth. He has made a commitment to show others how he created a multi-million dollar portfolio.

Nash is the founder of The Black Wealth Summit and the author of the books, Why Should White Guys Have All the Wealth? How You Can Become a Millionaire Starting from the Bottom and The Millionaire Money Moves Supplemental Investment Guide.

Cedric Nash is a firm believer and living example that anyone – regardless of age, race, income, or starting point – can build wealth if they know how.

He shares 11 concepts on how to do it!

1. You can become a millionaire starting at the bottom, if you are willing to have discipline in your spending and consistency in your saving and investing.
   
   
2. Make a decision to have a budget and stick to it.
   
   
3. Pay yourself first and use that money to invest, with every paycheck.
   
   
4. Investing is a long-term game – not a get rich quick scheme. Live below your means and invest the rest.
   
   
5. Wealth is the result of using your money wisely, not so much as how much you make, but what you do with what you make.
   
   
6. Nash’s grandmother had an 8th grade education and never made a lot of money. But she saved and invested and was able to buy homes, and leave him and his siblings thousands of dollars, which he used to make millions.
   
   
7. As you increase your earning, increase your investments.
   
   
8. If you have a 401K plan, make sure to max it out yearly.
   
   
9. how to separate bad debt from good debt.
   
   
10. Be careful who you hang out with, because who you hang out with is who you will become. Hang out with savers and investors, not spenders.
    
    
11. Don’t treat money like a toy (that you play with) but as a tool to build wealth. Make your money go to work to make more money for you every day.

To order Cedric Nash's book, Why Should White Guys Have All the Wealth?, please go here.

Listen to this Willie Jolley Wealthy Ways Show interview on the Willie Jolley Wealthy Ways Show on Sirius XM Radio channel 141-HUR Voices this Saturday at 4pm ET, Tuesday and Thursday at 6pm ET, brought to you by Truist Bank.

For immediate access to all other interviews, download The Willie Jolley Wealthy Ways Podcast on C-Suite Radio, Apple Podcasts, iHeart Media, Spotify, Stitcher, TuneIn, or wherever else you get your podcasts. Listen and be inspired!

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