4 Major Obstacles to Building Tax-Efficient Wealth

The 4 obstacles that could be holding you back and what you can do to overcome them

“Wealth is not his that has it, but his that enjoys it.” — Benjamin Franklin

Building wealth is hard. This is why most people never achieve financial freedom.

If you search online, you will find millions and millions of books on how to build wealth. You will see the different types of strategies discussed. Some will even say it is easy.

Most will suggest some simple steps to take to achieve financial freedom and the list goes on and on and on.

So, why do most people never achieve financial freedom despite the number of resources available?

The answer is “Obstacles.”

Obstacles prevent most people from building and growing their wealth. To be clear, there could be millions of obstacles. Some within our control and others outside of our control.

There is no way I can tackle all possible obstacles here. Instead, I focus on 4 key financial obstacles that prevent most people from building tax-efficient wealth.

1. Taxes

“The best things in…