Want to Get Out of Debt and Build Wealth? Cultivate These 5 Habits | Inc.com

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If you want to get rich, the first thing to do is get out of debt so your personal math works for you, not against you.

If you weren’t born into wealth, and yet you want to know how to get rich, there’s only one answer: Learn to become an entrepreneur and Market your business accordingly.

Step number 1 on that journey is to make the commitment to become a producer, not a consumer, because a producer spends his or her time doing things that accumulate wealth, while a consumer transfers his or her wealth to somebody else.

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I’m inspired in this column by a post written by Tracie Fobes, who runs the website Penny Pinchin’ Mom (which she started after she and her husband worked their way out of $35,000 in debt). Becoming debt-free is an important starting point on the journey to a producer’s mindset.

So where do…

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