Secure Your Wealth: Lessons from Dr. Sabrina Edmon Williams

1. Understand Financial Literacy

• Learn budgeting techniques tailored to fluctuating incomes.
• Understand how to save for retirement as a creative professional.
• Learn how to negotiate better deals for your books and other creative projects.

2. Protect Your Creative Work:

• Use copyrights, trademarks, and contracts to safeguard your intellectual property.
• Understand how licensing and royalties work to maximize your earnings.
• Identify common financial pitfalls and how to avoid them.

3. Build Generational Wealth:

• Create passive income streams from your creative works.
• Establish trusts and estate plans to ensure your wealth is passed down securely.
• Teach financial principles to your family to keep your legacy alive.

Practical Steps to Apply Today:

• Audit your current financial situation to identify risks and opportunities.
• Invest in tools or services that can help protect your intellectual property.
• Start small with savings or investments that grow over time.