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.