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How to Build Wealth: 7 Ways the Top 1% Do That

October 17, 2023 · Personal Finance
home warranty
Photo by Artem Samokhvalov from Shutterstock

5. Protect your house from unexpected, costly repairs

Home repairs are everything but cheap. Whether it’s a broken appliance or a leaky roof, your house can quickly turn into a nightmare and cost you hundreds and sometimes even thousands of dollars to keep up.

One of the ways to avoid that is by nipping it in the bud, which sends us to the next entry on our list of tricks to build wealth: safeguard yourself against giant repair bills. For example, American Home Shield is a home warranty company that does that for you. From home appliances to electrical, heating, cooling, and plumbing systems, they can all be protected.

No matter your age, AHS protects your stuff. Their plans cover up to 23 systems and appliances, and if they can’t help you with the repair, they will replace what’s broken or damaged.

Keep reading to discover other tricks to build wealth!

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