15 Simple Steps To Be Wealthy |
Argue, how much you want. But wealth is an important corner stone of achieving success in life.
Becoming wealthy has always been a taboo topic and saying it can be done by the age of 30-35 seems like a fantasy.
It is possible but unfortunately for most of us that won't happen overnight.
We don't need to participate in a ponzi scheme or buy lottery tickets or any other bullshit traps.
But we need a comprehensive guidance, self discipline, sheer hard work and planning.
Below are 15 simple steps which will be helpful to be wealthy:
- Get your financial house in order
- Learn how to better manage your money and debt in both the short and long term
- Build an emergency fund
- Invest for your future
- Budget and reduce expenses - set realistic goals
- Pay down high interest debts (as soon as possible)
- Have a plan for your education & Invest in your education
- Learn The Power of Compounding
- Start investing early & wisely
- Protect your family - Buy a Term Insurance
- Earn more - Work harder, Generate secondary source of income
- Get rid of unwanted stuff
- Use Cash - Avoid plastic cards i.e. Credit Card, Debit Card
- Cut down on bills wherever possible
- Work hard!
15 Simple Steps To Be Wealthy |
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