5 tips that will make you much richer
5 tips that will make you much richer Why are some people always "with money" and others are never poor?This question worries many people, because they themselves have lost their jobs or incomes.In this article, we will talk about the five most important tips that are guaranteed to" lead " you to prosperity and material well-being.1) Start saving money from your salary.For sure, you have noticed this too — some people spend the entire salary on things, while others save a small part of it.Start with the latter, and as soon as possible stop spending the entire salary on "wishlist".Take the time to" recalibrate " your financial life.Set aside at least 10-20% of each of your earnings.2) Start investing.Make your money work for you.To do this, invest some of it (by regularly buying currency, stocks, and other financial instruments).This will allow you to gradually form an impressive capital, the income from which will fully support your entire family.3) Reduce your biggest financial "loans".Do not get into debt and loans.Today, there are a lot of great options online for this.To start investing, use a monthly averaging strategy (by purchasing index funds on a monthly basis).4) Start "paying yourself".First of all, make a good habit of saving 10-20% of each income earned.Secondly, use this money to replenish your "financial cushion" and make smart investments.5) Increase your active income.Awareness games. Don't you always get paid for your work?In the form of an additional income — this is what you will start doing in the near future.Starting to invest regularly (buy currency, stocks, and other financial instruments).Executive SUMMARY:These 5 steps will allow you to gradually build an impressive capital, the income from which will fully support your entire family. 1) Read my article " Where NOT to invest money? TOP 3 most dangerous places for money". 2) Read my article "what skills you need to become rich".