Earn Money The practical steps to get financially rich.

[NegociosCPM2021]

• Save and invest from a young age
• Focus on the 3 components of wealth; income, expenditure and investment returns
• Negotiate hard even for small pay rises. It is 10 seconds of work, sometimes, for a huge benefit
• Reinvest negotiated pay rises into markets, and don’t let lifestyle inflation harm returns
• Don’t give in to peer pressure. Remember, many of the people driving these cars are broke;
• Remember real millionaires are usually frugal, modest etc.
• Watch your spending habits
• Never time markets
• Always focus long-term
• Don’t watch the financial media
• This time isn’t different
• Remember markets always have risers long-term. Never panic.
• Do the maths. Want to get to $1M by 40? Sounds ambitious but break the goals down into monthly amounts, and adjust for conservative assumptions
• Reinvest any inheritance
• Read about investing

Regards -> NegociosCPM2021

 

[Mellorando]

Nice words...but before anyone can do all this your face should have the determination within himself to be financially stable some people might invest in this and invest in that but do not have day the mind and the spirit to save for the future they keep spending as long as there is money to spend someone who want to be successfully rich shouldn't have such thinking but instead work to save for the future

 

[Alvin2233]

• Save and invest from a young age
• Focus on the 3 components of wealth; income, expenditure and investment returns
• Negotiate hard even for small pay rises. It is 10 seconds of work, sometimes, for a huge benefit
• Reinvest negotiated pay rises into markets, and don’t let lifestyle inflation harm returns
• Don’t give in to peer pressure. Remember, many of the people driving these cars are broke;
• Remember real millionaires are usually frugal, modest etc.
• Watch your spending habits
• Never time markets
• Always focus long-term
• Don’t watch the financial media
• This time isn’t different
• Remember markets always have risers long-term. Never panic.
• Do the maths. Want to get to $1M by 40? Sounds ambitious but break the goals down into monthly amounts, and adjust for conservative assumptions
• Reinvest any inheritance
• Read about investing

Regards -> NegociosCPM2021

Nice, i must try this method. Thanks

 

[Briangsam]

Thanks for sharing this. You can also add value. Something many self-made wealthy people have in common is that they are valuable in specific ways. Tax Yourself. The concept of saving money is not a new one. Create a Plan and follow it. Invest, Start a Business, be Grateful, develop Patience and educate Yourself.

 

[Ekuvero]

They are really quite through one really needs to start saving right from an early age and have that mindset of work smart rather than work hard despite all odds one needs to cut short his/her spending habits. One shouldn't spend above his/her earning. Unlike most present day millionaire they tend to have a good investment plan with consistency been the main key. Create a plan for your life and follow the path. Always be determined, focus to make a change. See everyday as an opportunity to change your life for the better

 

[Kingsley]

Those steps are practically good and should be adhered to, if one is going to excel in all we do we must really learn to stay focused on the type of business that we have ventured into and stop looking at the progress of others in the type of business they have decided to venture into . We must learn to stay very focused on what we are doing at the moment.

 

[Chibson]

Very good tips right here. People must understand that they should start saving at a very young age if you want to be a successful person in life. You must also invest in yourself because you are your greatest asset. You need to read a lot of books and also educate yourself about financial Management.