Five steps to a rich life

Image

Five steps to a rich life The first thing that comes to mind when you hear the word "rich" is usually not "rich" at all, but "having a lot of money".However, being rich is not a bad thing at all! Quite the opposite — these are the ones who know how to manage their money really well are able to increase their income level: 1) Focus on developing the "money magnet"The first and most important step is to make a decision to become, well, and truly rich.This will allow you to focus on developing the right habits of daily handling of money, and they will be able to start to "attract" money by themselves.2) Start investingJust stay away from trading, Forex, and other high-risk investments. All such money managers are trying to rush you to failure by any means necessary: by making unreasonable profits;or by dishonest practices (which you will not tolerate).investment).It is better to direct your capital somewhere where it will have more of a chance to work and bring you income.3) save Money from each salary You should have a "financial cushion".It should be deposited first, in the form of "financial capital" — then you can safely start investing.Make a good habit of saving 10-20% of each salary you receive.Use this money to replenish your "financial cushion" and make regular investments.4) sell unnecessary itemsWe live in an age of unprecedented change.Technology is changing our lives beyond recognition. Today, anyone who is interested in money (even those who do not know how to handle their money very well) is in a constant need of money. Today, everyone can easily start investing (by regularly buying currency, stocks, and other financial instruments).Recommended: Invest in your future (preferably through a reputable Bank).This will allow you will be able to gradually form an impressive capital, the income from which will fully support your entire family.5) Advice on investing moneyFirst, you should make a good habit of reading financial literacy articles.This will allow you will be informed about the so-called "financial cushion", the so-called "financial formula", and other such terms.Secondly, you should make a good habit of saving 10-20% of each income you receive.Use this money to replenish your "financial cushion" and make regular investments.Third, you should make good use of tax breaks and subsidies.These will help you invest and create your own capital. 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".