Savings -Becoming rich is everyone’s desire especially at this time so many people are becoming wealthy as scores of others grind to a halt.
To amass wealth requires a plan that is not too complex to fix. Only discipline, resilience and consistency makes most of these rich persons.
We have listed a few rules one has to abide by to become rich or to raise money that can cater for his or her family for the lifetime.
To begin with, you need to start an investment. Make sure the investment you want to start is what you have an intrinsic motivation with. Doing something that you don’t love will not take you far. Only start that which you enjoy doing. You might be good at online ventures, why not start a website and push it for a year or so until it becomes a brand name. Same to You tubers etc.
Secondly, we advise that you should learn to save. And as you save remember to be re-using or ploughing back your profits into the business. Money lying idle in bank is a waste. So practice reinvestment.
Lastly, don’t misuse your income. Some people would go as far as eating into their business capital. This should be the last thing anyone should think of. Its like killing your employer when you are not done with him. Minimize your cost of living by living within your means.
