Ideas on How to Become Rich - Riches is more than wealth or money
Hi folks, how to become rich is not necessarily to become wealthy in money terms, it is also about how you get financial happiness and security to live well and live rich enough for a long long term
What are the ways to secure a financial future and great happiness without fear of having no money?
here are some tips and suggestions for you all to mull about
a) be organised about your financial resources, your expenditure and your sources of revenue - keeping tabs on your balance sheet is crucial for a good record of your financial assets and liabilities. A simple journal or ledger for self keeping is vital for knowing at any one time how wealthy or rich you are.
b)You must set aside at least 5% of your income on savings - no matter what kind so savings, just set aside for your own protection and security
c) Protect your family by ensuring your family members have savings or investment accounts so that they are protected as well. A small amount each month can go a long way in times of crisis and emergency. Family relationships must be a very part of your life because they are your wealth, they are the true meaning of why we live! Love is greater than money at any time!
d) Try not to use credit card too often. Use cash so that you can keep tab and not overspend. Overspending with credit card is very easy. Many people chalk up lots of bills by using their credit card carelessly. Do not rely on credit card so that you can control your spending
e) Teach your loved ones and friends the value of money and the value of happiness. Also advise them not to spend too. Spend wisely and only on things which are essential , not on things which are of no actual value or merely trying to keep up with the Joneses. Never let others run your lives by trying to match others . What they have is their good luck, what you need is to maintain your lifestyle accordingly like cutting your cloth according to your measure.
Do your best to keep financial goals. What is your financial goals for this year? for the next 3 years? With such goals, you are able to work and concentrate day by day towards your financial freedom. Money makes the world go round only if you have the money to work that way. So keeping aside some money each month systematically and prudenly, you are sure you have a great financial future and a great way to live for a long long time.
Cheers and learn to live rich and happy without having too much ...
Sally Klaus
Ideas on How to Become Rich
