1. Save one-tenth of your earnings

There is one thing you can’t neglect if you are serious about becoming rich; SAVING. Create a habit of saving at least one-tenth of your earnings, and the rest can be for your expenditure. Most people complain that what they earn is too small for them to save out of. However, it will surprise you that it will only get harder once you start earning more, your responsibility or expenditure increases with increase in your income. So it is better you start cultivating the habit right from now. It is important to note that you will be tempted to take out of your saving, but only a strong-willed man attains success.

2. Control your expenditures

You are probably thinking of the new phone you want to buy, or you want to change your wardrobe. There is an important question you should ask yourself, can you do without these things or what would you have done if you didn’t have the money to purchase them. If you can live with without those things on your mind, then they are only desires and liabilities. Learn to live way below your income, so you could live way above your income later in life.

3. Invest your savings

The money you have been saving is not meant to rot. Successful people don’t only save; they let their savings earn them more money. Put your savings into work, and allow them to bear children. Let their children also bear children and you will be surprised at the rate they will multiply.

4. Desist from get-rich-quick investments

Protect your hard-earned money from avoidable risk. Be careful of investing your money in businesses that appear too good to be true. Conduct a proper research into the business you want to venture into and be familiar with its pros and cons. Seek advice from trustworthy individuals who have been successful in that line of business.

5. Own a home

Owning a home has a lot of benefits. Apart from saving you from unending rent, you also have the avenue to use your available land for something that could generate income or food, e.g. gardening. Put all your efforts into building your own house, and you will definitely increase your productivity.

6. Plan for the future

Your greatest legacy as an individual will be measured by how your family will fair when you are no longer around, or you have become too weak to work. Save for the future, invest in real estate or any other business that will always be there after you had gone to the great beyond.


Follow this steps, and you are on your way to becoming wealthy. Leave a comment below or share if this has been a blessing to you

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