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How To Get Richer Day By DAY - Career - Nairaland

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How To Get Richer Day By DAY by Bengag: 3:20pm On Jun 28, 2020
How To Get Richer Day By DAY

Money is useless when not put to use

In this article I have explain how you can best position your money � and never be broke again.

But get richer and richer.

Hoarding money we only make your money � to be valueless

Here are *five* key and best way to make your money valuable and put to best use.

1. Save
Save at least 40% of every income you are having
.
This the way the successful people have use to master and rule over unexpected situation.

And this is only applicable with a determined mind.

But if you are just coming up, I will advise you save 20% so that you can invest in yourself and make yourself productive.

2. lnvest in yourself
Investing in yourself is one of the best way to make yourself of value and make your money also to be valuable

When you don't have the knowledge on how to invest rightly,

You keep loosing both money and time.

And make many other things to be valueless or be less of value about you.

Get skill, I mean high income skill.

Then invest in it, with an optimist mindset.

So invest time, invest money �, invest studying, all in yourself so you will be able to produce more value and have the knowledge of how to go about it.

Importantly you must practice what you have learn, except that, things we remain the same.

3. Invest in asset
Asset are things that give you cash flow, helping you to run your day to day life, this is a key factor also in investing.

If you can truly discover asset and go for it.

You will never lack money again.

Example

- Real estate
- Forex
- Stock
- Business

But the best of it all is *real estate*

Because is not prone to depreciation.

4. Reduce liability
Liability we always be there to pay.

You can't run away from bills

But you can reduce it to the minimum

What's liability ?

They are things that require you spending and never give anything to you back in return.

Example
- Expensive gadget that you don't even know the use of it
- House rent
- Electricity bill
- Water bill
- Car for transport
- Lot of them

So to make sure you are not loosing to much and be able to position your asset investment,

You need to avoid unnecessary spending

5. Use your money to buy time

You need to use your money � to buy time and go for the necessary things you can be attending to, to get result faster.

Instead of trying to be a jack of all trades,

Living important things undone or done late

Is better you buy another person time to do that.

Why you are doing the important aspect.

All of this that have mentioned above require intentional action that you must take to implement.

To be success is not sudden or unexpected

But an intentional step.

Before I forget,

Don't leave above your means of income and don't live equally to your income.

If you are doing that stop it.

Because you will only be living from paycheck to paycheck.

I hope this as impact you.

Have a great day.

By
Realtor Moses

1 Like

Re: How To Get Richer Day By DAY by Temmoraa542: 3:28pm On Jun 28, 2020
Nice
Re: How To Get Richer Day By DAY by davidtuzy(m): 11:13am On Jul 04, 2020
Thanks Op for dis piece of inspiring and Educative writeup✌✌✌✌

1 Like

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