It is quite easy to grow your money, some people don’t just know how. These steps can also be applied to growing your business as well.

1. Create legitimate multiple sources of income

create two or more business outlets and expect something tangible monthly or annually. Put all necessary security in place as you can’t be everywhere at the same time and effortlessly get more income than you would have with just one source of income. Legitimate business gives you peace of mind and stability in your business, as you really need this to grow your business and money.

2. Save at least 10 percent of your income


Make it a strict habit to save at least 10 percent of your income, you can set your income on automatic transfer to a fixed deposit account and within a year you’ll discover that you have so much on a separate account to do whatever you like, but for the purpose of this topic, reinvest your saved 10 percent income so as to further grow your money.

3. Invest a portion of your income

As instructed above, don’t be blown away by how much income you were able to make, focus on how much more you have the right to make. There is no such thing as being too rich, build a business empire while you can and you will never be afraid of bills. As your income comes, invest. Broaden your horizon in the business world, and you set your money on auto-growth.

Be patient to see it grow, If what you have in your hands is not good to be called a harvest then it’s a seed, sow it!

4. Keep a good financial record

This is important to track and analyze all income and expenses, so you will know; how? When? and why? you made your money, and; what? When? and where? You spent your money.

5. Spend your money on what you really need

it is true that there are lots of beauty to behold, buy and own. Before you are tempted to give all you have for a temporally pleasure or satisfaction, ask yourself a question or two; do I really need this? What benefit will it be to me? If you are in the habit of buying things you don’t need at the moment, soon you will run out of funds for things you really need and then you may have no option but to sell at discount the things you own.

6. Make friends with successful people

I have made my analysis over the years, I don’t see any disadvantage to having legitimate rich/successful friends. They have ideas and connection to share with you and before you know it, you are on your way to huge success. They do not demand so much of you financially, so the little you have is already safe with you.

7. Live a debt free life

What you can’t afford to pay for at the moment is not yours. Shun the temptation, and move on with your life. Focus on your journey to legitimate money making and someday you may own a factory that produces a variety of whatever it is you went crazy for.

8. Be careful or avoid giving out loans

If you are not sure of getting back your money with or without interest, then don’t do it. You don’t have to fight or sue anyone to get back you had earned money. Remember peace of mind and stability is a must for a successful business growth. What you can’t deal with, avoid.

9. Don’t spend more than you earn

I know you have so many questions right now, you are free to spend on your needs but remember you have to grow your money to a certain level first before you can spend on just anything out there. You should not weaken or close down completely any growing investment especially on things you don’t really need. The idea here is, growing your business should be your major priority because only with this will you be able to afford almost anything in the world. If spending is more import than growing your money, soon you may have to borrow to maintain whatever it is you bought.

10. Focus, don’t be distracted

Make a scale of preference, focus on what is more important. You can’t chase two rabbits at the same time, both will escape. If growing your money is important to you, you should give it your time, attention and focus. Yes, you can have time for any other thing but with growing your money, a careful strategic plan should be considered to avoid stories that touch.


http://www.stepsguide.com/2017/09/16/11_ways_to_grow_your_money/

Person wey never eat no go dey get savings, so where such person go see money keep? You come even dey talk of growing the money.

Imagine minimum wages of N18,000. Buahri no fit pay, so man pikin go get savings?. Abegi leave Nigeria and go and give better country such advice.

Hmm

Ok, u try sha

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Just Check my signature below

thanks for this very educative

How do I invest my money without participating in the investment? I have some money I'd like to invest. But the scamming level now ehn

11. Avoid family and friends.
12. Avoid hoeloshoizm.

You made sense to an extent

nice

Ourown:
How do I invest my money without participating in the investment? I have some money I'd like to invest. But the scamming level now ehn

There are safe investments, try see an investment expert or be a passive investor in a business. As regards being a passive investor, you need someone honest and truthful for it to pull through since you are not actively involved . Good luck in your endeavors .

travel abroad and work like a slave. thats how your money can grow like grass on fertilizer.


all what op said is for the middle class

nice

Another way is by selling information products.

Check out how many people in the world needs these information to solve various problems. If you can write a detailed step by step guide on how to solve them, then you are already in money.

I will show you the secrets.

Just click here to start

Pay your tithe....

Earn more than you spend because spending will definitely arise planned or unplanned...

Give and give more to good cause

Sow seed....

And takia of your business

If your output is greater than your input, your up-keep becomes your down fall...... The Richest Man In Babylon

Avoid ponzi scheme and bet9ja

columbus007:
11. Avoid family and friends. 12. Avoid hoeloshoizm.

n

Commit thy ways unto the Lord, and thy thoughts shall be established.

When you are barely surviving as someone earning 30k per month,I doubt if number 2 would work

biacan:
n

columbus007:

columbus007:

mixter:

There are safe investments, try see an investment expert or be a passive investor in a business. As regards being a passive investor, you need someone honest and truthful for it to pull through since you are not actively involved . Good luck in your endeavors .

Thank you!

mixter:

There are safe investments, try see an investment expert or be a passive investor in a business. As regards being a passive investor, you need someone honest and truthful for it to pull through since you are not actively involved . Good luck in your endeavors .

Please outline the safe investments. I am interested in them.

Just simply make sure you fertilize and water your investment constantly. Finish

Ok

Avoid MMM and anything that sounds like MMM.

columbus007:
11. Avoid family and friends.
12. Avoid hoeloshoizm.

You actually have a point here... but many people wont see it.

Wont say avoid the family though.. would rather say use wisdom. most especially if you are the first.

Dont Make many Friends.

Some people (Lazy People) make friends because they are looking for who to rest their shoulders on. some1 who will share their problems with them, with them having nothing to offer.

nice right up.