How to get wealthy
You don't need to earn a lot of money to become rich if you have healthy financial habits.
If you want to get wealthy, you need to consider three things:
- Earn
- Save
- Invest.
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"Many people are in the dark when it comes to money, and I'm going to turn on the lights. " ~ Suze Orman
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Think Rich
Becoming wealthy is not about earning more , though earning more might definitely help. Even if you don't earn a lot you could be on rhe path to wealth by having good financial habits
Wealth In Terms Of Owning Things
Housing should be no more than 30% of your income. Warren Buffett's house is worth .001% of his total wealth.
The possession of things differentiates the rich from the wealthy. Wealthy people don't flaunt their money; they save and invest it.
How We Use Money
There is a natural tendency to spend the money we earn, instead of saving or investing. If we watch how rich people utilize wealth, we can learn a lot from them and change our financial mindset.
One has to invest money no matter how less the income is, choosing something t...
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