5 EASY TIPS / STEPS in 2023
Related to Money matter, Some persons Asks Questions Like As,
How to become Rich ?
Salary Management ?
Objectives of Cash Management ?
How to get Rich book ? Reading is good.
How to Manage Salary ?
Money management in hindi ?
How to become Rich as a Teenager ?
Rich dad poor dad book ? Reading is good.
So the Answer is Here. On my Financial Experience, study and Knowledge…
How to become Rich / how to get more SALARY or Money ? is it possible ? Yes, Yes.. If you make a positive mind towards this, and act as smartly, and strictly towards this, then it is easily possible. Do jobs, Business, Start ups, do part time works as Insurance Advisors ( passive income earnings ) etc.
Now a days in this modern world Nobody wants to live in poor condition. Everybody wants to live in Rich condition or A standard Wealthy Life, So What can I do, to become Rich /How to get Rich / be to rich ? is it possible ? Yes, Yes.. If you make a positive mind towards this, and act as smartly, and strictly towards this, then it is easily possible.
For that “ 5 EASY TIPS / STEPS.” given below, One more thing first of all, there is no magic to become Rich in over all one night, It takes some times and depends on your earnings also. So work hard and Hard Wisely with your Intelligence & Skills , To earn more and More Money/cash in proper good way. And also Limit & Limit Your Un-Necessary Expenditures / Un-Wanted Expenditures , like Un Necessary travelling and Buying LUXIRIOUS THINGS (avoid these as much as possible ).
Also avoid Laziness ( To avoid Laziness),
1) Do Proper Meditation :– It gives You Positive Energy to do correct work & Correct Things, Progress with happiness.
2)Exercise :– Do little exercise daily To Keep you in Good Health (Body & Mind).
3)TIME Management :– Always give Respect for proper TIME Management, because TIME IS MONEY ( Passed Time never Comes again) Time pass Activities & Laziness are the Blockers, Humps for your path way to Become RICH. They slow downs your speed towards Wealth. So avoid these. Always be in positive Attitude with young and Energetic. To hope that One day I will become RICH.
GENERAL RULE FOR FINANCE or SALARY MANAGEMENT SAYS 50/30/20 RULE :–
(A) 50 % of Your net Hand held Income will spend to Essential needs for Living .
(B) 30 % of your income Spend toward House rent, Loan repayments, Health and Life Insurance, etc.
(C) 20 % of your income to Retirement plan and savings etc.
But, Now A Days to become RICH little Fastly… , the adopting slogan is ” SPEND LESS and SAVE MORE MONEY / CASH. the good way is that ” LIVE SIMPLE LIFE TODAY in FUTURE LEAD A RICH & ROYAL LIFE.” .for this little modified,
5 EASY TIPS / STEPS. Given below,
- 45 % of your net Hand held ( after tax deducted ) Income (AMOUNT) will spend to Essential needs for Living. ( Means House hold expenditures. )
- spend 5 % of Income ( AMOUNT) In Health Insurance and Term life Insurance .
- save 5 % of Income ( AMOUNT) As Retirement Fund ( It Varies on age factor ).
- SAVE 35 % of INCOME (AMOUNT) INVEST IN SHORT TERM & LONG TERM INTEREST EARNING GENUINE FUND SCHEMES. ( Safe ones ).
- SAVE 10 % of INCOME ( AMOUNT ) IN HOUSE (HOME) only, As RESERVE FUND FOR EMERGENCY NEEDS / Purposes, save MONTH BY MONTH , IF THERE IS NO EMERGENCY IN THE YEAR, then SAVE IT IN INTEREST EARNING GENUINE Short Term Fund SCHEMES ( Safe ones).
Here Below, Given 5 Points also helpful for your WEALTH.
A ) INCOME :– Work Hard and Hard to generate more and more Income, with your work also do part time works for Passive Incomes.
B ) SPENDINGS :– Spend Less and Less Amount / cash and Save more and more .for a short time Live a simple life, avoid luxurious things to purchase till the time comes to you, when you reach the goal of RICH.
C ) SAVINGS :– SAVE THE CASH AS MUCH AS POSSIBLE.
D ) INVESTMENT :– INVEST SMARTLY AS MUCH AS SECUR, GENUINE, INTEREST EARNING SCHEMES.
E ) BORROWING :– ALMOST ALL , AVOID BORROWING THINGS or CASH means that ,Except the things those are very, very Essential FOR LIFE and worth ones .
To get more Knowledge read the BOOKS like :– 1) How to get Rich book written by Felix Dennis.
2) Rich dad poor dad book written by Robert Kiyosaki and Sharon Lechter.
GOOD LUCK TO ALL READERS, VIEWERS. and WELL WISHES for YOUR BRIGHT FUTURE & PROSPERITY, WEALTH and GOOD HEALTH . THANK YOU.
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