Live according to what you can, use enough money. Never use more money than ability.
So by not spending a lot of money you will have a lot of savings. By utilizing time to build a business with friends who want to get more money. Stay away from gathering with people who only see you as a rich person.
2. Set aside money from hard work to build a business
Starting a business with mediocre funds is very difficult for anyone who wants to start a business. But the truth is that it can still be done. How to set aside what percentage of salary to invest in more useful things such as building a business. By creating a team, work will be easier and can be helped by the team.
3. Join successful people
Joining successful people can make you think more about innovation and more success. Nothing can change one's thinking except the environment in which he lives.
A person can change because of the effects of the environment. So you have a new mindset in achieving success, and get valuable lessons in managing finances so that your success will last a long time.
Yes, saving from small expenses every day is good. For example, from the habit of buying Rp. 10,000 fried or coffee in the cafe Rp. 30 thousand. But when do you want to get rich from small expenses like that? Learn from Warren Buffet, focus on big things from the start. One big thing about determining prosperity is home. So, when there are funds and opportunities, immediately allocate expenses to buy a house even though you have to go through credit.
2. Tube first, then shop
Warren Buffet has an aphorism: "Don't save the rest of your spending money, but instead spend using the remaining money saved."
If your salary is Rp. 10 million, you must save Rp. 3 million in the bank, then the rest is used for other purposes. This is the way to save discipline and at the same time the most effective way to become rich.
3. Duplicate income
Do billionaires and rich people only have one source of income? Impossible. There must be other sources of income. That is what is called passive income. For example, have a shop that has developed, then build a boarding house for rent. The store is the main source of income, while boarding houses are multipliers. In essence, passive income must be obtained from activities that do not clash with the main income.
4. Focus on the most important assets
Your efforts and hard work will not be useful if you are unable to focus on the most important assets, namely yourself. Mark Cuban, an American businessman and philanthropist, proved himself how to get rich this one. One must continue to learn and hone themselves as an asset to become rich. Without that, people will be trapped and difficult to progress.
5. Don't half
You must know your own potential, and maximize it to reach the peak of success. Not even easy to feel satisfied or even inferior. Grant Cardone, who is a businessman, writer, and expert on self-potential training, said that people who want to succeed must be the greatest in the field they are involved in. So, spill sweat sweat to the blood so that you don't become an ordinary person.
6. Make money
Most billionaires are entrepreneurs and investors. Because, they are aware of the importance of making money. The earlier it is done, the greater the chance of achieving something from the investment. In fact, if possible, start when you were still a student. Find out what type of investment feels right, then take it seriously. We recommend that you distribute seed money in one or two types of investment first, then expand the land so that the harvest is more abundant. Allocation of 15 percent of income is enough to start this step.
7. Wise
Instead of directly spending the remaining money because it does not enter the financial plan, you should set aside for savings. For example bonuses from the office, operating profit that exceeds estimates, or even prize draws to inheritance.
8. Debt
There's nothing wrong with debt. The wrong thing is to owe without a mature plan and for the sake of things that are not really important. Sometimes the temptation to owe comes when the items to be purchased are not needed. For example, the latest cellphone credit, even though the old one still works well. If from a young age, there are a lot of consumer debt, how can it be rich? Everyone can be rich. But not everyone knows how to get rich.
they really want to become rich so you need to acquire
knowledge about some good business that you can do which will make you to earn money consistently...
after you have started your business then you need
to start cultivating the habit of investing,to become
rich it is necessary to have some form of investments
because investments would enable you to have the
opportunity to multiply your income and make yourself become richer...
another factor you need to consider if you really
want to become rich is that you need to learn how to
save and have a financial mentality which states that you should ensure you save more and spend less,the
reason why some people earn good income and still become poor is because they spend alot and save very low and that makes them not to be able to acquire wealth...
Spend time planning and spend wisely. You should be able to have the mindset of being rich and work towards
Here's how the mediocre income can get rich:
1. Don't be a person who follows modern times
Live according to what you can, use enough money. Never use more money than ability.
So by not spending a lot of money you will have a lot of savings. By utilizing time to build a business with friends who want to get more money. Stay away from gathering with people who only see you as a rich person.
2. Set aside money from hard work to build a business
Starting a business with mediocre funds is very difficult for anyone who wants to start a business. But the truth is that it can still be done. How to set aside what percentage of salary to invest in more useful things such as building a business. By creating a team, work will be easier and can be helped by the team.
3. Join successful people
Joining successful people can make you think more about innovation and more success. Nothing can change one's thinking except the environment in which he lives.
A person can change because of the effects of the environment. So you have a new mindset in achieving success, and get valuable lessons in managing finances so that your success will last a long time.
Answer and ask questions here on Musing! :)
1. Focus on big things
Yes, saving from small expenses every day is good. For example, from the habit of buying Rp. 10,000 fried or coffee in the cafe Rp. 30 thousand. But when do you want to get rich from small expenses like that? Learn from Warren Buffet, focus on big things from the start. One big thing about determining prosperity is home. So, when there are funds and opportunities, immediately allocate expenses to buy a house even though you have to go through credit.
2. Tube first, then shop
Warren Buffet has an aphorism: "Don't save the rest of your spending money, but instead spend using the remaining money saved."
If your salary is Rp. 10 million, you must save Rp. 3 million in the bank, then the rest is used for other purposes. This is the way to save discipline and at the same time the most effective way to become rich.
3. Duplicate income
Do billionaires and rich people only have one source of income? Impossible. There must be other sources of income. That is what is called passive income. For example, have a shop that has developed, then build a boarding house for rent. The store is the main source of income, while boarding houses are multipliers. In essence, passive income must be obtained from activities that do not clash with the main income.
4. Focus on the most important assets
Your efforts and hard work will not be useful if you are unable to focus on the most important assets, namely yourself. Mark Cuban, an American businessman and philanthropist, proved himself how to get rich this one. One must continue to learn and hone themselves as an asset to become rich. Without that, people will be trapped and difficult to progress.
5. Don't half
You must know your own potential, and maximize it to reach the peak of success. Not even easy to feel satisfied or even inferior. Grant Cardone, who is a businessman, writer, and expert on self-potential training, said that people who want to succeed must be the greatest in the field they are involved in. So, spill sweat sweat to the blood so that you don't become an ordinary person.
6. Make money
Most billionaires are entrepreneurs and investors. Because, they are aware of the importance of making money. The earlier it is done, the greater the chance of achieving something from the investment. In fact, if possible, start when you were still a student. Find out what type of investment feels right, then take it seriously. We recommend that you distribute seed money in one or two types of investment first, then expand the land so that the harvest is more abundant. Allocation of 15 percent of income is enough to start this step.
7. Wise
Instead of directly spending the remaining money because it does not enter the financial plan, you should set aside for savings. For example bonuses from the office, operating profit that exceeds estimates, or even prize draws to inheritance.
8. Debt
There's nothing wrong with debt. The wrong thing is to owe without a mature plan and for the sake of things that are not really important. Sometimes the temptation to owe comes when the items to be purchased are not needed. For example, the latest cellphone credit, even though the old one still works well. If from a young age, there are a lot of consumer debt, how can it be rich? Everyone can be rich. But not everyone knows how to get rich.
Becoming rich is definitely a task that
everyone would want to do and become
successful at it,,becoming rich is a task
that requires some patience,,hardwork,
intelligence,knowledge and luck too...
you can become rich by first of all
finding a true source of income,a
person will need a source of income if
they really want to become rich so you need to acquire
knowledge about some good business that you can do which will make you to earn money consistently...
after you have started your business then you need
to start cultivating the habit of investing,to become
rich it is necessary to have some form of investments
because investments would enable you to have the
opportunity to multiply your income and make yourself become richer...
another factor you need to consider if you really
want to become rich is that you need to learn how to
save and have a financial mentality which states that you should ensure you save more and spend less,the
reason why some people earn good income and still become poor is because they spend alot and save very low and that makes them not to be able to acquire wealth...