Hi! Today's discussion is about getting wealthy. Alot of people out there have been seeking for ways to become wealthy which I Know it might not be a day thing. You as successful business people might wanna give us a tip on some things we can do to become wealthy.
Ways to wealth
- Thread starter Didosky
- Start date
Investing time in your financial education is thus the first step toward creating money from nothing. Learn the meanings of key words such as income, costs, net worth, return on investment, and financial freedom. Keep in mind that, financial education must be ongoing. Never stop learning new things.
The way to wealth is not investment or having a business you're operating and getting profit, but investment in yourself that is getting more knowledge on finance first.
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To be wealthy, I think you need to know the different ways how to be rich. There are people who got rich by winning the jackpot prize in the lottery. For an athlete, winning a gold medal
in the Olympics can give you riches. Just like our weightlifter Hidilyn Diaz who won a gold medal in the Tokyo Olympics game, she will be receiving millions of money as a reward.I have come to understand that being wealthy requires following a set of principles just like life itself is all about principles, so to become wealthy, one should understand the principles and apply them.
The only tip for wealth that I can give is to love your money which means do not spend it right away unless for necessities. If you are an impulse buyer then that goes to show that you do not love your money. You have to save something for yourself so do not spend all your income. Sharing is all right but there is a limitation to sharing.
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The best way to become wealthy is to look for opportunities and key into it. Opportunities that are very demand able and will make you a lot of money is what you should look for. However, you need to be cautious and make research about any business you are going into
Simple analysis
LEARN and remove the L
LEARN and remove the L
There are so many people that have become very successful especially when it comes to business and investment and you can actually know you very good detail about them when you follow them especially on their social media and see how they live their life and run their businesses.
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I think the best way to create wealth this days is to learn a skill and implement the skill into your ways on earning and leverage on opportunities surrounding you to expand your wealth
Before you can be thinking of becoming wealthy there are rules and guidlines you need to follow to acheive that.It all depends on the rout you want to follow,is it through entreprenuership,or investment,but you cahnces of getting wealthy through paid employment is very slim.You need to be discipline with finance,you invest your money and let it begin to grow befor thinking of attending to your needs,ie elayed gratification.You need to have courage and take big and calculated risk in terms of investment.You need to invest in learning and be a contneous knowledge seeker.You need to have a good financial and mentor.
Becoming wealthy comes with great responsibilities and one needs to be responsibly and well principled in other to accumulate finances of becoming wealthy.
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Everybody would love to become very wealthy. And becoming a very wealthy person isn't a days job. You will have to be a dedicated type of person that can face your dreams headlong to achieve wealth
Getting wealthy involves having a good Financial plan . It might include a business plan or having a good skill . The right mindset is what pushes people as well.
For me I believe the easiest way to get wealthy is to analyse your spending, save more invest more and know the difference between wants and needs and with that you will be able to make a difference in your finances.
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Well.... from my journey in this life, although I'm not wealthy but I believe in having so many source of income with is the best way of accruing wealth.
Ways to wealth is investing in yourself is the first thing to do because it help you acquire mastery on something and once you're a master you don't get afraid of anything.
You are right. For a person to be wealthy, he must look for opportunities to be wealthy. I think in our country this is what really is happening. Many of my county men goes to work abroad. Its because there are very few opportunities here in our country. But I think also that in other countries they pay more money than in our country.
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Just like the adage which says,you learn before you start earning.For anyone who wants to become finantial sound and grounded one need to invest his time and resources in learning the art of money management and good investment strategy,these trainings will enable you see potential investment prospects.
But that mastery is the toughest task. It is very easy to say that we need to be a master of our field, but that requires a lot of experience. Initially, we should only focus of how to survive in the market with small profits. Later we can try to expand the business.
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