Source originale : https://unfilter.ca/5-things-you-have-to-do-if-you-want-to-be-rich/
We all agree that being rich or having financial freedom means living without worrying about money. Now, the big question that most people keep asking is how to be rich. Perhaps you have been trying to save for a period of time or you have simply given up on being rich soon, there may be some reasons why you are not succeeding. Below are things you have to do if you want to be rich.
1. Have a plan
To get rich, you have to plan for it. Even those people who play the sweepstake have a plan. You may wish you were rich, but if you do not have a plan for the future, you will never be rich. A plan will help you save money and you will not have excuses. Planning is being wise with your money. When planning, make sure you have more than one plan. This will help you create wealth because creating significant amount of wealth is difficult. Once you have set goals, make sure you implement all of them.
2. Become an obsessive saver
Being an obsessive saver means not losing any money you have earned. If you can put your money to work, that is the best way of saving. Think of every dollar you have as a business or a potential employee, and I can assure that each dollar will work for you if you give it some work to do.
3. Treat any debt as your enemy
Never enter into a debt for a consumer good, vehicle or a product that does not produce income to pay the debt. This is a very powerful code to live by. This is because, if you can live by this rule, you will become financially rich and also open up the locks of freedom in your life.
4. Live below your means
If you want financial freedom, you have to live below your means. Most people believe that if they have more money, they could stay on budget. Stop purchasing items that are more exaggerated than your lifestyle indicates. The minute you stop spending more money than you make, you can start saving. If you learn to live below your means, you will learn to be happy doing so.
5. Expansion
Real expansion means owning private business, rental properties, lending, stocks, farmland, and whole life policies among other assets. Put your money into an investment that appreciate with time.