Practical Principles to becoming wealthy

Practical steps to become wealthy and rich.

Here are few steps that you can do to become wealthy in no particular order.

• You have to spend less than you earn.
• Have at least one year of emergency fund
• Get out of bad debt
• Buy assets that generate you money.
• Use self discipline to create beneficial habits
• Think long term goals like 10 to 20 years.
• Learn the difference between needs and everything else like luxury, want or desire.

That’s it.

Now, start and adjust as you go.