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.

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