If someone were to ask you how to build wealth, you could probably think of numerous ways to achieve this, but the simplest way is by simply making full use of your talents.
Sure you can make money through property and stocks, but not everyone has the skills needed to successfully invest in these areas, plus […]
Well it’s time to study the expense column very closely and identify where you can cut your expenses. You will be surprised to know that we can easily do without between 20-30% of our monthly expenses.
1) Study Your Monthly Expenses
“Dispensable expenses” are stuff we buy on impulse to get a ten-minute gratification, and after that […]
In fact, when used properly, credit cards are a very powerful wealth-building tool! I use credit cards for every single possible purchase.
By using credit cards you get…
1) A two-months interest free loan
When you buy a product using your credit card, you will only be billed for it at the end of the month. You are […]
Some individuals do obtain and come into contact with wealth at a certain point in their lives. Unfortunately, most people tend to be mistaken in their attitudes of being wealthy. Instead of using and building up what they have to their advantage, most of them tend to lose what they have acquired.
Here are some examples […]
So with all these money multiplication strategies, where should you put your hard earned savings? How should you allocate your funds to generate maximum gains yet minimize your risks?
I am sure you have heard of the term ‘don’t put all your eggs in one basket.’ Even though you are going to learn how to achieve […]
How do you achieve excellence in any area within a short period of time? The key is through modeling. Modeling is the technique of finding role models who are the best in their field and then studying and distilling the mental models and strategies that make them the best in what they do. By learning […]
Everyone knows that it is possible to work and make money. Usually, the more we work, the more we earn. Let’s look at some ways we have to let the power of leverage return more to us even when we don’t work more. With leverage, money gets returned to us in a […]
When I think of creating wealth, the first thing that comes to my mind is that I need to invest money. I need apply what I have learned from the Rich Dad series by Robert Kiyosaki by making my money work harder. All along, it never crosses my mind that I need to invest another […]
Reducing time wastage is not just for busy people. I feel that is it an important thing that everyone learn to reduce time wastage. I believe that if spare time is probably invested, it can make a whole lot of difference in the quality of my life.
For example, if I had invested my spare time […]
When I just started work after graduation, I have earned income to spend on the things I desired. But if I came across something that is too expensive, I would tell myself to forget it. It is outside of my budget. That is the way I was brought up. Spend within my means and forget […]
