Friends, most of us work very hard. But we never have money in the name of saving. And money related problems are always going on, so we keep thinking about promotion or increasing the salary. And even if our salary increases, our financial problems do not end. On the other hand, rich and successful people spend more and more money. Like they go foreign for a trip, buy the most expensive car, buy bungalows but still their wealth keeps increasing instead of decreasing. And this is because they understand the rules of finance, follow the secrets of wealth and accomplish their financial goals. Because their entire focus is on personal success or financial success.
If you want to become rich then follow these six financial rules.
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Rules No 1. Pay to Yourself First.
You should pay yourself 10% of your salary. Just as we pay rent and bills honestly, you should also give yourself 10% of your salary. That means if your salary is Rs 20000 then you should keep Rs 2000 with yourself. This money will help you in your bad times. It is not wise to spend the entire salary. This small 10% will give you a good saving. At last you would rather have some money than have nothing.
Rules No 2. Control the Expenditure.
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Normally, all the money from your salary gets spent because you do not spend it in a controlled manner. Nor do you make a list of your expenses. That's why you do not know which expenditure comes under your needs and which expenditure comes under your wants. That's why you should always list and control your expenses
Rules No 3. Make thy Gold Multiply.
It is important that you invest the 10% money that you have saved from your salary. Because to make money from money, to create good wealth and to become rich, it is necessary to invest the money in the right place because no one can create wealth worth lakhs by saving only 10%.
Rules No 4. Guard the Treasure from Loss.
Invest as much money as is necessary for good wealth. It is equally important that you keep an eye on your money. So that you do not suffer any major loss. It happens many times that people invest money in high risk assets in order to earn more wealth or interest. And they have to suffer huge losses. Don't take so much risk. It is wise to guard your invested money, invest it in the right place and leave after earning wealth at the right time.
Rules No 5. Assure Future Income.
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It is important that you pay attention to increasing future income. Set some long time investments or financial goals. So that you remain wealthy even in old age. Focus on assets that can create maximum wealth by investing future income. So that you do not face money problems in old age nor do you have to ask for money from your children.
Rules No 6. Increase the Ability of Earning.
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Like you consider it necessary to do 9 to 5 job to earn money. And you consider it necessary to earn money to fulfill your needs. Similarly, financial success always requires financial learning and financial knowledge. In every situation of life, if you have a mentor or a senior who has experience in that thing to guide you, then you will always get to learn something new and different. That is why it is important that you leave aside idle time and focus on increasing your financial knowledge. Read financial books, understand financial rules and apply them in your life.
If you follow these 6 rules in your life then no one can stop you from becoming rich.
I would like to thank everyone who came to my blog and read till the end and supported me and encouraged me. 🙏🙏🙏❤
