Tuesday, September 3, 2013

How to Become Rich

                                 "If you want to be rich, you need to create
                                       multiple income streams."
                                                        - Bo
Everyone wish to become rich but they don't know how it possible. If you really want to become rich then you should do something like working more, taking risk, invest money. These three things are very important for becoming rich. I think there are few traditional path to wealth. Here are some reliable ways to become wealthy.
Instruction

       Steps 1:   Through saving money: If you do this in every month, I am sure you will be millionaire when you retire. Here job is not main factor. Everybody knows that saving money is perfect way for becoming rich but nobody obey this rule. You can save money in many ways. Some are given below.

  • Make a budget: Make a monthly budget from your income that cover your monthly expense. Also you can make a list as necessary. 
  • To make something less important or less valued: You can bye an apartment instead of a house or you can share your room instead of your own. In this way you can save a lot of money.
  • Less expenses: Every time you should follow this rule. you can take tea instead of coffee. Because coffee is very expensive. On the other hand you can ride bicycle or buses instead of private car.
                                                                                                                                                                                                                 Steps 2: Through a career: Getting rich is not so easy. If you want to be a rich man then you have to try hard and soul.                                                            
  • Proper education: Make sure your education, specially on the related field which do you want. If you don't know about business, economics or any kind of job Then you will loss everything. Also in the starting point of a career, your employers will want to know your educational background. So make sure your proper degree.
  • Select the right profession: It is very important for becoming rich. Select the right profession which pay you to maximum. Bear in mind if you earn more then you will become rich soon. Always search better organization, company or government job because it will pay you to better.
  • Select the right areas: Always choose better location because it helps you to become rich. If you want to cut your expenses then select a better place. Which is not more expensive and make sure that everything is under control specially consumers products.
  • By changing job: By changing your job you can get maximum salary. Experienced employee is better than anything. So if you are experienced then you could not stay your current place. Change your job and earn more money. I think many companies offer you a raise or other facilities then you will this offer.
                                                                                                                                                                                                                 Steps 3: Through investing: You can earn more money by investing your capital. There are many fields for this. Some fields are given below.                                       
  • Invest your money in the stock market: You can invest your money in stocks, bonds or somethings like that. Nowadays it's best way for earnings more. It will give you return with profit. 
  • Invest your money in real estate: I think this business is better than anything for becoming millionaire. Recent time land price is increasing day by day. So you can invest your money in this field.
  • Invest your money in Business: In this way you can earn huge money. Export and import business is now very popular. It is very profitable, You can take it.
                                                                                                                                                                                                                 ADVICE
  • Don't try to illegal way.
  • Make your plan properly.
  • Remember that no alternative way for earnings more without hard working.
  • Don't waste money.
  • Bear in mind, spend money make money.

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