How to be RICH in 6 Steps
I was always wondering why all the famous and rich people start their interviews saying that their journey began from the “ZERO” and some of them had not even a shelter, until I found these 6 tips via Warren Edward Buffett, which changed my life forever:
1. On Earnings:
“Never depend on one income. Make investment to create second source”
2. On Spending’s:
“If you buy things you do not need, soon you will have to sell things you need”
3. On Savings:
“Do not save what is left after spending, but spend what is left after saving”
4. On Taking Risks:
“Never Test the depth of a river with both feet”
5. On investments:
“Do not put all eggs in one basket”
6. On Expectations:
“Honesty is very expensive gift, do not expect it from cheap people”
Am sure you will find a strong logic behind it, especially if you compare it to our lifestyle nowadays and how we become more & more un-self-conscious to distinguish between “Needs & Wants”, habits that will destroy us one day, we even start counting new addictions, such as: Shopaholic.
Hence, the potential to become a rich individual is not in anyone’s hand, but you, if you learn how to become one!
If you have more methods or tips, please share it with us!
- To make things easier for the clients, we at BS...
- The newly-elected US president, has been vocal ...
- Starting with Abu Dhabi residents will have to ...
- Risk management: That is the buzzword that the ...
- Albert Einstein once said that the hardest thin...