Only 4 steps to help you change your fate, accumulated assets keep advancing
Wealth, everyone needs but how to increase wealth? It takes luck, skill and patience. To do this you need a specific route. Refer below, maybe you will find a solution and plan for yourself.
Step 1. Start with savings
First, consider the loans you need to repay. After using your salary minus that debt, how much money do you have left?
Set a budget. You need to create a spending management budget each month to see what are the basic expenses and what can be saved.
Reduce the cost of buying a house and car. If you already have a house, you don’t need to buy a new one, if you buy a car, you can choose an old one to save money.
Reduce unnecessary consumption. For example, the pleasures of going to Starbucks to drink coffee or go shopping when sad, … need to be reduced. This cost savings will surprise you.
Use credit cards wisely.
Step 2. Reduce unnecessary consumption or waste of living expenses
Use coupons to save some money.
You can buy in bulk or discount when there is a promotion.
Reduce food waste.
Reduce electricity bill, gas bill, water bill,…
Step 3. Learn to accumulate
Retirement planning.
Buy real estate.
Step 4. Career development to increase income
Sometimes you can increase your salary by changing the environment and experiencing different businesses. If you are a good employee, your salary will increase and get more income through career development.
According to 360doc
at Blogtuan.info – Source: Afamily.vn – Read the original article here
