6. Make Conscious Efforts To Increase Your Income:
If somebody asks you today to save more, do you automatically start thinking about expenses that you can cut down? Wrong approach. The better approach is to try to increase your income. Let’s assume that a person saves 25% of their income, if the income increases, savings too will automatically increase. However, always trying to cut down on your expenses is not a very fruitful and long-term strategy. If you leave too many things, it will make you frustrated and you will not be able to achieve your goal of being wealthy. So the best thing to do is to find a way of having an extra source of income.
Page 6 of 10
Discussion about this post