Now we should try this simple steps in developing capital either in savings, capital market or investment it's all same principle....
1. Don't spend more than you earn it kills capital through lack of wisdom
2. Development an attitude of reserving "spend and save in quote"
3. Read books on financial market and its products
4. Learn to engaged in investment
5. Be curious about things and ask a lot of questions
6. Don't underrated any money with you, no matter how small it is...its always have value towards something
7. Admire other people success and think where you're going too.
8. Save, invest and take good care of your health.
not sure here if you are truly mean that , SIMPLE STEPS? do you really understand how hard to follow those?
maybe one or two is simple but following everything is truly hard.
There is a level of human ability that lacks perfection to do that simultaneously. Running a business, saving and investing will actually make them unable to focus on goals because they have to share their time so that in the end they will act beyond their capabilities. Carrying out all the points conveyed by Op is really difficult for most people and I agree more with the simplicity you mean.
Prioritize what you want to do first and once you have achieved stability then continue with other desires, but it comes back to each individual and if they are able to do it simultaneously it will be much better.
I hope this is helpful?
that really help if being followed , but I doubt that people can complete all of those.
Just assume 50% are unable to do it and the other 50% have done it. It's much easier to understand because some people are capable of doing it simultaneously, take the example of several people who have done it simultaneously.