Post
Topic
Board Economics
Merits 1 from 1 user
Re: Building wealth it's not just one time Luck
by
PytagoraZ
on 09/09/2023, 10:12:30 UTC
⭐ Merited by lovesmayfamilis (1)
~snip~  following a boring plan as follows:

1) Control income and expenses.
2) Spend less than you earn.
3) If you have consumer debt, get rid of it as fast as you can. And never get into consumer debt again.
4) Increase your income and get different sources of income.
5) Invest, invest, invest.

hahaha... I like your sentence. In essence, we have to live frugally and set aside money. The best way is to increase our monthly income so that we don't need to be too frugal because income is greater than expenses. However, in practice it is not easy, but it can be done. Youth needs to be utilized because the energy and mind are still strong enough to think about many things