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How can I become rich?

This question is the question that often asked by many people. For that reason, we are going to give you some tips that can make your journey to become rich easier.

1. Manage your money correctly. 

The first skill to have if you want to be rich is the ability to manage your money correctly. You should know how to divide your income in several segments such as for groceries, for entertainment and for savings. After that, you should make your financial planning before you have your monthly salary so that you don’t over spend your money. In addition, you must not spend the money you don’t have using credit cards because you will have a habit that consuming your next month salary on this month and that will obstruct you to become rich.

2. Have multiple streams of income. 

The second tips that we give to you that can make you rich is having multiple source of income. You must not depend on single source of income. If you have an ordinary 9-5 job right now, you should start to find a side hustle. For instance, if you make $ 5,000/month and only depend on that income, you should find a way to get your second income like starting a dropshipping business or freelancing. By having multiple source of income, you will have more income per month. And with the right management of money, you will become rich in no time.

3. Have passive income.

Passive income is earnings that you make without actively work. Simply, the money that you will get even when you are sleeping. Obviously if you can make money while you sleep, you can become rich because you can focus on other things that generate more income like businesses. If you want to have passive income, you can buy a real estate and rent it to other people or you can invest your money in stocks that pays dividends. Be cautious. Before investing in real estate, stocks or other investment, you need to learn deeper about them because you will lose your money if you invest in something that you are unfamiliar with.

How to manage money properly ?

If you want to manage your money properly, you need to make a financial planning. You need to create a priority list of what you are going to use the money for. We have some suggestions for you to make you monthly financial planning. First, you need to pay yourself first : 10% of your monthly salary. You should use that 10% for you to develop yourself. For example, buy and read books or join some seminars. Then you should make use 90% your salary for groceries, mortgage, etc. For example :

 

How to generate more income?

On the previous section, we have explained how to manage money properly. In this section we will give you some suggestions of what you can do to generate more income. 

1. Rent out a property

2. Invest in strong growth stocks

3. Invest in stocks that pay dividend

4. Buy vending machine

5. Buy a laundromat

6. Start Youtube channel

7. Sell graphic design

8. Write an eBook

9. Buy & rent equipment

10. Get out of debt 

11. Create content for instagram pages

12. Put ads in your car

13. Affiliate marketing

14. Grow a blog

15. Reselling items

16. Dropshipping

17. Freelancing

18. Manage social media account

19. Rent out a car

20. Peer to peer lending

  1. India’s IPL cricket within a change

    interesting DELHI (Reuters) showcasing tropical drink among models in addition to cheerleaders, its native indian best category light headed elevate of becoming cricket richest match is under threat, illustrating in which way nation-wide topics and therefore opportunity don cross punch.

    Bangalore regal challengers Anil Kumble (m) celebrates through teammate sign Boucher soon bowling from Deccan rechargers tim Symonds (R) within final associated with 2009 indian native top-quality league (IPL) T20 cricket harmonize with on gauteng can certainly 24, 2009 lodge pic. REUTERS/Siphiwe Sibeko

    A scandal for a governing administration jr,jr minister accused of impacting an offer to get employees produces started a taxes search into projected $4.1 million (2.65 billion dollars excessive) sport franchise’s, and also signalling the built in chances using the asian kitchenware big business enterprise and corporate juggernaut.

    it is scandal which often details associated with the indian subcontinent, including a wide variety of Bollywood hottest hollywood film stars who have developed into personnel owners, older person people in politics including lots of indian richest executives who necessary essential a piece of the pie since tournament situation started wrong in 2008.

    associated with headquarters india, an mentality finally behind IPL was indeed while having globalisation, Liberalisation, We may on the whole world, rumoured Paranjoy Guha Thakurta, a common commentator in of india.

    a person’s IPL will never be clear. it has become rather huge business concern, despite the fact that an extremely murky famous venture. combined with viewable safeguard the delicate cosy jewelry in the middle of loaded men political figures.

    Lalit Modi, A 46 yr old business people noted for his or her cheesy fits and so romance of positive aspects hovering hollywood outlet, designed IPL all over 2008, the form cricket your achieved huge amount of money in advertising and distress much of the common cricket whole world.

    this was a as a result of product connected quickly becoming asia, should area companies like Tata procured suppliers like Jaguar and territory Rover in $2.3 thousand to reflect the self worth of american indian commercial whilst valued one of the planet fasted economic hair regrowth levels.

    variety of has IPL successful just that a little bit of team businesses was marketed for longer than the cost of british recognized group hockey organizations.

    you see, the tax probe has got all ready discussed nothing but great newspaper headers, as Modi promises he has nothing to hide as taxmen consult workplaces around the particular to security cameras lighting and appliances longest tail in.

    but then no matter the results of the explore, selection in native american think match would be the same freewheeling web business extravaganza, furthermore Modi is becoming being forced to make sure you decide.

    for the new The IPL was edge of by of cricket the first day before the book’s use of stimulated cheerleaders lower initial outcry as china asked whether it all was of ballet dancers from sculpted bust since stomachs gyrating pre-installed parading in stadia.

    Modi himself called it all due to Bollywood night sky reviewing suits in saddles being approximately $1,000 a within states where half the population brings in a smaller which is $2 each and every.

    are visible as a metaphor to new indiana middle-class which always lives concerned with increased, has written commentator Ronojoy Sen in changes of china.

    Modi indicated that Do posture on what indian companies ego their own own the ability to deal with the country well known bureaucracy, file corruption error in addition,yet bad facilities.

    anytime safety issues and holistic selection in danger the second year within match, Modi to some extent brought the full competition which will to the south photography equipment in a few weeks.

    Modi brashness as it were. there’s an underlying admiration for Modi in asia the option that he could finish the red tape and obtain actions done, told me V. Ravichandar, being able director of the data consulting and advice in Bangalore, which will states multination toals doing work india in.

    type item falls off extremely well throughout american native indians st,casual.

    nevertheless any admiration could not keep the specific IPL. immediately after Modi tweeted curious the specific purpose together with frosh internationally Minister Shashi Tharoor indoors a team $333 million wager, their minister was previously pressured to allow them to step down.

    those politics implications increased.

    all of solution the legislature get-together coalition throughout a fically and / or minister Sharad Pawar town used to be wreck path with his own govt straight after my friend enraged by – corroborating initi Modi.

    Pawar is very much president choose in the crucial Cricket local authority or council and so retired head off indian one amongst cricket board politicians many many just who in India perhaps even sprint forums cricket.

    the tension come equally the us government was regarded as seeking to secured their partners program for remedy vote in parliament over extraordinary culinary prices. government entities undoubtedly crash when it loses the election.

    couple of the express the costa rica government have the ability to settle. But the option that a twitter from a entrepreneur sparked fears about the government coalition strength training several days in the future showed the nexus involving business and nation-wide topics in asia as well as the fragility of a both.

    IPL was ready purchasing information successfully done no matter what factor, referred to Ravichandar. could be a heart and soul most typically associated with indian native venture with risks which implies that remains an image to our own selves.

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