Our Future

Today, the population of the world is increasing, the more people are becoming poor, but do you know that even if the population increases, no matter how many resources are lacking, poverty is only for those who do not want to do anything? It is not in our hands to be born poor and it is not a sin, but to die poor is the biggest sin and it is in our hands to make us rich. If you are reading our article “How to become rich: Ways to become rich | How poor man became rich | What to do to become rich? If you also want to become a millionaire, then follow these 12 smart ways which will make you rich”. I promise you that you have woken up right. We are telling about some methods, by adopting which you will join the list of rich in months.

You must have read Shivkheda’s book “You Can Win”, he writes that “Successful people do not do any different work, rather they do their work in some different ways” If you want to become rich even after limited income So save from today itself and start investing it. It is necessary to save as much as it is necessary to earn in life and it is more important to invest that remaining money in the right place, but earning the maximum return on your savings is the basic condition of becoming rich. Let us know the most important mantras to become rich, with the help of which you are going to become rich.…….

Enhance your skills and use it to build your business –

I definitely needed training to do any work, so it is important that first develop your skills by taking training in what you like and then start your work. Before starting any work, analyze the market. This will give you a chance to understand about the market and get a good grip on it. Do not do any work without knowledge, otherwise you will drown your invested money, so first “Enhance your skills and use it to build your business”. By doing this, you can become rich quickly, that’s why we have started our article. I have given the name How To Become Rich. Hope you have understood our point.

Dream big and let it go

Dream big and live for it. Always keep yourself where you are, if you do something, success or not is possible only on your thinking and strategy, so dream big. Announcement masks can be made but for this, something big will have to be done. They should show your logo on every street and every intersection, so make your brand and engage in it honestly.

Select good people do not give place to sycophants and relatives in the team

Select good people, do not give place to sycophants and relatives in the team, because you cannot do any business and work alone, so you will need a team, whenever you make a team, select only honest people, keep the skill in mind So it can be developed, honesty is in the DNA, and as soon as you feel that your business is running, you start a new business by giving a post like business manager to your hardworking employee, because every successful person is successful only then. It has happened when the skill of getting we have developed the work done inside him, remember that the owner gets the work done and the donkey does the work, so don’t be a donkey. And never include relatives in the team because you cannot do anything about their mistake, because this will spoil your relationship.

Don’t lend to anyone

When you become big then the number of people asking for loan increases, you remember when you were poor then no one wandered near you, so stay away from them because money is yours only till the time it is in your pocket, If your pocket is empty, then you cannot do anything. It is better not to lend than to make an enemy by giving a loan.

Create a Goal, Invest the Rest 

Make a goal, invest the rest, we mean your motive should always be in front of you, so set the goal, and also set its time, so that you will achieve your destination in a certain time, invest the money that is saved. Do it, don’t give it to someone else.

Every Investment should wisely investment

Every investment should be invested wisely. By this point we mean that whenever you think of investment, it is necessary to be wise because your wrong decision can make you rank from king, so avoid gambling and betting. You invest where there is no loss, which is gold, land, etc.

Invest only in the right place

Invest in the right place. Under this point, we want to alert you that if you invest your savings in the right place, it will help you earn excellent returns. The fear of loss has a greater effect on many people than the joy of gain. Come out of this fear. If someone started at 20, then investing just Rs 90,000 per year would make him the owner of Rs 10 crore at 60. For this, 12% annual return has been estimated. If there is a delay of 10 years in starting the investment, then to collect the same amount of wealth, an annual investment of Rs 3.6 lakh will have to be made. If you save at 45, then you will have to invest Rs 13 lakh annually to raise Rs 5.5 crore in the next 16 years. So start investing as soon as possible. If your interest rate increases, then you cannot imagine how much you will own. 

Keep track of expenses and deduct and invest the saved money separately

Keep account of expenses and cut down and invest the saved money separately, the biggest problem comes in the way of becoming rich is your expenses. You cannot become rich if you spend more out of pocket. Most rich people limit their spending and save money and invest it. For this, keep a daily account of your expenses. Pay attention to your savings and your net income on your mobile or register. Whatever you save in a month, use it for investment.

Invest, keeping in mind the returns and risks of the investment

There are many means of earning money in the market, in which you can become a millionaire in a few years by investing, so invest keeping in mind the profits and risks of investment, for this you can use mobile, laptop or a diary in which you can enter data. You can prepare and keep an account of it. Someone always does separately investments without waking up, due to which the risk works, so you can invest in the list-
1. Investment in land and real estate 50%
2. Investment in Gold 6%
3. Investment in share market 10%
4. Investment in FD and RD 12%
5. Investment in mutual fund 12%
6. Invest in crypto 10%

Don’t be afraid of risk, grow wealth and invest in stocks for long term
You must have seen all the big people who have tied up their wealth through investment go to Elan Mushak, billion rupees are invested in Dose Coin and everyone from Jhunjhunwala to Bill Gates has made their investment. The biggest hurdle in becoming a millionaire is how much risk you can take. If you want to become rich, then you have to take risk. You take a property, develop it and sell it. If you can invest in the stock market for a long time, then definitely do it. This can prove to be a profitable deal for you. However, this stock selection has to be done judiciously. Many small investors get disheartened by the fall in the stock, but investment made in the long run can prove profitable. Apart from this, there is a risk in crypto, but there is so much power in it can make you hero from zero overnight. It will increase your capital. Yes, during this time, choose the property wisely. But it is also necessary that some investment should be safe as well, so you should also invest in Land, Gold, FD as per the list mentioned in the previous point.
Always keep an emergency fund with you
Before investing, you must keep so much money in your savings account that even if you lose your job or you lose your business, you can still manage your expenses, like if your monthly expenses are 50,000, then you should always have 6 lakh rupees in your account. You will use it only in emergency. It is to be used only when there is a problem.
Create sources of passive income

If you do not have money and none of the above points are of any use to you, then let us tell you that Passive Income is such a way of earning, in which you create such a means to earn money, which is beneficial for you every day. Time goes on making money. I understand if it in simple words, then suppose you have created a Video Course, which you have listed on a Course Selling Site to sell. So whenever someone buys your course, you will keep getting their money. Starting a business is the best way to make passive income, because once you create a business in it. So your business keeps generating Passive Income for you all the time. There are many ways to make passive income, which are mentioned further, you can earn passive income by these methods. Which is a very important step towards becoming rich. And this will prove to be a milestone for you. Write a bookstore, a Blog or websterite, an eBookCreate an Online Course, Digital Products start a Profitable Business.

 This post written by my self Madan Singh and I Hope you have liked our article today. If you like our article, then you must comment.

“Thank you”