- Educate yourself about money
- Start a business.
- Create a budget
- Spend less than you earn
- Pay off debt and avoid debt as much as you can
- Invest your surplus wisely
- Increase your income.
- Get a regular income source
- Improve your skill set.
- Understand net worth.
In summary, the first step is to earn enough money to cover your basic needs, with some left over for saving. The second step is to manage your spending so that you can maximize your savings. The third step is to invest your money in a variety of different assets so that it’s properly diversified for the long haul.
Title: DIFFERENT STEPS TO WEALTH CREATION
– Pst. Matthew Ashimolowo
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