August’s Love Letter

Only Good successful people will share their secret of wealth with others🤗🤗🙂☺.

SMART THINGS YOU NEED TO DO IN YOUR YOUTH THAT WILL MAKE YOU A MILLIONAIRE IN YEARS TO COME.augu

At a time when too much is happening and not much is actually happening, there is nothing great than having to learn one or two secrets of wealth, especially how to acquire it at an early age. Here are few niches to success I wish to share with us, starting with my self 😁😚😁😙. That one would become a millionaire cannot be guaranteed, but doing these things won’t hurt your odds.

Focus on earning

Earning more money is often easier said than done, but most people have options. Read about 50 ways to bring in additional income, some high-paying jobs you can do on the side, how you can earn passive income, and the first step to take before starting any business, from an entrepreneur who earns much in a month.

Develop multiple streams of income

One way to earn more is to increase your streams of income. A study of self-made millionaires found that many of them develop multiple streams of income: 65% had three streams, 45% had four streams, and 29% had five or more streams. These additional streams include real-estate rentals, stock market investments, and part-ownership in a side business.
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Save to invest, don’t save to save

Investing is not as complicated or daunting as we make it out to be. The simplest starting point is to consider researching low-cost index funds and look into any online-investment platforms of your choice. The key is to consistently setting aside money is to make it automatic. That way, you’ll never even see the money you’re contributing and you’ll learn to live without it.

Don’t show off — show up

Need inspiration to save more and spend less? Read up on tips and strategies from regular people who saved enough of their incomes to retire before 40.

Change your mindset about money

Getting rich begins with the way you think and what you believe about making money. At the end of the day, the secret has always been the same: thinking. While the masses believe becoming wealthy is out of their control, rich people know that making money is really an inside job.

Invest in yourself

Many modern-day successful and wealthy people are voracious readers. Take Warren Buffett, for example, who estimates that 80% of his working day is dedicated to reading.

Set goals and visualize achieving them

If you want to make more money, you have to have a clear goal and then a specific plan for how to achieve that goal. Money won’t just appear — you have to work at it. Rich people choose to commit to attaining wealth. It takes focus, courage, knowledge, and a lot of effort and it’s possible if you have precise goals and a clear vision.

Hang out with people you admire

The idea is to surround yourself with talented people who share your vision, because the alignment of several smart and creative minds is exponentially more powerful than just one. Plus, we become like the people we associate with, which is why the rich tend to associate with others who are rich.

AND LASTLY,

Shoot for $10m, not $1m

The single biggest financial mistake you can make is not thinking big enough. Go for more than a million. There is no shortage of money on this planet, only a shortage of people thinking big enough.

Hey dearies😘,

I got up to this first day of the new month to these wonderful and energetic words and write up, I hope you enjoy it as much i do.

HAPPY NEW MONTH AND GLORIOUS WEEKEND LOVELIES😍😍😍😙😙

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