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Showing posts from June, 2021

How to become RICH - Part 1.1: How to find your Financial Level-Financial Stability

Do you want to become a millionaire? Is paying bills are the first thing you do when receiving your salary? Any idea to start your way to financial freedom? Then this one is for you.      Before starting anything we should know our current status. Without this working hard is useless. When we come to the financial side of us also this same. We should know our strengths and weaknesses and our current financial status in order to reach our financial target or so-called Financial freedom. As per the Financial world definitions, we have 4 levels of Financial wealth. From book to book definitions may be different but what we should understand is to find our current financial status and work up through it to the ultimate financial goal. 1.Financial Stability This is the first level you need to achieve in the way to your financial freedom. Main Requirement: 1.You should have liquid assets to cover your current expenses for a minimum of 3 months. Here we consider liquid asset...

How to become RICH - Part 2: How to find your Financial Target

            Lots of people work hard to have a Rich life. They work day and night and try so many ways to earn money but lots of them finally fail as they are not having enough money in the end. As per the researches done , one of the main reasons is not having a financial target. Not only financial but to achieve anything in life you should have a target. This target means to achieve your dream life. It can differ from one person to one person. But this is a proven process done by most o rich people for achieving financial freedom. You no need to compare your rich life to Mack Zuckerburg or Bill Gates. But you need to have some sort of wealth to achieve your financial freedom. 3 Steps to Find your Financial Target Find the Cost of your Dreamlife. Find your Current expenses. Find your Current Incomes. Let's discuss these 3 steps one by one. Don't miss this or postpone this. You are going to keep the first step to create your dream empire. To explain th...