One of the level of attainment a man can ever get is that stage where he becomes a success and can do so well for himself, but the only way to get to that level is when that individual is financially buoyant or when he can be referred to as wealthy or well to do.
Building wealth is very essential because it secures the future of the person involved and makes living generally pleasant and stress free.
But it is also important to note that wealth does not just come as easily as we ever thought but as a result of a high level of hard work that has been invested in any chosen field or aspect of life to become a full success and a force to reckon with.
So do you intend to increase your wealth and generally secure your future or is it that you find it practically impossible to save from your income and thus you are not been able to live a live you have always wanted?
Do you have wants that you cannot service because you are low on the resource and the cash ability?
If your answer is in the affirmative, then you must be looking out for an avenue to accumulate a good and considerable amount of wealth.
The truth is that, at the start, it will seem almost impossible but with the proper amount of hard work, you surely will be able to achieve all you want in cash either as naira or dollar or in property as wealth.
In your quest for wealth and future security, there are some ways you might or must have ignored, but we will discuss on them quarterly
- Securing your future and building wealth in the most simplest of way
Securing your future and building wealth in the most simplest of way
Early start-up and investing at younger age.
When you do a review of almost all successful individual today, they have a lot together, they all started early at younger age and this gives them an edge because when others will be starting up, they are already fully grounded in the field.
The idea here is to start accumulating your wealth at a very early stage and investing the little resource you have and time in profitable ventures.
If you follow this simple advice, you must have accumulated wealth and secured your future to enable you live a secured and guaranteed future.
Invest in profitable firms of your time
The idea here is in buying stocks in profitable firm as early as possible, so that as the company grows, your wealth grows with them.
Buying of stock should be devoid of emotions and sentiment but you should have foresight and be able to predict a positive trend in the stock market.
What this does is that it prepares you for the rigors of life especially if your stock fail, but in the long run, your accumulated stocks will be enough to almost see you through your adult life.
Also try to invest in small scale business too, you never can tell where you will find yourself in the nearest future.
3. Get a skill
This honestly supersede anything you will ever have even including going to a college or a university.
The joy behind getting a skill early is that you will get to practice early and with experience garnered overtime, you will even do better than just having a university or college degree.
I am not against you going to a college or university and getting the necessary degree, in short I admonish you to study, but you might never hit jackpot that way alone, aside from setting out early, the most successful of individual today had a skill that has proved to be a goldmine.
People are also blown to recognition by their skill and the demand for skill related handiwork is still on the rise, so sharpen and hone your skill and if not go and learn.
You should save more than you spend
It is painful nowadays that young people end to spend more than their income. They cannot save and this is really bad for their financial health.
Most of them including you and I engage in impulse buying which is not good on a very large scale.
If everyone was to keep spending more than they earn I doubt if we would have anyone to point to as the world richest man.
Sacrifices ought to be made and a lot of effort should be administered in trying to curtail the youthful exuberance and chase a life that is more frugal and economical.
Keep a budget for every month and keep track of all your spending and earnings, that way you will never run into bankruptcy at a very young age and it will hone your ability to save more for a secured future.
Understand yourself completely
The main point here is for you to understand yourself and work in a positive direction. You should know what works for you and you should stick with it completely.
From every perspective, try and get a full understanding of your environment and balance all your structure and force to trying to make it a better place.
What you really want and what are you chasing after, know this factors and work towards them immensely, that way there is no stopping you, but most importantly you have to believe in yourself.
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There are many more ways to secure your future financially, but as our pattern is, we leave the rest for our members to help us out.
Over to you from the comment box and do not forget to share to those you care so much about for.