10 Steps to Getting Rich

Who doesn't want to be rich in this world? Many people try various ways to get the desired wealth, but not many are successful. If you are among those who have tried a lot but have not yet produced results, maybe you need to make some changes. Here are the steps are given by financial experts so you can get rich.

1. Expenditures Must Be Less Than Revenue

This is actually already known by almost most people, even enshrined in the proverb not to be a big peg than a pole. But in practice, it's hard to refrain from buying something you want especially if you have money. Therefore, you need to strengthen and discipline yourself more to not spend money at will, especially if it has exceeded income. Instead of becoming rich, that is precisely what will quickly lead us to poverty.

2. Debt Is a Dangerous Plague, Avoid it!

You may have a debt if you are in one or two of these circumstances: a forced situation or you will get more than you paid. Also, avoid debt as far away and as much as possible as you avoid deadly infectious diseases. Debt is as dangerous as disease, can slowly undermine money and savings and of course make your life miserable.

3. Invest when others are afraid to do it

When the economy deteriorates and people tend to be afraid to take financial action, it's time you invest the funds that have been saved diligently. Like everything else in this world, the economy will always experience ups and downs and good and bad circumstances. When the economy isn't doing well, prices are usually lower so you can invest more for future success.

4. Choose One, Become Rich or Look Like a Rich Man

Remember this, that you may try to achieve both of them but you will not have enough time in this life. After all, real rich people do not need to show that they are rich because they are not affected by mere appearance. Therefore, spending money to form an image so that it looks like a rich person will only prevent you from becoming a truly rich person.

5. Invest As If You Live Forever

The wise say, live and love as if you will die tomorrow so you live it with totality. But the opposite is in investing, where you need to think you will live forever. Then automatically you will think of the importance of savings and financial preparation, even need it.

6. The Formula of Being Rich

To get rich, you need to run at least two of these six formulas. Here are six formulas for getting rich according to financial experts:

• Marry and live with money
• Inherited large amounts of money
• Has a unique talent or talent
• Have very great luck
• Creating and owning a successful business
• Save money, save and invest wisely continuously

7. The riskiest thing is not taking risks

In life as a whole and in particular financial matters, the risk is something that cannot be avoided if we want to keep moving forward. Do not dare to take risks it is the riskiest thing because it means you just stay quiet or even experience setbacks. And although the risk cannot be avoided, you can minimize it by finding out and learning from yourself and others.

8. Your Financial Affairs Are Not the Responsibility of Others

The money you have is very important to you, but not to others. It is legitimate if you seek the help of others such as financial experts or accountants in this case, but at least you know clearly how your financial condition. Remember that ultimately your financial affairs are your responsibility, not someone else's who helps you.

9. Fewer Information Can Be More Useful

The important thing to understand when you invest money is not to be quickly influenced by information circulating in the public. As noted earlier, that the economy is always up and down or in good and bad condition. Similarly, when you invest in a particular business, which is not always a direct success and of course experiences ups and downs. If you are sure that the business or thing that is invested does have a high value and is worth calculating, then believe in your instincts and leave the investment for a long time to get big profits later.

10. Time is not money, money is time

The adage is money we may have to leave from now on because according to financial experts money is time. A simple analogy to understand the sentence is like this, suppose you buy clothes for Rp. 1 million per month. If you cut your budget and buy clothes that cost Rp. 500 thousand, you still have the remaining Rp. 500 thousand. The remaining Rp. 500 thousand per month if multiplied by 12 months alone has reached Rp. 6 million, where this nominal can be used for living expenses for a month.

That way, cutting your budget and saving more money allows you to pay for the time spent later. The more amount you put aside and save or invest, the more likely your guaranteed time will be in the future.

These are the steps to get rich according to a financial expert you can follow. Remember that there isn't any instant that ends well, so it's best not to have to look for an instant and just go accordingly. However you go, rest assured that your efforts and hard work will give the best results. Hopefully, this information is useful and useful!