Basing on the richest man in Babylon and other books, we curated the best ways to grow your wealth. These are the 6 steps to help everyone grow their wealth:
- Save at least 10% of all money earned for at least a year. of any money that belongs to you/has been earned by you, save at least 10% over the entire year. The amount of money saved will help buy an asset or be invested at the year’s end.
- Control thy expenditures: Cutting down expenditures by just 1/10 would result in so much saving that you may never have expected
- Invest in things you are knowledgeable: Knowledge is the ultimate source of profit
- Keep learning
- Guard your money against loss
- Create passive income
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