Mika
VIP Contributor
You might be earning money, you might be saving money, or you might even be investing money, however, if you are not building your wealth, there is no point in making money. Making money does not only mean earning money to pay your bills, you also need to make money in order to build your wealth.
Why do you need to build your wealth in the first place?
You need to build your wealth for financial freedom, to live comfortably in your old age, also help your family when they need financial help, contribute to society by donating to charities, etc.
How o start building your wealth?
You need to increase your income. You can increase your income by working multiple jobs, working harder, and working more hours.
You need to invest your income. You should not spend your entire income, you should invest in stocks, mutual funds, businesses, real estate, cryptocurrencies, etc.
You need to insure your investment against investment risks.
Why do you need to build your wealth in the first place?
You need to build your wealth for financial freedom, to live comfortably in your old age, also help your family when they need financial help, contribute to society by donating to charities, etc.
How o start building your wealth?
You need to increase your income. You can increase your income by working multiple jobs, working harder, and working more hours.
You need to invest your income. You should not spend your entire income, you should invest in stocks, mutual funds, businesses, real estate, cryptocurrencies, etc.
You need to insure your investment against investment risks.