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Showing posts from May 3, 2020

How To Increase Your Wealth | Basics

Winning a lottery can be attributed to “overnight success”, but in our daily lives the chances of winning a lottery is slimmer than the slimmest smartphone out there. What if I told you that there is a way to increase your wealth over time? All you need is focus and discipline! Here are some tips for you. What can’t be measured, cannot be managed You need to set your financial goals right at the outset. This means that you need to consider making a plan. A plan that would help you understand where you want to go and where you are at the moment. This will pave the way to understanding the gap between now and “then”. Say for example you want to save Rs.500,000. If you don’t set out a timeline for achieving the same, it would seem like a very difficult task, but let me simplify it for you. Plan it out Considering the above example, let’s look at a two-year plan to achieve this. 2 years, in other words, is 24 months. So, this is our first step. Divide the total amoun

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