🌼4 Rules You Should Live By if You Want To Get Rich(MUST READ)

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🌼4 Rules You Should Live By if You Want To Get Rich(MUST READ)

If you want to get rich, you’re going to need a plan. And that’s because money doesn’t grow on trees — it grows in your bank account. But how do you get from here to there?

Rule #1: Have a plan for your money

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Money is one of those things that often comes to people when they least expect it. You may have a good job, but if you don’t have a plan for your money, then what happens when something goes wrong?

I know people who earn $100,000 per year and still live paycheck to paycheck because they don’t understand how to manage their finances. They spend too much on unnecessary items and end up with nothing left over at the end of the month!

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This is why it’s important for everyone — even those who are earning less than $20k per year — to learn about personal finance.

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It’s not just about having enough money; it’s also about making sure that we’re not spending more than we earn each month so that we can save some cash for emergencies or retirement (or anything else).

Read also: 7 habits to increase your productivity (highly recommended)

Rule #2: Give yourself an allowance

This is the second rule of getting rich, and it’s a good one. Some people call this “giving yourself a raise” or “splurging” — whatever you want to call it, this money should be yours to spend on whatever you want.

Don’t feel guilty about spending it; don’t be afraid to spend it on something frivolous, and don’t ever spend more than what you have in your account at any time during the week (this will only lead to more trouble).

If the idea of giving yourself an allowance sounds strange or unnecessary, think about how much fun it would be if each pay period was like Christmas morning for adults!

You can have as much fun with your allowance as you want — and when I say ‘fun’ here, I mean things like eating out at restaurants or concerts (or even going shopping for stuff that isn’t food).

Rule #3: Don’t fall for get-rich-quick schemes

While this may seem obvious, it’s definitely not a rule that everyone follows. In fact, there are many people out there who will try to convince you that you can get rich without working hard or taking risks.

Don’t believe them! If someone claims they have some secret way of making money without doing any work and without risking anything, then they’re probably lying to you.

I’m sure you’ve heard about the Nigerian prince who needs your help with his inheritance problem (or something similar).

This type of scam is very common on the internet and often involves asking people to send money in return for some sort of big reward — usually millions or even billions of dollars!

While I’m sure it’s possible that somewhere out there exists such an unbelievable fortune waiting for someone like me if only I would just follow through with all these instructions first…it’s also incredibly likely that this person is trying to scam me into giving away my money by pretending he/she has access to wealth beyond compare simply because they don’t want their identity revealed so easily when asked questions directly instead of via email correspondence only where motive could be questioned more easily by others concerned about being conned themselves later down the road.

Read also: The 5 real reasons your are not wealthy (eye opening)

Rule #4: Do something you love, and the money will follow

If you want to get rich, you need to do something that you love. You have to be passionate about your work, and if it’s not something that makes you happy, then why would anyone else enjoy it?

It’s also important to know what kind of work will bring in the most money. If there are jobs out there that pay more (and are similar to one another), then it’s not worth getting stuck doing something that doesn’t pay well just because it is interesting.

The same goes for skills: if someone has a skill in a field where they can earn more than others, then they should probably use their skill as much as possible even if they dislike their job or career path overall.

For example: if an artist hates their job but loves drawing and painting — they should still draw and paint because this is where they’ll be making money anyway!

CONTRIBUTED BY Nomad

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