Credits: Rich Dad Poor Dad Book
Hi! We as teenagers tend to make mistakes when it comes to making use of our money or saving it. That's exactly why we have presented this blog to you. Read these seven tips to be money-wise and save them for future reference.
1. Put your money to work.
You can't get rich with your money in your savings account. Invest your money in appreciable assets such as real estate, stocks, businesses, etc.
2. Amount of money retained matters
It's not the amount of money you make, it's about the money you keep that matters the most.
3. Acquire Assets
Rich people acquire assets whereas the poor accumulate liabilities. Your financial choices determine your future.
4. You are not born to work for others for a lifetime
This is almost a form of slavery. You are not here just to work, pay bills, and then die. You're born to live life in a better way than you think and exactly the way you deserve.
5. Gain financial knowledge
Learn about investing, online businesses, stocks, taxes, sales, and others. It will help you make better financial decisions.
6. Winning means not being afraid to lose
Never be afraid to take calculated risks. Those who play it safe, never make a good fortune.
7. Dream big and be ready to work hard
You must be willing to sacrifice a few years of fun for a lifetime of freedom. The time is now!