Tagged: become wealthy

Financial Mistakes 0

The 5 Worst Financial Mistakes You Can Make

It is the financial mistakes you avoid that makes all the difference. People think that they need to make more money, catch a break, or get ahead on finances to be wealthy. Sometimes, all it takes is to avoid the big financial mistakes that can destroy you. Here are the worst five things you can do with your finances: Getting Into Credit Card Debt Buying a Brand New Car Vices Not Investing or Saving Excessive Spending 1. Getting Into Credit Card Debt The worst kind of debt is credit card debt. The only thing remotely as bad as credit card...

Steps to Wealth 2

10 Realistic Steps to Becoming Wealthy

Becoming wealthy is something that almost everyone wants to achieve in life. It enables you to live comfortably, become financially free, and even retire at a young age. The basis of becoming wealthy is increasing your assets while decreasing liabilities. The following is the equation for net worth (the measurement of how wealthy you are): Value of your Assets – Value of your Liabilities. Becoming wealthy takes a lot of hard work and practice, but it is by no means unachievable. Even beginners in finance can achieve this ultimate goal with a little education. Here are the ten steps that...