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Showing posts from September 17, 2020

7 Wealth Generation Methods for Young People

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Generational wealth is the ability to pass down financial assets to future generations. It's something that many people dream of, but it's not always easy to achieve. However, if you're in your 20s and you're serious about building generational wealth, there are a few things you can do to get started. Here are seven tips for building generational wealth in your 20s: Set financial goals. The first step to building generational wealth is to set financial goals. What do you want to achieve financially? Do you want to buy a house? Pay off your student loans? Retire early? Once you know what you want, you can start to create a plan to achieve it. Opens in a new window www.investor.gov Create a budget. A budget is a great way to track your income and expenses. It can help you see where your money is going and make adjustments to save more. There are many different budgeting methods, so find one that works for you and stick to it. Opens in a new window mint.intuit.com Live bel...

7 Steps to Become Financially Free And Live a Good Life 2020.

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         You want to become financially free, you never have to worry about money again, to travel in style, to live the quote unquote good life, that's the stuff of dreams. And it remains a dream for most people. They've been conditioned by society for believe reasons. Having lots of money and enjoying themselves is only possible after decades of backbreaking work when they're north of 65, retired and graying. Why would you plan towards starting to enjoy life when it's just about to end?  I've never quite understood that and it doesn't have to be that way.       You can change this mindset and get started on creating a more prosperous life for yourself right now, even if you're just starting out, even if you're as broke as a joke. Here, ways you can make lots of money and become financially free without living like Scrooge and while still young. 1) Start with a plan.         Wh...

Think And Grow Rich 6 Best Lessons

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     So this book isn't one of those get rich quick formula things, this book has its place in history and it has actually changed the lives of thousands and thousands of people all over the world. The funny thing about this book is that it doesn't actually talk about making money.      What it talks about instead is the mindset, the philosophy and principles of wealth creation. The book is a great introduction to financial education, and it's basically a guide to living a better life. It's one of the most influential books of all time when it comes to achieving financial independence and self development. That's why everyone recommends this book for success. And here's the thing. This isn't a book that you read like a novel. This is a book that you need to actually use. It's basically like a manual.  Let me tell you a quick story. A few years ago, I had the privilege of being invited to a business networking event in my city. And ...

7 Truths About Money You'll Wish You Knew Sooner 2020

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           If you barely have any money to your name, but still end up with a heap load of expenses every other month, If you're on a financial journey with defined goals, if you want to learn more about money, If you just stumbled on this blog by accident, this post is for you. So don't close it yet. Get ready to learn truths about money you'll wish you knew sooner. Now let's begin, shall we? 1) Spending money can save you money.      I know you're probably thinking wait what? How does spending money save you money? Give us a minute to explain. See, when you spend money on the right things, it could save you a lot of money in the future. Sometimes spending more money can save you a heap load of additional costs in the future. For example, if Vanessa chooses to buy a 15 dollar bag from China and by the way, no shade at all to Chinese products, they actually have some legit items. And Person Mary buys an original North...

7 STEPS FOR STARTING AN ONLINE BUSINESS 2020[ IN 7 Days ]

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            Hey guys, This is WealthyCamp. Today, we're going to talk about seven steps to starting an online business. These days an increasing number of small businesses have an online presence. They believe that the importance of using the website is crucial to increase sales. Trading with online small businesses is a cheaper and an effective way to earn new customers on the website. Got plans for starting a small business online? This post is for you then.       Unfortunately, many small businesses are underdeveloped in realizing the potential of starting an online business. Many of them even think that starting an online e-commerce site and business is a daunting task. But the fact is that online trading is an easy and uncomplicated task to do if you are focused. Most importantly, doing online business is also less expensive due to fewer overheads. Your profit margin increases manifold as there is no ag...