1 Best rule to get Wealth easily in life
Everybody should go to school and get best marks and after that find a easy job, Right?
Wrong! well, at least if financial independence is what you are aiming at. Our education system is also a big problem. Because they never teach a student in school that ho to invest in best way. They just thought us other unimportant subjects from which they will not able to grow their business. In result they struggle and face many problems to give wings to their business .
1. best way to be wealthy in life:
Apply this rule in and i will promise that in future you will definitely become a billionaire
Grow more assets in life and decrease the no. of liabilities.
1. What is Asset
Assets are like stokes, shares, bounds and mutual funds etc. means those things from which we can get more money and generate more and more money for lifetime. Many people think that their home are their but a house takes money from us in different ways electricity bills, taxes, mortgage etc. Yes you house is asset if you give it on rent and it generates money for you. So increase your assets and save more money as you can then spend that money to create more assets.
2. Liabilities
liabilities are the only thing from which you can save money. as much you can save money remember you have more chance to become wealthy. But most importantly invest it into good thing from which you can earn more money and do not put that money for FD or Savings accounts because from that money you never become billionaire in life.
Again make assets are always earn money for you and liabilities will always take money from your pocket
great
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